Shipping News

By Mike Wackett (The Loadstar) – Demolition markets in the Indian subcontinent have now largely reopened and are preparing for a new wave of

By Francois de Beaupuy (Bloomberg) — Electricite de France SA and its Canadian and German partners have finalized the funding of a 2-billion euro ($2.23

The Master of the APL England appeared in a Queensland court on Monday to face two charges related to the loss of about 50 containers overboard during heavy

PARIS, June 2 (Reuters) – French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon

June 2 (Reuters) – The U.S. Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest

The United States’ marine economy contributed about $373 billion to the nation’s gross domestic product in 2018 and grew faster than the nation’s economy

The Digital Container Shipping Association has published its IoT connectivity interface standards for shipping containers. The DCSA is a neutral, non-profit

SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order

By Serene Cheong and Ann Koh (Bloomberg) — Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for

Subsea 7 has released details of its cost reduction program which it alluded to in its first quarter earnings report released April 30. As previously

By Olivia Raimonde and Hailey Waller (Bloomberg) — OPEC+ and its allies will decide as soon as this week whether or not to extend their historic output

By Elida Moreno PANAMA CITY, May 31 (Reuters) – Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to

State-owned Qatar Petroleum has entered into shipbuilding agreements with South Korea’s “Big 3” shipyards for the construction of up to 100 LNG carriers

By Olivia Raimonde and Alex Longley (Bloomberg) — Oil’s historic rebound this month from its dramatic plunge below zero is running into headwinds.

The South African Maritime Safety Authority (SAMSA) is responding to a VLCC in distress off the port of St. Johns. The Chinese-flagged tanker, MT Yua Hua Hu,

Australian authorities have brought charges against the master of the APL England, which lost about 50 containers overboard off Sydney on Sunday. The offenses

By Ameya Karve, Denise Wee and Abhishek Vishnoi (Bloomberg) –A unit of Temasek Holdings Pte. is in talks for a potential investment of at least $400

By Brian Eckhouse and David Wethe (Bloomberg) –Jeff Bishop’s LinkedIn post gets right to the point: “Houston Oil & Gas Folks — we’re

By Devika Krishna Kumar NEW YORK, May 28 (Reuters) – A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is

By Eric Martin (Bloomberg) –The U.S. trade war with China cut $1.7 trillion from the market value of listed American firms and will reduce their