Shipping News

The U.S. Coast Guard is moving to take enforcement action against New York-based Bouchard Transportation Company after the company failed to comply with a

By Jack Wittels (Bloomberg) — A tweak to new environmental rules for the shipping industry is just days from taking effect, closing off a loophole for

Update: March 3, 2020 A giant VLOC loaded with iron ore has run into trouble off the coast of Brazil.  The ship, Stellar Banner, began developing a severe

Singapore-based Unix Line has become the latest shipping company to plead guilty in U.S. federal court to violations of the Act to Prevent Pollution from Ships

By Anthony Esposito MEXICO CITY, Feb 26 (Reuters) – A cruise ship with more than 6,000 people aboard was given permission on Wednesday to dock in Mexico

By Muyu Xu and Shivani Singh BEIJING, Feb 27 (Reuters) – China’s top container ports are loosening the backlog of cargoes on their docks as workers

By Ann Koh and Alex Longley (Bloomberg) — Oil extended losses after closing at a 13-month low as more new coronavirus cases were reported outside China

Update: Mexico Lets Cruise Ship Dock as Crew Member Found to Have Flu, Not Coronavirus By Jonathan Levin (Bloomberg) — A ship operated by MSC Cruises is

Shipping giant A.P. Moller – Maersk says it has secured a $5 billion revolving credit facility that will be tied to its environmental performance. 

By Michael Shields GENEVA, Feb 26 (Reuters) – Tanker charter rates have plunged more than 80% as the coronavirus outbreak slams the brakes on major

CARACAS, Feb 25 (Reuters) – Armed assailants murdered the captain of an oil tanker after boarding his ship while it was anchored off the coast of eastern

Hong Kong-based owner and operator Seaspan has surpassed the one million TEU mark with the purchase of four modern containerships for approximately $367

Norwegian energy firm Equinor says it is halting exploration drilling in the Great Australian Bight offshore southern Australia.  The move comes after a

By Richard Clough (Bloomberg) — The shipping industry will remain volatile for most of 2020 as the coronavirus outbreak in China upends the global

By Ira Breskin – The Liquid Natural Gas bunkering era is here. That’s the loud and clear message sent last week at the LNG for 2020:  Fueling

KPI Bridge Oil says it has agreed to acquire OceanConnect Marine creating a leading bunker business with 170 employees across 15 global locations.  The

By Bloomberg News (Bloomberg) — The gusts of wind cascading across China’s seas have the potential to power its populous coastal provinces many times

DUBAI, Feb 23 (Reuters) – Naval forces from the Saudi-led coalition fighting in Yemen on Sunday foiled an “imminent terrorist” attack by the

By Antonio Vanuzzo and Laura Benitez (Bloomberg) — The coronavirus outbreak is threatening to scupper a debt refinancing for the world’s third-largest

Wilhelm Wilhelmsen, owner of the Wilhelmsen Group, has passed away at the age of 82, the group announced Sunday. Wilhelm  Wilhelmsen was the fourth-generation