News

By Collin Eaton HOUSTON, June 19 (Reuters) – U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast,

Federal authorities have seized approximately 16.5 tons of cocaine from a ship at the Port of Philadelphia, the U.S. Attorney’s Office for the Eastern

(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part

The United States has charged a Greek cargo ship operator and two of its chief engineers with environmental crimes for allegedly failing to record

Confidence in the shipping industry has fallen marginally over the past three months, largely as a result of ongoing concern over trade wars and increased

By Babak Dehghanpisheh GENEVA, June 18 (Reuters) – If, despite its firm denials, Iran was behind attacks on two oil tankers in the Gulf last week and a

By Jonathan Saul LONDON, June 18 (Reuters) – A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their

By Mike Wackett (The Loadstar) – The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap

Canada-based Atlantic Towing has entered into a contract with Norwegian ship technology group Havyard for the purchase of a state-of-the-art hybrid

By Michael Carr – Building a log cabin while underway is not easy. But I persisted and built one, many times over. Each time I began constructing the

By Aaron Sheldrick and Yuka Obayashi TOKYO, June 17 (Reuters) – Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to

The K-Line car carrier Diamond Highway has been abandoned in the South China Sea after a fire broke out on board the vessel late Sunday night, according to

DUBAI, June 16 (Reuters) – The two oil tankers crippled in attacks in the Gulf of Oman last week that Washington and Riyadh have blamed on Iran are being

by Alex Longley and Sheela Tobben (Bloomberg) –Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export

By Ghaida Ghantous and Rania El Gamal DUBAI, June 14 (Reuters) – The United States and its allies may need to to start escorting commercial vessels to

By Sal R. Mercogliano – The June 13, 2019 attacks on MV Front Altair and MV Kokuka Courageous, following the assault on four tankers at the anchorage of

By Junko Fujita TOKYO, June 14 (Reuters) – Two “flying objects” damaged a Japanese tanker owned by Kokuka Sangyo Co in an attack on Thursday

The U.S. Central Command released video Friday which it says proves that Iran was behind two tanker attacks in the Gulf of Oman on Thursday.  CENTCOM also

Now I’m not sure what this guy’s business was for being there, but to quote the great 1994 class Dumb and Dumber, “talk about being in the

By Liam Denning (Bloomberg Opinion) –News of more mysterious tanker attacks, this time in the Gulf of Oman, had their predictable effect on (otherwise