News

By Chen Aizhu and Florence Tan SINGAPORE, April 30 (Reuters) – Some 20 million barrels of Iranian oil sitting on China’s shores in the

By Serene Cheong and Alfred Cang (Bloomberg) — The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that

By Valerie Volcovici and Nichola Groom April 29 (Reuters) – The U.S. Interior Department is still processing permit applications for companies to conduct

Authorities in the UK are launching a pilot project to test the use of drones to assist in search and rescue operations. The year-long trial is set to launch

By Justin Fox (Bloomberg Opinion) — The Missouri River used to be out of control. “It cuts corners, runs around at nights, fills itself with snags and

A.P. Moller – Maersk announced Monday that it has started offering digital Ocean Customs Clearance to its customers, becoming the first carrier in the

By Jennifer A. Dlouhy (Bloomberg) — From easing regulations on coal mining to opening more federal land to oil drillers, President Donald Trump has kept

By Anna Shiryaevskaya, Vanessa Dezem and Mathew Carr (Bloomberg) — Britain’s appetite for natural gas usually declines in the summer, but this season

By Michael Carr – Before you enter a channel, a harbor, a port, or any confined or restricted space you must have an exit plan. How do I get

By Shawn Donnan (Bloomberg) — One big headline from Friday’s initial report on first-quarter U.S. gross domestic product is the boost growth received

Danish ship designer Knud E. Hansen has signed a contract with Nanjing Jinling Shipyard in China to develop the basic design for three large roll-on/roll-off

By Julian Lee (Bloomberg) — Russia’s giant Soviet-era oil pipeline is a vital piece of Europe’s energy infrastructure, carrying crude to

By Mike Wackett (The Loadstar) – Japanese merged carrier Ocean Network Express (ONE) recorded a net loss of $586m in its first year of operation,

The number of total losses among vessels over 500GT hit at a 20-year low in 2018 despite growth in the global fleet, according to the International Union of

By Carolyn Cohn and Jonathan Saul LONDON, April 26 (Reuters) – Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing

Despite no reported losses in 2018, cargo liquefaction continues to pose a major threat to bulk carriers and their crews, according to bulk shipping

By Valerie Volcovici WASHINGTON, April 25 (Reuters) – The Trump administration’s plans to expand offshore drilling are on hold after a March court

Maersk Supply Service announced Thursday it has been awarded a major FPSO mooring project for a U.S. oil major in the Gulf of Guinea. nder the contract, Maersk

EU NAVFOR Somalia Operation Atalanta has apprehended five suspected Somali pirates following incident that transpired over the course of several days.

By Neil Jerome Morales and Karen Lema MANILA, April 25 (Reuters) – All offers from potential buyers of a strategically located but debt-laden Philippine