News

By Ira Breskin – Veteran investment banker Brian Friedman, president, Jefferies Financial Group, recently explained the simple rules executives of

By Guy Faulconbridge LONDON, July 11 (Reuters) – Britain does not intend to escort every British-flagged merchant vessel through the Strait of Hormuz, a

Update: The NWS National Hurricane Center says Tropical Storm Barry has now formed over the U.S. Gulf of Mexico, becoming the second named storm of the 2019

By William Schomberg LONDON, July 11 (Reuters) – Three Iranian vessels tried to block a British-owned tanker passing through the Strait of Hormuz,

The world’s largest and strongest crane vessel is getting ready to depart Indonesia on its maiden voyage to following the completion of construction in

Apparently this took place in Honolulu, Hawaii on June 30, 2019. “A charter boat on their return from a sunset cruise ran into huge waves. He was coming

By Phil Stewart WASHINGTON, July 9 (Reuters) – The United States hopes to enlist allies over the next two weeks or so in a military coalition to

By Henry Meyer and Stepan Kravchenko (Bloomberg) –The 14 sailors who died during a fire last week on a nuclear-powered Russian military submarine

July 10 (Reuters) – A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it

By Brian K. Sullivan and Mike Jeffers (Bloomberg) –A potential cyclone could become Hurricane Barry before slamming into Louisiana by Saturday, putting

A hair-raising video from over the weekend shows the Costa Deliziosa cruise ship nearly crash* during a storm in Venice’s Grand Canal on Sunday. As you

By Brian K. Sullivan (Bloomberg) –A tropical storm may loom in the Gulf of Mexico late Wednesday or early on July 11 as a low pressure system moves off

Resolve Marine Group has signed a Memorandum of Understanding with U.K.-based “walk-to-work” specialist Bibby Mariner Services to jointly develop

LONDON, July 8 (Reuters) – Tests have shown a supertanker seized in Gibraltar last week was fully loaded with crude oil, the government of the British

U.S. Customs and Border Protection has seized the MSC Gayane following last month’s record seizure of 20 tons of cocaine hidden in containers on board the

By Kelly Gilblom and Serene Cheong (Bloomberg) –An oil tanker run by BP Plc is being kept inside the Persian Gulf in fear it could be seized by Iran

July 9 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest in 11 months on Tuesday, driven by higher rates for larger

(Bloomberg) — As the U.S. looks to enforce sanctions aimed at halting trade with states such as Iran and Venezuela, there’s increased scrutiny on the

By CW4 Michael Carr – Tropical Storm, and potentially Hurricane Barry was heading directly for us. Though still a thousand miles away, which might seem

By Jonathan Saul, Maiya Keidan and Tom Arnold LONDON, July 8 (Reuters) – Shipping companies, refineries, freight derivatives or diesel cracks?