News

Murmansk Shipping Company (MSCO) has signed a major contract to transport coal produced in the Russian Arctic to Europe via the Northern Sea Route. The

An aging cement carrier ran aground on a breakwater on the west coast of Iceland over the weekend. Reports say the 1976-built Fjordvik was inbound to the Port

What is Blockchain?  What are Blockchain Bunkers?  Why Blockchain Bunkers? All good questions around the astonishing new technology transforming how

German shipping company MST Mineralien Schiffahrt (MST) will pay a $3.2 million fine after pleading guilty to obstructing justice and falsifying oil record

By Humeyra Pamuk and Jane Chung WASHINGTON/SEOUL, Nov 5 (Reuters) – The United States snapped sanctions back in place on Monday to choke off Iran’s

By Ellen R. Wald (Bloomberg Opinion) — New U.S. sanctions on Iran’s oil industry, set to begin on Sunday, were supposed to exert maximum pressure on

By Arshad Mohammed, Lesley Wroughton and Patricia Zengerle WASHINGTON, Nov 2 (Reuters) – The United States said on Friday it will temporarily allow eight

U.S. Maritime Administrator Mark Buzby announced Friday that Jack Buono will serve as the new superintendent for the U.S. Merchant Marine Academy. Buono will

By Jenny Leonard, Saleha Mohsin and Jennifer Jacobs (Bloomberg) — President Donald Trump wants to reach an agreement on trade with Chinese President Xi

By Ahmad Ghaddar and Julia Payne LONDON, Nov 2 (Reuters) – The world’s biggest oil traders are gearing up to cash in on big disruptions that

Chinese oil giant Sinopec announced on October 18 at a fuel conference in Zoushan, China that it would produce IMO 2020 compliant low sulfur bunker fuels

U.S. officials are investigating an explosion inside an export-bound shipping container at a Port of Los Angeles container terminal on Tuesday evening. The

Expedition cruise operator Hurtigruten has signed a memorandum of understanding with its Norwegian shipyard Kleven Verft for the construction of a third hybrid

BEIJING, Nov 1 (Reuters) – A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data

A large gantry crane at South Africa’s Port Elizabeth collapsed in heap of metal during strong winds Tuesday morning. South Africa’s Transnet

EDINBURGH, Nov 1 (Reuters) – British engineering and defence firm Babcock International said on Thursday it was closing its Appledore shipyard in Devon,

LONDON, Nov 1 (Reuters) – Gaslog, a liquefied natural gas (LNG) carrier, said on Thursday it was considering extra dividends or a share buyback after

SINGAPORE, Nov 1 (Reuters) – Malaysia’s state energy firm Petronas said on Thursday it has supplied its first liquefied natural gas (LNG) cargo to

The Panama Canal has set a new annual record for the total amount of tonnage that passed through the waterway over the course a fiscal year, recording a total

The LNG-fueled Aframax tanker Lomonosov Prospect has successfully completed its first commercial voyage along the Northern Sea Route (NSR) to deliver a cargo