News

The crew of a towboat was forced to abandon ship after their vessel caught on fire while pushing barges on the lower Mississippi River near Greenville,

ATHENS, Feb 21 (Reuters) – Cyprus said on Wednesday it would press ahead with oil and gas exploration, signalling resolve in a standoff with Turkey over

LONDON/MOSCOW, Feb 21 (Reuters) – Shipments of oil products from a Russian Black Sea port, hit by a managerial conflict, have “collapsed”,

The European Commission on Wednesday fined four shipping companies a total of 395 million euros for taking part in cartel relating to the transportation of new

U.S. authorities are investigating the disappearance of the chief mate of a bulk carrier who went missing while his ship was at anchor in Puget Sound near

By Christian Wienberg (Bloomberg) — The world’s largest container company will start looking for takeover targets outside the shipping industry as it

Russian state-owned shipping company SCF Group has signed time charter agreements with a unit of Royal Dutch Shell for the charter of two of the world’s

An intense low pressure system in the North Atlantic was producing significant wave heights of an incredible 19 meters (62 feet) on Tuesday, according to the

Finnish technology company Wärtsilä on Tuesday said it has reached an agreement with offshore drilling contractor Maersk Drilling create a long-term strategy

By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Prospects for the offshore oil drilling market are improving but profits for drillers are still under

By Isis Almeida (Bloomberg) — The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150 million to launch its own

By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Denmark’s A.P. Moller-Maersk plans to compete directly with package delivery companies UPS and

By Tiago Ramos Alfaro (Bloomberg) — The U.K. has sold Royal Navy flagship HMS Ocean to Brazil for about 84 million pounds ($117 million) as new aircraft

By Joachim Dagenborg OSLO, Feb 20 (Reuters) – Dry bulk shipper Golden Ocean proposed a bigger than expected dividend for the fourth quarter on the back

European shipowners have come out against Indonesia’s move to restrict the import and export of certain commodities to ships flying the Indonesian flag.

In March 2016, Taiwan was faced with a major environmental disaster after the containership TS Taipei ran aground and split in two near New Taipei City in the

Some quick thinking by the crew of a Philippine-flagged cargo ship helped fend off a pirate attack last Friday after they used boiling water as a weapon

SYDNEY, Feb 19 (Reuters) – Australia, the United States, India and Japan are talking about establishing a joint regional infrastructure scheme as an

A 3-day Australian cruise aboard a Carnival cruise ship turned into a trip from hell for some as an unruly group allegedly spent two days terrorizing other

A developing hurricane force storm low over the west-central North Atlantic continues to move eastward at 35 knots producing winds of 55-75 knots with