News

By Gavin van Marle (The Loadstar) The US Federal Maritime Commission (FMC) yesterday approved THE Alliance’s plan for a $50m contingency fund in case one of

By Naureen S. Malik (Bloomberg) — Two weeks after Hurricane Harvey flooded the U.S. Gulf Coast, brought shipping to a halt and knocked out power to

By Jonathan Saul LONDON, Sept 15 (Reuters) – Hong Kong’s port expects a slight rise in container shipping volumes this year despite continuing

PARIS, Sept 15 (Reuters) – CMA CGM, the world’s third-largest container shipping firm, said it expected operating profits to improve further in the

Jacksonville-based Crowley Maritime Corporation says it has dispatched 18 company-owned or operated Jones Act tankers to discharge gasoline and diesel fuel

By Alexander Whiteman (The Loadstar) – In response to the growing threat of cybercrime to the shipping sector, the UK government has launched a new code

The Australian Maritime Safety Authority (AMSA) has banned the Panama-flagged bulk carrier DL Carnation from entering Australian ports for one year after the

By Eric Lee and J. Michael Cavanaugh (Holland & Knight) – Acting Secretary of Homeland Security Elaine Duke has issued an extension of

By Chris Hughes (Bloomberg Gadfly) — Founder John Fredriksen has had to watch the value of Seadrill Ltd fall from more than $20 billion to barely $100

DUBAI, Sept 14 (Reuters) – Yemen’s Houthi leader Abdel-Malek al-Houthi said on Thursday his group could target Saudi oil tankers should Saudi

By Kylie MacLellan SOUTHAMPTON, England, Sept 14 (Reuters) – At Southampton docks, a top British port for trade with countries outside the EU, the

Elon Musk could be the only person in the world who could create a video like this and actually be cool about it, but I guess this is just

By The Editors (Bloomberg View) — Another big hurricane, another temporary waiver of the Jones Act — the 1920 law mandating that goods and

Shares of Pacific Drilling have been suspended from trading on the New York Stock Exchange due to the ultra-deepwater drilling company’s failure to

The Department of Homeland Security’s Acting Secretary, Elaine Duke, has extended the limited Jones Act waiver for tankers that it had issued last week

By Mike Wackett (The Loadstar) – With the first anniversary of the Hanjin Shipping bankruptcy just passed, there are growing fears that ocean carriers

Greek authorities are working to cleanup a large oil spill that has impacted the shoreline of a Greek island near Piraeus this after a tanker sank in area

Dutch shipping company Vroon has announced that E.ON AG has contracted its newbuild VOS Stone for logistics support and offshore accommodation at the Arkona

By Steven Church, Mikael Holter, Angelina Rascouet and Luca Casiraghi (Bloomberg) — Seadrill Ltd., the offshore driller controlled by

By James Stavridis (Bloomberg View) — North Korean leader Kim Jong Un is fixated on obtaining a serious nuclear arsenal, and continues to thumb