News

By Grant Smith (Bloomberg) — Global benchmark Brent crude jumped above $65 a barrel for the first time in 2 1/2 years after one of the most important

Update: Captain’s Decisions, Shipping Company’s Poor Safety Oversight Determined as Probable Cause of EL FARO Sinking By Ian Simpson WASHINGTON,

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is preparing to unveil as soon as this week an expansive offshore oil plan that would open

Interview by Paul González-Morgan (Gibraltar Shipping) – Javier Lancha is Managing Director at APM Terminals Callao (Peru) since December 2016.

The U.S. Navy’s guided-missile destroyer USS Fitzgerald (DDG 62) departed its anchorage in Yokosuka Harbor, Japan over the weekend for its voyage back to

South Korean shipbuilder Samsung Heavy Industries has appointed a new chief executive officer after the resignation of the former CEO after forecasting another

Another worker has died in an accident at the Hutchison terminal in Jakarta, marking the fourth fatality in just the past 15 months at the terminal, the

Two Finnish pilot boat operators have died after the boat they were on capsized and sank in the Gulf of Finland on Friday. The accident occurred at

CMA CGM has completed its acquisition of Mercosul Line, one of the leading carriers in Brazil’s domestic container shipping market. CMA CGM on Monday

By Dhwani Pandya and Anirban Nag (Bloomberg) — The world’s largest container shipping line says international freight rates are reversing after

By Salma El Wardany (Bloomberg) — Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil

By Julian Lee (Bloomberg Gadfly) — When Saudi Arabia’s oil minister attended Friday’s grand opening of a giant liquefied natural gas plant in

LILLE, France, Dec 10 (Reuters) – A P&O ferry with more than 300 people on board which had run aground in Calais harbour in northern France has been

Update: The Coast Guard suspended their search for two people whose vessel sank in the Mississippi River near Memphis, Tennessee, Saturday. Coast Guard

By Sheela Tobben (Bloomberg) — A 1,000-foot ship will likely pull up to a buoy floating in the Gulf of Mexico next year, hook up its hoses and usher

The grounded fishing vessel Pacific Paradise was finally removed from the reef off Kaimana Beach near Honolulu’s famous Waikiki on Thursday. Response

PANAMA CITY, Dec 7 (Reuters) – Panama and China will begin negotiations in June 2018 to sign a free-trade deal, the two countries’ trade ministers

The European Union Naval Force (EU NAVFOR) on Friday marked the ninth anniversary of its Operation Atalanta, the successful counter-piracy operation that has

By Elena Mazneva (Bloomberg) — As Russia’s President Vladimir Putin oversees the official start of a $27 billion liquefied natural gas plant in the

The U.S. National Transportation Safety Board is scheduled to meet next week to determine the probable cause of the October 1, 2015, sinking of the