News

MOSCOW, Aug 1 (Reuters) – Russia is in talks with Asian investors on the privatisation of state shipping company Sovcomflot, the RIA news agency cited

Dave Nickerson, President of Power Barge Corporation (PBC) announces the American Bureau of Shipping (ABS) Approval In Principle from ABS New Orleans for a new

PANAMA CITY, July 31 (Reuters) – The head of the Panama Canal Authority said on Monday a Miami-based arbitration board rejected a demand by Spanish-led

TORONTO, July 31 (Reuters) – North American conservationists are scrambling to find out why North Atlantic right whales are dying in unprecedented

BRASILIA, July 31 (Reuters) – The cost of shipping goods between Brazil and Chile is expected to fall by about 5 percent with the 2020 expiry of a pact

New Orleans-based oil services company Tidewater Inc. emerged from Chapter 11 bankruptcy on Monday after completing a financial restructuring that eliminated

The UK Marine Accident Investigation Branch (MAIB) has published its Annual Report detailing the Branch’s activities during 2016, revealing a slight

By Jasmine Ng (Bloomberg) — It’s the end of an era for Noble Group Ltd. Some three decades after its founding, and from a perch among the

TOKYO, July 31 (Reuters) – Japan’s big three shippers on Monday reported profits for the first quarter, bouncing back from losses a year earlier

LONDON, July 31 (Reuters) – The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year after a review, the London-run

By Conor Molumby (Bloomberg) — All hail fuel oil, historically the cheapest, dirtiest and least-loved thing to come out of refineries. Thank crude output

A dive support vessel with 23 crew was forced to issue a mayday call on Monday after a fire broke out in the vicinity of the vessel’s engine room

SEOUL, July 30 (Reuters) – South Korea’s Hyundai Heavy Industries Co has won a contract worth up to $600 million from Vitol, the world’s

PARIS, July 30 (Reuters) – France will offer to expand shipbuilding cooperation with Italy into naval vessels, Finance Minister Bruno Le Maire said,

BEIRUT, July 29 (Reuters) – The Iranian Revolutionary Guards said on Saturday that U.S. Navy ships came close to their vessels in the Gulf and shot

By Sudarshan Varadhan NEW DELHI, July 30 (Reuters) – India’s navy seized a ship carrying about 1,500 kg of heroin worth 35 billion rupees ($545

By Steve Gorman LOS ANGELES, July 28 (Reuters) – Dockworkers at 29 ports in California, Oregon and Washington are expected to ratify a three-year

By Anshuman Daga and Henning Gloystein SINGAPORE, July 27 (Reuters) – Noble Group is slimming down drastically to its core Asian coal-trading business,

The European Commission has agreed to the adoption of a proposal by its maritime social partners to improve the working conditions of seafarers on board of

Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has announced that it will introduce a new direct U.S. flag service between Honolulu and the