News

Rolls-Royce has unveiled a new luxury yacht concept design which the company says showcases the advantages of advanced ship intelligence solutions and hybrid

By Grant Smith (Bloomberg) — The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the

Tanker company Stena Bulk on Tuesday announced a major reorganization that will see the company split into three business areas focussing on crude and fuel,

(Bloomberg) — Just last month, off the coast of Somalia—where pirates occasionally hijack cargo ships —passengers on the fancy, all-inclusive

By Mike Wackett (The Loadstar) – Less than a week after Taiwanese container line Yang Ming reported its first net profit in 10 quarters, media today

By Gwladys Fouche OSLO, Nov 14 (Reuters) – Norway’s plan for Arctic oil exploration is unconstitutional because it violates the right to a

Severe weather in the South Pacific has caused the grounded Kea Trader to break in two over the weekend, further complicating an already difficult salvage

A former ship captain and a marine pilot have each been handed four-month suspended sentences in connection with the collision between the vehicle carrier City

The Port of Long Beach has commissioned into service the second of two new fireboats that now rank among some of the most powerful fireboats in the world.

With the cat now out of the bag on CMA CGM’s plan to use cleaner-burning liquefied natural gas to power its nine record-setting 22,000 “mega”

By Mike Wackett (The Loadstar) – Shipowners must take decisions on their fuel strategy in the light of new International Maritime Organization (IMO)

The United States Navy has conducted a rare three-carrier strike force exercise in the Western Pacific over the weekend – the first such meeting in more

By Anna Shiryaevskaya and Francois de Beaupuy (Bloomberg) — Total SA’s billion-dollar deal to buy liquefied natural gas assets from Engie SA

Note: This article was originally posted November 10, 2016.  On November 10, 1975 the Great Lakes bulk cargo vessel SS Edmund

Teekay’s first icebreaker LNG carrier, Eduard Toll, recently completed gas trials off the coast of South Korea. Construction of the Eduard Toll began in

By Sarah Marsh HAVANA, Nov 10 (Reuters) – Packed into a remote corner of a pavilion, just 13 U.S. companies took stands at Cuba’s sprawling trade

The MV Ever Smart arrived at the port of Los Angeles on Wednesday showing clear evidence of the dozens of containers which were lost from the vessel during

By Tim Kelly and Nobuhiro Kubo TOKYO, Nov 10 (Reuters) – Japan will build four coast guard radar stations on islands in the Sulu and Celebes Seas

By Mikael Holter (Bloomberg) — Northern Drilling Ltd., a company set up by billionaire John Fredriksen to buy offshore drilling rigs on the cheap, raised

By Adam Williams (Bloomberg) — As the price of oil rises, an international rush is on for Mexico’s untapped deep-water riches. The who’s who of the