News

Somali authorities have detained an MSC containership alleging that the vessel dragged anchor and cut an undersea fibre optic cable supplying internet to much

By Mike Wackett (The Loadstar) – Maersk Line continues to struggle to regain its cargo volumes after the ransomware cyber attack two weeks ago. In its

Offshore service vessel giant Solstad Farstad has sold off its first vessel since its formation last month following the mega-merger of three leading OSV

Gibraltar Shipping is Gibraltar’s premier maritime portal, featuring key interviews, updates and news. This story is republished with permission. 

By Keith Wallis SINGAPORE, July 14 (Reuters) – Freight rates for very large crude carriers (VLCCs) are coming under pressure from a build up in ships

Oil has been spotted in the water surrounding the grounded bulk carrier Los Llanitos in Punta Graham, Mexico, the country’s environmental

By Timothy Gardner WASHINGTON, July 13 (Reuters) – Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska

The dismantling and recycling of the infamous Costa Concordia cruise liner has been completed in Italy, marking the official end to final phase of what is

FRANKFURT, July 13 (Reuters) – Logistics entrepreneur Klaus-Michael Kuehne has raised his shareholding in German container shipping line Hapag-Lloyd to

By Nina Chestney LONDON, July 13 (Reuters) – The United States is on track to have capacity to become the world’s second largest exporter of

ISTANBUL, July 13 (Reuters) – Turkey has sent two ships and a submarine to monitor a drilling vessel in the eastern Mediterranean Sea, the military said

COPENHAGEN, July 13 (Reuters) – Denmark’s state prosecutor charged the former manager of OW Bunker’s Singapore subsidiary with fraud on

By Serene Cheong (Bloomberg) — The biggest oil traders feeling the squeeze in a world awash with crude are seeking an edge by offering

By Mike Wackett (The Loadstar) – Unsecured creditors of bankrupt panamax containership owner Rickmers Maritime Trust (RMT) will each receive just

By Nina Chestney LONDON, July 12 (Reuters) – One of the biggest icebergs on record has broken away from Antarctica, scientists said on Wednesday,

By Bart H. Meijer AMSTERDAM, July 12 (Reuters) – The Dutch competition watchdog said on Wednesday it was investigating a possible illegal, price-fixing

A ship recycling facility in Izmir, Turkey has become the first yard in the country to receive a Statement of Compliance verifying that its shipbreaking

By Adam Williams and Angelina Rascouet (Bloomberg) — Mexico’s decision to allow private companies to explore for oil and gas started to pay off after

By Debjit Chakraborty and Serene Cheong (Bloomberg) — A type of U.S. crude pumped in the Gulf of Mexico is proving to be more attractive in the

New Report Recommends Construction of Four New Polar Icebreakers of the Same Design as the Lowest-Cost Strategy for Protecting U.S. Interests in Arctic and