News

Finnish wind propulsion company Norsepower Oy has announced it has signed an agreement with Finnish shipping line Viking Line to install rotor sails onboard

New regulations on limiting sulphur and nitrogen oxides emissions and a burgeoning global infrastructure are adding to the growing momentum for the widespread

Towage company Svitzer has announced plans to more than double its fleet of Brazilian-flagged tugs in 2017, the company said Wednesday. The company also

By Mike Wackett (The Loadstar) – Port and terminal consolidation is the “only long-term answer” to mitigate the impact of fewer calls of ultra large

Carnival Corporation, the world’s largest cruise company, has signed a 12-year agreement with Finnish engine manufacturer Wärtsilä valued at nearly $1

By Anthony DiPaola and Julian Lee (Bloomberg) — Europe is poised to receive the most Iranian crude in about five years this month in a sign that the

By Marc Frank HAVANA, Jan 25 (Reuters) – A Cuban trade delegation arrived in the United States this week to visit four states and six ports, even as the

The crew of the U.S. Coast Guard Cutter Polar Star arrived at the National Science Foundation’s McMurdo Station Tuesday after cutting a resupply channel

By Mike Wackett (The Loadstar) – The Federal Maritime Commission (FMC) will allow a consortium of ro-ro shipping lines to jointly negotiate the

By Scott DiSavino Jan 24 (Reuters) – U.S. liquefied natural gas (LNG) exporters have shifted their focus to Southern Europe from Asia as cold weather and

Norwegian shipbuilding group Ulstein announced two unrelated ship orders on Monday, including a Letter of Intent signed for the world’s largest hybrid

Two crewman from the Greenlandic fishing trawler Polar Nanoq have been arrested in Iceland and are being held as suspects in the murder of 20-year-old

By David Wethe (Bloomberg) — The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together

By Alex Sazonov (Bloomberg) — Peering into the mid-morning darkness from his sixth-floor office on Russia’s Kola Bay, Vitaly Orlov strains to see

By Jennifer Jacobs, Jennifer A. Dlouhy and Meenal Vamburkar (Bloomberg) — President Donald Trump took steps to advance construction of the Keystone

The Securities and Exchange Commission has charged U.S.-based shipping conglomerate Overseas Shipholding Group and its former chief financial officer Myles

LONDON, Jan 23 (Reuters) – Japanese financial services firm Orix Corp said it was looking to buy more shipping loans in Europe after confirming on Monday

By David Brunnstrom and Matt Spetalnick WASHINGTON, Jan 23 (Reuters) – The new U.S. administration of President Donald Trump vowed on Monday that the

NOAA’s next-generation weather satellite has sent its first images of Earth, well, back to Earth. NOAA released the photos on Monday. The agency said the

By Mike Wackett (The Loadstar) – Yang Ming today sought to reassure customers and suppliers on its solvency as a global container carrier. The world’s