News

An interesting New York Times video on the story of Malcolm McLean, the former truck driver who invented the shipping container

WASHINGTON, Dec 8 (Reuters) – U.S. President-elect Donald Trump will nominate Oklahoma Attorney General Scott Pruitt, a critic of federal environmental

By Lincoln Feast and Greg Torode SYDNEY/HONG KONG, Dec 8 (Reuters) – Vietnam has begun dredging work on a disputed reef in the South China Sea, satellite

By Firat Kayakiran and Brian Wingfield (Bloomberg) — Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become

The Royal Navy’s former aircraft carrier HMS Illustrious left Portsmouth for the last time on Thursday following a career spanning 32 years and more than

By Mikael Holter (Bloomberg) — Norway has this year politely declined invitations from OPEC to join talks on curbing oil production. Its strategy is now

The 6000 kW ASD tug Ocean Taiga was delivered October 28, 2016 to the Ocean Group Inc. of Quebec City, Canada. The icebreaking escort tug joins her sister

By Alex Lennane in Dubai (The Loadstar) – The next big losers in the shipping industry crisis are likely to be ports and terminals, leading to a decline

Hapag-Lloyd on Wednesday held a naming ceremony for the Valparaíso Express, the first of five new 10,500 TEU class post-panamax containerships to enter

Dec 7 (Reuters) – U.S cruise operators Royal Caribbean Cruises Ltd and Norwegian Cruise Line Holdings Ltd said on Wednesday they had got approval from

By Jonathan Saul LONDON, Dec 7 (Reuters) – The worst is over for the dry bulk shipping sector, after years when too many ships chased too little cargo,

A little more than a year after salvors from Titan and Svitzer joined forces, the combined company Ardent says it has completely the salvage industries’

By Dana Feldman and Hugh Gentry LOS ANGELES/HONOLULU, Dec 7 (Reuters) – It has been 75 years, but U.S. Navy veteran James Leavelle can still recall

Update: Kito de Pavant, the 55 years old French skipper of Bastide-Otio, who suffered damage to his keel while solo racing in the remote South Indian

By Mike Wackett  (The Loadstar) – Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even

Houston-headquartered offshore drilling contractor Atwood Oceanics announced Tuesday it has reached an agreement with South Korean shipbuilder Daewoo

After a successful approval process and survey, international classification society DNV GL and the Norwegian Maritime Directorate have issued the first polar

(Drewry) – The cost of operating cargo ships has fallen for two successive years but is forecast to rise in 2017 and beyond, according to the latest Ship

A salvage operation is underway to retrieve an abandoned bulk carrier from the Atlantic Ocean off the coast of South Africa following a fire in its engine room

The International Chamber of Shipping (ICS) has welcomed the extension of the counter-piracy naval operation EUNAVFOR Operation Atalanta through 2018, calling