News

By Mike Wackett, (The Loadstar) – Maersk Line remained in the red in the third quarter, today reporting a net loss of $116m on the back of a 16%

The Panama Canal Authority has launched a new program that incentivizes its customers to use more energy efficient ships when using the waterway. The

At least 17 people have died and many more are still missing 24 hours after a series of explosions ripped through a beached oil tanker at a shipbreaking yard

By Chris Bryant (Bloomberg Gadfly) — It’s hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S’s

By Chris Blake and Shamim Adam (Bloomberg) — Malaysia said it will buy at least four Littoral Mission Ships from China as Prime Minister Najib Razak

By Gul Yusufzai QUETTA, Pakistan, Nov 2 (Reuters) – Pakistani firefighters were battling on Wednesday to douse a fire still raging more than a day after

By Jacob Gronholt-Pedersen COPENHAGEN, Nov 2 (Reuters) – A.P. Moller-Maersk , the world’s biggest shipping firm, said the container business on

Editor’s Note: A.P. Møller – Mærsk A/S published its Interim Report for Q3 2016 on Wednesday, 2 November 2016, reporting that its third

The world’s first LNG-powered icebreaker entered service Tuesday commencing a contract with the Finnish Transport

British Columbia’s Heiltsuk Nation says it is hopeful that it can begin working with the Canadian government on responding to the oil spill from the

The UK’s Automated Ships Ltd and Norway’s Kongsberg Maritime have teamed up to build what they claim will be the world’s first unmanned

The Port of Oakland has reported huge declines in diesel emissions from both ships and trucks as part of a long-term plan to enhance air quality for

The U.S. Navy’s newest littoral combat ship USS Montgomery has had its hull cracked for a second time after hitting a lock wall during a transit of the

By Christian Wienberg and Nicholas Brautlecht (Bloomberg) — A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers like

By Syed Raza Hassan ISLAMABAD, Nov 1 (Reuters) – At least 12 Pakistani workers were killed and more than 50 injured on Tuesday after a huge blast ripped

By Tim Kelly TOKYO, Oct 31 (Reuters) – Japan’s top three shippers said they will integrate their container shipping operations to create the

By Jonathan N. Crawford (Bloomberg) — A U.S. agency is looking into the impact that a failed rocket launch at billionaire Elon Musk’s SpaceX site in

By Libby George LONDON, Oct 31 (Reuters) – Global oil storage company VTTI launched a new terminal in Croatia on Monday to target oil product demand in

The International Chamber of Shipping (ICS) has applauded the agreement, last Friday, by the IMO Marine Environment Protection Committee (MEPC) to develop a

(BIMCO) – Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the dry