News

A Cambodian-flagged cargo has been found abandoned and listing at an anchorage near Istanbul, and officials are wondering what exactly happened to its crew.

The Maersk Triple-E containership Maersk Elba became the largest ship to call in Israel on Thursday after docking at Haifa Port’s Carmel Terminal. The

January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth. (BIMCO) –

By Firat Kayakiran, Rachel Graham and Laura Blewitt (Bloomberg) — America’s East Coast gasoline glut is back and it’s so big that tankers bound

By Enda Curran (Bloomberg) — If Donald Trump slapped China with punishing tariffs, the pain would also be felt by Japan, South Korea and Taiwan,

By Sam Whelan, Australia-based China Sea Rates has launched the world’s first plug-and-play, door-to-door ocean freight booking system for e-commerce

ADEN, Feb 2 (Reuters) – Warships shelled suspected al Qaeda strongholds in a mountainous region of southern Yemen on Thursday, government officials said.

SEOUL, Feb 2 (Reuters) – A South Korean court said on Thursday it decided to end Hanjin Shipping Co Ltd’s court receivership process and expects to

By Keith Wallis SINGAPORE, Feb 2 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current

President Trump’s Executive Order on immigration and travel to the United States has immediate implications for ships calling at U.S. ports, particularly

(Bloomberg) — Royal Dutch Shell Plc’s $3.8 billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the

HAMBURG, Feb 1 (Reuters) – Water levels on the Rhine and Danube in Germany were rising rapidly on Wednesday after recent rain and as warmer weather

LONDON, Feb 1 (Reuters) – A unit of Swiss shipping group MSC has bought a stake in U.S. ports operator Total Terminals International (TTI) from Hanjin,

A total of 862 ships were dismantled worldwide in 2016, the vast majority of which ended up in South Asia on the beaches of India, Pakistan, and Bangladesh,

By Gavin van Marle (The Loadstar) – At least 100 panamax-class containerships need to be scrapped if owners are to see charter rates return to break-even

PARIS, Feb 1 (Reuters) – Container shipping group CMA CGM has signed an agreement with Total under which the oil and gas major will supply lower emission

General Dynamics Bath Iron Works in Bath, Maine has laid the keel of the third and final ship in the U.S. Navy’s Zumwalt-class of high-tech and

In a 93 to 6 vote, the U.S. Senate on Tuesday confirmed Elaine Chao as head of the U.S. Department of Transportation in the Trump Administration. Hours later

By Gavin van Marle (The Loadstar) – As debt claims against bankrupt South Korean carrier Hanjin Shipping continue to mount in both the US and South

OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by