News

A 9,000 TEU containership suffered a major fire in its cargo area while berthed the port of Hamburg on Thursday. The Hamburg Water Police reports that the 300

By Ying Fu (Bloomberg View) — As the leaders of China and the U.S. meet in Hangzhou ahead of this weekend’s Group of 20 summit, many would like to

By Joyce Lee and Hyunjoo Jin SEOUL, Sept 1 (Reuters) – Hanjin Shipping Co Ltd vessels have been seized at Chinese ports in the wake of the South Korean

International classification society ABS says it has classed the world’s largest ethane/ethylene capable liquefied gas carrier Navigator Aurora. The ship has

By Gavin van Marle, (The Loadstar) – The largest bankruptcy ever to take place in container shipping now appears inevitable after the board of Hanjin

(Bloomberg) Workers at a Coca-Cola factory in southern France opened a shipment of orange juice but found a huge shipment of cocaine instead. The

Offshore oil and gas operators have shut-in approximately 19.52 of of the current oil production in the Gulf of Mexico as Tropical Storm Hermine makes its way

By Andy Mukherjee and David Fickling (Bloomberg Gadfly) — Depending on whom you ask, South Korea’s largest container-shipping company filing for

The platform supply vessel UP Safira suffered a fire Tuesday in Macaé, Brazil. The vessel is currently on a 4-year charter contract with Petrobras, which

By Joyce Lee and Se Young Lee SEOUL, Aug 31 (Reuters) – South Korea’s Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing

By Dmitry Zhdannikov (Reuters) Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the

by Polly Toynbee (TheGuardian) M/V Malaviya Twenty has been moored in Great Yarmouth docks since December. To look at, it’s no rustbucket, kept in good shape

Check out this video showing the moment a Carnival cruise ship destroyed a small marina in Italy with its propeller wash as the ship was leaving port. The

The controversial marine conservation group Sea Shepherd will once again be sending vessels down to the South Ocean later this year despite an agreement to

Future plans for the offshore oil rig Transocean Winner which ran aground on Scotland’s Isle of Lewis earlier this month are still uncertain as the rig

Shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the LNG-ready product tanker Constitution this past Saturday in San Diego. The

By Kyunghee Park and Christian Wienberg (Bloomberg) — Hanjin Shipping Co. is hardly a bellwether in the world of container movers. As lenders halt all

By Sohee Kim and Kyunghee Park (Bloomberg) — Creditors of Hanjin Shipping Co. won’t extend support for South Korea’s biggest container shipping line

By Liam Denning (Bloomberg Gadfly) — Big Oil just doesn’t seem to be as enamored with the ‘big’ thing as it once was. Another major

Offshore oil and gas operators in the Gulf of Mexico have started evacuating platforms and rigs in the path of a Tropical Depression 9, the Bureau of Safety