News

By Charlie Goetsch – A United States court has awarded over $1 Million in damages to former Horizon Lines master John Loftus.

By Sheela Tobben (Bloomberg) — A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in

The U.S. Customs and Border Protection is beefing up its enforcement of the Jones Act with the creation of a special division strictly to handle Jones Act

A federal grand jury in Charleston, South Carolina has returned an indictment charging Aegean Shipping Management S.A. and Aegeansun Gamma Inc. with

Rolls-Royce has signed a contract worth about $33 million with Norwegian shipbuilder Kleven to design and equip two new polar cruise ships. The contract

By David Fickling (Bloomberg Gadfly) — Think China’s plans to build railways across central Asia will be a boon for global trade? Consider this:

By Naureen S. Malik (Bloomberg) — The first cargo of liquefied natural gas set to pass through the newly expanded Panama Canal locks will be American.

HOUSTON, July 18 (Reuters) – British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday,

By Jonathan Saul LONDON, July 18 (Reuters) – The cost of shipping oil through the Black Sea and Mediterranean fell on Monday after a failed coup in

A video showing an “upgraded” room on board a Holland America cruise ship has racked up nearly 2 million views since it was uploaded Sunday. The

Oslo-listed Stolt-Nielsen Limited (Oslo Børs: SNI) announced Monday an agreement to acquire the chemical tanker operations of Jo Tankers for approximately

By Alister Doyle OSLO, July 18 (Reuters) – A boom in shipping is aggravating air pollution in China and other nations in East Asia, causing thousands of

By Elco van Groningen (Bloomberg) — SBM Offshore NV, a Dutch oil-services provider, rose the most in nine months in Amsterdam trading after reaching a

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said South Korean prosecutors indicted a former chief financial officer

By Sabrina Valle (Bloomberg) — If there’s one industry where all of Brazil’s political and economic upheavals come together, it’s shipbuilding. A

By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a

COPENHAGEN, July 18 (Reuters) – A record number of around 150 container vessels are expected to be scrapped in 2016 but it will not be enough for an

By Wael Mahdi (Bloomberg) — A venture between Arab Petroleum Investment Corp., known as Apicorp, and National Shipping Co. of Saudi Arabia will create

by Noah Feldman (Bloomberg) An international court rules that China broke the law by building islands in the South China Sea. China doesn’t

by Michael Schuman (Bloomberg) Globalization—that irresistible force that is inevitably, inexorably fueled by large ships—looks to be in retreat.