News

Recent rain has helped the Panama Canal Authority lift draft restrictions for vessels after months of drought threatened to pose a long-term challenge for

By Timothy Mclaughlin and Antoni Slodkowski YANGON, June 10 (Reuters) – Myanmar’s new government has been grappling with its first economic

A 230-foot long replica of Noah’s Ark collided with a Norwegian Coast Guard vessel as it arrived in Oslo, Norway on Friday, causing damage to both

The new world’s largest lock was opened for business at the Port of Antwerp on Friday with the push of a button by King of Belgium. The new Kieldrecht

French shipping group CMA CGM has upped its stake in Singapore-listed rival NOL to 78% after NOL’s majority shareholder unloaded its shares as

By Jonathan Saul ATHENS, June 10 (Reuters) – Hong Kong’s crucial shipping trade is hoping China’s overseas infrastructure plan and closer

MOSCOW, June 10 (Reuters) – The Russian Foreign ministry said Moscow would respond to a U.S. naval ship’s entry into the Black Sea with unspecified

By Dan Murtaugh and James Paton (Bloomberg) — It’s longer than three soccer fields, heavier than two aircraft carriers and powerful enough to chill gas

A post-panamax bulk carrier became the first ship to pass through the Panama Canal’s new locks on Thursday, kicking off a series of trial runs ahead

By Gavin van Marle (The Loadstar) Maersk Line has responded to criticism from an environmental group accusing it of using flags of convenience to bypass EC

A Panamanian-flagged tanker averted potential disaster overnight after the vessel developed a crack in its hull in the Arabian Gulf off India. The Indian

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards, battered by the deepest industry slump in at least two decades, are getting a

A pilot’s inability to respond appropriately to hydrodynamic forces and a lack of communication was found to be the probable cause between a bulk carrier

By Rakteem Katakey (Bloomberg) — Seadrill Ltd., the offshore driller seeking to cut its debt load, agreed to swap bonds for equity in the second such

By Michael McDonald and Naureen S. Malik (Bloomberg) — Panama said it expects 20 million tons of liquefied natural gas to pass through its canal annually

PARIS, June 9 (Reuters) – A second ship equipped with specialist search devices will join the hunt for the “black box” flight recorders and

By Jeb Blount SAO JOAO DA BARRA, Brazil, June 8 (Reuters) – The launch this week of Prumo Logistica’s $3.7 billion Port of Açu, the largest in

The Port of Long Beach has welcomed into service the first of two new state-of-the-art fireboats that will the port help become more ‘big ship’

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards plan to raise a combined 8.41 trillion won ($7.3 billion) selling assets as part of

By Bloomberg News (Bloomberg) — China is speeding up efforts to design and build a manned deep-sea platform to help it hunt for minerals in the South