News

Panama inaugurated the long-awaited Panama Canal expansion on Sunday with the ceremonial transit of the China Shipping Panama through the new neopanamax Agua

By Enrique Pretel and Elida Moreno PANAMA CITY, June 26 (Reuters) – Panama opened the long-delayed $5.4 billion expansion of its shipping canal amid

By Keith Wallis SINGAPORE, June 26 (Reuters) – Bigger ships could mean bigger paydays for commodity producers when the expanded Panama Canal opens this

It’s been nearly nine years and more than $5 billion in the making, but come hell or high water the Panama Canal Expansion is finally ready to open this

Tests of the Panama Canal’s new locks are continuing as worker’s prepare for the inauguration of the expansion project this Sunday.  On

Salvors of the wrecked MV Benita in Mahebourg, Mauritius have reported progress with the salvage and environmental protection operation after the ship ran

MAN Diesel & Turbo has announced that its largest and most powerful engine to date has entered into service aboard the new 19,437 TEU MSC Jade. The engine

The UK Chamber of Shipping is calling for “cool heads” after the UK voted 52% in favor of leaving the European Union, leading to the resignation

By Kanupriya Kapoor and Manuel Mogato JAKARTA/MANILA June 24 (Reuters) – Indonesia said on Friday a halt on coal shipments to the Philippines will remain

By David Lawder WASHINGTON, June 24 (Reuters) – Britain’s looming exit from the European Union is another huge setback for negotiations on a

  By Chris Bryant   (Bloomberg) — Investors are understandably excited about a change of the guard at AP Moeller-Maersk but much will

Norwegian shipbuilder Ulstein has delivered the first of two new offshore wind farm Service Operation Vessels to Bernhard Schulte Offshore. The vessel is

Update (5:00 p.m. EDT) – The U.S. Coast Guard has confirmed that a second body was recovered Thursday as crews continue to search off of Boca Grande

By Darrin Zamit Lupi ABOARD THE TOPAZ RESPONDER, June 23 (Reuters) – Ships manned by humanitarian organisations, the Italian navy and coast guard helped

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for

By Jacob Gronholt-Pedersen and Teis Jensen COPENHAGEN, June 23 (Reuters) – Danish shipping and oil group A. P. Moller-Maersk could split up into separate

By Mike Wackett (The Loadstar) – Ahead of the official opening of the $5.25bn expanded Panama Canal this Sunday, the insurance industry is preparing

Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200

One of the world’s largest salmon producers is looking to the offshore oil and gas industry for inspiration with the development of a semi-submersible

A Dutch foundation developing an advanced clean-up system to rid the world’s oceans of plastic has unveiled its first-ever prototype to be launched later