News

The Australian icebreaker Aurora Australis has been refloated near Antarctica’s Mawson research station after grounding earlier this week during a

The Sues Canal Authority has confirmed that a capesize bulk carrier has run aground and remains stuck in the Suez Canal, according to shipping agency GAC. The

A tank at an industrial waste management plant exploded at the port of Antwerp in northern Belgium on Friday, with authorities telling nearby residents to shut

By Jonathan Burgos and Eduard Gismatullin (Bloomberg) — Singapore Exchange Ltd. said it’s seeking to buy Baltic Exchange Ltd., the 272-year-old

MEXICO CITY, Feb 26 (Reuters) – Contract awards for Mexico’s first-ever deep water oil auction covering ten potentially lucrative blocks will take

Feb 26 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, rose further on

By Jonathan Stempel Feb 25 (Reuters) – Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently

A dramatic scene off the coast of Long Island, New York Thursday morning as a Coast Guard boat capsized during a rescue of mariners from a grounded fishing

By Jonathan Saul and Nina Chestney LONDON, Feb 25 (Reuters) – The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the

Offshore vessel owner Bourbon Offshore has confirmed the abduction of two of its crew members from their vessel off Nigeria. The company says its

By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will

By Nicholas Brautlecht (Bloomberg) — Private equity is turning its back on shipping after a glut of funding over the last five years contributed to

Australia’s most powerful icebreaker Aurora Australis remains aground in Antarctica near Mawson station after the ship broke free from its

By Naureen S. Malik (Bloomberg) — It’s official. The natural gas flowing out of America’s shale formations is now available to the world. The

A new twist this week over who lit the fires that killed 159 people aboard the car and passenger ferry Scandinavia Star in 1990, with a former investigator

By Naureen S. Malik  (Bloomberg) – At least 163 tankers. That’s how many cargoes of natural gas it’d take to wipe out the ever-expanding glut of

The U.S. Navy’s San Diego-based littoral combat ship USS Milwaukee (LCS 5) arrived at the BAE shipyard in Mayport, Florida earlier this week to complete

By Jonathan Saul LONDON, Feb 24 (Reuters) – Saint Petersburg’s new deepwater port aims to become Russia’s major hub for cargo and container

The offshore wind turbine installation vessel Brave Tern conducts a “full-height jacket test” at the port of Rotterdam. During the test the jack-up

By Mikael Holter (Bloomberg) — When the price of a 10-pound (4.5-kilogram) Atlantic salmon jumped above the cost of a barrel of crude last month, nobody