News

DUBAI, Jan 17 (Reuters) – National Shipping Company of Saudi Arabia (Bahri) reported a huge jump in fourth-quarter net profit on Sunday, citing a rise in

Royal IHC has launched the 550-ton top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel, Netherlands. This is the

Seadrill Ltd. has emerged as the client who agreed to postpone delivery of two ultra-deepwater drillships under construction at the South

The Port of Rotterdam saw record growth in cargo volume in 2015. Goods throughput in Rotterdam increased by a total of 4.9% to 466.4 million tonnes in 2015,

By Mari Saito SAN FRANCISCO, Jan 14 (Reuters) – Amazon.com Inc’s China arm has registered as an ocean freight forwarder, according to the U.S.

By Anna Shiryaevskaya (Bloomberg) — Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia,

TOTE Maritime Puerto Rico has successfully loaded LNG bunkers on the world’s first LNG-powered containership MV Isla Bella in Jacksonville. The

By Henning Gloystein SINGAPORE, Jan 15 (Reuters) – With Iran ready to resume business as usual with the world under a historic nuclear deal, Tehran will

Jan 15 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, touched a record low

BRUSSELS, Jan 15 (Reuters) – The European Commission said on Friday it had opened an in-depth investigation into alleged state aid to two container

By Tony Capaccio (Bloomberg) — The U.S. Navy is spending millions of dollars to repair new high-speed transport ships built by Austal Ltd. because their

By Caroline Stauffer and Reese Ewing SAO PAULO, Jan 14 (Reuters) – Up to a dozen containers carrying chemicals caught fire at a terminal at

A third towboat has allided with the Vicksburg Railroad Bridge in as many days as floodwaters continue to impact shipping on the Mississippi

Five remaining crew members have been removed from the Australian bulk carrier MV Portland in south-eastern Australia in what maritime unions are describing as

Subtropical storm Alex has strengthened into a hurricane, becoming the first January hurricane to form in the Atlantic since 1938, the U.S. National Hurricane

Christine Buurma and Harry R. Weber (Bloomberg) — Cheniere Energy Inc. said its first cargo of liquefied natural gas from its new Louisiana export

By Jonathan Saul and Jacob Gronholt-Pedersen LONDON/SINGAPORE, Jan 15 (Reuters) – China’s growing military presence in the South China Sea has

SINGAPORE, Jan 14 (Reuters) – The container turnover at the port of Singapore fell for the first time since 2009 to a four-year low in 2015, largely led

A new deepwater construction vessel formerly owned by Sea Trucks Group has been arrested in Singapore over a dispute with a local shipyard. The vessel arrested

By Andrea Shalal WASHINGTON, Jan 13 (Reuters) – The U.S. Coast Guard on Wednesday released a proposed acquisition timeline and requirements for two new