News

By Alessandro Pasetti (TheLoadstar) This month, Singapore container shipping line Neptune Orient Lines finally agreed to be acquired by France’s CMA CGM in a

By Gavin van Marle (The Loadstar) — Cosco and China Shipping have released details of their forthcoming merger, which is likely to see the latter quit

With no explicit reference to shipping in the historic climate deal unanimously adopted by almost 200 nations in Paris this weekend, it is now up to the

The U.S. Navy’s newest littoral combat ship had to be towed into port last week after losing propulsion off the coast of Virginia.   A

General Dynamics NASSCO on Saturday launched the first ship in a series of ECO-Class tankers for the SEA-Vista fleet. The christening and launch ceremony took

By Bloomberg News (Bloomberg) — China’s biggest shipping reform failed to enthuse investors as two major companies lost more than $850 million in total

A fire broke out onboard a LPG tanker moored in the Houston Ship Channel near Galena Park on Monday morning. The Coast Guard says the fire was reported at

LONDON, Dec 14 (Reuters) – Commodities trading firm Trafigura expects tougher conditions in tanker markets next year as weaker world economy prospects

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc said it would cut about 2,800 jobs to meet a pledge of reducing operating costs by $3.5 billion

By Katya Golubkova MOSCOW, Dec 13 (Reuters) – Russia on Sunday warned Turkey to stop staging what it called provocations against its forces in or near

By Alister Doyle and Barbara Lewis PARIS, Dec 12 (Reuters) – The global climate summit in Paris forged a landmark agreement on Saturday, setting the

PARIS, Dec 12 (Reuters) – After four years of global negotiations, two weeks of intense talks and more than a few sleepless nights, climate officials

By Brian Wingfield and Billy House (Bloomberg) — Senate negotiators are nearing a deal to allow unfettered U.S. crude oil exports for the first time in

The crew aboard the U.S. Navy’s newest and most technologically advanced destroyer came to the rescue of an ailing fisherman off the coast of Maine on

Houston ship pilot Lou Vest has a knack for snapping pics at just the right

The first LNG cargo arrived at Poland’s new LNG receiving terminal in Swinoujscie on Friday, marking a major milestone in Poland’s effort to

By Tony Capaccio (Bloomberg) — The U.S. Navy’s new Littoral Combat Ship would be ineffective at hunting for mines because an underwater drone made by

The Port of Houston has for the first time ever handled more than 2 million TEU in 2015, the Port of Houston Authority announced Thursday. The new record

Dec 11 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Friday reflecting

Researchers with the security firm IOActive have found that ships’ Voyage Data Recorders (VDRs) are vulnerable to hacking and attacks. VDRs, required for