News

  By Ole Mikkelsen COPENHAGEN, Nov 9 (Reuters) – The world’s number one container shipping company Maersk Line expects consolidation in the

  The U.S. Navy provided some more information into Saturday night’s missile test launch that had many on the west coast and across the nation

  By Kyunghee Park (Bloomberg) — Neptune Orient Lines Ltd. jumped to the highest level in more than five months in Singapore trading after the

  By Christian Wienberg (Bloomberg) — The world’s economy is growing at a slower pace than the International Monetary Fund and other large

  By Jonathan Saul LONDON, Nov 9 (Reuters) – The market for hedging oil tanker freight has revived sharply this year to a value of $4.5 billion

  By Joyce Koh, Jonathan Browning and Aaron Kirchfeld (Bloomberg) — Neptune Orient Lines Ltd. said it’s in separate talks with France’s CMA CGM

They say that two happiest days of boat owner’s life are the day they buy the boat and the day they sell it. For a small borough of 88,000 outside

Mexican officials are just getting to work on the effort to clean up and scuttle a bulk carrier that wrecked along the country’s rocky Pacific coastline

Some more trouble to report Friday in Turkish waters with the Gibraltar-flagged cargo ship MV Schillig running aground while transiting the Dardanelles

  The U.S. Coast Guard is searching for a man who fell overboard from Royal Caribbean’s Oasis of the Seas Friday morning approximately 80 nautical

  By Lauren Etter (Bloomberg) — Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next

  By Sabina Zawadzki and Ole Mikkelsen COPENHAGEN, Nov 6 (Reuters) – Shipping and oil conglomerate A.P. Moller-Maersk said on Friday third-quarter

  (Bloomberg) — France’s CMA CGM SA is in talks to acquire Singapore container shipping company Neptune Orient Lines Ltd., as majority owner

  By Arno Schuetze FRANKFURT, Nov 6 (Reuters) – Shares in Hapag-Lloyd hovered around their issue price in their stock market debut as investors gave

  Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S, Denmark’s biggest company, said profit at its oil unit dropped 86 percent in the

Three of the world’s largest ship-to-shore cranes have arrived onboard the heavy lift ship ZHEN HUA 26 at APM Terminals Lázaro Cárdenas (TEC2) located

By Nia Williams CALGARY, Alberta, Nov 5 (Reuters) – TransCanada Corp said on Thursday it has scrapped plans to build a port in Quebec and will have only

  By Peter Millard (Bloomberg) — Petroleo Brasileiro SA, the Brazilian state- run oil company grappling with plunging crude prices, a sweeping

Ferus Smit recently celebrated the launch of the Greenland, the world’s first dry cargo vessel to be fueled by clean-burning liquified natural gas. The

Mexico’s naval training ship ARM Cuauhtemoc at Puerto Quetzal, Guatemala, November 4, 2015. The training ship arrived at Guatemala from Nicaragua