News

  By Yaacov Benmeleh (Bloomberg) — Zim Integrated Shipping Services Ltd., a marine transportation company, hired Bank of America Corp.’s Merrill

  Norwegian oil major Statoil has reported an oil spilled observed in the North Sea close to a loading buoy at the Statfjord offshore oil field. The oil

  DUBAI, Oct 8 (Reuters) – National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant

  OSLO, Oct 8 (Reuters) – Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could

  Below is a statement provided by the Office of the Press Secretary on behalf of President Obama: The captain and crew of the El Faro were Americans and

WASHINGTON (Reuters) – The White House issued a veto threat on Wednesday for a U.S. House of Representatives bill that would lift a four-decade-old ban

  The U.S. Coast Guard has ended it search for possible survivors from the American cargo ship El Faro, which is believed to have sank Thursday with the

  By Susan Cooper Eastman JACKSONVILLE, Fla., Oct 7 (Reuters) – The U.S. Coast Guard on Wednesday ended its search for missing crew of the cargo

The Port of Long Beach has announced the winners of its third annual community photo contest. The unique program, on exhibit at the Museum of Latin American

  By Firat Kayakiran, Naomi Christie and Angelina Rascouet (Bloomberg) — When offshore oil rigs reach the end of their useful lives, many head for

  Swiss-based Allseas has confirmed that delivery of one of the decades most anticipated new ships, the Pioneering Spirit (ex-Pieter Schelte), will be

  Three former shipping executives have been indicted for participating in a long-running and far-reaching price-fixing conspiracy involving the

  LONDON, Oct 7 (Reuters) – Dry bulk shipping faces more earnings pain as a slowdown in commodities demand and a glut of ships are expected to pile

  NEW DELHI, Oct 7 (Reuters) – India has extended the benefit of nil custom and production tax on bunker fuels to domestic coastal movement of

  Update: Salvage Underway for Wrecked MV Flinterstar Off Belgium A Dutch freighter has sank after colliding nearly head on with the Marshall

  Coast Guard crews continue searching for possible survivors from the cargo ship El Faro Tuesday night after covering more than 170,000 square miles

Take a load off.                  

  By Brian K. Sullivan (Bloomberg) — The worst thing facing the captain of the El Faro when he sailed his 790-foot container ship from Jacksonville,

  A livestock carrier loaded with cattle turned over alongside a pier at the Port of Vila do Conde in Barcarena, Brazil, reportedly killing thousands of

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk has invited a Danish parliament committee to visit one of its North Sea oil fields amid