News

Delivered in June, Höegh Target is the world’s largest Pure Car and Truck Carrier (PCTC) vessel with a carrying capacity of 8,500 car equivalent units.

  By Jonas Cho Walsgard (Bloomberg) — John Fredriksen, the billionaire who made his fortune investing in crude tankers, said he’s “very

  Two shipyard workers were killed and seven others injured following a fire onboard a vessel under construction at Daewoo Shipbuilding and Marine

  Local authorities are reporting 6 pirate attacks in just two days eastbound lane of the Traffic Separation Scheme (TSS) in the Straits of Malacca and

  By Emmett Berg SAN FRANCISCO, Aug 23 (Reuters) – Researchers returned on Sunday from mapping and sampling a massive swirling cluster of trash

  HAMBURG, Aug 24 (Reuters) – An international maritime tribunal on Monday rejected Italy’s request that India provisionally release two

By Justin Fox (Bloomberg View) — Late last year, Nicaraguan authorities said that construction was about to begin on a $50 billion canal connecting the

Monday Update: Panama Canal Authority Says New Locks Timeline Not Impacted by Crack A crack has formed in the concrete of one of the new locks of the expanded

Royal IHC has named and launched the pipelaying vessel Sapura Rub at the company’s shipyard in Krimpen aan den Ijssel, the Netherlands. Sapura Rub is the

  By Ben Sharples and James Paton (Bloomberg) — The golden age of natural gas lost some of its luster this month. Japan, the world’s biggest buyer

  This article was written by ShipandBunker.com, the world’s leading free to access website focused on marine fuel, with news, exclusive features,

An investigation has been launched into a fire on board the platform supply vessel Skandi Stolmen offshore Brazil. According to DOF Group, the fire broke out

  OSLO, Aug 21 (Reuters) – Operator Statoil and its partners have been given the formal approval to develop the first phase of their giant Johan

  COPENHAGEN, Aug 21 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 26.7 percent to

Chinese shipbuilding and engineering group JES International says it has ceased operations and production in order to control costs as it struggles with

  General Dynamics NASSCO is getting ready for the launch of the second of two LNG-powered containerships being built for TOTE Maritime. The launching

  A team of divers began preliminary inspections of the sunken Sewol ferry in South Korea on Wednesday, marking the first on-site operations in the effort

  By Saleha Mohsin (Bloomberg) — Norway’s economic growth slowed in the second quarter as plunging crude prices sap investments and drive up

  By Keith Wallis SINGAPORE, Aug 20 (Reuters) – Freight rates for capesize bulk carriers are set to slide further next week, after falling to their

  By Toby Sterling AMSTERDAM, Aug 20 (Reuters) – Dutch marine engineering company Boskalis reported a 21 percent rise in first-half earnings,