Shipping

SINGAPORE/MOSCOW, March 7 (Reuters) – The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge

By Jonathan Saul LONDON, March 7 (Reuters) – India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a

By Lisa Baertlein LONG BEACH, March 6 (Reuters) – U.S. importers are playing the waiting game with new container shipping contracts,

The U.S. Central Command has confirmed three fatalities on board the Barbados-flagged bulk carrier True Confidence after the ship was struck by an anti-ship

By Olivia Solon and Mohammed Hatem (Bloomberg) — The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to

BIMCO is reporting a significant surge in crude tanker newbuild contracting in the first two months of 2024, with a 490% year-on-year increase to 7.4 million

DUBAI, March 6 (Reuters) – Iran will unload about $50 million worth of crude from a Marshall Islands-flagged tanker seized last year, the

HGC Global Communications, a leading Hong Kong-based telecommunications provider, has reported substantial damage to several undersea communications cables in

The International Maritime Organization (IMO) and the International Labour Organization (ILO) have issued a series of recommendations in a concerted effort to

By Karin Matussek (Bloomberg) — Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle that

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has taken additional measures to target shipments of Iranian goods facilitated by

By Jonathan Saul LONDON, March 6 (Reuters) – A Houthi missile attack killed three seafarers on a Red Sea merchant ship on Wednesday, U.S. Central

U.S. Coast Guard notice reveals the service is seeking to acquire the icebreaker Aiviq from a unit of Edison Chouest Offshore to help plug icebreaking

A bipartisan bill has been introduced to enhance accountability and transparency within the U.S. Coast Guard to protect service members against sexual assault

(Bloomberg) — Ever-tighter sanctions against Moscow have left a South Korean shipbuilder struggling to find buyers for specialized vessels intended to

By Cliff Venzon and Andreo Calonzo (Bloomberg) — The Philippines and China traded complaints after their ships collided again in the South China Sea on

LONDON, March 5 (Reuters) – Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a missile a day earlier near

By Lisa Baertlein LONG BEACH, California, March 4 (Reuters) – Risk is the “new normal” for the global

By Patrick Sykes (Bloomberg) — Iran is defying US sanctions with surging exports of liquefied petroleum gas, the latest sign that American pressure is

MOL Chemical Tankers (MOLCT), a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL), has completed its acquisition of all shares of Fairfield Chemical