By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family have been sold as part...
JERUSALEM, Feb 28 (Reuters) – Israel on Sunday broadened its search for the ship behind an oil spill that blackened its beaches with tar after investigators ruled out one of...
Reuters) – An Israeli-owned ship hit by an explosion in the Gulf of Oman strategic waterway has arrived at a port in Dubai, where is it is due to be...
By Eric Martin and Jenny Leonard (Bloomberg) — President Joe Biden’s nominee for trade chief called on China to live up to the commitments in its trade pact with the U.S. — the...
By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the bottom of the ocean are causing headaches...
The U.S. Navy is responding to COVID-19 outbreaks aboard two of its ships based in Bahrain. In a statement, the U.S. 5th Fleet said about a dozen service members aboard...
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The U.S. National Oceanic and Atmospheric Administration is set to begin implementing its sunset plan for paper nautical charts as it transitions exclusively to electronic navigation charts. NOAA announced its...
By Roslan Khasawneh SINGAPORE, Feb 26 (Reuters) – Global demand for oil-based marine fuels is set to fall in the next three decades as stricter carbon emissions rules for the shipping industry...
By Lars Erik Taraldsen (Bloomberg) — Interest in oil exploration in the Norwegian Arctic has dropped dramatically following years of disappointing drilling results. Only seven oil companies applied for new acreage...
By Lisa Barrington DUBAI, Feb 26 (Reuters) – A Bahamas-flagged ship, the MV HELIOS RAY, was hit by an explosion in the Gulf of Oman on Thursday, the United Kingdom...
Defense contractor Leidos (NYSE: LDOS) has announced a definitive agreement to acquire U.S.-based naval architecture firm Gibbs & Cox for $380 million in cash. The acquisition was revealed this week...
By Mike Wackett (The Loadstar) – Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and five-year charters. Alphaliner says the supply of container...
AMSTERDAM/ASUNCION, Feb 24 (Reuters) – Customs authorities in Germany and Belgium have seized a record haul of more than 23 tonnes of cocaine destined for the Netherlands in two raids this month,...
The U.S. Coast Guard will convene a formal marine casualty investigation into the capsizing of a commercial fishing vessel with the loss of two lives at Oregon’s Tillamook Bay Bar...
By Emma Pinedo and Marco Trujillo CARTAGENA, Spain Feb 25 (Reuters) – A shipload of Spanish cattle that had been drifting for months due to concerns over the bovine bluetongue...
French shipping giant CMA CGM has announced plans to deploy six new LNG-powered containerships dedicated to the China-U.S. market. Group Chairman and CEO Rodolphe Saadé made the announcement at the...
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Italian shipping company Grimaldi Group has announced the construction of six new multipurpose roll-on/roll-off vessels at Hyundai Mipo Dockyard in South Korea. The ships are part of an inaugural class...
By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading of swaps used to hedge North...
By Yereth Rosen (Reuters) – Alaska may need to brace for more thunderstorms — along with the landslides, floods and wildfires they can bring — if current climate trends continue,...
Maersk Tankers and Cargill have teamed up to launch a new bunker procurement service that will offer better pricing, service and transparency to tramp shipping companies and trading houses. The...
By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback...
