$12 Million: Tanker Rates Soar to New Record as U.S. Sanctions on COSCO
NEW YORK, Oct 4 (Reuters) – Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12
NEW YORK, Oct 4 (Reuters) – Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12
Overseas Shipholding Group has taken delivery of two Korean-built product tankers which the company anticipates will join the U.S. flag after an initial
A UK Marine Accident Investigation Branch investigation has revealed that the sole watch officer on board the general cargo ship Priscilla was watching videos
By Mike Wackett (The Loadstar) – Shipping association Bimco has submitted a new proposal on regulating ships’ power to the International Maritime
After a year of testing, the company behind the world’s first large-scale ocean cleanup system says is system is now succesffully capturing and collecting
Deepwater drilling contractor Transocean says it has deployed that world’s first hybrid battery system on floating drilling rig to supplement power needs
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By Roslan Khasawneh SINGAPORE, Oct 3 (Reuters) – Singapore stockpiles of low sulphur marine fuels held in floating storage are swelling ahead of a 2020
A new video obtained by Tradewinds shows the moment a Stolt tanker exploded while preparing for a ship-to-ship cargo transfer in Busan, South Korea over the
By Collin Eaton and Devika Krishna Kumar HOUSTON/NEW YORK, Oct 2 (Reuters) – Freight rates for U.S. crude tankers bound for Asia hit an all-time high on
Bourbon Offshore has confirmed that the body of a fourth Bourbon Rhode crew member has been recovered as the search for seven missing seafarer continues in the
By Dan Whitcomb LOS ANGELES, Oct 1 (Reuters) – The owners of a dive boat that caught fire and sank off the California coast on Labor Day, killing 34
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A gigantic iceberg roughly half the size of Rhode Island has calved from an ice shelf in East Antarctica, scientists with the Australian Antarctic Division
By Shu Zhang and Olga Yagova SINGAPORE/MOSCOW, Oct 2 (Reuters) – Russian oil producer Lukoil has sold a cargo of Varandey Blend crude to a Chinese buyer
By William Mathis (Bloomberg) –The largest offshore wind farm in the world is set to run on the world’s biggest wind turbine. General Electric Co.’s
Delivery of the first ship in Ritz-Carlton’s new luxury cruise ship line has been delayed due to project cost issues and challenges with shipyard management
Cleanup crews are responding to an oil discharge from the overturned Golden Ray car carrier in Georgia’s St. Simons Sound. The Unified Command confirms that
MADRID, Oct 1 (Reuters) – Video journalist Marco Trujillo sat on his hotel balcony, eyes fixed on the silhouette of a supertanker in the Strait of
The bodies of two Bourbon Rhode crew members were recovered overnight, bringing the official death toll to three after the tug sank during Hurricane Lorenzo
By David Alire Garcia MEXICO CITY, Sept 30 (Reuters) – When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf
By Sam Whelan, Asia correspondent (The Loadstar) – Hong Kong-based start-up 300cubits will suspend its container shipping cryptocurrency tomorrow, as the
Japanese shipping group NYK is claiming the world’s first trial of an autonomous ship following International Maritime Organization preliminary guidelines
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Bourbon Offshore has confirmed the death of one crew member from the Bourbon Rhode after the tug sank during Hurricane Lorenzo. The French-based offshore
By Sabina Zawadzki LONDON, Sept 30 (Reuters) – U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker
Latest on the Bourbon Rhode Update (Sunday): Search crews located an overturned fast rescue craft believed to be from the Bourbon Rhode late Saturday, Bourbon
Update: Stolt Tankers reports that the fire in the cargo section of Stolt Groenland has been extinguished. The Bow Dalian, which was moored alongside at the
by Anna Ringstrom (Reuters) A British-flagged tanker that was detained by Iran for 10 weeks, docked in Dubai on Saturday, after a standoff that has stoked
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