SEOUL, Nov 19 (Reuters): A South Korean passenger ferry with 267 people on board ran aground on Wednesday near the southwestern coast of the Korean peninsu...
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The crude tanker industry is currently seeing its biggest shipbuilding boom in almost ten years. The ratio of orders to the existing fleet has risen to 14.1 p...
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The U.S. Federal Maritime Commission (FMC) has wrapped up two enforcement actions, resulting in $1.35 million in fines from a major shipping company and a non-...
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(Bloomberg) — The US trade deficit decreased in August as various tariffs introduced by President Donald Trump took effect, according to official data released...
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CALLAO, Peru, Nov 19 (Reuters) – APM Terminals, a Dutch port operator, plans to invest $550 million to expand the Callao port in Peru starting in January, acco...
Read MoreThe Bureau of Ocean Energy Management has revealed plans for its second offshore oil and gas lease sale, part of the One Big Beautiful Bill Act. This sale...
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The Suez Canal Container Terminal in East Port Said has opened a significant expansion that increases its annual capacity by 2.2 million TEUs, making the tota...
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By Sing Yee Ong and Stephen Stapczynski (Bloomberg) — The cost of transporting liquefied natural gas (LNG) across the Atlantic Ocean has reached its highest le...
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The U.S. Navy has officially commissioned the USS Pierre (LCS 38), the last of the 19 Independence-variant littoral combat ships, in a ceremony held in Panama...
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