EU to Accept Antitrust Offer from Maersk, MSC, 13 Others

World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe,

Kinder Morgan Sells 50% Stake in Ohio Pipeline to PE Firm

Kinder Morgan Inc said it agreed to sell half of its stake in an Ohio pipeline project to Riverstone Investment Group LLC and the private equity firm would help

EU to Accept Antitrust Offer From Maersk, MSC, 13 Others

World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe,

Hapag-Lloyd Agrees on Merger Terms with UASC

German container shipping line Hapag Lloyd AG on Tuesday said it has reached an agreement on terms and conditions of a business combination agreement with Arab

ICTSI Wins Excellence Award in Supply Management

International Container Terminal Services, Inc. (ICTSI) recently won the 2016 Gawad Sinop Corporate Award for Excellence in Supply Management Practices by the Philippine

The Odd Trio: HMM, Maersk and MSC

 In one of the more bizarre twists in the container shipping market it emerged last week that financially troubled carrier South Korean Hyundai Merchant Marine

Diana Shipping Enters Contract with SwissMarine

 Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Ice Class Panamax dry bulk vessels,

Freightgate Announces SOLAS VGM Compliance Solution

 Freightgate Inc announced an easy to use, integrated (SSO enabled) solution for International Shippers around the world to comply with the new IMO Requirement to certify VGM (Verified Gross Mass).

Hanjin to Return 38 Vessels Next Year

Hanjin Shipping is planning to return a total of 38 chartered vessels once their contracts end as part of its restructuring efforts, reports the Korea Herald. A

Matson Launches US West Coast - South Pacific Service

Matson’s new South Pacific Express will link Pacific networks via Honolulu    U.S. carrier in the Pacific Matson, Inc. has introduced a new containership service between the U.

Huge Coke Drums Shipped from Spain to Louisiana

Intermarine, LLC, transporter of project, breakbulk and heavylift cargo, said it has transported four coke drums on the MV Ocean Freedom from Gijon, Spain, to New Orleans, La.

Engie Would Have to Shut Output at Gjoea Field if Strike Goes Ahead

French energy firm Engie would have to shut down production at its Gjoea platform in the North Sea if wage talks between oil workers and oil companies break down on Friday, the firm said on Monday.

Panamax Vessel Demand Keeps Baltic Index Up

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for a fourth straight session as higher demand

New Era of Global Trade with Expanded Panama Canal

The Expanded Panama Canal is now officially open for business.   During the official inauguration ceremony, Panamanian President Juan Carlos Varela and Panama Canal Administrator and CEO Jorge L.

TransCanada Formally Seeks Damages over Keystone XL

TransCanada Corp is formally requesting arbitration over U.S. President Barack Obama's rejection of the Keystone XL pipeline, seeking $15 billion in damages, the

Panama Opens Canal Extension Amid Risk, Cost Issues

Panama opened the long-delayed $5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping

Iran Oil Chief to Expected to Expedite Oil Major Deals

Zanganeh ally made new head of national oil firm; Kardor expected to speed up deals with oil majors. Oil minister Bijan Zanganeh has handed the running of Iran's

BHP boosts exploration spend as focus narrows to oil, copper

BHP ups exploration budget to $900 mln; focus on oil and copper. BHP Billiton plans to lift exploration spending by 29 percent next year, allocating nearly all

Norway-England Power Link on course, Despite Brexit

1,400-MW North Sea Link due to be built by 2021; Gassco says no impact on gas transport to Britain. Britain's decision to leave the European Union will not affect

Texas 'Frack Master' Bilked Investors

Texas oilman Chris Faulkner built a high-profile public persona, raised millions for his oil and gas ventures and courted politicians. But the SEC has alleged that behind the scenes,

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