Oil prices on Tuesday fell for the first session since OPEC agreed to cut output last week after data showed crude production rose in most major export regions and on growing skepticism that the cartel would be able to reduce production. After rising over 15 percent over the four sessions since
Over the weekend, the Liberian-registered bulker Antaios suffered an engine room fire about 800 nm west of the Cape of Good Hope, requiring the evacuation of her crew. The South African Maritime Safety Authority, or SAMSA, said in a statement that damage from the fire led to water entering the
Engine room fires account for up to 50 percent of all fires on vessels with 70 percent of those engine room fires being caused by leaks from pressurized systems. Just this week, the chemical tanker Jo Kiri was inbound for a terminal in the Houston area when smoke was reported in the engine room.
Liverpool’s new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator’s chief said. Private group Peel Ports has invested $510
[Brief] On Sunday, a pleasure boat named Nap Tyme crossed the bow of the Washington State ferry Chetzemoka, resulting in a collision. The double-ended ferry performed a crash stop, but it still struck the boat amidships on the port side. After the collision, the boat was pushed