Two people died and nine were missing after a cargo ship sank off southwestern Japan early on Wednesday amid fierce winter winds, the coast guard said, as it continued to search for survivors.Six people who were rescued remained unconscious, while five had revived as of 8:30 p.m. local time (1130 GMT), the Japan Coast Guard said, partly citing information from its South Korean counterpart.
Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as Chief Executive Officer as of Jan 1. Company veteran Clerc, who currently heads the company's Ocean & Logistics business, is taking the helm at a time of slowing demand for transport and logistics as a global recession looms.
Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February, competition for LNG has become intense
Prospects for the crude oil tanker market are expected to stay strong for at least the next year helped by low ship ordering, despite the loss of some trade from Russia due to Western sanctions, leading ship operators say.Russia has increased exports to Asia, Africa and South America following the imposition of Western sanctions for its invasion of Ukraine.
SAAM Towage announced it has closed an agreement with Teck & Neptune Terminals that will allow the deployment of the first two electric tugs to its fleet.The ElectRA 2300SX tugs are designed by Vancouver-based Robert Allan Ltd. and will be built at Sanmar Shipyards in Turkey.Scheduled for delivery during the second half of 2023
China's threat of force is undiminished, Taiwan President Tsai Ing-wen said on Thursday, even though Beijing's largest ever military drills around the island seemed to be scaling down.Furious about a visit to Chinese-claimed Taiwan last week by U.S. House of Representatives Speaker Nancy Pelosi
A tanker of U.S. sour crude was delivered at Germany's port of Rostock last week for the first time ever, according to sources, analysts and vessel tracking data, as local refiners test alternatives to Russian oil.The European Union plans an almost-complete embargo of Russian barrels by year-end, and is trying to wean itself off Russian crude imports, which have fed inland refineries in Germany
Three ships loaded with grain under a recently concluded deal have left Ukrainian ports, the Turkish Defense Ministry and Reuters witnesses said on Friday.The Joint Coordination Centre in Istanbul, which groups Russian, Ukrainian, Turkish and U.N. personnel, said two ships were setting off from Chornomorsk and one from Odesa.
The U.S. Navy announced it has accepted delivery of the lead ship of its new class of fleet replenishment oilers, USNS John Lewis (T-AO 205), built by General Dynamics NASSCO in San Diego.T-AO 205’s July 26 delivery follows the completion of Acceptance Trials with the Navy’s Board of Inspection and Survey to test the readiness and capability of the craft and to validate requirements.
The Marshall Islands is considering "expelling" from their ship registry any Russian yachts or boats that have been targeted by Western-led sanctions on Russia over its invasion of Ukraine, its foreign minister said on Friday.The minister, Casten Nemra, whose country along with Panama and Liberia is popular for registering ships
German Chancellor Olaf Scholz halted the Nord Stream 2 gas pipeline project designed to bring more Russian gas to Germany on Tuesday after Russia formally recognized two breakaway regions in eastern Ukraine.Europe's most divisive energy project was finished in September but has remained idle since then pending certification by Germany and the European Union.
A.P. Moller-Maersk's board said on Tuesday it has nominated family heir Robert Maersk Uggla to be its next chairman as part of a generational handover at the Danish shipping company.Current chairman Jim Hagemann Snabe and vice-chair Ane Maersk Mc-Kinney Uggla, Robert Maersk Uggla's mother, are not standing for reelection to the board at its March 15 annual general meeting