This series of images were allegedly taken by a fisherman off the coast of Panama. Rumor has it… the boat sank, the fisherman were rescued, and the

By Doug Cameron One of the largest barge operators on the Mississippi River said Thursday that emergency rock blasting and recent rainfall have improved

By Eyk Henning FRANKFURT–London-based private equity firm Star Capital Partners Ltd. is pursuing a deal that will allow it to turn one of the oldest

Crowley Maritime Corporation christened its newest tanker Wednesday during a ceremony at the Aker Philadelphia Shipyard and says it will soon put the

Netherlands-based Damen Shipyards Group unveiled today the AHTS 200, the latest vessel within their “Offshore Series” of designs.  A powerful,

LEEVAC Shipyards in Jennings, Louisiana has announced that it has received an order to build two 270-foot diesel electric PSV’s for Aries Marine of

By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of commodity freight costs, slumped for an eighth day as storms curbed charters

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned energy company, offered to buy out shipping unit MISC Bhd. in a deal worth 8.7

UPDATE Jan. 24, 2013: Cannibal Rat-Infested Ghost Ship Story Hijacks the Internet -FAQ 3 years ago the M/V Lyubov Orlova was an expedition cruise ship

The closed-circuit cameras on a yacht in Portosole, Sanremo, Italy captured the moment when on Jan. 23, 2013 a wave crashed over the sea wall, sending a

Scorpio Tankers Inc.’s (STNG) offering of 30.7 million shares priced at a 5.2% discount of Tuesday’s close. The company will sell the shares at

HOUSTON – Kirby Corporation (NYSE:KEX), the largest domestic tank barge operator in the United States announced their 4th quarter earnings today,

(Bloomberg) — Golden Ocean Group Ltd., the shipping company controlled by billionaire John Fredriksen, rose the most in a week in Oslo trading after

AMSTERDAM–Dutch dredging company Koninklijke Boskalis Westminster NV (BOKA.AE) said Thursday it has closed the debt financing for the intended takeover

LONDON–Royal Dutch Shell PLC (RDSA, RDSA.LN) Chief Executive Peter Voser said Thursday that both its Alaska drilling rigs need more work before they

WASHINGTON – Frank Peake, the former president of Sea Star Line LLC, was found guilty on Tuesday by a federal jury in Puerto Rico of participating in a

By Debbie Cai Golar LNG Ltd. (GLNG) has agreed to sell the company that owns and operates the liquefied natural gas carrier, the Golar Maria, together with

A 16-mile stretched of the lower Mississippi River near Vicksburg remained closed Wednesday as response crews scramble to clean up and contain an oil spill

ClassNK Registers 25 Million Gross Tons in 2012; Sets New Records for Newbuildings & Class Transfers Tokyo – ClassNK on Wednesday released its

The US Coast Guard’s Office of Investigations and Casualty Analysis has released a compilation of the past 4 years of maritime and offshore safety