(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at

(Bloomberg) — Seaspan Corp, a ship-leasing unit of Tiger Group Investments, may order as many as 15 more container ships over the next year to benefit

NEW ORLEANS – A unified command continues to respond to a crude oil spill in the lower Mississippi River near mile marker 434 in Vicksburg, Miss., the

KINGS POINT, N.Y., January 25, 2013 – The United States Merchant Marine Academy welcomed its new Deputy Superintendent during a Town Hall meeting that

General Dynamics NASSCO shipyard in San Diego said Monday that it has finalized a contract with Totem Ocean Trailer Express (TOTE) to design the conversion of

By Kyong-Ae Choi SEOUL–Daewoo Shipbuilding & Marine Engineering Co.’s (042660.SE) net profit in 2012 plunged 82%, primarily reflecting the

Lee Freeman, Captain of Seadrill’s record-breaking rig West Pegasus provides us with the following update via satellite. On 28 January 2011, the first

Two recreational sailors had to be rescued from San Francisco Bay on Saturday after their sailboat sank following a collision with a tug. A report from

Last night, the Discovery Channel aired its highly-anticipated special on the expedition that, for the first time ever, captured footage of the famed –

Pirates operating off Nigeria’s oil-rich delta have released five Indian sailors held captive for over a month, the Associated Press has reported. The

Maersk Line, the world’s largest container shipping company by teu capacity, has reached its own 2020 target of reducing its fleet-wide CO2 emissions by

Zurich-based power and automation technology group ABB announced today they have won a long-term service contract from Star Cruises for preventive maintenance

In a boost for zero-emission vessels the “world’s first” electric car ferry has been launched in Norway. The 80-meter electric car ferry

By Geraldine Amiel PARIS–French integrated oil and gas major Total SA (TOT, FP.FR) Monday confirmed that Samsung Total Petrochemicals, its joint venture

(Bloomberg) — Iron ore and coal shipping costs slid for a fifth day amid speculation storms in Australia are curbing demand for vessels carrying the

By Angel Gonzalez HOUSTON–A Royal Dutch Shell PLC (RDSA) unit struck a deal with a Kinder Morgan Inc (KMI) company to export liquefied natural gas out of

On January 18th, 2013, Damen Shipyards Galaţi launched the World Diamond, the first of a series of six fully equipped Platform Supply Vessels for Norwegian

COSCO Dalian Shipyard announced today the delivery of two 82,000 DWT  bulk carriers,  the ECOPRIDE G.O. and UNION MARINER, respectively to its European

Jan. 27 (Bloomberg) — French yachtsman Francois Gabart won the Vendee Globe solo round-the-world sailing race after 78 days at sea, setting a world

Austal Shipbuilding and and Singapore-based Sembawang Shipyard have announced a strategic partnership aimed at providing life-cycle services specifically