Singapore-based container shipper Neptune Orient Lines (NOL Group) reported negative net profits for their third consecutive year today with losses of US$76

The Panama Canal Authority said that it has reached a deal with the construction consortium that would allow for work to resume on the third set of locks in

Genco Shipping & Trading Ltd. hired Blackstone Advisory Partners LP to explore a debt restructuring after the operator of dry-bulk cargo ships missed a $3.1

A cruise ship attendant confessed to raping a female passenger on Valentine's Day and trying to toss her overboard to cover up the crime, according to an

Trident Group President Tom Rothrauff confirmed today in a phone call that two of his contractors have died on board one of his client's

Three Indian fishermen injured when a U.S. naval ship fired on their boat off the United Arab Emirates in 2012 are launching a civil case against the Pentagon

By Rick Spilman, International Salt, a major salt company, has just about run out of salt to supply the State of New Jersey.  The salt is used to control

The containership Svendborg Maersk faced particularly nasty weather last week as she sailed through the Bay of Biscay on her way to Colombo, Sri Lanka

A Holland America crewmember has been placed under arrest following an alleged assault on a female passenger aboard the MS Nieuw Amsterdam cruise ship this

Malaysian oil field services firm Bumi Armada Bhd said it has secured $381 million worth of contract extensions for its floating production, storage and

Creditors of South Korea's STX Offshore & Shipbuilding Co Ltd have decided to lend the debt-laden shipbuilder an extra 1.8 trillion won ($1.7 billion), two

The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options on Tuesday to keep the multibillion-dollar

The United States Navy frigate USS Taylor is being inspected for damage today after running aground last week in the Black Sea off Samsun, Turkey.

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

Leading offshore drilling company Seadrill announced Tuesday that it has secured drilling contracts with Mexico's PEMEX for the operation of five jack-up rigs

Jones Act-shipper Totem Ocean Trailer Express (TOTE) has selected Finnish engine manufacturer Wärtsilä to provide the LNG propulsion package for the

“Ship to shore connectivity has not kept pace with the unprecedented data access available ashore after the internet revolution, but things are changing

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

Considering the huge commercial impact marine bunkers have on ship owners and operators, ExxonMobil has put together the following list of

Halifax, Canada-based Irving Shipbuilding Inc. has added Davie Shipyard, the largest shipyard in Canada, to its lawsuit over the alleged mishandling of