Farstad Shipping, the Norway-based OSV operator announced 13 of their company’s vessels gained a total of NOK 525 million in new charter contracts today.

By Narae Kim and Meeyoung Cho SEOUL, April 22 (Reuters) – The first distress call from a sinking South Korean ferry was made by a boy with a shaking

Three crewmembers from a 587-foot cargo ship were injured Sunday afternoon after the vessel was reportedly struck by a large wave about 500 miles south of

SANTIAGO, April 21 (Reuters) – A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the

South Korea’s YTN News reports today two people are dead and at least two injured after a fire broke out at Hyundai Heavy Industries, one of the

When was the last time you pushed yourself past failure?  How will you react to the next challenge you encounter? In the above video, former U.S. Navy SEAL

Christoffer Marstone, 1st Officer on board the Well Stimulation Vessel “Island Commander” sends us this image taken yesterday at the Ekofisk Oil

By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for

The Portuguese navy unveiled a new state-of-the-art surveillance drone this week in front of assembled media and Portugal’s defence minister, José Pedro

Container shipments through the port of Los Angeles climbed in March by the most in seven years as commerce rebounded after disruptions caused by the Chinese

COSCO Corporation announced today the signing of contracts with a undisclosed shipowners for four emergency response – field support vessels (FSVs) and a

Arctech Helsinki Shipyard announced today the signing of a EUR 100 million order with Sovcomflot for a new icebreaking platform supply vessel (PSV). Upon

With the arrival of a 450-foot containership in the port of Cleveland Friday night, a new trade route linking the Great Lakes region with northern Europe was

A Shanghai court ordered the seizure of a Japanese iron ore carrier from Mitsui OSK Lines Ltd. as compensation for the loss of two ships leased from a Chinese

South Korean President Park Geun-hye said on Monday the actions of the captain and crew of a ferry that sank last week with hundreds feared dead were

Rear Admiral Joseph Servidio has formally appointed Amy Beavers, Vice President of Regulatory Compliance at Florida-based maritime school Maritime

“Rob are you ok?” Four years ago today, a friend of mine woke me up with those words. He was referring to the drilling rig Deepwater Horizon which

By Ju-min Park and Jungmin Jang JINDO/MOKPO, South Korea, April 20 (Reuters) – South Korean prosecutors investigating last week’s ferry disaster

The first of three NASA-inspired cryogenic fuel tanks designed by Lockheed Martin for Harvey Gulf’s U.S.-flagged dual fuel OSVs has been delivered to the

Royal Caribbean International has announced that its newest and most technologically advanced ship, Quantum of the Seas, will make its home port in Shanghai