The last time that U.S. oil drillers got caught up in a price war orchestrated by Saudi Arabia, it ended badly for the

"Having a dividend cut is a concrete sign that things are as bad as people fear ... it's another confirmation to how hard it is out there to be an offshore

Bollinger Shipyards delivered the 11th Sentinel-class Fast Response Cutter (FRC) to the United States Coast Guard today named WILLIAM TRUMP.

Serial entrepreneur Elon Musk has revealed that his SpaceX space transport company is currently developing an "autonomous spaceport drone ship" that will act

France suspended indefinitely on Tuesday delivery of the first of two Mistral helicopter carrier warships to Russia, citing conflict in eastern Ukraine where

Researchers with the Monterey Bay Aquarium Research Institute have capture what is being called the best-ever footage of the elusive and nightmarish-looking

The Port of Long Beach is set to open a vacant pier to store empty containers amid unprecedented congestion at the nation's second busiest container port.

APM Terminals BV, the port operator owned by AP Moeller-Maersk A/S, wants to buy more ports in Turkey, a market where container volumes are growing twice as

Royal Caribbean and Chinese travel service provider Ctrip have announced a new joint venture designed to serve the booming Chinese cruise market with a new

Greece has sent a frigate to rescue a container ship believed to carrying hundreds of undocumented migrants and in distress off its southern island of Crete,

Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would

Helix ESG’s light well intervention/dive support vessel MSV Seawell will be back up on blocks next month at Damen Shiprepair Vlissingen for a major

Indonesian shipper Meratus Line has been flagged by the Australian Maritime Safety Authority (AMSA) due to repeated compliance issues related to one of its

Iron ore traded below $70 for the first time in five years as rising low-cost supplies by the world’s top miners widen a global glut amid slowing demand from

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering

A cargo ship struck a lock gate in a chamber of the Kiel Canal in Germany on Monday, causing damage so severe that the gate will need to be replaced

After at least 4 years under construction and decades of planning, the giant Pieter Schelte catamaran has set sail from the shipyard in South Korea for

Two people were killed Monday morning when the barge they were on sank in heavy seas off the coast of

While in Charleston, South Carolina yesterday, BP Shipping’s British Emissary, a 34k deadweight oil products tanker, suffered a catastrophic a rather

Societe Generale SA cut its U.K. natural gas price forecasts by as much as 7.3 percent as crude slumped into a bear market, helping reduce the cost of supplies