Two people drowned and four were missing at sea and feared dead after two merchant ships collided in rough seas off the Italian coast on Sunday, Italian

"The ship is still on fire, the floor is burning," passenger George Styliaras told Greek TV by telephone, adding that smoke was making it difficult to breathe.

The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost overruns of almost $740 million, the canal administrator

A Costa Cruises cruise ship suffered a fire earlier this week just days after completing a €22.5 million

When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects

The second installment of the new world's largest containership by TEU capacity, CSCL Pacific Ocean, has officially been named and delivered by the Hyundai

It’s been an interesting and tumultuous year in the maritime and offshore sector with both regulatory and commercial drivers contributing to really

Saudi Arabia’s 2015 budget is probably assuming an oil price of $80 a barrel, and will be seen as a sign of confidence in the market, according to a former

By Ed Snell Twas the night before Christmas And all through the tug, Only the deckhand was stirring The tea in his mug. The dock lines were hung By the

Japan’s Mitsui OSK Lines Ltd (MOL) will supervise the construction of six new very large ethane carriers (VLECs) at Samsung Heavy Industries and

Golar LNG announced plans today to develop a floating liquefied natural gas export project off the coast of Cameroon utilizing the Golar Hilli, an LNG carrier

Warner Brothers has just released the new trailer for the movie “In The Heart of The Sea”, telling the true story of the events that inspired

U.S. marine shipping stocks are poised to see their shares climb 59 percent in the next 12 months, outshining the 35 percent gain on the first day of Alibaba

Japan's Mitsubishi Heavy Industries Ltd (MHI) said on Wednesday it was considering a range of options for its shipbuilding business, including splitting it off

A leak on a major Russian oil pipeline caused a spill in the Black Sea near the port of Tuapse on Wednesday where officials said stormy weather was hampering

Offshore oil-drilling contractors, who last year were able to charge record rates for their vessels, are now under pressure to scrap old rigs at an

The U.S. Navy says it has awarded the contract to scrap the decommissioned 'Ranger' (CV 61) to International Shipbreaking, Ltd, marking the end of the road for

The 6.3 billion reais ($2.4 billion) Acu port project in Rio de Janeiro state is the brainchild of Brazil’s most famous entrepreneur, Eike

Southern California’s largest ports, Los Angeles and Long Beach, which handle 40 percent of U.S. imports, are taking steps to reduce cargo congestion that

Total SA and its partners will use a record 16 ice-breaking tankers to smash through floes en route to and from the Arctic’s biggest liquefied natural-gas