Thai dry bulk carrier Thoresen Thai Agencies Pcl said on Tuesday it planned to raise about 7.3 billion baht ($223.2 million) by offering new shares via a

Tuesday Update: The list of the vessel has decreased to 37 degrees as of Monday night as salvors continue to pump more clean water from the lower car decks.

U.K. Chancellor of the Exchequer George Osborne said he’s likely to announce further steps to help Scotland’s North Sea oil and gas

Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock Exchange in a public

The Island Innovator semi-submersible started turning to the right at PL674BS within the Zulu prospect located approximately 100 kilometers west of Stavanger

In the southern part of the Norwegian sector of the North Sea in 110 meters of water is the Johan Sverdrup field,  one of the largest discoveries ever made

Shockingly, it appears that all eight people on board survived this helicopter crash. Although there’s no date associated, it seems this video depicts

A gCaptain Forum member launched a petition yesterday on “We The People” to gather support to protect the Merchant Marine Act of 1920, aka the

Jacksonville-based Crowley Maritime Corporation has announced plans to increase capacity for its U.S. mainland to Puerto Rico service amid Horizon Line's

he United Arab Emirates oil minister said on Monday that the drop in oil prices was unlikely to last for long and that the country would not alter its energy

For Golar LNG’s CEO Doug Arnell, it’s been a good ride. For the past four years his company has increased its market cap 400 percent and grown to

Shanghai retained its title as the world’s busiest container port for a fifth consecutive year after widening the gap with its closest rival

Star Cruises’ new ships under construction at Meyer Werft shipyard will powered by ABB’s latest generation Azipod XO propulsion technology,

Norwegian subsea contractor DeepOcean AS is hoping to sign a major contract at the end of this week according to Chief Financial Officer Dennis de Vreede. In

China Ocean Shipping (Group) Company has received a $1.75 billion loan from the Export-Import Bank of China to buy 53 new ships, which it plans to order from

For China's shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a

Ghana's navy has freed a tanker ship hijacked off the coast of Nigeria and arrested eight pirates believed to be responsible for seizing it, a military

Chinese authorities have confirmed that 21 people were killed and one was missing after a tug boat undergoing sea trials sank in the Yangtze River, the

Volvo Ocean Race's six-strong fleet enters one of the most hazardous phases of the nine-month, round-the-world event in the next 24 hours when it will reach

The U.S. Federal Maritime Commission has marked congestion at the Nation's ports as its top priority in