A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West

A state of emergency has been declared in the Galápagos Islands exactly one week after a cargo ship ran aground and remains stuck just offshore of the

In January, Finnish shipowner Meriaura Group signed an order for two 4,700 ton deadweight Ice Class 1A VG EcoCoasterTM general cargo ships at Dutch yard

ABB, the Swiss power and automation group announced today it will be playing an important role in the development of Petronas’ second floating LNG

Capex can't be cut

Global output of liquefied natural gas may shrink after 2020 as falling oil prices prompt producers to withdraw plans for new plants and delay

In Noble Corporation’s 4th quarter earnings report released today, the company took a $713 million impairment charge on the retirement of three of their

Union-led work slowdowns could shut down the 29 U.S. West Coast ports in five to 10 days, the head of the shippers’ association said, urging the union to

While the price plunge and its effect on the global economy are evident, we should not forget that illicit economies are equally subjected to market

Authorities in New Zealand have granted a “temporary pause” in the salvage of the MV Rena shipwreck on Astrolabe Reef pending a decision over the

Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the

One officer is dead and three others have been kidnapped following an attack on a Greek-owned VLCC anchored off the coast of

Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told

The International Transport Workers’ Federation (ITF) is demanding that Allseas Group SA immediately change the name of 'Pieter Schelte' as it honors a

The offshore sector took another hit today as Maersk Supply Service and Maersk Drilling both announced major layoffs at their corporate headquarter in Denmark.

Norway's GC Rieber Shipping ASA said on Wednesday that two companies owned by private equity fund HitecVision V, LP, had defaulted on debt

By Sabrina Valle and Denyse Godoy (Bloomberg) — Petroleo Brasileiro SA Chief Executive Officer Maria das Gracas Foster and five of her top managers

13 months after placing an order for twenty Capesize bulk carriers, Scorpio Bulkers is modifying their order and instead swapping out three of their Capes for

A yellow lab is lucky to be alive after a fall into the icy waters of Lake

Four cargo ships hit the shore of Turkey last weekend during a storm that caused the vessels to drag anchor. The vessels include the Gofer B, Bodyer and Melek