By Paul Richardson (Bloomberg) — Ships traveling through waters off the coast of Somalia face an increased risk of piracy this year, fostered by

Abu Dhabi-based petrochemical company Borouge and Maersk Line inked an agreement to reduce carbon dioxide (CO2) emissions for their shipments. The Carbon Pact

Dubai-based Polarcus is in the process of acquiring an ultra-wide 3D marine seismic project offshore Myanmar, and is breaking acquisition performance records

Construction of a second Poe-sized Lock is critical to Michigan and the United States, Michigan Governor Rick Snyder said in his State of the State address

Netherlands-based Vroon said it has taken delivery of VOS Primrose, a KCM-80m platform-supply vessel (PSV). VOS Primrose, which will be managed by Vroon

By Joseph Ax NEW YORK, Jan 22 (Reuters) – Two Colombians ran a major heroin and cocaine smuggling operation to New York aboard the Royal Spanish

(BIMCO) – Dry Bulk Shipping: A Miserable Start to a New Year, Where the Market Struggles to Grow at All  Demand The global production of steel

High water on the Mississippi River continues to wreck havoc on barge shipping on Lower Mississippi River.  By our count, at least 50 barges have

New Jersey-based stevedore and terminal operating company Ports America will invest in Los Angeles, Long Beach, the Pacific Northwest and western Canada as

By Kyunghee Park and Jonathan Burgos (Bloomberg) — Keppel Corp.’s uncertainties about the oil- rig market are set to continue after a key customer in

Jan 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record

A gang of pirates chased and fired at a car carrier off the coast of Nigeria this week in what is believed to be the first pirate attack in

By Tony Capaccio (Bloomberg) — A U.S. Navy Littoral Combat Ship is sidelined in port in Singapore because of damage to gears that propel the vessel,

By Mike Wackett (The Loadstar) – Analysts agree there is no recovery in sight for the beleaguered containership charter market, which is facing its

Update: A fifth towing vessel has hit the same Vicksburg Railroad Bridge prompting officials to close the river to towing vessels pushing barges under bridges,

Italian oil company Eni has terminated its contract for the ultra deepwater drillship Ocean Rig Olympia due to collapsing oil prices.  The early

By Shruti Date Singh Bloomberg) — Cargill Inc. plans to close its London shipping office and consolidate some of its operations in Geneva as the freight

ATHENS, Jan 21 (Reuters) – Greece’s top shipping lobby on Thursday rejected a European Commission call for the government to reform its shipping

A three-mile section of the Mississippi River was closed Wednesday after 22 barges broke free, some of them hitting other vessels before they were

KOTUG International tugs towing the oil tanker New Voyage in reduced visibility into the Port of Rotterdam. Photos from KOTUG crew members Dennis