Mississippi Governor Phil Bryant and officials from Edison Chouest Offshore (ECO) announced Monday the company is locating shipbuilding operations at

By David Wethe (Bloomberg) — Diamond Offshore Drilling Inc. is turning over care and handling of the massive rig safety devices designed to stop well

Feb 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new

By Sam Whelan (The Loadstar) Maersk Line is preparing an awareness campaign to alert shippers to container weighing regulations that come

The influential education-research company Princeton Review, just published its 2016 annual college handbook and ranked the State University of New

(Reuters) A conservation group said the federal government must stop approving offshore fracking from oil platforms in California’s Santa Barbara Channel

By Angeliki Koutantou and Brenda Goh (Reuters) ATHENS/SHANGHAI, Feb 5 China’s COSCO is expected to make an offer for Greece’s rail network

The RORO Modern Express is reflected in water on the dock as it lists at a mooring in the port of Bilbao, in Zierbena, northern Spain, February 4, 2016.

by Hashem Kalantari  Deena Kamel  (Bloomberg) Iran will start sending 300,000 barrels a day of crude to Europe, 54 percent of the total it

By Rick Spilman – “The Finest Hours” is far from a perfect movie. Nevertheless, it recounts a remarkable story of heroism at sea that is well worth

(Bloomberg) — “You either grow or die.” To Edie Rodriguez, president and CEO of Crystal Cruises, those words weren’t just lip service for the

A German containership has been damaged after being struck from behind by another cargo ship in the Kiel Canal. The incident occurred Friday morning in the

The CSCL Indian Ocean, one of the world’s biggest containerships, is still stuck on the Elbe River after the giant containership ran aground on its

A new report by NGO Shipbreaking Platform reveals that more than 60% of 768 ships sold for scrap last year were broken on the beaches of India, Pakistan

Crowley Maritime Corp. has christened its second LNG-ready product tanker for use in the Jones Act coastwise trade. The 50,000 dead-weight-ton (dwt),

By Javier Blas (Bloomberg) — After a year of low oil prices, only 0.1 percent of global production has been curtailed because it’s unprofitable,

A major development today in the ongoing saga to save the SS United States from a trip the scrapyard. Los Angeles-based Crystal Cruises says it has signed a

By William Bennett,  (VesselsValues.com) – Both the BDI and the BCI have been hitting successive record lows. Capesize rates fell below $2000pd in

Updates: CSCL Indian Ocean Grounding One of the world’s biggest containerships is hard aground in Germany’s Elbe River leading to the port of

Update (Feb 5): The Baltic Dry Index dropped one point to 297 points on Friday, making for nine straight sessions of losses. The capesize index