A pilot’s inability to respond appropriately to hydrodynamic forces and a lack of communication was found to be the probable cause between a bulk carrier

By Rakteem Katakey (Bloomberg) — Seadrill Ltd., the offshore driller seeking to cut its debt load, agreed to swap bonds for equity in the second such

By Michael McDonald and Naureen S. Malik (Bloomberg) — Panama said it expects 20 million tons of liquefied natural gas to pass through its canal annually

PARIS, June 9 (Reuters) – A second ship equipped with specialist search devices will join the hunt for the “black box” flight recorders and

By Jeb Blount SAO JOAO DA BARRA, Brazil, June 8 (Reuters) – The launch this week of Prumo Logistica’s $3.7 billion Port of Açu, the largest in

The Port of Long Beach has welcomed into service the first of two new state-of-the-art fireboats that will the port help become more ‘big ship’

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards plan to raise a combined 8.41 trillion won ($7.3 billion) selling assets as part of

By Bloomberg News (Bloomberg) — China is speeding up efforts to design and build a manned deep-sea platform to help it hunt for minerals in the South

This video was actually uploaded last December but is just now going viral thanks to Reddit. The video shows the Royal New Zealand Navy’s Protector-class

By Christine Kim and Joyce Lee SEOUL, June 8 (Reuters) – South Korea’s government and central bank will create an 11 trillion won ($9.50 billion)

By Nikita Mathur and Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-biggest shipping company, fell the most in three

U.S. shipbuilders and the greater maritime industry are fighting back against an amendment offered to a draft Puerto Rico debt relief bill currently

By Kyunghee Park (Bloomberg) — South Korea’s prosecutors raided the offices of Daewoo Shipbuilding & Marine Engineering Co. as the world’s

Shipping giant Maersk Group has been called out by a coalition of NGOs over its decision to start sending more of its end-of-life vessels to shipbreaking yards

A handful of shipping industry leaders have teamed up in a joint project to develop a dry bulk carrier concept that uses LNG as a fuel. The project, dubbed

The 13,900 tonne topside for the Ivar Aasen project is on its way to Norway after construction was completed at a shipyard in Singapore. The platform deck was

Foss Maritime has christened its second of three state-of-the-art Arctic Class tugs designed to operate in the extreme conditions up in Alaska and the Arctic

SAO JOAO DA BARRA, Brazil, June 7 (Reuters) – Chevron Corp plans to sign a five-year agreement to lease berthing space for its vessels from U.S. oil

Port terminal owner DP World has won a 50-year concession to build and operate Ecuador’s first deepwater port. The new port will be located in the city

China COSCO Shipping on Monday officially launched the consolidated COSCO Shipping Energy Transportation Co., creating one of the world’s largest tanker