The International Transport Workers’ Federation has raised its concerns over the safety of the Panama Canal’s new locks amid what it says is a

By Kyunghee Park (Bloomberg) — South Korea’s shipbuilding industry — home to the world’s top three manufacturers — has eliminated

Norway’s Statoil has announced it has decided to cancel the contract with Stena Drilling for the mobile rig Stena Don. The rig has been on contract

Dubai-based DP World handled 47.5 million TEU across its global portfolio of container terminals during the first nine months of 2016, with gross container

By David Spaic-Kovacic and Marja Novak PORTOROZ, Slovenia, Oct 25 (Reuters) – Countries led by Japan on Tuesday blocked a move by South American and

Offshore drilling contractor Transocean has announced plans to scrap three rigs previously held for sale. In a fleet update on Tuesday, the Swiss-based company

WASHINGTON — The U.S. Coast Guard is mourning the recent loss of one of its former commandants, Adm. Robert E. Kramek, who died Oct. 20, 2016. Kramek served

SINGAPORE, Oct 25 (Reuters) – Singapore’s Sembcorp Marine Ltd swung to a loss in the third quarter and the rig builder’s revenue was hurt by

By Nikolaj Skydsgaard COPENHAGEN, Oct 25 (Reuters) – Egypt is in talks with global shipping firms to change the way it charges vessels to pass through

Two maritime leaders both choose high strength, lightweight ropes made with Dyneema® for their respective roles in a dramatic salvage operation. A notorious

  Seabrook, Texas – October 24st, 2016 – The Shearer Group, Inc. (TSGI) is pleased to announce the completion of a 200’ x 35’ x 12’ double skin

New Orleans-based OSV company Tidewater Inc. has been given just three more weeks to reach a deal with its lenders and bondholders before it will be forced to

By Grant Smith NEW YORK, Oct 24 (Reuters) – U.S. oil and gas industry workers have contributed only slightly more money to the campaign of Democrat

A proposed vessel-sharing alliance involving some of the world’s biggest container shipping companies has cleared a major regulatory hurdle with approval

Maersk Drilling has announced that it is reducing its headcount at its main office in Copenhagen by about 70 positions. “This is a response to the

Ship Discharged Oily Waste on Voyage from China to Seattle; False Log Books given to Coast Guard Inspectors A district judge in Seattle, Washington has

By Denise Wee (Bloomberg) — Strains are spreading in Singapore’s debt market as more firms in the maritime sector with borrowings coming due grapple

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing

By Abdi Sheikh MOGADISHU, Oct 22 (Reuters) – Somali pirates have freed 26 Asian sailors held captive in a small fishing village for more than four years

By Mike Stone Oct 21 (Reuters) – Huntington Ingalls Industries Inc is in talks to buy government services contractor Camber Corp for nearly $400 million