MILAN, Feb 2 (Reuters) – Italian shipbuilder Fincantieri said on Friday it had bought a 50 percent share in STX shipyards from France, in a deal expected

The U.S. and Canadian Coast Guard have renewed an icebreaking partnership in the Great Lakes and St. Lawrence Seaway marine transportation system with the

SINGAPORE, Feb 2 (Reuters) – Crisis-wracked commodity trader Noble Group said on Friday said proposed agreements to sell four dry bulk carrier vessels

By Mike Wackett (The Loadstar) – Container lines are estimated to have made an accumulated profit of $7bn last year and, according to Drewry, should

Feb 2 (Reuters) – The Baltic Exchange’s main sea freight index, ended the week over 10 percent lower on Friday, as rates fell across all vessel

by David M. Levitt (Bloomberg) — America may never recover its glory as a manufacturing powerhouse, but the Brooklyn Navy Yard is doing what it can,

A 293-meter containership is adrift off British Columbia, Canada after suffering an engine fire which knocked out power to the vessel. Canadian search and

by Osamu Tsukimori (Reuters) – Clumps of oil have washed up on the shores of southern Japan and there are fears they may be leaking from an Iranian crude

SINGAPORE, Feb 2 (Reuters) – Several former executives of Keppel Corp have been arrested by Singaporean authorities in a probe related to charges its

By Jonathan Saul LONDON, Feb 1 (Reuters) – Changes to the Baltic Exchange’s main sea freight index has created the possibility of it becoming a

Bermuda-based shipping company Teekay has taken delivery of the icebreaking LNG carrier Eduard Toll, which has now completed its first unescorted trip across

  In this segment of the podcast Admiral Buzby shares his vision for the U.S. maritime industry. In case you missed it, you can view Part 1 of Klaus

The Port of Houston set new records in 2017 in terms of overall tonnage and TEUs handled, the Port of Houston Authority revealed this week. Port Houston

BEIJING, Feb 1 (Reuters) – Chinese salvage crews are still trying to remove 1,900 tonnes of bunker fuel, the heavy oil used in ship engines, from a

Both Chevron and Royal Dutch Shell on Thursday announced major deepwater oil discoveries at two separate wells located in the U.S. Gulf of Mexico. Both finds

By Alaric Nightingale (Bloomberg) — The Baltic Dry Index, a decades-old measure of shipping costs viewed by some investors as a leading

by Arpan Varghese (Reuters) – The Baltic Exchange’s main sea freight index extended its slide to a fourth straight session to touch a near six-month

By Adam Williams (Bloomberg) — In the span of a few hours, Royal Dutch Shell Plc became the new king of Mexico’s deep waters. The super major