Turkish maritime authorities have published some terrifying video showing a cargo ship breaking in half in a matter of minutes. The incident took place January

By Katarina Hoije (Bloomberg) – One of the world’s largest operators of floating power plants is in talks to bring power to two West African

DUBAI, Jan 29 (Reuters) – A move by South Korea towards releasing $7 billion in frozen Iranian funds may help spur Iran’s judiciary to resolve the

The NOAA Ocean Prediction Center is predicting seas in excess of 60 feet associated with a low pressure system that has rapidly intensified in the North

By Yew Lun Tian and Fathin Ungku BEIJING (Reuters) – China said on Wednesday it was seeking details about 25 of its nationals who were among 61 crew on

By Jenny Leonard and Josh Wingrove (Bloomberg) — The Biden administration has former President Donald Trump’s so-called phase-one trade deal with

The Maersk Essen arrived this week at an anchorage at Mexico’s Port of Lazaro Cardenas after losing some 750 containers overboard as it sailed across the

By Brendan Murray – Ship congestion around the ports of Los Angeles and Long Beach hit an unprecedented level, worsening the bottleneck at the busiest

Press Release – The launch of ABB’s CEMcaptain will help shipping comply with the sulphur emission regulations that were enforced in 2020, and keep in

Press Release – ABB has secured a contract with Haemin Heavy Industries shipyard to provide a complete power and propulsion solution for Busan Port

by John Konrad (gCaptain) Yesterday we wrote that shares of the offshore drillship company Transocean ($RIG) were surging on retail investor interest in highly

The National Transportation Safety Board has released its investigation report into the 2019 loss of the F/V Miss Annie after the fishing vessel struck a

By Andy Hoffman (Bloomberg) — Trafigura Group boosted its shipping fleet by 70% in April last year to profit from the wild price swings in the oil

The U.S. Coast Guard will hold a formal public hearing to consider evidence related to the deadly sinking of the fishing vessel Scandies Rose. The 130-foot

By Jonathan Saul LONDON, Jan 28 (Reuters) – A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi

The owner of the MV Mozart has made contact with fifteen crew members abducted from the vessel during a violent and deadly pirate attack in the Gulf of Guinea

SINGAPORE, Jan 28 (Reuters) – Singaporean conglomerate Keppel Corp said on Thursday its struggling offshore and marine (O&M) segment will

by Captain John Konrad (gCaptain) In May 2020 I wrote an article sharing the fact that Transocean ($RIG) was the biggest loser stock of the last decade. At the

Privately-held satellite communications provider Inmarsat has upgraded the majority of the active fleet of major offshore supply vessel provider Tidewater to

Press Release – Today, Alfa Laval and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping announced that they have formalized a strategic