Mike Schuler

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) has been awarded fixed-term contracts by Petrobras for its drillships, West

The Port of New Orleans (Port NOLA) has been awarded $73.77 million by the federal government to support the construction of a major new container terminal on

Maersk is getting ready to resume transits through the Red Sea and Gulf of Aden now that the multi-nation naval coalition Operation Prosperity Guardian is up

The UK Maritime Trade Operations (UKMTO) says it has received reports that a dhow has been hijacked by heavily armed personnel off Eyl, Somalia. Authorities

The shipping industry is turning its attention to green and blue alternatives in order to meet the International Maritime Organization’s (IMO) targets

Australian-based Austal Limited (ASX: ASB) has announced that its U.S. shipyard, Austal USA, has received a $867.6 million undefinitised contract award (UCA)

Following recent attacks on commercial vessels in the Red Sea, shipping companies are facing increased costs due to longer voyages around the Cape of Good

Valaris Limited, a leading offshore drilling contractor, has announced it has exercised its options for the delivery of two newbuild ultra-deepwater

Port Houston reported mixed results in November as containerized imports through the Gulf Coast’s busiest port fall. Import volumes softened to 137,631

The U.S. Department of the Treasury has intensified its efforts to enforce the price cap on Russian oil by taking action against shipowners and vessels

Danish energy company Ørsted has announced its final investment decision (FID) on Hornsea 3, the world’s largest single offshore wind farm. With a

The European Union Naval Force (EUNAVFOR) is continuing to closely monitor the situation of the hijacked Maltese-flagged MV Ruen in cooperation with local

In the wake of missile attacks on merchant ships in the Red Sea, global consumers are set to face the repercussions as supply chains descend into chaos.

In response to the escalated security situation in the Red Sea, Danish shipping giant Maersk, the world’s second-largest container shipping line, has

Elon Musk’s SpaceX continues to penetrate the market for maritime satellite communications with Overseas Shipholding Group announcing an agreement to

U.S. Secretary of Defense Lloyd Austin has formally announced the initiation of multi-national security initiative, known as Operation Prosperity Guardian, as

An escalation of attacks against Red Sea shipping by the Iran-backed Houthi militant group in Yemen has led to shipping giants pausing Red Sea voyages, changes

OSG, a leading energy transportation provider, has unveiled its plans for a comprehensive lifecycle engine upgrade (LCU) program for its Alaskan tanker fleet.

Industry analysts warn that the recent missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could have

Maersk, the world’s second-largest shipping line, has announced a temporary pause in voyages through the Bab-el-Mandeb strait due to the increasing