News

Louisiana-based offshore company Seacor Marine (NYSE:SMHI) has formed a jointly-owned company with China’s COSCO Shipping, one of the world’s

WASHINGTON, Jan 16 (Reuters) – The commanding officers of two U.S. Navy destroyers involved in deadly collisions last year in the Pacific Ocean face

By Jonas Bergman (Bloomberg) — Norway’s wealth fund dumped a series of companies involved in making nuclear weapons and excluded others based on human

By Yuka Obayashi TOKYO, Jan 16 (Reuters) – Japan sees little chance of the oil spill from a stricken Iranian tanker that sank on Sunday in the East China

By Jacob Gronholt-Pedersen COPENHAGEN, Jan 16 (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to

By Robert Tuttle (Bloomberg) — Oil reached new highs in London as OPEC members called for output curbs to continue, allaying concerns that the recent

A unified command consisting of the U.S. Coast Guard, United States Army Corps of Engineers and industry partners was continuing Monday to response to barge

By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc made one of its biggest commitments to the North Sea in 30 years, with plans to redevelop the

By Ali Kucukgocmen ISTANBUL, Jan 15 (Reuters) – Turkey announced on Monday the route for a planned canal that would reduce shipping traffic on the busy

By Yuka Obayashi and Josephine Mason TOKYO/BEIJING, Jan 15 (Reuters) – A stricken Iranian tanker that sank in the East China Sea on Sunday in the worst

Update: A 42-year-old woman passenger who was taken to the hospital in critical condition has died, according to local officials. By Renita D. Young NEW YORK,

BEIJING, Jan 14 (Reuters) – An Iranian oil tanker has sunk after burning for more than a week following a collision on Jan. 6 in the East China Sea,

HELSINKI, Jan 12 (Reuters) – The Finnish government has voiced concern over surprise inspections on Finnish cargo ships visiting Russian ports in recent

By Mike Wackett (The Loadstar) – Escalating fuel prices are posing a renewed risk to carrier profitability, adding to the twin threats of new

By Yuka Obayashi TOKYO, Jan 12 (Reuters) – A stricken Iranian oil tanker continued exploding on Friday, hampering rescue efforts, Chinese state

By Mikael Holter (Bloomberg) — After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s

KUALA LUMPUR, Jan 10 (Reuters) – Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $70 million if it finds the missing

By Valerie Volcovici WASHINGTON, Jan 11 (Reuters) – Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local

By Jennifer A. Dlouhy (Bloomberg) — Interior Secretary Ryan Zinke just handed offshore drilling foes ammunition for lawsuits by declaring the Florida

The American Maritime Partnership (AMP), the member-driven coalition representing the U.S. domestic maritime industry on policy issues, has announced that Matt