News

Global maritime piracy has so far declined in 2017 compared to 2016 with a total of 121 incidents of piracy and armed robbery against ships reported in the

The first offshore wind farm to use floating wind turbines has started producing power for the Scottish energy grid in what could be the start of offshore

The Gulfport Fire Department helped the U.S. Coast Guard put out a fire aboard the Coast Guard Cutter Brant while moored in Gulfport, Mississippi on Wednesday.

By David Wethe (Bloomberg) — Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost

SEOUL (Reuters) – South Korea and the United States began week-long joint Navy drills in the waters around the Korean peninsula on Monday, amid high

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — Congressional Republicans have found a way to use the federal budget to open the Arctic

Netherlands-based heavy lift shipping company Jumbo Shipping has teamed up up German project cargo specialist BBC Chartering to launch an exclusive alliance

The Panama Canal Authority has reported better-than-forecasted transit figures in 2017 while simultaneously setting set a new overall tonnage record driven by

Transocean Ltd. (NYSE:RIG) announced Tuesday that its ultra-deepwater drillship Deepwater Invictus has been awarded a two-year contract with options by a

One of the world’s largest containerships docked at the EUROGATE Container Terminal in Wilhelmshaven, Germany on Monday during its maiden voyage from

By Javier Blas (Bloomberg) — Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting the

By Gavin van Marle (The Loadstar) – After eight consecutive weeks of declining spot freight rates on the headhaul legs between China and the US, the

By Julia Simon and Nidhi Verma NEW YORK/NEW DELHI, Oct 17 (Reuters) – India is set to emerge as a key market for American crude exports in coming months,

By Yimou Lee and Thu Thu Aung YANGON, Oct 17 (Reuters) – China has agreed take a 70 percent stake in a strategically important sea port in Myanmar,

BSEE Gulf of Mexico Region Director Lars Herbst on Monday initiated a Panel Investigation Monday into an oil release from subsea infrastructure located about

The U.S. Coast Guard was continuing to coordinate search efforts for a missing man on Monday after an explosion on an oil platform in Lake Pontchartrain near

New Orleans-based oil services company Tidewater Inc. (NYSE: TDW) announced today that Jeffrey Platt has decided to retire from his roles as

A pretty scary situation in the southern England last Friday as a tanker pulled up an old test torpedo when it raised its anchor in Portland. A diving unit

This column does not necessarily reflect the opinion of gCaptain. By Stephen Mihm (Bloomberg View) — Repealing the so-called Jones Act, which is slowing

By Clodagh Kilcoyne LAHINCH, Ireland, Oct 16 (Reuters) – Three people died as Tropical Storm Ophelia battered Ireland’s southern coast on