News

By Gwladys Fouche and Joachim Dagenborg OSLO, Jan 31 (Reuters) – Oil rig firm Seadrill is looking to raise at least $1 billion in new capital as it

TOKYO, Jan 31 (Reuters) – Japan’s top three shippers, Nippon Yusen KK (NYK), Mitsui OSK and Kawasaki Kisen Kaisha pared their full-year loss

The two crewmembers of the bulk carrier Shanghai Spirit were seriously injured in a scaffolding accident at Port Alma in Queensland, Australia on Sunday.

The new locks of the Panama Canal saw another milestone on this month with the successful transit of TradeWinds Towing tug Hollywood and barge JMC

The third and final Coast Guard Marine Board of Investigation hearing into the loss of the American cargo ship El Faro has been scheduled for next month in

SANAA, Jan 30 (Reuters) – Houthi militants attacked a Saudi warship with three boats off the western coast of Yemen on Monday, causing an explosion that

Russian shipping company Sovcomflot (SCF) says its new arctic shuttle tankers have now transported one million tonnes of crude oil from the Yamal Peninsula to

John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of

By Andrew Osborn MURMANSK, Russia, Jan 30 (Reuters) – The nuclear icebreaker Lenin, the pride and joy of the Soviet Union’s Arctic great game, lies

OSLO, Jan 30 (Reuters) – A gas tanker from Oslo-listed shipping company BW LPG has collided with an Indian ship off the coast of Chennai in India, a BW

By Tom Hals WILMINGTON, Del., Jan 30 (Reuters) – Shipping company Toisa Ltd filed for U.S. Chapter 11 bankruptcy as falling demand for the

MIAMI, Jan 27 (Reuters) – Two Florida ports have canceled plans to sign cooperation pacts with Communist-ruled Cuba after state Governor Rick Scott

A few days ago we showed you pictures of the U.S. Coast Guard icebreaker Polar Star clearing a navigation channel to McMurdo Station, Antarctica. Today here

The U.S. Coast Guard held a memorial service Friday in remembrance of the 23 lives lost after the Coast Guard Cutter Blackthorn collided with tanker and sank

Statoil Petroleum AS has chartered thirteen vessels, including 9 AHTS and 4 PSVs, for work offshore Norway as the company boosts its exploration activities for

A 371-ft cargo vessel named Kraken has been scuttled off Galveston, Texas to create a new artificial reef for fishermen and divers in the Gulf of Mexico. The

Jan 27 (Reuters) – Finnish ship technology and power plant maker Wartsila posted better-than-expected profits and new orders in the fourth quarter as

Florida governor Rick Scott threatened to cut state funding for any Florida ports looking to do business with Cuba. The warning from Governor Scott, delivered

BERLIN, Jan 26 (Reuters) – The German Defence Ministry on Thursday said it would skip an open tender for the planned purchase of five more corvettes

The port operating units of French shipping company CMA CGM and China’s COSCO Shipping have signed a Memorandum of Understanding to strengthen their