News

Dutch marine contractor Boskalis says its joint venture Fehmarn Belt Contractors has been awarded a $334 million contract related to the construction

Some sobering comments from the head of the world’s largest shipping association on the perilous state of dry bulk market, currently in the grips of the

A U.S.-flagged freighter that spent Memorial Day weekend hard aground in Lake Superior is still stuck Tuesday as salvage crews continue on plans to refloat the

By Aradhana Aravindan and Keith Wallis SINGAPORE, May 31 (Reuters) – Not everyone in shipping is bemoaning the industry’s worst crisis in living

By Kyunghee Park (Bloomberg) — South Korean shipbuilder STX Offshore & Shipbuilding Co. filed for court protection, the latest trouble to surface in

SYDNEY, May 30 (Reuters) – Australia’s Fortescue Metals Group Ltd has won a tender to become the second provider of marine towage services at the

By Mikael Holter (Bloomberg) — Norway’s oil companies and the industry’s biggest union had set aside two days to negotiate over wages for offshore

Maersk Drilling has entered into a definitive agreement to acquire the newbuild harsh environment jack-up rig from struggling rival Hercules Offshore (Nasdaq:

ROME, May 28 (Reuters) – An Italian marine who Indian prosecutors accuse of murdering two fishermen during an anti-piracy mission returned home on

Australian authorities have detained a Panama-flagged bulk carrier in Brisbane after officials found that the crew was untrained in the operation of the

The removal of fuel and all hazardous materials from the stranded bulk carrier Los Llanitos concluded earlier this month as the salvage now moves to

Lying below the surface of the bay and extending from the tip of Sandy Hook to the south shore of Long Island is a series of shoals that separate

By Letitia Stein TAMPA, Fla., May 26 (Reuters) – U.S. investigators on Friday concluded two weeks of hearings into the sinking of cargo ship El Faro in a

May 27 (Reuters) – Brazilian police said this week they were investigating local units of three international steelmakers in a massive corruption

By Benjamin Katz (Bloomberg) — The joint venture that is building two aircraft carriers for the U.K.’s Royal Navy is fighting to meet a 6.2 billion

By Bate Felix PARIS, May 27 (Reuters) – French CGT union members at the CIM, an oil storage and supply services company which handles about 40 percent of

The 28th annual Fleet Week New York kicked off Wednesday with a parade of ships past the Verrazano Bridge and into New York Harbor. The week long

By Mike Wackett (The Loadstar) – Maersk Line’s aggressive growth strategy in the first three months of this year was a contributing factor in the 23%

By Valerie Volcovici and Emily Stephenson BISMARCK, N.D., May 26 (Reuters) – Donald Trump, the presumptive Republican presidential nominee, promised on

A good samaritan fishing vessel rescued four survivors from the Atlantic Ocean following a collision involving two U.S. Navy fighter jets 25 miles east of