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International salvage company Five Oceans Salvage reports that the MV Benita, which was under tow from Mauritius and to Alang, India, has sunk approximately

By Peter Coy (Bloomberg) The U.S. and other coastal nations could lose millions of square nautical miles of ocean that are now in their exclusive economic

(Reuters) The Baltic Index, the Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday on

By Mike Wackett (The Loadstar) – Japanese classification society ClassNK is claiming a “world-first” breakthrough finding in the required crack

The Paris MoU on Port State Control is getting ready to launch a 3-month campaign intended to crack down on sub-standard working and living conditions on board

By Kyunghee Park (Bloomberg) — Hyundai Heavy Industries Co. gained the most in more than a year in Seoul trading after the world’s largest shipbuilder

With the seemingly indefinite slump in the North Sea oil and gas industry, it’s no surprise to see a number of companies grappling with the down market

HOUSTON, July 28 (Reuters) – Enterprise Products Partners on Thursday said the first ship to load ethane for export from its new terminal on the Houston

By Mikael Holter (Bloomberg) — Solstad Offshore ASA, a supply vessel company controlled by Kjell Inge Roekke, will merge with rival Rem Offshore ASA in

SINGAPORE, July 28 (Reuters) – Singapore’s rig builder Sembcorp Marine Ltd’s second-quarter profit plummeted 90 percent, as the prolonged

By Harry R. Weber and Naureen S. Malik (Bloomberg) — The Far East, which imports more liquefied natural gas than any other region of the world, is

General Dynamics NASSCO has delivered the latest ECO Class tanker to its longtime customer APT, marking the American shipbuilder’s seventh ship

More trouble for salvors of the MV Benita wreck just a few days they were able to refloat the vessel from the southern shore of Mauritius where it

The U.S. Coast Guard along with good samaritan vessels responded  Tuesday to 46 crewmembers aboard a commercial fishing vessel who were forced to abandon

By Kyunghee Park (Bloomberg) — Hyundai Heavy Industries Co. reported its biggest quarterly profit in three years as the world’s largest shipbuilder cut

By Ilze Filks and Gwladys Fouche OSLO, July 27 (Reuters) – Bored with palm-fringed beaches and turquoise seas? Then the gigantic oil platforms of the

A salvage team from Five Oceans Salvage refloats the wrecked MV Benita from the southern shore of Mauritius, Monday, July 25, 2016. The ship ran aground June

Learn something new today by watching this video breaking down how maritime actually law

The 200-foot tall ship Oliver Hazard Perry is ready to take on its first class of trainees as America’s newest Tall Ship and Rhode Island’s

Check out this video of the future littoral combat ship USS Detroit (LCS 7) completing its acceptance trials earlier this month. The Detroit will be the fourth