News

French oil services company Bourbon Offshore has confirmed that two crew members kidnapped from their vessel off the coast of Nigeria last month have been

By Oleg Vukmanovic MILAN, March 25 (Reuters) – Dozens of liquefied natural gas (LNG) tankers parked in and around Qatari export facilities – the

By Ben Blanchard and J.R. Wu BEIJING/TAIPEI, March 25 (Reuters) – China reacted frostily on Friday after Taiwan ally Panama said it had invited leaders

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted annual profit that exceeded analyst estimates as cost

KUALA LUMPUR, March 25 (Reuters) – About 100 Chinese fishing boats have been detected encroaching in Malaysia’s waters in the disputed South China

By Marianna Parraga and Alexandra Ulmer HOUSTON/CARACAS, March 24 (Reuters) – Serious delays to load and unload vessels at Venezuela’s main crude

A giant crane was used to lift a sunken tugboat from the bottom of the Hudson River almost two weeks after it collided with a barge and sank at

TOKYO, March 24 (Reuters) – Japan’s whaling fleet returned on Thursday from its Antarctic hunt after a year-long suspension with a take of more

The severely damaged MV Sparna has reached a safe berth at a North Kalama, Washington pier on Wednesday afternoon two days after the bulk carrier ran aground

By Naureen S. Malik and Stephen Stapczynski (Bloomberg) — The global LNG boom is turning into a war of attrition amid a glut in the seaborne natural gas

The official trailer for the big-budget flick “Deepwater Horizon” starring Mark Wahlberg was released Wednesday, giving a first

By Justin Bachman (Bloomberg) — Take a European riverboat cruise and you get a 13th-century cathedral, vineyards lining the Douro, steaming mulled wine

NOAA’s Office of National Marine Sanctuaries (ONMS) and the U.S. Navy announced on Wednesday the discovery of the wreck of USS Conestoga in the Greater

The U.S. Bureau of Ocean Energy Management (BOEM) has made two major steps recently in the development of offshore wind energy projects in federal waters

By Michael McDonald and Naureen S. Malik (Bloomberg) — The expansion of the Panama Canal, a $5.3 billion project almost two years behind schedule and

WASHINGTON, March 23 (Reuters) – A U.S. Navy tug missing since 1921 has been discovered sunk off San Francisco, officials said on Wednesday, solving a

Inspections of the listing MV Sparna have revealed significant damage to the ship’s hull below the water line as a result of its grounding on the

HAMBURG, March 23 (Reuters) – German container shipping group Hapag-Lloyd said it expected a clear increase in operating profit (EBIT) this year thanks

By Dinesh Nair, Francois de Beaupuy and Ruth David (Bloomberg) — Bourbon SA Chairman Jacques de Chateauvieux is considering a bid to take the French oil

March 23 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday,