News

By Kyunghee Park and Kyungji Cho (Bloomberg) — More than two years after announcing a 3.3 trillion won ($2.7 billion) bailout of the Hyundai Group,

By Jennifer A. Dlouhy (Bloomberg) — Environmentalists emboldened by President Barack Obama’s rejection of the Keystone XL pipeline are now trying to

An offshore wind farm jack-up barge has capsized off the coast of Denmark one week after running aground in a separate incident. A2SEA has confirmed that

An unladen tanker had a tough time navigating the Mississippi River near New Orleans on Tuesday, crashing into a water tank tower followed by a pier

By Sam Kim (Bloomberg) — North Korea will launch a long-range rocket to put a satellite in orbit this month, a United Nations agency said, in a move that

Bristow Helicopters has confirmed that eleven people have been rescued after one of its helicopters was involved in a controlled water landing near Lagos at

Feb 3 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, tumbled to another

Video shows the November 2015 sinking of a former Mexican Navy patrol boat off the coast of Rosarito, Mexico to create the first artificial reef in Baja

Jensen Maritime has been selected to design two new escort/rescue tugboats for McAllister Towing. The boats, to be named Brian A. McAllister and the

Apparently this guy was a local legend down in Brazil. He was known around the port of Aracaju as Zé Peixe, or Joe Fish, aka the swimming pilot. He spent

Vard Marine will design an Antarctic icebreaking vessel for the Chilean Navy. Operating throughout the Southern Ocean, the 125-meter long ship will provide

The Maritime Union of Australia (MUA) is protesting over the federal government’s award of a special license to Pacific Aluminium allowing the company to

South African Salvage Master Nick Sloane has joined Resolve Marine Group as Senior Salvage Master.  Sloane has been in the business for decades but is

Check out this photo from January 29th in the westernmost North Sea as a Hurricane Force low was rapidly developing in the northeast Atlantic, producing

OSLO, Feb 2 (Reuters) – Owners of ships serving the oil industry will be exempt from paying license fees for 2016 on vessels that have been mothballed,

By Jonathan Saul LONDON, Feb 2 (Reuters) – Cleartrade Exchange is expanding its commodities business, aiming to boost fertiliser and bunker fuel

(ICC International Maritime Bureau) – Piracy and armed robbery on the world’s seas is persisting at levels close to those in 2014, despite reductions

Update (Feb. 2, 2016): The tug Centaurus towing the Modern Express entered Spanish waters overnight as the convoy approached the port of Bilbao at a speed of 3

CHICAGO, Feb 1 (Reuters) – Outer Harbor Terminal LLC filed for Chapter 11 bankruptcy protection on Monday, two weeks after terminating its lease held in

SAO PAULO, Feb 1 (Reuters) – A Brazilian judge sentenced the former head of state-run oil company Petrobras’ international division to 12 years and