News

By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is a conglomerate with about 900 different divisions, but investors only really need to worry

Inmarsat plc has confirmed that its Global Xpress constellation achieved global commercial service introduction in December last year. Global Xpress is a

The British Columbia Oil and Gas Commission (OGC) has given approval to LNG Canada’s proposed LNG export facility, which will be located on 350-400 hectares

By Will Dunham WASHINGTON, Jan 9 (Reuters) – The U.S. Navy released black-and-white video on Saturday it said was taken by an American helicopter showing

MUMBAI, Jan 10 (Reuters) – India’s Reliance Defence Ltd has signed an accord with a provincial government to set up a naval facility along the

By Mike Wackett (The Loadstar) – The seemingly never-ending quest by ocean carriers to operate bigger ships was a significant spur for orders for 60

By Adam Williams (Bloomberg) — While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos

By Jacob Gronholt-Pedersen and Liz Hampton SINGAPORE/HOUSTON, Jan 8 (Reuters) – Oil traders in Asia are running the numbers on importing Alaskan crude,

Travel and leisure company Carnival Corporation & plc is expanding its global fleet to meet rising demand for cruise vacations. As part of its fleet

Jan 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, continued its run of

This video was filmed in 2012 after the tugboat Miss Stacy became pinned broadside against a construction barge at the Memorial Bridge in Portsmouth,

San Diego shipbuilder General Dynamics NASSCO marked 2015 with the delivery of three lead ships: USNS Lewis B. Puller, the Isla Bella and the Lone Star State,

VIKING Life-Saving Equipment says it has received type approval for its record setting 81-meter evacuation chute developed in response to the increasingly

(Drewry) – Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an

By Jonathan Saul LONDON, Jan 7 (Reuters) – The world’s second biggest container shipping line, MSC, has become the latest firm to resume direct

Maritime union groups around the world are closely monitoring a dispute over the replacement of the Australian-flagged bulk carrier MV Portland

Jan 7 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying industrial commodities, fell to a record low

LONDON/FRANKFURT, Jan 7 (Reuters) – Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of

Video from Maine Imaging Photography showing the U.S. Navy’s Zumwalt (DDG-1000) entering Portland Harbor following sea trials in December. The Zumwalt is

By Jasmine Ng (Bloomberg) — Iron ore cargoes from Australia’s Port Hedland climbed last month to cap a record year as billionaire Gina Rinehart’s Roy