News

Here are some photos and video (below) from the U.S. Coast Guard showing a crude oil tanker trying to free itself from mud off Galveston, Texas on Tuesday. The

Hong Kong-based Orient Overseas (International) Limited (OOIL) revealed Wednesday that it has entered into shipbuilding contracts with Samsung Heavy

Some amateur video has captured the moment a large freighter ran aground in the Delaware River near the Burlington Bristol Bridge on Wednesday. The

Mexican state-run oil company Pemex said on Wednesday it had evacuated around 300 workers after a fire broke out on an oil platform in the Gulf of Mexico, with

The U.S. National Transportation Safety Board (NTSB) today released its “Safer Seas 2014: Lessons Learned From Marine Accident Investigations”

A Canadian Coast Guard buoy tender is taking on water after running aground off the southern coast of Newfoundland. Joint Task Force Atlantic reports that it

Cargo congestion at the two busiest U.S. container ports has eased considerably in the six weeks, but port officials said it would take several more weeks for

Overall confidence levels in the shipping industry fell during the three months to February 2015 to their lowest level for two-and-a-half years, according to

A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad

Noble Corporation’s ultra-deepwater semi-submersible drilling rig Noble Jim Day was running 20-inch casing last week at Walker Ridge 508 when sources

Oil cavern space at the Louisiana Offshore Oil Port sold for 10 cents a barrel a month at an auction on Tuesday, offering a glimpse into the value of storage

Two crew are lucky to be alive after narrowly escaping a capsized tug just before it sank Monday night in strong winds and poor visibility near Southampton,

The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and

The Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure are to buy a 30 percent stake in Associated British Ports for about 1.6 billion

MSC Mediterranean Shipping Company has announced the delivery and inauguration of the MSC Oliver, the second ship in the company’s 19,224 TEU ‘Olympic

A rise in illegal fishing off Somalia could spark a resurgence in piracy, United Nations and Somali fishing officials have warned, nearly three years after the

A Maersk containership ran aground in the Netherlands Tuesday morning as it approached the Antwerp area. Maersk Line spokesperson Michael Storgaard confirmed

Australia’s military shipbuilding industry needs to cut costs and become more productive to win contracts as the government seeks to buy 40 ships and

After literally years of hype, Allseas’ Pioneering Spirit (formerly Pieter Schelte) did not disappoint yesterday when I had the opportunity to see her up

China Rongsheng Heavy Industries Group Holdings Ltd., the shipyard that has become symbolic of a credit glut gone wrong, said a spate of canceled orders led to