News

“We are seeing downside momentum now develop in the

In its heyday, Bagamayo was a gateway to the heart of Africa for colonisers, with trade goods surging in from the Indian Ocean, and timber, ivory and countless

A World Bank tribunal has ordered Venezuela to pay oil service company Tidewater around $46 million in compensation for seized vessels, in a decision the South

One person has died and three others were rescued Saturday after their tug sank one mile from Fire Island National Park, New York, the Coast Guard has

In a joint effort last night by Crowley and Signet Maritime, 8 tugs hooked up to Chevron’s Big Foot semi-submersible production platform in Corpus

By Aung Hla Tun YANGON, March 14 (Reuters) – About 50 people were believed to have drowned off Myanmar when a ferry sank in bad weather, government

The world's largest container shipping company has named Pierre Danet, current Vice President and regional CFO of Hewlett Packard Printing and Personal

A Scandlines ferry in dock at the Remontowa shipyard in Gdansk, Poland for planned upgrades is getting an unexpected extended stay. The ferry Prinsesse

A crewboat damaged in a collision with a liftboat off the Louisiana coast earlier this month has been salvaged and is heading to a shipyard for repairs. On

An employee of Japan-based NYK has pleaded guilty and was sentenced to 15 months in a U.S. prison for his involvement in a price fixing conspiracy for Ro-Ro

Here is some tilt-shift video showing a anchor handling operations aboard an AHTS. Tilt-shift photography uses a special high angle lens that creates the

Glencore Plc was ordered to pay just over $40 million to OMV Petrom SA by a U.K. court for fraudulently shipping oil of a lower-than-purported quality to

Turkish coastguards found more than 300 refugees, mostly Syrians, when they seized a cargo ship they had opened fired on for failing to obey an order to stop

The UK Marine Accident Investigation Branch has released some new photos showing the damage to the containership MV Ever Smart and oil tanker Alexandra 1

About a dozen U.S. drilling executives, including ConocoPhillips Chief Executive Officer Ryan Lance, were in Washington this week trying to persuade White

"Offshore energy exploration and production could be an economic game changer for South Carolina," says Congressman Jeff Duncan (R-SC) in a press statement

Owners may demolish 40 million deadweight tons of dry bulk carriers, more than double last year’s total, according to Arctic Securities ASA in Oslo.

Dolphin Drilling Ltd says today they have received a termination for convenience notice from Anadarko Petroleum Corporation for the contract of their Belford

CGG SA Chief Executive Officer Jean-Georges Malcor said he would welcome a commercial partnership deal for seismic oil surveys with Technip SA, after spurning

Turkish shipbuilder Sanmar built 17 tugboats last year, including one pictured above, the Yenicay 1.  It was the most tugs ever built by Sanmar in a calendar