News

Seadrill Ltd., the offshore oil driller controlled by billionaire John Fredriksen, said the rig market is unlikely to recover for at least two years following

Global trade in liquefied natural gas will exceed $120 billion this year, taking it past iron ore as the most valuable commodity after oil, Goldman Sachs Group

This is how much size matters in the shipping industry: Bragging rights for the world’s largest container ship have changed hands four times in as many

The Port of Rotterdam Authority said on Thursday its net profit for 2014 fell 4.9 percent to 215 million euros ($237 million) on higher financing

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the

The following video was filmed aboard the FPSO Cidade de São Mateus after an explosion that killed nine people on 11

Here's some video captured from the bow of the U.S. Navy third Littoral Combat ship, USS Fort Worth, as it transited the East China Sea towards South

Norwegian shipping company Golar LNG and Russian oil giant Rosneft have signed a preliminary agreement to develop floating liquefied natural gas (LNG) plants

UAE-based rig builder Lamprell has delivered their latest newbuild jack-up, Greatdrill Chaaru, to their customer Greatship Global Energy Services Pte. Ltd.

The crewboat Diamond Edge, owned by Jewel Marine allided was involved in a collision with the Halliburton-owned liftboat B.W. Haley at around 10am on

Update: The fire was brought under control as of 6:40 p.m. Wednesday, Port Metro Vancouver said in a update. The update said that smoke continued to diminish

A team of researchers led by Microsoft co-founder Paul Allen has discovered a long-lost Japanese battleship that was sunk during WWII with the loss of over

China Rongsheng Heavy Industries Group Holdings Ltd., once the country’s largest private shipyard, said it will not proceed with a proposed warrant sale

The MV Maersk Garonne departed Fremantle Inner Harbour Tuesday after an inspection of the vessel found no significant damage from Saturday's

The tow of the stricken MV Lysblink Seaways commenced Wednesday exactly two weeks after the ship ran aground along with western coast of Scotland.

At least 10 North African migrants died when their rubber boat overturned in the southern Mediterranean while almost a thousand more were rescued in a single

Bourbon SA, a French supplier of ships and crew to oil and natural gas producers, said margins may drop this year following a 36 percent profit slump in 2014

U.S. -based offshore support vessel owner Edison Chouest Offshore (ECO) has awarded Rolls-Royce a contract today to supply azimuth main propulsion, propulsion

Navy and local firefighters in Portsmouth, Virginia responded Tuesday to a fire aboard a U.S. Navy amphibious dock landing

A smooth start to operations at BG Group's Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas