News

The drugs and stowaways were discovered by Navy divers inside a secret compartment of the Cyprus-flagged "Prisco Alexander" located near the

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a marine engine manufacturer, announced today that it has developed a new system to

In an SEC filing yesterday, Diamond Offshore says at least six of their rigs are likely to lose their contracts. Diamond says a verbal notification came from

Lithuanian Energy Minister Rokas Masiulis is in the United States this week and is expected to seek political support from the U.S. for natural gas supplies to

Norwegian engineering firm Aibel has won a contract worth 8 billion crowns ($1.05 billion) from Statoil to build a drilling platform for the Johan Sverdrup

Swire Bulk Logistics, the shipping division of The China Navigation Company (CNCo), has announced today a long term partnership with New Zealand’s Golden

BP Plc exported nearly 670,000 barrels of minimally processed super-light crude oil from the Houston Ship Channel more than a week ago, according to

SEACOR Holdings Inc. has announced this week that Oivind Lorentzen has resigned from his post as Chief Executive Officer and will continue as a director and

“Our focus now is getting cargo moving,” Chad Lindsay, PMA’s vice president said at the news conference. “There have been significant impacts to many

Shipping corridors used by Gulf energy exporters are not at risk from violence and political volatility in Yemen and the seizure of swathes of territory in the

Singapore-based ship owner Pioneer Marine entered the dry bulk sector in 2013 on the only upswing the industry has seen in the past three years, and since then

The United States government has paid the Philippines $1.96 million in damages for the grounding of the USS Guardian on the protected Tubbataha Reef in January

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM) have released proposed regulations that they

JAXPORT’s Board of Directors on Monday unanimously approved an expanded, long-term lease with Crowley Liner Services Inc., a subsidiary of the

The DFDS Seaways cargo ship 'Lysblink Seaways' is continuing its battle against the elements after running aground last week and later self-floating off the

Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to

The Canadian Coast Guard has freed the 26,500 gross ton bulk carrier MV Arthur M. Anderson from heavy ice on the southern shore of Lake Erie near Conneaut

On February 21, 2015, the multi-purpose cargo carrier Nordana Sky was launched from Ferus Smit Shipyard in Leer, Germany.  The Nordana Sky is the first

Royal Caribbean’s second Quantum-class cruise ship, Anthem of the Seas, was floated out of the covered building dock of the Meyer Werft shipyard in

Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting