News

Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third

A piece of aircraft debris found on a remote South Pacific atoll is reinforcing speculation that a sonar anomaly detected in 2012 just off the island is in

French container shipping company CMA CGM Group says it will be retrofitting 10 additional vessels with new bulbous bows that are better suited for current

Carnival Cruise Lines’ president and CEO Gerry Cahill announced Thursday that he will be retiring effective November 30 after 20 years with the company.

Suncor Energy Inc will look regularly at the economics of shipping Western Canadian crude from the country's East Coast to markets overseas, Chief Executive

The British Royal Navy reports that HMS Argyll, a Type 23 frigate, has seized $15M (10M Pounds) worth of cocaine from a drug smuggling yacht off the coast of

40-year-0ld Jan Rindbo has resigned from his post today as Chief Operating Officer at Pacific Basin Shipping, one of the world’s largest dry cargo

South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it's heading for its

Panama Canal Pilats face major operational issues with the expanded Panama

A 90-meter cargo ship was taking on water and leaking oil after running aground this morning in the Baltic Sea off

Mitsubishi Heavy Industries has announced the delivery of the first of three post-panamax bulk carriers to achieve energy efficient operations through the use

Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General

France-Corsica ferry operator SNCM will file for court protection next week, a source close to the company told Reuters on Wednesday, which will clear the way

Hijackings of small oil tankers by armed gangs are increasing in Southeast Asia, home to the shortest sea-trade route between the Middle East and China, even

Hess, along with their joint venture partners Union Oil (Chevron), Statoil and Nexen, all of which have a 25 percent working interest, have reached a final

China is waging war on pollution, closing factories and targeting dirty coal-fired power plants, but its ports are pumping out pollution virtually unchecked,

Former Dutch naval officer Captain Peter Kortenoeven, Hydrographer of the Royal Netherlands Navy, was presented with the United Kingdom Hydrographic

We saw a short clip of this video earlier this month along with a New York Times feature article, “Aboard a Cargo Colossus“, so consider this the

Two large containerships collided Tuesday night at Malaysia’s Port Klang, sparking fires in the forward container stacks of both vessels. The

Royal Caribbean International took delivery today of the newest and most anticipated addition to the cruise line’s fleet, Quantum of the Seas, from Meyer