News

CJ Korea Express Co., the country’s biggest courier delivery company, is considering an acquisition of Neptune Orient Lines Ltd.’s logistics

Finland's new Meyer Turku Oy shipyard has celebrated its first newbuild float out since the Turku shipyard changed ownership just last

Eagle Bulk Shipping Inc's shares shot up to as much as $15.46 from 68 cents as the company cut its borrowings by about 80 percent after converting debt into

Crowley Maritime Corp. has christened the fourth of four Ocean class tugs during a ceremony Wednesday in Lake Charles, Louisiana, formally welcoming the DP2,

This ain’t no Prius. The newest addition to Haugesund-based Østensjø Rederi’s fleet carries a very unique hybrid power system based around a

Odfjell Drilling and William Jacob Management (WJM), a Houston-based Engineering and Project Management services firm, have announced today an agreement

How far do oil prices need to fall to curb the investment in shale production and stem the destruction of

Hyundai Mipo Dockyard announced today it has won an order for two LPG carriers from an undisclosed ship owner. The value of the newbuild contract is KRW 108.5

With options for four more, Maersk Supply Service has signed a new-building contract with Norwegian shipbuilder Kleven Maritime for six, 95 meter Anchor

It was a wild and dangerous night Tuesday in Sydney, Australia as a powerful storm caused two large containerships to break free, among other

A laden product tanker remains aground in the middle of the Amazon River for a seventh day following futile attempts to free the

More than half a dozen yellow tower cranes planted in the hillside above Mozambique’s capital are visible from a single vantage point at Anadarko Petroleum

The designation deems the USMMA campus in Kings Point, NY and the Barstow Mansion as a place worthy of

SHANGHAI, Oct 15 (Reuters) – China, the world’s largest shipbuilder, is looking to build its first luxury cruise vessel, with help from cruise

Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great

After 10 years at the helm of Statoil, the $77 billion Norwegian multinational oil and gas company, Helge Lund has resigned today with immediate effect. He

The first tanker of imported crude ever bought by Venezuela has sailed from Algeria in a move to reduce costs by the South American state-run oil company

The Coast Guard is responding Tuesday to two sunken vessels -a towing vessel and a smaller dredger- which sank in the Mobile Ship Channel, north of Gaillard

The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year 2014 ending on September 30, according to

The UK Ministry of Defence is ramping up its efforts in the fight against Ebola with the deployment of troops, equipment and a medical ship to West Africa as