News

Iron ore traded below $70 for the first time in five years as rising low-cost supplies by the world’s top miners widen a global glut amid slowing demand from

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering

A cargo ship struck a lock gate in a chamber of the Kiel Canal in Germany on Monday, causing damage so severe that the gate will need to be replaced

After at least 4 years under construction and decades of planning, the giant Pieter Schelte catamaran has set sail from the shipyard in South Korea for

Two people were killed Monday morning when the barge they were on sank in heavy seas off the coast of

While in Charleston, South Carolina yesterday, BP Shipping’s British Emissary, a 34k deadweight oil products tanker, suffered a catastrophic a rather

Societe Generale SA cut its U.K. natural gas price forecasts by as much as 7.3 percent as crude slumped into a bear market, helping reduce the cost of supplies

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the

Maersk Drilling reports today its jack-up rig Maersk Resolute will continue to be employed by Hess until April 2016 after four one-well contract options were

Nordic LNG provider Skangass signed a two year agreement with ENI today for the supply LNG from the Fluxys terminal in Zeebrugge to Skangass’ newly opened

Gunvor Group Ltd. is looking to Asia for the next leg of its expansion as the company loosens the Russian ties that made it the world’s fifth-biggest oil

By Bryan Abell, Six Maritime Piracy in the Malacca Straits is as old as the trade routes that snake between Indonesia, Malaysia and Singapore.  Mariners have

By Jakob Pinkster The new book “Ship Handling” by Hervé Baudu is an expanded English language version of the award winning (2012 French Maritime Society

One sailor was killed and two others were seriously injured Friday in an apparent lifeboat accident while off the coast of Germany near the Elbe

The International Maritime Organization (IMO) has adopted historic legislation for the improved safety of ships operating in the polar regions and their

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank Friday approximately 45 miles north off of Cap Haitien,

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Italian shipbuilder Fincantieri has signed on to work with Carnival Cruise Lines and China State Shipbuilding Corporation in exploring the possibility of joint

Viva Energy Australia, a joint venture between energy trader Vitol and Royal Dutch Shell says they will be handing the product tanker Tandara Spirit back to

The European Union’s counter-piracy EU Naval Force Somalia – Operation Atalanta, has been extended by two more years as the threat of Somali piracy