News

By Kyungji Cho April 27 (Bloomberg) — All 15 crew members involved in navigating a South Korean ferry that sank are in custody, the Associated Press

By Colin McClelland and Manuel Soque April 25 (Bloomberg) — Angola’s main port installed new cranes and provided more training to reduce its cargo

A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for marine hose and was sentenced to two years in prison, the U.S.

DUBAI, April 24 (Reuters) – Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion loan, as well as

The UK government announced plans today for the building of a new £200 million polar research vessel for the NERC (Natural Environment Research Council) and

Songa Offshore announced today they have sold the semisubmersible drilling rigs Songa Mercur and Songa Venus to Singapore-based Opus Offshore Group.  The

By George Obulutsa NAIROBI, April 25 (Reuters) – An Australian warship patrolling the Indian Ocean has seized more than a tonne of heroin worth A$289

For a sign of success for Prime Minister Shinzo Abe’s economic stimulus policies look no further than Japan’s once-stricken shipbuilding

By Michael Hirtzer April 24 (Reuters) – U.S. exporters last week shipped the most corn in at least 24 years, government data showed on Thursday, despite

CCTV America spoke with gCaptain’s Rob Almeida on the sinking of the South Korean ferry, Sewol. In his interview he shares his thoughts on the fateful

Knightsbridge Tankers and Frontline 2012 announced today the two companies had reached an agreement to combine Frontline 2012’s remaining fleet 25

Worldwide piracy incidents have fallen to their lowest level in seven years, but don’t go raising any victory flags just

Following up on an announcement last August, China COSCO has been busy this year selling their ships for scrap as part of their company’s restructuring

Captain Serge Prakhov from the Terasea Eagle, a 2013-built, 203 ton bollard pull tugboat operating in the Java Sea, sends us the following image today: His

Scafi, the Italian shipping group has ordered their 15th Damen tug today as part of their continual fleet renewal program. Damen notes that although this is

By Tara Patel April 24 (Bloomberg) — Technip SA, Europe’s largest oilfield-services provider by market value, rose to the highest level in almost six

By Jeremy Wagstaff SINGAPORE, April 24 (Reuters) – The next hacker playground: the open seas – and the oil tankers and container vessels that ship

By Chris Cooper and Kiyotaka Matsuda April 24 (Bloomberg) — A Chinese court released a Japanese ship owned by Mitsui O.S.K. Lines Ltd. after the cargo

By Cynthia Kim, Seonjin Cha and Sam Kim April 24 (Bloomberg) — Divers retrieved more bodies from a South Korean ferry that sank last week, as

  The George Bush Library and ENSCO put together the following video going into detail the day-to-day operations on board the ENSCO DS-5, an