News

Japan’s MOL has begun legal action against the shipbuilder of the ill-fated 8,100 teu MOL Comfort, which sank in July last

gCaptain reader Andrew Mackinnon sends us the following image today from Port Phillip, Australia of the Boskalis-Dockwise heavy lift vessel Blue Marlin,

LONDON, Feb 7 (Reuters) – Israel has taken a step closer to becoming a natural gas exporter after Australia’s Woodside Petroleum Ltd signed a deal

Deltamarin signed a contract today with Malaysian oilfield services provider Bumi Armada to provide the basic design of a floating production, storage and

Samsung Heavy Industries terminated a contract to build three "very large containerships" according to a regulatory filing

Hyundai Mipo Dockyard won a newbuild order today for six product tankers. The 228.6 billion KRW (USD $211.8 million) order was from an undisclosed Marshall

The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight

Exmar LPG, the shipowning joint venture between Teekay LNG and Exmar NV, announced today the winning of long term charters for four of their midsize LPG

Chinese importers canceled purchases of four cargoes of U.S. corn this week, after one cargo was diverted to Vietnam last week, U.S. government data showed on

By Captain Richard Madden – There are new buoys – and is some cases virtual buoys – coming to a U.S. port near you.  First seen in the port of

Delays to the $5.25 billion Panama Canal expansion may prolong a surge in rates for ships hauling liquefied petroleum gas between the U.S. and Asia, according

Hamburger Hafen & Logistik AG, which handles about three of four containers at Hamburg’s port, saw rising volume last year as feeder traffic to the Baltic

Drillers face a year of pain as they take delivery of a slew of new vessels ordered during boom times just as oil companies ruthlessly tighten spending on

It's no secret that proper education and training is important to the success of the U.S. merchant

A jury convicted a Mexican man of murder on Wednesday for ramming his suspected smuggling vessel into a U.S. Coast Guard inflatable boat, killing an officer

The $5.25 billion expansion of the Panama Canal was suspended today as negotiations between a construction group led by Spain’s Sacyr SA and the waterway’s

Natural gas has started to challenge oil as the dominant transport fuel with companies building gas-powered ships and installing networks of service stations

A Spanish cargo ship broke in two on Wednesday after hitting a sea wall off the southwestern coast of France in high winds and was leaking some fuel into the

The Panama Canal Authority broke off talks about a $1.6 billion cost overrun with the Sacyr SA-led group working to expand the waterway, Sacyr said, pushing

Euronav, the Belgian crude oil tanker company, has just bid for the acquisition of five tankers from Overseas Shipholding Group (OSG) as part of an asset sale