News

Feb. 28 (Bloomberg) — The Panama Canal Authority agreed with a group of builders led by Sacyr SA on a deal to end a two- month dispute over expansion

Noble Corporation (NYSE: NE) confirmed today that their semi-submersible drilling rig, the Noble Paul Wolff, experienced a ballast control incident at

Marine and offshore services firm DEME reports 2013 was a record year for their company while capitalizing on projects around the globe. With 2013 revenues of

Chilean shipping firm Compania Sudamericana de Vapores has agreed to plead guilty to a price-fixing conspiracy and pay an $8.9 million criminal fine to the

Crowley tugs have Anadarko’s 12,000 ton oil and gas processing facility under tow today as they head east toward the center of the Gulf of Mexico and the

Here's an interview from The Seamen's Church Institute with the captain of the MV Albedo which was hijacked by Somali pirates in November 2010.

The U.S. Coast Guard is investigating a 590-foot bulk carrier that ran aground Wednesday night in the Elizabeth River near Hospital Point in Portsmouth,

Francesco Schettino, former captain of the Costa Concordia cruise liner, returned to the ship on Thursday for the first time since it sank just over two years

For the world’s largest crude oil tanker company, 2013 was another year of losses.  Frontline Tankers reported today their third yearly net loss in a

The captain of the Costa Concordia, Francesco Schettino, went back on board on Thursday for the first time since the huge cruise liner sank with the loss of 32

Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as

Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating

Construction is officially underway on the world's first liquefied natural gas (LNG)-powered containership at the General Dynamics NASSCO shipyard in San

A 739-foot cargo ship ran aground Tuesday in the Columbia River while attempting an unauthorized maneuver to adjust their position in the river, the U.S. Coast

New Jersey Senators Robert Menendez (D-NJ) and Cory Booker (D-NJ) have released a joint-statement today in defense of the Jones Act after it was wrongfully

An Egyptian court handed down death sentences to all but one of the 26 perpetrators involved in an alleged scheme to form a terrorist group and to attack the

Last October, Subsea 7’s new pipelay vessel Seven Waves, arrived at Huisman Schiedam to receive its 550 metric ton flex-lay system and 400 metric ton

U.S. Coast Guard Commandant Admiral Bob Papp on Wednesday delivered his final State of the Coast Guard address at Coast Guard Headquarters at St. Elizabeths

Oil service companies will have to assume more risk in the coming years as investor pressure and a flat crude price make oil company clients push harder to

Singapore-based marine logistics group, Marco Polo Marine is expanding their business into the offshore drilling sector with their latest order today with PPL