News

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

A total of 33 oil and gas companies have now signed on to take part in a joint seismic acquisition project to map a new area of the Norwegian arctic in an

In an age of aerial drones and driver-less cars, Rolls-Royce Holdings Plc is designing unmanned cargo

Singapore plans to build a second liquefied natural gas receiving terminal as it pursues a long- term strategy to become Asia’s LNG trading

The U.S. Navy on Monday announced that the commanding officer of the USS Taylor has been relieved of duty after the ship went aground earlier this month in the

The Seychelles Police released the autopsy report today on the two American security contractors who died aboard the containership Maersk Alabama last week,

Økokrim, Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime has raided the offices of Kongsberg Group

Seadrill expressed a significant amount of forward-looking optimism in their latest earnings report today.  The offshore driller expects to continue