News

The Discovery Channel has been working with Maersk Line on a documentary on the construction of the world's largest ship, Maersk Line's new 18,000 TEU

Charter costs for tankers hauling 1 million barrels of oil fell to the lowest in at least 16 years as the glut of vessels seeking cargoes leaves owners

Star Bulk (NASDAQ:SBLK), an Athens-based dry bulk shipping firm has announced that as of last week, they have entered into agreements to build five new bulk

Danish shipper Maersk Line, part of oil and shipping group A.P. Moller-Maersk, plans to make another attempt in November to lift freight rates and make them

Oct. 1 (Bloomberg) — Japan is set to receive its second spot cargo of liquefied natural gas from Norway via the Northern Sea Route as the world’s

Vallianz Holdings Ltd, a Singapore-based offshore services provider has joined forces with Rawabi Holdings to create a new Saudi Arabian-based subsidiary

Nantong Sinopacific Offshore & Engineering Co. has been awarded a USD $180 million contract from Odfjell for the construction of four 17,000 cbm

SINGAPORE, Oct 1 (Reuters) – Yangzijiang Shipbuilding (Holdings) Ltd, China’s second-largest listed shipyard, said it had won shipbuilding

Japan Agency for Marine-Earth Science and Technology (JAMSTEC) has awarded Mitsubishi Heavy Industries (MHI) an award today to build a wide-area seabed

Crude oil shipments from the Port of Victoria in south Texas hit a record of over 60,000 barrels per day in August, the port director said on Monday, as more

Gibbs & Cox is looking to expand its naval architecture and marine engineering business through acquisition noted company CEO Rick Biben in a phone call

“Charges will be filed shortly,” the Investigative Committee in Moscow said on its website today, although they seem to be backing away from the

Seventy-four Chinese fishermen were missing after a typhoon in the South China Sea sank three ships, the official Xinhua News Agency reported

Sept. 30 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest shipping line, fell the most in a week in Copenhagen trading on

Sept. 30 (Bloomberg) — The widened Panama Canal will cut costs to ship U.S. cooking and heating gases to Asia by shortening voyages, effectively lowering

China Shipping announced today they have sold the 1993-built, 35,000 deadweight product tanker Ming Chi to Digang Shipyard for a total consideration of

Should U.S. disaster relief require American-grown food? Those with the best intentions may miss the full picture By Bruce Vail The next time news of a natural

By Ronnie Cohen Sept 28 (Reuters) – An Australian winemaker and his son, who own an island off Australia’s Great Barrier Reef, have officially

A bridge in Jacksonville, Florida has been closed after it was struck Thursday afternoon by a RoRo cargo ship operated by the U.S. Navy's Military Sealift

Jumbo this month saw the launch of the first ship in the heavy lift company’s new K3000 class, named Jumbo Kinetic, at the Brodosplit Shipyard in Split,