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DUBAI, June 23 (Reuters) – Gulftainer Co Ltd, the United Arab Emirates’ second-largest port operator, said on Sunday it had acquired a 51 percent

Nigeria LNG Ltd. said the country’s maritime regulator issued it a ship detention order today, halting exports and detaining three of its vessels in

A passenger ferry in the U.K. sustained damage and was taking on water Saturday after striking a quay while docking at the Harwich International Port in Essex

Indonesia deployed military planes on Friday to fight forest fires that blanketed neighbouring Singapore in record levels of hazardous smog for a third day in

On Wednesday, China Oilfield Services Limited (COSL) signed newbuild agreements for the construction of 15 vessels at five different Chinese shipyards. The

June 21 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, touched a high for

At the Saint Petersburg International Economic Forum today, Rosneft and Eni signed a Declaration on Protection of the Environment and Biodiversity for Oil and

COSCO Corporation announced today that COSCO (Nantong) Shipyard Co. Ltd. secured contracts from a Singapore firm for the conversion of two semi-completed hulls

  In St. Petersburg, Russia, it was a day of signatures and handshakes as strategic partnerships were formed between Russian energy major Gazprom, JSC

Russia's Rosneft has agreed to a $270 billion deal to double oil supplies to

The bulk shipper STX Pan Ocean Co Ltd filed for protection under U.S. bankruptcy law on Thursday to shield its assets from creditors in the United States, less

“USS Guardian leadership and watch teams failed to adhere to prudent, safe, and sound navigation principles which would have alerted them to approaching

Earlier in June the Indian Coast Guard rescued 22 crew members the sinking Asian Express off the west coast of India and, as it turns out, the rescue was all

Half of Germany's maritime shipping companies plan to enter alliances with peers or deepen existing pacts in the next few months to counter overcapacity and

The Baltic Ace sank Dec. 5th after colliding with containership near the entrance to a busy shipping lane leading to the Port of Rotterdam, killing eleven

How on earth does a 5 year old 90,000 ton containership, built by one of Japan’s finest shipyards and operated by a tip-top liner company, come to be

Seadrill announced today they have awarded $460 million in new build contracts to Dalian Shipbuilding (DSIC Offshore) in China for the construction of two high

In an emailed statement this morning, Maersk Line confirms that one of their largest containerships, the 397 meter, 11,000 TEU Eugen Maersk caught fire on 18

(Bloomberg) — Global liquefied natural gas markets will face “unprecedented” tightness this year and next as incremental LNG demand from Asia

The MRCC in Mumbai has just tweeted saying that the sections are still afloat and are being monitored.