News

UPDATE: 10:50 EST – An armed Russian security team has just fast-roped on to the Greenpeace vessel Arctic Sunrise and “are breaking into our comms

By Oleg Vukmanovic LONDON, Sept 19 (Reuters) – Angola’s liquefied natural gas (LNG) export plant is to ship its fourth ever cargo early next week

Scorpio Tankers Inc. (NYSE: STNG) has announced that four MR product tankers under construction in South Korea will be added to their fleet in exchange for

By Dan Whitcomb LOS ANGELES, Sept 18 (Reuters) – A high profile U.S. Navy commander has been charged with accepting paid travel, the services of

CSCL announced today the sale of two containerships to CIC Digang for their eventual scrapping. The two vessels are the Xiang Hu and the Xiang Kai, both

Sept. 18 (Bloomberg) — U.S. shipyards are the busiest in almost two decades as surging domestic energy production increases cargoes for the merchant

The Costa Concordia ain't the only large object that Crowley is moving these

The U.S. Air Force proved this month that laser guided bombs can, in fact, hit moving targets at sea when dropped from supersonic bombers like the B-1B Lancer.

Keppel Shipyard announced today the signing of two Floating Production Storage and Offloading (FPSO) conversion contracts worth a combined value of S$190

By Gavin van Marle, Back in June, The Loadstar published a story which quoted a European forwarder who believed that the 1 July general rate increase

The recently delivered Harvey Deep-sea, a 302-foot subsea construction vessel designed by STX Marine, successfully completed commissioning this month and is

Sept. 18 (Bloomberg) — Vietnam Shipbuilding Industry Group, the state company whose near-bankruptcy contributed to credit downgrades and banking system

“Imagine you’re that activist. For a moment, in the middle of the chaos of protesting in the frigid Arctic ocean, you lock eyes with a Russian

The operation to upright the Costa Concordia in

Jones Act shipping company Matson (NYSE: MATX) says it will cover all costs associated with the Honolulu Harbor molasses spill response, sparing Hawaiian

Software titan Larry Ellison's decision to race the 34th America's Cup on high-speed 72-foot catamarans has been criticized for pushing the competition too far

MV Mary Maersk, the third installment of Maersk Line's massive Triple-E class, quietly commenced her maiden voyage this week from Busan, South Korea with about

The Costa Concordia liner was pulled upright off the island of Giglio on Tuesday, in one of the world's most complex and expensive salvage operations which the

Farstad announced the winning of three new contracts today worth a total of NOK 150 million for operations offshore Brazil. The contracts consist of: Shell

Sept. 17 (Bloomberg) — China is building the most property in at least a decade, expanding shipments of logs and adding to record commodity cargoes that