News

Over the past few days it was unclear whether or not the US Navy would be officially tasked to provide disaster relief to New York and New Jersey.  It

(Bloomberg) — Tankers able to deliver almost 215,000 metric tons of gasoline are waiting outside New York Harbor to unload their cargoes after the worst

US Department of Homeland Security Secretary Janet Napolitano has issued a Jones Act waiver to allow foreign-flagged ships from the Gulf of Mexico into ports

China’s Zhejiang Shipbuilding delivered the platform supply vessel Bourbon Calm today, the third in a series of four platform supply vessels of

The American Maritime Partnership, representing more than 40,000 Jones Act vessels, issued a statement late Thursday regarding the delivery of petroleum and

Captain Robin Walbridge and the crew of the Bounty made a port call in Belfast, Maine this past August and gave a very telling interview with one of the

The American Bureau of Shipping (ABS) announced today they have signed a Memoranda of Understanding (MOUs) with several Korean entities to advance local

(Bloomberg) — Samsung Heavy Industries Co., the world’s second-largest shipyard, rallied the most in eight months in Seoul trading after

The United States Coast Guard’s Atlantic Area Commander, Vice Admiral Robert C. Parker and Rear Admiral Richard T. Gromlich, director of Operational

The Tilos‘ days are numbered following Goldenport Holdings Inc. (LSE: GPRT) announcement today that she has been sold and delivered to a third party

In the above video, Robert Kunkle, Technical Advisor at Mid Ocean Tanker Company (MOTC) talks with CNBC about the impact of Hurricane Sandy to the tanker trade

After spending two weeks in uncertain conditions somewhere in Nigeria, the 7-person crew of the Bourbon Liberty have been released by their captors.  The 7

(Bloomberg) — Rates for tankers hauling refined fuels jumped to more than a six-month high as superstorm Sandy disrupted shipping schedules, according to

The Port of New York and New Jersey is one of the busiest ports in the world and thus a major commercial artery for global commerce. In 2011, the

PORTSMOUTH, Va. — The Coast Guard continues its search Wednesday for the missing captain of the HMS Bounty approximately 145 miles southeast of

Update: It appears that earlier reports saying that the US Navy was in the process of mobilizing as many as 3 ships to assist with rescue and recovery

In a move to reduce the company’s debt, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today they have sold one of their 69,235 dwt Panamax

Tragic news today out of the Bay of Bengal when a Vietnamese cargo ship, Saigon Queen, sank off Sri Lanka.  The Vietnam Maritime Search and Rescue

Still under construction at Hyundai Heavy Industries, the semi-submersible drilling rig which will eventually be named the Bollsta Dolphin, has just been

Chilean shipper Compania Sud Americana de Vapores SA (VAPORES.SN) posted a quarterly profit for the first time in two years. The company reported a net