News

Marathon Petroleum Corp. is unable to load oil from a barge dock on the Mississippi River at Wood River, Illinois, which may depress Canadian oil prices if

Crowley Maritime Corporation has christened its 17th and final ATB as part of a $1 Billion, decade-long construction

Concerns over increased risk of corrosive wear in cross-head engines have prompted Castrol Marine to renew its advice to ship owners regarding best practice in

Offshore contractor EMAS AMC announced this week that it has been awarded a USD $75 million contract from Statoil to provide subsea engineering, procurement

South Korea's STX Offshore & Shipbuilding Co is considering the sale of shipyards in France, Finland and

(Bloomberg) — A slump in the price of iron ore may be the catalyst for China to start importing more of the steelmaking raw material and for shipping

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in

(Bloomberg) — The owners of Scandlines, 3i Group Plc and Allianz Capital Partners GmbH, received three bids for the Danish-German ferry operator in a

After a $10.9 million loss in the first quarter this year, SEACOR Holdings’ (NYSE:CKH) Executive Chairman of the Board, Charles Fabrikant was justifiably

In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker

(Bloomberg) — BG Group Plc, the U.K.’s third-largest oil and gas producer, rose the most in almost a year after reporting production and liquefied

"The Jones Act may be a protectionist anachronism, but there is no prospect of meaningful reform in the next few years." - By John

In October 2011, GDF SUEZ and CNOOC signed a cooperation agreement to work on a China-based LNG Floating Storage Regasification Unit project.  The basis of

“I am pleased with our results,” commented Angeliki Frangou, Chairman and CEO of Navios Acquisition on her company’s first quarter

The National Shipping Company of Saudi Arabia (Bahri) announced yesterday that it has accepted delivery of the Bahri Hofuf, a 26,000 DWT general cargo ship

By Andrew Callus LONDON, May 2 (Reuters) – Royal Dutch Shell’s 54-year old chief executive Peter Voser is to retire next year in a surprise early

MEXICO CITY, May 1 (Reuters) – Mexico’s Pemex on Wednesday said it is seeking to take a controlling stake in a Spanish shipyard with a view to

Obama's plan for food aid reform is opposed by... pretty much everyone. Shipping included.

Dolphins are one thing, but have you ever had a pod of Orcas play in your

Huntington Ingalls Industries (NYSE:HII) announced today they have been awarded a $487 million contract to build the sixth National Security Cutter (NSC) for