News

DFDS, the Danish shipping and logistics company, confirmed Thursday that it is in fact negotiating with the struggling German shipyard P+S Werften concerning

The Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought

Royal Dutch Shell PLC (RDSA, RDSA.LN) has repaired a piece of safety equipment intended for its Arctic drilling program and will soon ask U.S. regulators to

*UPDATE* ZUG, SWITZERLAND-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it has reached an agreement with the U.S. Department of Justice to

South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies

Star Bulk Carriers Corp. (SBLK) reached an agreement with its lenders to defer up to $24 million of repayment obligations over the next two years. The

German shipyard Meyer Werft announced today the delivery of the Liquefied Natural Gas (LNG) tanker CORAL ENERGY to Rotterdam-based shipowner Anthony Veder.

Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday

Link: Previous Kulluk Update The U.S. Coast Guard and Royal Dutch Shell Plc were fighting 70 mile-per-hour winds and 40-foot swells as they tried to assess

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

SINGAPORE–After scrambling for years to secure space in Singapore’s onshore oil storage tanks, some of the biggest fuel oil traders in Asia are

Latest Update (Jan. 2): Overflight Video, Environmental Groups Respond as Damage Assessment Begins on the Stranded Kulluk By Yereth Rosen ANCHORAGE, Alaska

By Isaac Arnsdorf Accelerating world trade means the merchant fleet will burn the most fuel oil ever in 2013, driving ship owners’ biggest cost to a

Latest update on the Kulluk Grounding Update: On Monday night, the Kulluk broke tow and ran aground. Latest: Kulluk Incident As a fierce Gulf of Alaska storm

Less than two weeks after the frigate BNS Louise Marie apprehended five suspect pirates at sea off the Somali coast, the crew of the Belgian warship was tasked

Wärtsilä announced today they have been contracted to supply the complete dual-fuel propulsion package for two 4700 CBM Liquefied Ethylene

Indonesia has taken in nine shipwreck survivors believed to be refugees from Myanmar, ending weeks of uncertainty for the men, who were refused permission to

By Alex Dobuzinskis Several endangered whale species may get a new lease on life when some cargo shipping lanes off the California coast are shifted next year.

2012 was a crazy year with a lot of incident photos. Here are gCaptain’s picks for Top 10 Maritime Incident Photos of 2012: Click on the titles for more