Shipping News

Abdalla el-Badri, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) announced this past Wednesday plans to absorb additional

New data released this week shows that Louisiana ranks first in the nation in economic impact from the U.S. domestic maritime industry, creating 54,850

Sailors stranded on merchant ships without food, supplies, or a way home won new

A small Australian exploration company said it has secured more than $6 billion in equity funding from unnamed investors to build a port and rail network to

Australian Prime Minister Tony Abbott said he’s confident crews hunting for the missing Malaysian jet have narrowed down the location of its black box to

America’s newest energy hub just got a little

By Gavin van Marle There is absolutely no sign that the overcapacity in container shipping is going to improve any time soon, according to a leading industry

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can

South Korean shipbuilder Samsung Heavy Industries said on Wednesday it won a $1.27 billion (1.34 trillion won) order to build two drillships for an unnamed

By Marty Graham SAN DIEGO (Reuters) – A family of four rescued from their sailboat after their infant daughter became seriously ill at sea returned

An Australian search plane picked up a transmission around the area where a ship previously heard pings, a day after investigators expressed optimism they can

By Michael Hirtzer April 9 (Reuters) – Mississippi River barge traffic could reopen Friday at the earliest, government officials said on Wednesday, a day

MacGregor, part of Cargotec, has won a run of orders for bulk versions of its cargo handling cranes from five Chinese shipyards. The cranes are destined for 15

By Phoebe Sedgman April 10 (Bloomberg) — The world is mining more iron ore than steelmakers need. Australia, the largest supplier, sent 504 ships from

An oil tanker carrying upwards of 60,000 liters of oil sludge sank in the Gulf of Thailand today according to the Thai News Agency. Surachai

Alan Levin and Thomas Black April 8 (Bloomberg) — Aircraft black-box pingers, like those from the missing Malaysian jetliner lying somewhere in the

Crowley Maritime Corp has is expanding their operations into the international ship management sector today following an announcement that it has acquired

by Neil Chatterjee (Bloomberg) – Indonesia is seeking clarity on China’s intent behind its maritime claims in the South China Sea to avoid the risk

After a year where large vessels such as capesize bulkers and supertankers were barely earning break-even day rates, momentum has since picked up in the

Overseas Shipholding Group Inc. won court permission to sign a deal with its lenders that would raise $300 million from a share sale as part of the company’s