Shipping News

STX Offshore and Shipbuilding has won a 746 billion won (US$696.5 million) order today to build 13 crude oil tankers including three Suezmax and ten

March 3 (Bloomberg) — A.P. Moeller-Maersk A/S, Denmark’s biggest company, is using a slump in emerging markets as an opportunity to invest, Chief

The blockbuster film "Captain Phillips" up for a total of 6 Oscar Nominations including Best Picture and Best Supporting Actor for the first-time Somali actor

20 crew members have sustained injuries on board the Canadian warship HMCS Protecteur after a fire broke out at 10:20PM last night while returning home to

Persistent cold temperatures in the Midwest this winter have resulted in historic ice coverage on the Great Lakes with many almost completely frozen over,

Feb. 28 (Bloomberg) — The Panama Canal Authority agreed with a group of builders led by Sacyr SA on a deal to end a two- month dispute over expansion

Marine and offshore services firm DEME reports 2013 was a record year for their company while capitalizing on projects around the globe. With 2013 revenues of

For the world’s largest crude oil tanker company, 2013 was another year of losses.  Frontline Tankers reported today their third yearly net loss in a

The captain of the Costa Concordia, Francesco Schettino, went back on board on Thursday for the first time since the huge cruise liner sank with the loss of 32

Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as

Construction is officially underway on the world's first liquefied natural gas (LNG)-powered containership at the General Dynamics NASSCO shipyard in San

In an age of aerial drones and driver-less cars, Rolls-Royce Holdings Plc is designing unmanned cargo

Singapore plans to build a second liquefied natural gas receiving terminal as it pursues a long- term strategy to become Asia’s LNG trading

The Seychelles Police released the autopsy report today on the two American security contractors who died aboard the containership Maersk Alabama last week,

BEIJING, Feb 25 (Reuters) – Brazil’s Vale SA will launch in March the first phase of its iron ore storage and distribution centre in Malaysia that

Australian marine logistics firm Mermaid Marine Australia Ltd said on Tuesday it had agreed to buy the offshore businesses of Singapore's Jaya Holdings Ltd for

Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship

An update Monday from the Unified Command set up in response incident now calculates that approximately 31,500 gallons of light crude oil was discharged into

Maersk Drilling on Monday announced that it has taken delivery of its first ultra deepwater drillship, Maersk Viking, from Samsung Heavy Industries (SHI)

After the worst single incident involving a loss of containers from a Maersk Line vessel last week, one of those containers found itself washed up on a UK