News

John Fredriksen-controlled Northern Drilling has entered into agreements to acquire two newbuild ultra-deepwater drillships from South Korea’s Daewoo

The U.S. Coast Guard will conduct a formal public hearing to consider evidence related to a fatal fire that occurred last year aboard the Bouchard No. 255 Tank

You know the saying, “when life gives you lemons, make lemonade”. That’s exactly what maritime pilots in Finland do when it’s simply

Norwegian energy giant Statoil is awarding Subsea 7 Norway AS a five-year contract for IMR services to be carried out by the Seven Viking vessel for subsea

Panama Canal towboat Captains are part of the first-ever work stoppage in the canal’s history, citing safety concerns. When the new canal locks were

By Julian Lee (Bloomberg) — The snap-back of U.S. sanctions on Iran’s oil exports may well see international shipping companies, which have carried

By Clara Denina , Jonathan Saul, Dasha Afanasieva and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, May 9 (Reuters) – Shipping group A.P. Moller-Maersk

CARACAS, May 8 (Reuters) – A legal dispute between ConocoPhillips and Venezuelan state oil firm PDVSA could leave Curacao’s economically important

By Jessica Resnick-Ault, Jane Chung and Osamu Tsukimori NEW YORK/SEOUL/TOKYO, May 8 (Reuters) – Iran’s exports of oil to China, Europe and other

By Marianna Parraga May 8 (Reuters) – Venezuela’s state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move

A Hapag-Lloyd containership allided with three moored ferry boats upon entering the Port of Santos, Brazil on Sunday, causing extensive damage. According to

By Steve Holland WASHINGTON, May 8 (Reuters) – President Donald Trump on Tuesday pulled the United States out of an international agreement aimed at

Breaking News: President Trump has just announced that he will withdraw the United States from the Iran nuclear deal.  By Grant Smith (Bloomberg)

By Tony Capaccio (Bloomberg) — The Gerald R. Ford, the U.S. Navy’s costliest warship, suffered a new failure at sea that forced it back to

By Paul Tugwell and Georgios Georgiou (Bloomberg) — Cyprus’s first-ever shipping minister is setting her sights high. The country’s location and tax

The Panama Canal Authority has added an additional daily reservation slot to its Neopanamax locks in order to further increase the capacity of the waterway at

Two shipwrecks discovered around 1,500 miles off the coast of Western Australia during the initial search for missing Malaysia Airlines flight MH370 have been

By Parisa Hafezi ANKARA, May 7 (Reuters) – The Iranian oil industry will continue to develop even if the United States pulls out of the 2015 nuclear

During the first six months of fiscal year 2018, Florida’s port of Jacksonville recorded 27 percent growth in total container shipments over the same

As climate change brings a longer ice-free season and more commercial ships to the Arctic, a new study is recommending that precautionary measures be put in