News

Here is an infographic provided by the ship valuation experts at VesselsValue.com showing the world’s top ten ship-owning nations in the year 2017. As

Check out this video sent into us showing a close call in Turkey’s Bosphorus Strait. The video was filmed Saturday near the Tarabya Hotel, which sits on

Florida-based Eastern Shipbuilding Group has appointed Admiral Robert Papp, former Commandant of the U. S. Coast Guard, as President of the company’s new

Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea.

The Maritime and Port Authority of Singapore has reported “good progress” in cleaning up an oil spill after two containerships collided late

By Mike Wackett (The Loadstar) – Containerships sailing from Asia to North Europe are running “full to the gunnels” ahead of the Chinese New Year

Norwegian supply vessel company Solstad Offshore has entered into a contract with Dutch energy company Dong Energy Wind Power for charter of Soltad’s

(International Maritime Organization) – A new mandatory code for ships using gases or other low-flashpoint fuels enters into force on 1 January

By Josh Wingrove and Robert Tuttle (Bloomberg) — The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil

Athens-based drybulk shipowner DryShips announced Friday it has entered into a “zero cost” agreement with companies controlled by its Chairman and

A giant iceberg the size of Delaware is expected to break away from the Antarctic peninsula, so big it’s likely to be one of the biggest iceberg calving

SYDNEY, Jan 6 (Reuters) – December iron ore shipments to China from Australia’s Port Hedland terminal hit a record 37.4 million tonnes in December,

By Devika Krishna Kumar NEW YORK, Jan 6 (Reuters) – U.S. gasoline prices recently soared to multiyear seasonal highs over European prices, setting the

By Jonathan Saul LONDON, Jan 6 (Reuters) – Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalising on

The U.S. Navy is looking at an average annual cost of nearly $21 billion to reach its goal of 308 battle force ships, about one-third more than amount of

By Christopher Palmeri (Bloomberg) — Carnival Corp. is unveiling wearable technology that allows cruise ship staff to personalize service at sea, whether

By J. Michael Cavanaugh and Eric Lee (Holland & Knight) – Once he assumes office on Jan. 20, 2017, President-Elect Donald Trump will be responsible

(BIMCO) – The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global

Melting polar icecaps have allowed the Hansa Heavy Lift vessel HHL Valparaiso to successfully transport two ship-to-shore cranes via the Northern Sea Route.

Norwegian shipping company Farstad Shipping announced Thursday a planned restructuring deal with Siem has been ended by its creditors, calling into