News

By Antonella Cinelli and Steve Scherer ROME (Reuters) – The chief prosecutor of a Sicilian court said on Friday that a task force is looking into whether

Video shot aboard the Judy platform in the North Sea shows giant 50-foot waves hitting the platform and adjacent accommodation rig CSCL Rival back in January.

By Laura Blewitt (Bloomberg) — The biggest gasoline market in the U.S. is bursting at the seams. Traders are lining up to export gasoline and diesel from

By Nerijus Adomaitis OSLO, Feb 20 (Reuters) – Cost cuts by Norway’s oil and gas industry appear to have contributed to a rise in accidents in

MANILA, Feb 20 (Reuters) – Gunmen in southern Philippine waters killed one crewman of a Vietnamese vessel and abducted seven in what appeared to be the

By Letitia Stein TAMPA, Fla., Feb 17 (Reuters) – U.S. investigators stood in silence for 33 seconds on Friday as they concluded the public phase of a

Here’s a look at the heavy surf sea trials of Safehaven Marine’s new XSV 17 craft during several days of recent storms to hit

The U.S. Coast Guard and other federal and local agencies are continuing to respond to the tugboat Samson Mariner that ran aground and spilled fuel while

By Michel Rose PARIS, Feb 17 (Reuters) – France does not want Italian shipbuilding group Fincantieri to hold more than 50 percent of bid target STX

Check out this amazing video that apparently has been on YouTube for a few years now, but is just now getting attention after it was posted as a gif to

By Mark Gilbert (Bloomberg View) — About a year ago, I wrote a couple of columns examining the data available in the industries responsible for moving

SEOUL, Feb 17 (Reuters) – A South Korean court declared Hanjin Shipping Co Ltd bankrupt on Friday, after ruling earlier this month that the firm’s

BAGHDAD, Feb 17 (Reuters) – Iraq plans to acquire a “large fleet” of oil tankers to transport the OPEC nation’s crude to global

By Mike Wackett (The Loadstar) – Beleaguered panamax containership owner Rickmers Maritime Trust (RMT) has pleaded with its creditors for help to

The salvage of the APL Austria has entered the mop-up phase after a major fire broke out in one of the vessel’s cargo holds as it was off Port

By Hugh Bronstein ROSARIO, Argentina, Feb 16 (Reuters) – When a boat carrying soy oil destined for India ran aground on the Parana River near Buenos

Norwegian Cruise Line Holdings has placed an order for four new next-generation cruise ships at Italian shipbuilder Fincantieri for the NCL brand. The order

SHANGHAI, Feb 16 (Reuters) – Two container shipping lines, France’s CMA CGM and Israel’s Zim, have signed up with Alibaba to allow customers

Friday Update: The Coast Guard said 1,100 gallons of diesel were spilled from the tugboat. The tug and barge have been secured. Story here.  Thursday: A

CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest e-commerce platform Alibaba. The agreement is for