News

By David Spaic-Kovacic and Marja Novak PORTOROZ, Slovenia, Oct 25 (Reuters) – Countries led by Japan on Tuesday blocked a move by South American and

Offshore drilling contractor Transocean has announced plans to scrap three rigs previously held for sale. In a fleet update on Tuesday, the Swiss-based company

WASHINGTON — The U.S. Coast Guard is mourning the recent loss of one of its former commandants, Adm. Robert E. Kramek, who died Oct. 20, 2016. Kramek served

SINGAPORE, Oct 25 (Reuters) – Singapore’s Sembcorp Marine Ltd swung to a loss in the third quarter and the rig builder’s revenue was hurt by

By Nikolaj Skydsgaard COPENHAGEN, Oct 25 (Reuters) – Egypt is in talks with global shipping firms to change the way it charges vessels to pass through

New Orleans-based OSV company Tidewater Inc. has been given just three more weeks to reach a deal with its lenders and bondholders before it will be forced to

By Grant Smith NEW YORK, Oct 24 (Reuters) – U.S. oil and gas industry workers have contributed only slightly more money to the campaign of Democrat

A proposed vessel-sharing alliance involving some of the world’s biggest container shipping companies has cleared a major regulatory hurdle with approval

Ship Discharged Oily Waste on Voyage from China to Seattle; False Log Books given to Coast Guard Inspectors A district judge in Seattle, Washington has

By Denise Wee (Bloomberg) — Strains are spreading in Singapore’s debt market as more firms in the maritime sector with borrowings coming due grapple

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s largest container line that has put its Asia-U.S. business on sale after filing

By Abdi Sheikh MOGADISHU, Oct 22 (Reuters) – Somali pirates have freed 26 Asian sailors held captive in a small fishing village for more than four years

By Mike Stone Oct 21 (Reuters) – Huntington Ingalls Industries Inc is in talks to buy government services contractor Camber Corp for nearly $400 million

By Caroline Winter (Bloomberg) — Self-made millionaire Gregory Sancoff has spent a decade and $19 million building a highly unusual stealth boat. Called

The Danish Maritime Authority is preparing for a future that includes autonomous ships by launching a pre-study on the matter. The Authority says that unmanned

By Keith Wallis SINGAPORE, Oct 21 (Reuters) – Freight rates for very large crude carriers (VLCCs) could dip but are likely to remain firm next week on

Long video but worth a watch if you want to see one of the most unique ships of the last decade in action. The ship is Allseas’ Pioneering Spirit,

Louisiana-based Edison Chouest Offshore is building 13 Damen-designed heavy duty mooring assistance and escort tugs in response to two major contract wins in

A group of 52 leading maritime players have called on the International Maritime Organization to act on cutting emissions from the shipping industry ahead

Norway-based Norsafe, a leading manufacturer of marine life-saving equipment for the commercial and offshore market, says it is concerned about the recent