News

By Nikolaj Skydsgaard COPENHAGEN, Oct 26 (Reuters) – DONG Energy may shed its oil and gas business, sharpening its focus on wind power and potentially

COPENHAGEN, Oct 26 (Reuters) – Other container shipping firms may join Hanjin Shipping Co Ltd in receivership before the industry emerges from its

The International Transport Workers’ Federation has raised its concerns over the safety of the Panama Canal’s new locks amid what it says is a

By Kyunghee Park (Bloomberg) — South Korea’s shipbuilding industry — home to the world’s top three manufacturers — has eliminated

Norway’s Statoil has announced it has decided to cancel the contract with Stena Drilling for the mobile rig Stena Don. The rig has been on contract

Dubai-based DP World handled 47.5 million TEU across its global portfolio of container terminals during the first nine months of 2016, with gross container

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