News

At least two people were killed in what has been described as a large explosion aboard an inland tanker berthed in Duisburg, Germany. Local media reports says

March 31 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on

Some cool drone footage by Youtuber Jersey Drone of ships left abandoned at Staten Island’s Arthur Kill ship graveyard, eerily located on the Arthur Kill

With the debate over strengthening U.S. boarder security focussed almost exclusively on the illegal movement of people and drugs into the southern United

COPENHAGEN, March 31 (Reuters) – The world’s third largest port operator APM Terminals said it will invest 758 million euros ($858.3 million) in a

By Keith Wallis SINGAPORE, March 31 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes are set to firm next week as owners

Global mobile satellite communications provider Inmarsat (LSE:ISAT.L) on Wednesday launched its highly anticipated Fleet Xpress, a new service that promises a

By Kyunghee Park and Clement Tan (Bloomberg) — China Cosco Holdings Co. posted a 22 percent slump in earnings last year, while China Shipping Container

VT Halter Marine has set the main engine onto the first of two LNG-powered combination container and Roll/On-Roll/Off cargo ships being built for Crowley

French offshore services provider Bourbon Offshore has announced a major expansion into ethane gas transportation as the company weathers a “very

By Thomas Escritt and Francesco Guarascio THE HAGUE/BRUSSELS, March 30 (Reuters) – The European Union and India failed on Wednesday to defuse a

Maersk Drilling says it has received a notice of early contract termination from its client for the ultra-deepwater semi-submersible Mærsk Deliverer. The

Four crew members kidnapped from a chemical tanker earlier this month off the coast of Nigeria have been released in good health, the International Maritime

By Gavin van Marle (The Loadstar) – The continuing low levels of the waters of Gatun Lake in Panama could pose a long-term challenge for the country’s

By Luca Casiraghi, Dinesh Nair and Steven Church (Bloomberg) — Seadrill Ltd., the offshore driller with the biggest debtload, hired Houlihan Lokey Inc.

By Andrea Shalal WASHINGTON, March 29 (Reuters) – Huntington Ingalls Industries Inc Chief Executive Mike Petters urged the U.S. Navy to accelerate its

The captain of a tugboat involved in the construction of the new span of the Tappan Zee Bridge has died after suffering a medical emergency aboard the vessel.

Film by JefferyHK from aboard the 8,000 TEU containership OOCL Atlanta as it the Tsing Ma Bridge headed for the port of Hong Kong. Check out Jeffery’s

PARIS, March 29 (Reuters) – Seven Somali men accused of hijacking a French yacht in an assault in which its owner was killed and his wife abducted in the

With the increasing number of laid up platform supply vessels due the downturn in the offshore oil and gas industry, Dutch shipbuilder Damen Shipyards