News

Deepwater drilling contractor Ocean Rig UDW has announced two drilling contracts held with two separate clients have been terminated, with CEO George

By Margaret Cronin Fisk (Bloomberg) — Federal prosecutors have one last chance to send someone to jail over the deadly 2010 BP Plc Gulf of Mexico well

By David Tweed (Bloomberg) — China sparked new questions about its intentions in the South China Sea after it deployed surface-to- air missiles to a

Feb 17 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fourth

Wärtsilä has announced that it has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deep water dive support

By Mark Ellwood (Bloomberg) — Floating amid mega-yachts in Monte Carlo’s crowded harbor during the May 2015 Monaco Grand Prix was a startling sight:

By Mike Wackett (The Loadstar) – DP World’s two UK container terminals at London Gateway and Southampton are to offer shippers container weighing

By Barbara Liston Feb 16 (Reuters) – The captain of the U.S. cargo ship that sank off the Bahamas in a hurricane last fall, killing all 33 people on

Three people were pulled from the frigid waters of the Boston Harbor cold but alive after their 55-foot tugboat sank suddenly Tuesday morning. The U.S. Coast

COPENHAGEN, Feb 16 (Reuters) – Maersk Line, the world’s largest container shipping company, said on Tuesday it would change the way it publishes

The U.S. Coast Guard has issued an interim guidance for the training of deck and engineer officers serving on ships subject to the Polar Code. The

OSLO, Feb 16 (Reuters) – Global offshore drilling rig rates will remain at loss-making levels as the market continues to suffer from overcapacity,

Feb 16 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, on gains

Investigators with the U.S. Coast Guard are getting ready to kick off the nine days of hearings in the probe into the loss of the American cargo

A new study revealed that currently there is no scientific data to support a change in working hours for towing vessel crew members. The study, conducted for

Norwegian oil major Statoil has announced the start of construction on the first of four topside units for the giant Johan Sverdrup oil field offshore Norway.

By Divine Ramzi (Bloomberg) — Piracy in West Africa’s Gulf of Guinea has declined as the price of oil plunged to the lowest level since 2002. While

By Rosalind Mathieson (Bloomberg) — China’s increased reliance on non-naval ships to assert its claims in the South China Sea is complicating U.S.

A large crack that threatened the delivery of the Panama Canal expansion and pushed its planned opening back by several months has been fixed, the

Video shows the moment the Singapore-flagged cargo ship Xetha Bhum plowed into a pedestrian walkway lining the Chao Phraya River near the Bhumibol Bridge in