News

By Naureen S. Malik and Stephen Stapczynski (Bloomberg) — The global LNG boom is turning into a war of attrition amid a glut in the seaborne natural gas

The official trailer for the big-budget flick “Deepwater Horizon” starring Mark Wahlberg was released Wednesday, giving a first

By Justin Bachman (Bloomberg) — Take a European riverboat cruise and you get a 13th-century cathedral, vineyards lining the Douro, steaming mulled wine

NOAA’s Office of National Marine Sanctuaries (ONMS) and the U.S. Navy announced on Wednesday the discovery of the wreck of USS Conestoga in the Greater

The U.S. Bureau of Ocean Energy Management (BOEM) has made two major steps recently in the development of offshore wind energy projects in federal waters

By Michael McDonald and Naureen S. Malik (Bloomberg) — The expansion of the Panama Canal, a $5.3 billion project almost two years behind schedule and

WASHINGTON, March 23 (Reuters) – A U.S. Navy tug missing since 1921 has been discovered sunk off San Francisco, officials said on Wednesday, solving a

Inspections of the listing MV Sparna have revealed significant damage to the ship’s hull below the water line as a result of its grounding on the

HAMBURG, March 23 (Reuters) – German container shipping group Hapag-Lloyd said it expected a clear increase in operating profit (EBIT) this year thanks

By Dinesh Nair, Francois de Beaupuy and Ruth David (Bloomberg) — Bourbon SA Chairman Jacques de Chateauvieux is considering a bid to take the French oil

March 23 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday,

Rolls-Royce on Tuesday offered another glimpse into the future of unmanned shipping, revealing for the first time its vision for a land-based control

The Panama Canal Authority (ACP) is once again scheduled draft restrictions for all ships passing through Canal due to a continued drought in the

A 623-foot bulk carrier was damaged below the water line after running aground on the Columbia River near Cathlamet, Washington early Monday morning.

Dutch shipbuilder Ferus Smit has launched the second of two of the world’s first LNG-powered dry cargo ships.  The MV Ireland (Nb. 435), a

By Jonathan Saul and Osamu Tsukimori LONDON/TOKYO, March 22 (Reuters) – Ship insurers have stepped in to help plug a shortfall in cover for transporting

LONDON, March 22 (Reuters) – British defence company BAE Systems has won a 472 million pound ($671 million) contract from the UK government to continue

By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market

By Dhwani Pandya (Bloomberg) — Gifted with a 4,700-mile coastline, India for years has wanted a world class shipping hub that could compete with regional

Some new video posted online shows the moment when two breakaway river cruises became pinned against a bridge on the Beijiang River in the city of