News

  Freedom of the Seas captain Ron Holmes addressed his passengers over the ship’s CCTV following last week’s fire on board the ship as it

  By Joe Carroll and Dan Murtaugh (Bloomberg) — Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a

By Nayan Das July 31 (Reuters) – Royal Caribbean Cruises Ltd raised its full-year profit forecast as bookings surge in the Caribbean and the fast-growing

  The Government of Canada announced Thursday that it is investing $22.7 million over the next five years to help improve the safety of marine

  By Timothy Gardner and Valerie Volcovici WASHINGTON, July 30 (Reuters) – The U.S. Senate Energy Committee on Thursday narrowly passed a bill to

  China Shipping Container Lines (CSCL) has entered into agreements for the construction and purchase of eight 13,500 TEU capacity containerships. The

  RIO DE JANEIRO, July 30 (Reuters) – Brazilian mining company Vale SA said on Thursday that it expects to receive $448 million from the sale of

Update 2: The Shell icebreaker Fennica threaded through the human barricade late Thursday. Check out the video from the scene.  Update: Greenpeace

  SINGAPORE, July 30 (Reuters) – Singapore’s Neptune Orient Lines Ltd (NOL) swung to a tiny net profit in its second quarter after six

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc said it’s preparing for a “prolonged downturn” by cutting thousands of jobs and slashing

Arendal Spirit is Teekay’s newest big, round accommodation rig that is currently home to about 500 workers offshore Brazil. The unit is technically

  A group of twenty six Greenpeace activists have suspended themselves from a bridge in Portland, Oregon in an effort to stop Shell icebreaker from

The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced that it is providing $500,000 to support a feasibility study for the

  Alcohol played a role in two fatal accidents involving a UK-flagged workboat that occurred less than five months apart in Spain, the UK Marine Accident

By Marco Bertacche and Dan Liefgreen (Bloomberg) — Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns

SINGAPORE, July 29 (Reuters) – Singapore’s Sembcorp Marine has not received payment from Sete Brasil on drillship projects this year and may slow

  By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating

  By Eric Knecht ISMAILIA, Egypt, July 29 (Reuters) – Egypt has finished building its New Suez Canal, its overseer said on Wednesday, a project

  U.S. Coast Guard investigators have sent for review their initial findings into what caused a 3-foot gash in the hull of Shell’s arctic icebreaker

Some new photos and video from the Besiktas Shipyard in Turkey show the extent of damage sustained by a handymax tanker following its collision with a cruise