News

Malaysian FPSO and OSV conglomerate Bumi Armada says their CEO Mr Hassan Basma has requested an early release of his contract of employment according to a

Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data

An amazing video from Sailing World shows the moment the Team Vestas Wind crashed their 65-foot racing yacht into a reef in the middle of the Indian Ocean

A European court has ordered France to pay thousands of euros in compensation to a group of Somali pirates over a 48 delay in presenting the accused men before

The new ECO coal carrier MV Soma Maru has been named the "Bulk Ship of the Year" at the International Bulk Journal Awards 2014 held in Rotterdam last

The Philippines is on track to get walloped by yet another super typhoon as a strong Category 5 storm takes aim at the central

Greece's Alpha Bank raised more than $500 million from a transaction backed by shipping loans, it confirmed on Thursday, one of the first of its kind by a

Check out this awesome time-lapse showing the construction of a Triple-E (lego kit) at the LSME shipyard (that would be Lego Shipbuilding & Marine

Australia’s Senate voted early today to support legislation backed by Prime Minister Tony Abbott that denies asylum seekers arriving by boat the right to

Eccentric billionaire Sir Richard Branson has made good on rumors of launching his own Virgin cruise ship brand with the formation of Virgin

Last night some security camera captured video of a pier collapsing in Eastport, Maine. The U.S. Coast Guard says it was notified at approximately 2:20 a.m.

By Naomi Christie Dec. 4 (Bloomberg) — When OPEC sent oil prices tumbling last week by deciding not to tackle a global glut of crude, shipping companies

Mitsui Engineering & Shipbuilding Co. announced today the winning of an order to supply four dual fuel 2-stroke engines to Japan’s biggest shipbuilder,

Ouch. This incident happened Tuesday evening on Florida’s Intracoastal Waterway in North Miami. The 161-foot Rockstar was damaged but none of the 15

The House of Representatives on Wednesday passed H.R. 5769, the Howard Coble Coast Guard and Maritime Transportation Act of 2014, by an overwhelmingly

Cash-strapped maritime security firms are being forced to use fewer costly elite guards and to diversify into other businesses such as cyber security, as a

Prosecutors in the manslaughter trial of the former captain of the Costa Concordia have presented to the court a new video allegedly showing the captain

Authorities in Greece are trying to piece together the source of a large quantity of smuggled cigarettes found onboard an abandoned ship at the Greek island of

Vessel traffic on the Florida's Intracoastal Waterway is restricted Wednesday after a span of a draw bridge closed onto a the deck of a luxury yacht near

The giant Pieter Schelte pipeline installation/rig decommissioning ship has lost its 2015 summer job laying pipe for the $40 billion-euro South Stream