News

An explosion at oil and gas operator Fieldwood Energy's Echo Platform in the Gulf of Mexico on Thursday killed one person and injured at least one, but no

Dry bulk shipping firm Golden Ocean reported third-quarter earnings below expectations on Friday and said charter rates remained too low to ensure

The Australian Maritime Safety Authority (AMSA) has prosecuted China Earth Shipping Incorporated, the owners of Panama flagged bulk carrier Xin Tai Hai and

It’s going to cost them upwards of USD $350 million, however Norwegian energy major Statoil has decided to cancel the Stena Carron rig contract after

China Oilfield Services Limited (COSL) accepted delivery today of the COSLProspector, their fourth deep-water semi-submersible drilling rig built by CIMC

The cost of the U.S. Navy’s new aircraft carrier is likely to keep rising from the $12.9 billion now estimated, with the final price masked by deferring some

Stena Line is taking Stena Germanica out of service for 6 weeks in early January for conversion to clean and green methanol fuel. Here's the video from

Austal USA has been cited by the U.S. Department of Labor officials and may have to pay more than $40,000 in penalties related to 12 safety and health

Construction of Nicaragua's $50 billion Interoceanic Grand Canal, expected to rival the Panama Canal, will begin Dec. 22 after feasibility studies have been

The IMO has awarded Captain Andreas Kristensen and the crew of the MV Britannia Seaways for the 2014 IMO Exceptional Bravery at Sea

With a capacity to carry 19,000 TEUs, the recently named MV CSCL Globe is the world’s largest containership by cargo capacity. But that’s not all

The U.S. Navy reports two of their supply ships, USNS Amelia Earhart (T-AKE 6) and USNS Walter S. Diehl (T-AO 193) collided today as they were beginning an

While supporting Combined Task Force 150 (CTF 150) off the coast of east Africa, Australia’s Anzac-class frigate HMAS Toowoomba discovered 388 kgs of

The unrecoverable credit granted Tankoil was never submitted to the board, let alone authorised by it, said Chairman Niels Henrik

APM Terminals signed a Memorandum of Understanding (MOU) today with the Government of Ghana, representing a private investment in excess of USD $1 billion for

Seaspan Ferries Corporation, a unit of Vancouver-based Seaspan Marine Corporation, says it has awarded a contract to Sedef Shipyard of Istanbul, Turkey for the

A Royal Malaysian Navy hydrographic vessel partially sank while docked at a naval shipyard where it was scheduled to undergo maintenance and

Norway faces more delays in offshore oil and gas projects and reduced exploration next year after the value of crude slumped by a third, according to the

Damen Shipyards says it has inked a contract with Monaco-based Compagnie Maritime Monégasque SAM for the construction of five Fast Oil Spill Response Vessels

Britain's Baltic Exchange faces competition from EEX, part of Deutsche Borse, as it tries to revive its loss-making Baltex dry bulk freight derivatives