News

Update: The plan calls for the Costa Concordia to be towed to Genoa where the ship will be dismantled, according to reports. The tow is expected to commence

Cheniere Energy announced today that its subsidiary, Corpus Christi Liquefaction has entered into a 20-year sale and purchase agreement (SPA)

A Kirby Offshore Marine tugboat caught fire just after midnight last night while moored at their dock on the north shore of Staten Island. According to local

A diver searching for bodies in a sunken ferry died on Friday after an accident, the coast guard said, as a car believed to be used by a fugitive businessman

A 656-foot freighter has been determined to have ran aground in the St. Lawrence Seaway one day after losing steering in the busy waterway near Wellesley

By Jasmine Ng May 30 (Bloomberg) — Iron ore is heading for a sixth straight monthly decline in the longest losing streak on record as increasing supplies

The U.S. Energy Information Association reports today crude oil exports from the U.S. reached 246,000 barrels per day (bbl/d) of crude oil in March 2014

Mexican authorities issued an arrest warrant for the chief executive officer of Oceanografia SA, the oil services provider seized by the government after

In February 1925, the Buckau, a schooner outfitted with cylindrically-shaped, rotating masts 15 meters tall and 3 meters in diameter, crossed the North Sea

An oil tanker ship exploded off the coast of western Japan today after delivering its cargo, leaving one of its eight crew missing. An update Thursday says the

The shale boom and the Jones Act are saving shipbuilding at the 213-year-old Philadelphia Navy

By Mike Wackett The number of laid-up containerships has fallen to a 30-month low, according to Alphaliner, which recorded just 146 ships of over 500teu idled

By Heesu Lee May 29 (Bloomberg) — The U.S. will benefit from increased oil production and lower gasoline prices if the government lifts restrictions on

Singapore-based ASL Shipyard Pte announced today the receipt of new shipbuilding contracts worth approximately S$91 million for the construction of three ART

The Liberian Registry has concluded its investigation into the pirate-hijacking of the product tanker Kerala off Luanda, Angola, on 18 January 2014. The

An iconic two-masted, square-rigged tall ship famously used in all three of the Pirates of the Caribbean movies has sunk off St.

OSLO, May 28 (Reuters) – Seadrill, the world’s biggest offshore rig firm by market capitalisation, has turned gloomy about prospects for the global

In support of mining and other industries in northeast Canada, Stolt-Nielsen Gas Ltd (SNG) has joined forces with SunLNG Holding and LNGaz in a new joint

A U.S. Navy official said four acoustic pings at the center of the search for missing Malaysia Airlines Flight MH370, which disappeared in March, are no longer

Colombia’s plan to dredge its biggest river could boost coking coal output fivefold, according to the government agency overseeing the project, potentially