News

Sept. 16 (Bloomberg) — Danske Bank A/S said Eivind Kolding will step down as chief executive officer today as the board replaces him with a candidate it

Hyundai Mipo Dockyard announced today the winning of a KRW 198 million order to build 5 Liquefied Ethylene Gas carriers from an undisclosed European shipowner.

A Washington State Ferry collided with a sailboat Friday in the San Juan Islands, sinking the sailboat but luckily sparing any

Large-scale gas exports from the United States will narrow the gap between U.S. domestic prices and those in Asia, but the boost to U.S. domestic gas prices is

Singapore shares were slightly lower on Friday, but oil and gas services provider Ezra Holdings Ltd surged to an eight-month high on market speculation about a

An Olympic organizing committee in Russia unveiled plans today to take the Olympic torch relay to the North Pole ahead of the XXII Olympic Winter Games in

With the parbuckling of the Costa Concordia nearly upon us, this recent aerial photo of the wreck site gives us a good view of what salvors are working

Stena Bulk and South Korean Hyundai Glovis, the Hyundai group’s shipping arm, have announced a plan to work together on a long term shipping strategy

The Captain and First Officer of a British high-speed passenger ferry involved in a fatal 2011 crash with a fishing boat were convicted of manslaughter by a

Ulstein announced today that Singapore-based OSV operator, Pacific Radiance Group, has ordered the building of two platform supply vessels of their PX121

A helicopter assigned to a Canadian Coast Guard icebreaker has crashed into the Arctic Ocean, killing all three people on board including the icebreaker's

On September 17, McAllister Towing and Reinauer Transportation will be partnering with the U.S. Coast Guard Sector Long Island Sound and Sector New York in a

A heads up tugboat crew helped in averting a potentially disastrous situation late Friday night when they hauled in a 250-foot, unlit and unmanned grain barge

NEW YORK, Sept 9 (Reuters) – Japan’s Toshiba Corp has agreed to buy liquefied natural gas from the proposed Freeport LNG export plant in Texas,

(Bloomberg) — Mitsui Engineering & Shipbuilding Co., the heavy machinery maker whose merger talks with Kawasaki Heavy Industries Ltd. fell apart

The Tanzanian-registered cargo ship MV Gold Star, loaded with an estimated 30 tons of cannabis, caught fire on Friday 6 September while in international waters

Researchers at the University of Houston have uncovered the largest single volcano on earth, laying thousands of feet below the surface of the Pacific Ocean.

Caterpillar Marine has announced the acquisition of Johan Walter Berg AB has successfully closed. The merger deal between CAT and Berg was announced on July

GasLog (NYSE: GLOG) announced further expansion of their shipping fleet today in the form of an additional LNG carrier from Singapore-based STX Pan Ocean.

Air officials in the U.K. have ruled out technical failure in last month’s fatal crash of a Super Puma helicopter in the North Sea near Scotland’s