News

This past Saturday a Filipino sailor on board the J.J. Ugland-owned bulk carrier MV Favorita was killed while cleaning one of the vessels cargo holds.

Brazilian tycoon Eike Batista quit as chairman of Brazilian port operator LLX Logística SA on Wednesday, after agreeing to sell control of the company to

Durban-based salvage company Subtech released the following photos of the salvage operation they are currently conducting off Richards Bay, South Africa

Jim Rogers is seriously concerned about the impact of continual and expansive monetary policy coordinated by central banks around the globe. We have even seen

Rolls-Royce announced today that the largest capacity Syncrolift® shiplift to be built in Vietnam is now officially open for service. The Syncrolift has been

By Wendell Roelf CAPE TOWN, Aug 28 (Reuters) – Africa’s biggest coal export port is be expanded in a $192 million investment designed to help

DUBAI/SEOUL, Aug 28 (Reuters) – South Korea’s Hyundai Heavy Industries is close to winning an order worth about $1.4 billion to build 10 huge

Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more

While Lebanon’s growth has suffered during the 2 1/2 year conflict next door in Syria, Port of Beirut traffic has risen as traders avoid risky overland

In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese

With Texas one of the few bright spots in the U.S. economy, the skyline of swaggering Houston is where the action is as builders and global oil companies, from

Thialf, the world’s largest crane vessel was recently put to work in the North Sea by Swiss power and automation group, ABB, to install the world’s

eNCA News posted an update today on the ongoing salvage of the MV Smart and the potential environmental impact of the cargo of coal that is open to the

Swire Pacific Offshore (SPO) reported very positive results in their mid-year financial report today. The Hong Kong-listed offshore supply vessel operator

Why has there been a relatively sudden demand spike for dry bulk shipping since June 2013? The origins lead directly back to an “Unofficial Economic

Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, boosting rates for Safe Bulkers Inc. and

Greenpeace accused Russia on Monday of trying to block its protest against offshore drilling in the mineral-rich but ecologically fragile Arctic after Russian

The “fourth pillar” of maritime regulation – the Maritime Labour Convention (MLC) – is now in place and along with high hopes for

Aug. 26 (Bloomberg) — Songa Offshore SE, a Cyprus-based offshore drilling contractor, slumped the most in six months in Oslo trading as delays in rig

HOUSTON /Press Release/ – ABS, a leading provider of global maritime classification services, has taken another step forward to meet industry needs with