News

Foreign container shipping lines are giving up on Iranian business ahead of new U.S. sanctions in July, dealing a further blow to Tehran's vital seaborne

President Barack Obama saying the country will probably become a net exporter of natural gas signals that new volumes will add demand for ships hauling the

Recent lobbying blitz makes case for $150 million more each year from the U.S. government to upgrade infrastructure on the nation's major

The U.S. Coast Guard on Sunday rescued 14 passengers from a Duck Boat after it caught fire in San Francisco

Harvy Gulf International Marine has signed fleet expansion deals totaling $540 million.

The Marine Engineers’ Beneficial Association Raises Awareness of U.S. Mariners in the Cruise Industry in Light of Media Coverage Washington, DC (Press

Marathon Petroleum Corp. is unable to load oil from a barge dock on the Mississippi River at Wood River, Illinois, which may depress Canadian oil prices if

Crowley Maritime Corporation has christened its 17th and final ATB as part of a $1 Billion, decade-long construction

Concerns over increased risk of corrosive wear in cross-head engines have prompted Castrol Marine to renew its advice to ship owners regarding best practice in

Offshore contractor EMAS AMC announced this week that it has been awarded a USD $75 million contract from Statoil to provide subsea engineering, procurement

South Korea's STX Offshore & Shipbuilding Co is considering the sale of shipyards in France, Finland and

(Bloomberg) — A slump in the price of iron ore may be the catalyst for China to start importing more of the steelmaking raw material and for shipping

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in

(Bloomberg) — The owners of Scandlines, 3i Group Plc and Allianz Capital Partners GmbH, received three bids for the Danish-German ferry operator in a

After a $10.9 million loss in the first quarter this year, SEACOR Holdings’ (NYSE:CKH) Executive Chairman of the Board, Charles Fabrikant was justifiably

In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker

(Bloomberg) — BG Group Plc, the U.K.’s third-largest oil and gas producer, rose the most in almost a year after reporting production and liquefied

"The Jones Act may be a protectionist anachronism, but there is no prospect of meaningful reform in the next few years." - By John

In October 2011, GDF SUEZ and CNOOC signed a cooperation agreement to work on a China-based LNG Floating Storage Regasification Unit project.  The basis of

“I am pleased with our results,” commented Angeliki Frangou, Chairman and CEO of Navios Acquisition on her company’s first quarter