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Hapag-Lloyd AG said third-quarter profit plunged almost 64 percent as Europe’s fourth-largest container-shipping line confronted low busy-season prices

The United States is likely to export 10-15 billion cubic meters (bcm) of liquefied natural gas (LNG) per year to Europe from 2020, although it will ship much

Swiss-based Allseas announced Monday its plans to build a second single-lift platform installation and decommissioning catamaran at Daewoo Shipbuilding and

Super Typhoon Haiyan, the year’s most powerful cyclone, slammed into the central Philippines, killing at least four people, cutting power and

The International Maritime Bureau's Piracy Reporting Centre reports that 10 armed pirates boarded and hijacked a product tanker Thursday while underway

Super Typhoon Haiyan, the equivalent of a Category 5 hurricane, slammed into the Philippines today after forcing thousands of people to

The European Union's Naval Force Somali reported Thursday morning of two piracy incidents taking place off the coast of Somali this week, bringing the total

A Ukrainian warship this week thwarted a pirate attack on a vessel in the Gulf of Aden, the Ukrainian Ministry of Defence said in a statement on

Defence contractor BAE Systems plans to lay off 1,775 ship workers across the UK as the biggest warships Britain has ever built near completion with no

When the newly widened Panama Canal opens in 2015, it will handle an estimated 12 million metric tons of liquefied natural gas annually, something cargo

This week marks the 20th episode of gCaptain Radio sponsored by Six Maritime. gCaptain Radio is a weekly talk show discussion with gCaptain founder John

The U.S. trial of a Somali man accused of piracy off the Horn of Africa began on Monday, with prosecutors portraying him as a ransom-hungry negotiator and his

Pirates off the Horn of Africa pocket as little as 0.01 percent of ransoms, which they tend to spend on alcohol, expensive cars and prostitutes, while

Farstad announced a major new charter contracts today with Petrobras worth upwards of USD $186 million for the IMR vessel Far Saga (2001, UT 745 L) and the

BRUSSELS, Oct 24 (Reuters) – European governments have taken preliminary steps to re-impose sanctions against Iran’s main cargo shipping line,

Oct. 22 (Bloomberg) — OAO Novatek, Russia’s second-biggest natural-gas producer, will supply the fuel in its liquefied form to China National

The Dutch government on Monday asked the International Tribunal for the Law of the Sea to order Russia to release 30 people detained last month during an

For Chinese oil companies, competing in Brazil’s auction today for the giant Libra field represents a change in strategy. A successful bid would be their

This week marks the 18th episode of gCaptain Radio sponsored by Six Maritime. gCaptain Radio is a weekly talk show discussion with gCaptain founder John

This week marks the 17th episode of gCaptain Radio, a weekly talk show discussion with gCaptain founder John Konrad and radio host Jeff Eckles. gCaptain