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Speaking yesterday at Connecticut Maritime Association’s Shipping 2013 conference in USA, Mr Masamichi Morooka, Chairman of the International Chamber of

U.S. Secretary of the Interior Ken Salazar on Thursday released the findings of a Departmental review of Shell’s troubled 2012 Arctic operations,

By Sabrina Willmer and Devin Banerjee March 13 (Bloomberg) — Wilbur Ross Jr. is seeking $500 million for a new private-equity fund that will buy

Scorpio Tankers (NYSE: STNG) announced Wednesday yet another equity offering, giving a strong indication that the company will continue its buying spree of

NEW DELHI (Reuters) – India summoned the Italian ambassador on Tuesday to protest Rome’s decision not to send two marines charged with killing

Private security firms are proving that armed security teams are an effective means of protecting individual ships but is it the only option? In 2012 the

The release of the MT Smyrni and MV Royal Grace reported today and this weekend are big wins, or at least indications of some big steps forward in the war

March 11 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Monday, primarily

A spokesperson from Carisbrooke Shipping has reported today that the 3 kidnapped officers  from their cargo ship “Esther C,” have been released

LONDON, March 11 (Reuters) – European Union targets to reduce sulphur emissions from the shipping sector will lead to huge costs for the British marine

ConocoPhillips on Thursday revealed that it is moving ahead with plans to drill up to two exploratory wells in Alaska’s arctic waters in 2014 where rival

Some new video has surfaced showing damaged sustained by the offshore supply vessel, MV Walvis 7, following an attack offshore Nigeria. Crew members of the

March 6 (Reuters) – DryShips Inc reported a bigger-than-expected quarterly loss as voyage revenue in its drybulk carriers business fell. Shares of

By Oleg Vukmanovic and Joyce Lee LONDON/SEOUL, March 6 (Reuters) – South Korean shipbuilder Samsung Heavy Industries on Wednesday cancelled a $2.39

By Henning Gloystein and Jonathan Saul LONDON, March 5 (Reuters) – North European ports are leading a switch to natural gas as a cleaner way to power

By Environment Correspondent Deborah Zabarenko WASHINGTON (Reuters) – The quickest way to get goods from Asia to the U.S. East Coast in 2050 might well

By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal

By Rebecca Penty and Sara Forden (Bloomberg) — Cnooc Ltd., China’s largest offshore oil and natural gas producer, was barred from controlling

Successful or not, if you attack a ship, you are a pirate… and you will be convicted. Period. A federal jury in Virginia this week convicted five Somali

By Yereth Rosen ANCHORAGE, Alaska, Feb 27 (Reuters) – Royal Dutch Shell Plc will not drill for oil in Alaska’s Arctic seas this year, the company