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Hercules Offshore has just reported that one of their liftboats was caught in the fire that originated from Chevron’s KS Endeavor jack-up yesterday

The following is the latest update from the Australian Maritime Safety Authority regarding the MV Tycoon, the Panamanian-flagged general cargo vessel that

SINGAPORE (Dow Jones)–Norwegian oil major Statoil ASA (STL.OS) has chartered a vessel to ship North Sea Forties crude oil to Asia, in what could be at

A fire has broke out on a Chevron-owned jack-up rig operating offshore Nigeria.  The fire was reported on the K.S. Endeavor in the Nigeria Delta region on

The chemical tanker MT FAIRCHEM BOGEY has been released by Somali pirates just five months after it was hijacked, according to a report by the Somalia Report.

LONDON -(Dow Jones)- Brazilian iron ore producer Vale SA (VALE) will likely wait until the end of the Lunar New Year to sell a massive cargo of iron ore

Carisbrooke Shipping took delivery of the first SUPER GREEN 8500 vessel from China’s Jiangsu Yangzijiang Shipbuilding. The vessel was delivered after

Three large commercial vessels who were assessed civil fines  for violating speed limits in areas designated to protect an endangered whale species have paid

Mobile and broadband at sea — we are officially living in the future. Swedish telecommunications company Ericsson and Maersk Line, the world’s

With Christmas Island battling a spill of phosphate and fuel oil making national headlines some of the leading environmentalists are equally disturbed by

The Panamanian-flagged general cargo vessel MV TYCOON that broke free of its mooring on Tuesday and grounded on Christmas Island in Australia has broken in

A Korean fishing vessel caught fire early Wednesday morning in the Ross Sea, approximately 2,000 nautical miles southeast of New Zealand, killing three crew

For the first time in 2012 (unless you count this), Somali pirates have successfully hijacked a ship sailing in the Gulf of Aden. Few details are known however

Maersk Line, Limited said today it has completed the reflagging of the MAERSK ILLINOIS, MLL’s newest multipurpose heavy-lift vessel, to the U.S.

Container shipping industry analyst Alphaliner said today that overcapacity in the liner industry will continue into 2012 as supply growth continues to

South Korean shipbuilding heavyweights Daewoo Shipbuilding and Marine Engineering, Samsung Heavy Industries and Hyundai Heavy Industries are considering a

Somali pirates have released the Maltese-flagged tanker M/V OLIB G and her crew of 18, according to a report by the Somalia Report. The vessel and her crew,

UDPATED: January 2012 The data visualization above represents the worlds 10 largest container shipping companies by TEU capacity. WORLD TEU CAPACITY:

Transocean Ltd. (NYSE: RIG), the world’s largest offshore drilling contractor, said today that its Executive Vice President and Chief Financial

Maersk Line Limited has agreed to pay the U.S. government $31.9 million to settle allegations that Maersk “knowingly overcharged” the U.S.