K-Line to Pay $67 Million Criminal Fine for Role in Ro-Ro Price Fixing Conspiracy
Japan's Kawasaki Kisen Kaisha Ltd., aka K-Line, has agreed to plead guilty and to pay a $67.7 million criminal fine for its role in a 15-year-long price fixing
Japan's Kawasaki Kisen Kaisha Ltd., aka K-Line, has agreed to plead guilty and to pay a $67.7 million criminal fine for its role in a 15-year-long price fixing
By Kyunghee Park Sept. 30 (Bloomberg) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder, is planning to set up its first overseas
Unfortunately we don't have any info about this video whatsoever except that we can see it was filmed onboard a Chinese-flagged ship and, yes, it actually does
Nordic American Tankers Limited says that one of its vessels was involved in the rescue of 150 migrants in distress after their wooden boat began experiencing
A port operator in UK has pleaded guilty to health and safety breaches and has been sentenced to pay £650,000 (just over $1 million USD) relating to the fatal
A P&O ferry suffered a fire onboard Monday as it approached the port of Calais in Northern
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Rates in the long-range tanker market for transporting oil products softened on Monday as lighter bookings took a toll on
Caroline Power and Nicholas Bach filmed a remarkable event while on a trip to Chatham Bay, Costa Rica. In the following video, a 7-foot tiger shark is
Liquefied natural gas will gain a “significant” market share in the transport sector by 2035, the International Center for Natural Gas Information
In May 2008, capesize vessels – hard to believe now – were averaging $155,000 pd on the spot market, while the ‘front leg’ of the trade Tubarao
By Rob Almeida and Shubin Aleksey Rosneft estimates 338 billion cubic meters of gas and 100 million tons of oil have just been found in a new field in
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SAN FRANCISCO, Sept 26 (Reuters) – The Golden Gate passenger ferry system, California’s largest, was shut down on Friday by striking boat captains,
President Obama on Thursday signed a proclamation designating the world's largest marine reserve and declaring it completely off limits to commercial fishing
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A Dutch engineering firm has come up with a unique solution that it believes could be the answer to road and waterway traffic congestion caused by the raising
Here's a new video showing a look at the painting of Atlantic Offshore's new PSV Ocean Art, dubbed the "coolest looking" vessel in the North
The U.S. Coast Guard is investigating a fatal Thursday night collision between a towboat and a small pleasure craft on the Ohio River near Cincinnati that left
Brazilian iron ore miner Vale SA signed a strategic framework agreement with China Merchants Group, a company owned by the PRC, whereby 10 new Very Large Ore
Under contract to Statoil, the Transocean Spitsbergen discovered a 15 meter column of gas while drilling in the Pingvin Prospect NNW of the Johan Castberg
BHP Billiton Ltd., Australia’s biggest oil and gas producer, backed plans to develop what may be the world’s largest floating liquefied natural gas
The world’s two biggest palm oil producers cut export taxes on most shipments to zero, seeking to lure buyers amid a global glut in edible oils that sent
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Today, September 25, Russia’s marine research ship “Professor Hlyustin” left the port of Vladivostok with a group of scientists and cadets on
Lithuania continues to ready the country’s infrastructure for the upcoming arrival of 170,000 cbm FSRU Independence to the Port of Klaipeda.
With a record U.S. harvest just coming in, the river transportation system that is at the heart of the nation's farm economy is overstrained by rising demand
Finnish cargo company Containerships Group says it has ordered two additional LNG-fueled containerships for operations in Europe's short-sea trade where new
German Shipyard Flensburger Schiffbau-Gesellschaft (FSG) announced today it has been taken over by Norwegian firm Siem Industries, a company with extremely
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