Scary Scene in China as Barge Capsizes on Yangtze River, Five Missing [VIDEO]
Five people are reportedly missing after a barge capsized Monday morning on the Yangtze River in southwest China's Chongqing
Five people are reportedly missing after a barge capsized Monday morning on the Yangtze River in southwest China's Chongqing
Switzerland-based drilling contractor Noble Corporation (NYSE: NE) announced today plans to reincorporate from Zug, Switzerland to the United Kingdom. The
(Bloomberg) — Qatar Gas Transport Co., the operator of liquefied natural gas vessels, said its joint venture with Angelicoussis Shipping Group Ltd.
Caterpillar Inc. (NYSE: CAT) has signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading
Singapore-based rig-builder Sembcorp Marine announced today that they have signed newbuild orders for two jack-up rigs from Integradora de Servicios Petroleros
(Bloomberg) — The world’s biggest natural gas exporters will seek to defend linking prices to the cost of oil even after courts ruled they
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South Korean shipyards Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy announced orders on Monday with a pair of LNG carriers and a
By Fredrik Dahl VIENNA, June 30 (Reuters) – The top U.S. energy official said he believed the oil market could cope with any further reduction of
I’ve had serious reservations about the future of the America’s Cup over the past few years, even more so since the tragic death of Andrew
In August of last year, the bulk carrier M/V Ocean Breeze found itself being absolutely pummeled by huge surf on a Chilean beach approximately 1.5 miles south
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Years ago if you wanted to import bananas you had two choices. You could pick the bananas when they were still green and un-ripened so they would arrive a
June 28 (Reuters) – Shipping company Ardmore Shipping Corp filed with U.S. regulators to raise up to $160 million in an initial public offering of common
The development of a new type of 20ft container technology has taken a step further with the completion of a trial shipment of the so-called Tworty
Huntington Ingalls Industries (NYSE:HII) announced this week that the company has been awarded a contract for the inactivation of the nuclear-powered aircraft
Mariners aboard USNS Seay (T-AKR 302) rendered assistance to a commercial vessel in distress while underway in the Indian Ocean, June
The outlook for the drybulk shipping market is brightening after a stormy four years, but only those shippers that managed to avoid getting swamped by debt are
Shipping rates for iron ore rallied for the longest since 2006 as record fleet growth slows and amid speculation that demand is rising to deliver the
Singapore-based China Navigation Co. Pte. Ltd (CNCo) has chosen Wärtsilä to supply propulsion packages for 24 of their new Multi-Purpose Vessels and
Owners of large ships using EU ports will have to measure and report annual carbon dioxide (CO2) emissions from January 2018 under proposals the European
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June 28 (Bloomberg) — Subsea 7 SA, an offshore oil services provider, advanced in Oslo as investors bought back into the stock after a
Teekay Market Analyst, Christian Waldegrave notes in his latest conventional tanker market report that there has been very strong growth in non-OPEC oil
Mitsui O.S.K. Lines, Ltd. plans to phase-out and upgrade the six sister vessels to MOL
ExxonMobil has taken a long-term charter on the U.S.-flagged American Phoenix oil tanker at a near record rate of around $100,000 per
The domestic tanker industry in the United States is finding support from the boost in the nation’s crude oil
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