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Singapore-based Sembcorp Marine announced today that they have secured contracts worth approximately USD $4 Billion from Sete Brasil ParticipacÇ’es S.A.

(Bloomberg) — Neptune Orient Lines Ltd. said its container-shipping arm, Asia’s third-biggest, had the first quarterly profit since 2010 because of

Tidewater Inc.’s (TDW) fiscal first-quarter earnings rose 34% on higher vessel revenue in its Sub-Saharan Africa/Europe regions, though American vessel

LONDON–BP PLC (BP) is exploring options for importing liquefied natural gas to India through its joint venture with Reliance Industries Ltd.

(Dow Jones) Ronai and Ronai LLP, a U.S.-based law firm, filed a $400 million compensation claim demanding payment from the operators of Italian cruise liner

(Bloomberg) — The cheapest iron ore in 31 months and the lowest shipping costs on record are poised to increase the number of cargoes going to China,

Principals of Rethymnis & Kulukundis Ltd., the UK-based shipbrokers and agents, have taken delivery of the first vessel built at Daewoo Shipbuilding and

Faced with a petition from ToxicsWatch Alliance, an environmental organization in India, the Supreme Court ruled last week that end-of-life ships containing

(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships

(Bloomberg) — Iran probably would attempt to block the Strait of Hormuz at the mouth of the Persian Gulf only as a “last resort,” according

LONDON–Falkland Oil & Gas Ltd. (FOGL.LN) said Monday that a second large international oil company has taken a significant interest in its South

(Bloomberg) — Oil companies off Greenland’s shores may be basing risk assessments on outdated information as icebergs splinter the island’s

Since 1968, Italian Shipping Company Ignazio Messina & C has specialized in offering ro-ro container services to the Red Sea and East Africa.  With a

According to US Coast Guard officials, a 55 year old crew member of the containership Jupiter suffered third degree burns while attempting to put out a fire

Sea Trucks Group, a Netherlands-based offshore supply and support vessel owner, confirmed that four of its sea-going staff were kidnapped in a violent attack

“Much of Alaska’s coastal area has never had full bottom surveys to measure water depths,” according to Cmdr. James Crocker, commanding

Petrobras signed contracts today with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12

An agreement was filed yesterday in U.S. District Court in San Juan, Puerto Rico, in which Crowley Liner Services, Inc. (CLSI) agreed to plead guilty to

HONG KONG–Container shipper Orient Overseas (International) Ltd. (0316.HK) said Thursday it signed contracts to buy US$347 million worth of equipment

Crowley Liner Services (CLSI) on Monday was slapped with a $17 million fine after pleading guilty to felony price fixing charges relating to its freight