News

Transocean Profits Dwindle as Customers Cut Offshore Drilling By David Wethe (Bloomberg)-- Transocean Ltd.'s earnings diminished in the 2nd quarter...

SGX Reveals $103 Bid for Baltic Exchange By Jonathan Saul and Anshuman Daga LONDON/SINGAPORE, Aug 4 (Reuters)-- Singapore Exchange Ltd...

Inmarsat Returns to Growth LONDON, Aug 4 (Reuters)-- British satellite driver Inmarsat reported an increase in earnings in the 2nd...

Oil Traders See Glimmer of Profit Ahead in Storing Crude at Sea By Serene Cheong (Bloomberg)-- Oil investors once more...

Iranian Supertanker Collides With Giant MSC Boxship in Singapore Strait-- Incident Photos An Iranian Very Large Crude Carrier and a...

China COSCO Set to Scoop Up Majority Stake in Piraeus Port ATHENS, Aug 5 (Reuters)-- China COSCO Shipping, which has...

Mission to Recover El Faro's Voyage Data Recorder to Launch from Virginia The National Transportation Safety Board's postponed 3rd goal...

Source: Houlder CB&I, McDermott's storage space company, has actually obtained Approval in Principle (AiP) for its style of a fluid...

Upgrades to Famous Maersk E-Class to Boost Capacity by 1,300 Containers By Mike Wackett (The Loadstar)-- Maersk Line is updating...

Panama Canal Expansion: Contractor's Cost Overruns Claim Dismissed PANAMA CITY (Reuters)-- A conflict resolution board rejected a $100 million problem...