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South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead
Norway's Statoil does not expect European gas prices to fall much further as rising demand from the power generation sector would offset an expected increase in liquefied natural gas (LNG) supply,
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday hurt by sluggish demand for large vessel sizes.
Sierra Leone was holding 11 Guineans including military personnel in custody on Wednesday following a confrontation at sea involving the two West African neighbours' navies,
Parade of ships signals start of Fleet Week New York 2016
Now in its 28th year, New York Fleet Week has commenced, with ships from the U.S. Navy, U.S. Coast
Davie Shipbuilding has cut first steel for the Resolve Class Auxiliary Oiler Replenishment vessel.
The project consists of converting a containership into an