Statoil Wins Licences Off UK, 'Resets' Exploration Off U.S.
Norway's Statoil was the second top bidder for 13 oil exploration leases in the U.S. Gulf of Mexico and won six licences offshore Britain, it said on Thursday, in…
Cristobal Colon Arrives in Sydney
HMA Ships Darwin, Melbourne and Parramatta have escorted the Spanish Armada's Cristobal Colon into Sydney Harbour as part…
Baltic Index Rises to Over 4-month High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest…
Maersk Reaches Key North Sea Tax Deal with Denmark
Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay…
India Bags USD 6.22 bln Investment in Ports and Water Transport Sector
Foreign Direct Investment upto 100% under automatic route is already permitted in the Port Sector. This has resulted in several…
Search Called off for Missing Cruise Ship Passenger
The search for an American cruise ship passenger who fell overboard 33 miles off the Cuban coast has been suspended after more than 16 hours of searching. The U.S.
Mynmar Naval Delegation Visits Indian Naval Base
A Myanmar Navy (MN) Delegation comprising three officers: Lt Cdr ThureinTun, Lt Cdr Kyaw Zeya Oo and Lt Ye WintTun, has completed…
VLCC Rates to Remain Weak on Output, Tonnage Woes
Freight rates for very large crude carriers (VLCCs), which fell to a near six-month low on Thursday, will remain weak until…
Trump's Navy: A Look at the Future US Navy
It’s still too early to know for certain what the new administration will do about building up the U.S. Navy, as the numbers are a moving target.
OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.
Clean Shipping on the Great Lakes
Maritime Reporter & Engineering News recently spoke with Mark Barker, president of The Interlake Steamship Company
Ezra Holdings Files for Bankruptcy in US
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy