Daewoo Shipbuilding & Marine Engineering reportedly received a $560 million contract to build four very large crude carriers (VLCC) and one product carrier for Kuwait Oil Tanker Co (KOTC), according to Reuters.
The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas
All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.
The vessel, MV Sally Fox, was dedicated
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday, mostly on higher capesize rates.
Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping Confidence
DryShips Inc. (NASDAQ: DRYS), has announced that it has entered into firm sales agreements with entities controlled by the Company's Chairman and Chief Executive Officer,
Oil imports from Iran at 220,000 bpd in year to March 31. U.S. pressured India not to raise annual Iran oil imports.
India halted oil imports from Iran for the