Shares in South Korean shipbuilders HD Hyundai Heavy Industries and Hanwha Ocean rose more than 15% and 16%, respectively, today, after two U.S. senators debuted a bill to allow the U.S. Navy

Ocean Installer, a subsidiary of Moreld, has executed an 18-month option, extending the charter-party with ship owner North Sea Shipping for the advanced multi-purpose offshore construction vessel North Sea Giant.The charter has

An anchor chain failure, followed by a navigation failure, led to the grounding of the cargo vessel Bonnie G in the Caribbean Sea, the National Transportation Safety Board (NTSB) has concluded.On October

The Maritime and Port Authority of Singapore (MPA) has conducted a table-top exercise with Indonesia and Malaysia to enhance regional coordination and strengthen response capabilities for oil spills. The exercise brought together

Yemen's Iran-backed Houthis, who control most of western Yemen including the capital, are ready to mount attacks on Israel if it resumes its assault on Gaza and does not commit to the

The section of the Potomac River affected by the Jan. 29 midair collision of an American Airlines regional jet and a U.S. Army Black Hawk helicopter near Washington’s Ronald Reagan Washington National