The amount of cargo passing through the Panama Canal is expected to shrink this fiscal year, the canal’s top authority said on Wednesday, with experts warning lower volumes could hurt Panama’s economy.Canal Administrator Ricaurte Vasquez said…

Italian shipbuilding group Fincantieri announced it has floated out Princess Cruises' latest newbuild, Sun Princess, in Monfalcone.At 175,500 gross tons Sun Princess is the largest ship built in Italy to date. It is also the first cruise ship…

The Biden administration needs until the end of this year to finalize a long-awaited five-year plan for offshore oil and gas development in federal waters, according to court documents filed this week.The U.S. has been without a congressionally…

Seattle shipbuilder Snow & Company announced it has been awarded a contract to build a pair of 50-foot pilot boats for the Crescent River Port Pilots’ Association, based in Louisiana. Designed by U.K.-based Camarc Design, the all-aluminum vessels…