Damen Shipyards Group announced today that they have taken over the shares of Swedish ship repair and maintenance yard Oskarshamnsvarvet in Oskarshamn. The

Fred Olsen Energy ASA announced today that one of their wholly owned subsidiaries has entered into a turnkey, $700 million contract with Hyundai Heavy

Huntington Ingalls’ Newport News Shipbuilding (NNS) division this week reached a major milestone in the construction of the U.S. Navy’s new

Council and the European Parliament reach a provisional agreement on the sulphur content of marine fuels The EU Wednesday announced an informal agreement

Weekly Incidents By Region: May 17-23 RED SEA General cargo vessel MAERSK TEXAS fired upon while underway on 23 May at position 25:29 N – 057:16 E,

The MSC containership idled since suffering an onboard explosion eleven days ago off the coast of Puerto Rico has been cleared to move on, the U.S. Coast Guard

Here is an aerial shot of New York harbor during the “Parade of Sail”, an event that officially marks the start of Fleet Week in New York. This

USS Miami, an American Los Angeles-class “improved” fast attack submarine was undergoing a routine maintenance shipyard availability at Portsmouth

(Dow Jones) Ship Finance International Ltd.’s (SFL) first-quarter profit rose 21% on a stronger performance in the tanker market. The company, which

  Via K&L Gates Lake Michigan Carferry, Inc., the operator of the SS Badger today filed the first ever individual permit application to authorize

STX Offshore and Shipbuilding announced this week a signed $120 million Letter of Intent (LOI) with an unnamed Greek owner to build two 6,500-CBM LPG vessels

Asia Maritime Pacific Ltd and OSL Holdings Ltd announced that as of 17 May 2012 the two companies have merged their Hong Kong-based operations. The new merged

Inmarsat has announced a new capability that will allow up to nine simultaneous telephone calls to be made through a single FleetBroadband terminal.

RIO DE JANEIRO -(Dow Jones)- Brazilian oil startup HRT Participacoes em Petroleo SA (HRTP3.BR) said Wednesday that it had hired a semisubmersible drill rig

The Australian Maritime Safety Authority (AMSA) said today that it has contracted Titan Salvage to remove the wreckage of the M/V Tycoon from the cliffs of

The UAE federal court has sentenced a group of pirates responsible for the 2011 hijacking of the M/V Arrilah-1 to life in prison. According to Associated

Lots of rumors were flying around maritime circles this morning of a rather involved pirate attack on the U.S.-flagged Maersk Texas today in the Gulf of

Damen Shipyards has launched the first of its newly designed Stan Pontoon (SPo) 12032 which is the longest pontoon they’ve ever built, and part of a

By Keith Johnson and Julian E. Barnes WASHINGTON (Dow Jones)–The Senate will hold on Wednesday its first hearing since 2007 on ratification of the

LONDON (Dow Jones)–More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has