After scathing reports by Bloomberg and The Straits Times on COSCO Corporation’s shipbuilding operations, Wu Zi Heng, Vice Chairman and President of

Global containership company, Box Ships Inc, (NYSE: TEU), announced today that it took delivery of its ninth vessel, the OOCL China, a 5,344 TEU

After hearing about the release this week by the International Association of Classification Societies (IACS) of the draft IACS harmonised Common Structural

It was a mixed bag of pirate activity around the world this past week and fortunately, nobody was captured or injured due to pirate activity.  Here’s

Bridgepoint and CMA CGM Group, with its parent company Merit, announced today that they have signed a formal agreement whereby Bridgepoint will acquire French

Sanko Steamship has had one of the most tumultuous histories of any shipping company in the world. Established in 1934, Sanko Line has its origin in the Sanko

After failing to meet delivery dates for a pair of 5,500 DWT chemical tankers, a Chinese shipyard has a bit of a mess on its hands as Singaporean tanker

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced

STOCKHOLM–Oil and gas giant Statoil ASA (STO, STL.OS) and other companies represented by Norway’s Oil Industry Association have threatened to

Hyundai Heavy Industries announced today that it will supply 18 gas emission reduction systems for three drillships ordered by Rowan in June 2011. The

Dockwise announced today that their full acquisition of Fairstar is nearly complete after they completed the purchase of another 10 percent of Fairstar shares

International seabed-to-surface contractor, Subsea 7 S.A. (Oslo Børs: SUBC), announced today that their Chief Financial Officer (CFO), Simon Crowe, has

Norwegian shipping and seafood company Stolt-Nielsen Ltd. (Oslo Børs: SNI), reported financial results today for their second quarter and first six months

While transiting from Singapore to Christmas Island, HMAS Wollongong was tasked to respond to a vessel in distress which was eventually located approximately

Shipping company Universal Maritime Inc. said Wednesday it has withdrawn its initial public offering. MAIN FACTS: The company last month announced plans to

It’s always a sad day when a ship is scrapped, but to see a ship destroyed or sunk in a ferocious manner may turn your stomach, particularly if

Talisman Energy (UK) Limited announced today that they have extended an existing one-year contract with Viking Supply Ships for six months for the use of the

COPENHAGEN (Dow Jones) –Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil and gas drilling services arm Maersk

A big congrats to Groupama Sailing Team, the overall winner of the 2011/12 Volvo Ocean Race, and their French skipper, Franck Cammas.  After crossing nearly

The hull assembly of arctic offshore vessel NB 507 was started at the Keel Laying Ceremony at Helsinki Shipyard 3 July 2012. The ship is the sister vessel of