TOKYO (Nikkei)–Mitsubishi Heavy Industries Ltd. (7011.TO) will unveil by 2015 a natural-gas-powered vessel engine that emits 30% less carbon dioxide than

Founded in 1870 in Hoboken, New Jersey, the Stevens Institute of Technology has earned a worldwide reputation for academic excellence in the field of naval

Have you started your holiday shopping? While most of the United States is scouting the internet for holiday shopping deals many in New York City are still

This unbelievable video shows the VESTAS Sailrocket 2 smashing the sailboat speed record with an ‘outright speed’ record of 59.38 knots.  

0618 GMT 22 November [Dow Jones] STOCK CALL: Keppel’s (BN4.SG) stock faces “a tug of war between good contract wins and margin concerns,” UOB

The driver of a tractor trailer aboard the MV Alborán, a car ferry operating between Algeciras, Spain and Ceuta, Morocco, is definitely lucky to be alive,

– Carbon War Room Global fuel prices are rising inexorably, while extraterritorial bodies are putting forth new and stricter environmental legislation

0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,

BP PLC (PB.LN) Friday said it has appointed Lamar McKay as head of oil and gas production and development and he will take up the position Jan. 1, 2013. The

Maersk made some comments recently that indicated they may be moving away from the shipping business, however Group CEO Nils Anderson makes it 100% clear in

AMSTERDAM-based Oranjewerf Ship Repair appears to be a fast mover. Last Friday, the Damen Shipyards branch acquired the order to overhaul the former radio

(Bloomberg) — Nexus Energy Ltd., an Australian oil and gas explorer, said further exploration at the Crux field may justify the development of a floating

Bolidt announced today that well-known creative forces at Tillberg Design and SMC Design have selected the company to supply flooring for Norwegian Cruise

Earlier in November, Korea’s Hyundai Mipo Dockyard (HMD) delivered a highly innovative vessel named the King Gregory, a Lloyd’s Register-classed,

The number of attacks carried out by Somali pirates in 2012 are down… way down. According to new data released this week by the NATO Shipping Centre,

HOUSTON–Black Elk Energy Offshore Operations LLC, which owns the U.S. Gulf of Mexico platform that suffered a lethal explosion last week, must take

A 278-meter containership had to be refloated Wednesday from a sandy bank near Prince Rupert Harbour, BC after running aground as it maneuvered around a small

Norwegian oil and gas exploration and production service provider Fred. Olsen Energy ASA (FOE.SE) said Wednesday it has decided not to exercise the option for

(Bloomberg) — Oil rose after a blast on a bus in Tel Aviv injured at least 10 people, boosting speculation that the conflict between Israel and the

(Bloomberg) — A glut of the largest oil tankers in the Middle East is poised to fall to the lowest in 22 weeks as crude shipments to refineries across