Sea Tankers announced Wednesday that pirates have released their product tanker M/T Gascogne after stealing part of the ships cargo and that all 17 crew

Drydocks World announced today that they have finalized the conversion of the 135k,000 cbm LNG carrier Golar Frost, to a Floating Storage and Re-gasification

By Michelle Wiese Bockmann (Bloomberg) — Some merchant ships are using illegal armed guards to deter pirates off West Africa, prompting at least one

UAE-based shipyard Lamprell announced today that it has been awarded a newbuild contract from Dev Drilling for the construction and delivery of a completely

By Anurag Kotoky and A. Ananthalakshmi BANGALORE, Feb 6 (Reuters) – China’s role in operating a strategically important port in Pakistan is a

(Bloomberg) — Fred Olsen Energy ASA, a Norwegian offshore drilling company, dropped to a three-week low in Oslo as higher-than-expected cost increases in

(Bloomberg) — Earnings for the biggest oil tankers on the benchmark route shipping Saudi Arabian crude to Japan will rise 48 percent this year to average

Royal Caribbean on Tuesday said it has cut the first steel in the construction of two of its new “Project Sunshine” ships, marking a major step in

During an ICS Board meeting held Tuesday in London, members of the International Chamber of Shipping (ICS) expressed their frustrations with Italy for failing

By David Ljunggren OTTAWA, Feb 5 (Reuters) – Canada’s offshore petroleum boards are not equipped to cope with a major spill, the country’s

5 February Update: Ahmad Ghalehbani, Managing Director of the Iranian National Oil Company said in a translated statement that recovering the sunken jacket of

Like all commercial vessel owners, the Washington State Ferries’ (WSF) most significant expense is fuel.  As the largest ferry operator in North

Like most mariners, I like to be prepared for the unexpected. This doesn’t mean I’m building a survival bunker in my backyard, and I don’t

By Jonathan Saul LONDON (Reuters) – Iran has taken delivery of several new tankers from Chinese shipyards, giving it greater flexibility in maintaining

Overseas Shipholding Group Inc. (OSGIQ), the largest U.S. tanker operator, won approval to borrow $25 million to maintain ships and to make payments to two

YENAGOA (Reuters) – Gunmen ambushed an Indian-owned oil barge on Tuesday as it was being escorted by the military through Nigeria’s Niger Delta

Maersk Line’s Palle Laursen, Head of Ship Management for the Danish liner company, provides us with this latest update on the Emma Maersk, which suffered

(Bloomberg) — A Chinese patrol boat targeted a Japanese naval vessel with a radar system designed to calculate a range to fire a weapon, Japanese Defense

(Bloomberg) — Oil tankers designed to navigate Egypt’s Suez Canal are getting the most cargoes in at least three years as Iraq fills a void left

Pangea LNG announced today that they have been granted a long-term, multi-contract authorization by the U.S. Department of Energy (DOE) to export liquefied