Petrobras has awarded a 3 years firm contract to PSV Far Supporter (1996, UT 750, 4,680 DWT). The contract is in direct continuation of the existing contract.

Hong Kong-based Kuma Shipping announced today the order two new platform supply vessels from Ulstein.   The vessels will be built at an undisclosed shipyard

ABUJA, April 29 (Reuters) – Pirates have kidnapped five crew members from a cargo ship off Nigeria, the vessel’s management company said on Monday,

President Barack Obama plans on Monday to nominate Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House

In a stock exchange filing today, 6 Hong Kong-based investment holding companies jointly owned by Sinopec Kantons, China Shipping Development, and Mitsui

And in other news on this Friday evening, a giant head was found floating in the Hudson

An Indian anti-terrorism agency will investigate the case of two Italian marines accused of murdering two Indian fishermen, raising the possibility once more

Tokyo-based classification society ClassNK announced that it has certified the Type Specific ECDIS (Electronic Chart Display and Information System) training

Cargotec has been struggling to improve profitability for the past few years as global economic uncertainty and a glut of vessels have made shipping companies

Salvage operations continued Thursday near the Marseille’s Dam with the removal three more barges and two gates being brought back online.

DNB, one the world's largest lenders to the shipping industry has struggled with souring loans in the shipping

Tsakos Energy Navigation Limited (NYSE: TNP) took delivery today of its second fully-coated DP2 suezmax shuttle product tanker, Brasil 2014, from Sungdong

(Bloomberg) — Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world,

A growing shortage of shallow-water rigs in the Gulf of Mexico is providing an unexpected profit boost for Hercules Offshore Inc. and Ensco Plc as customers

In the business of liquefied natural gas (LNG), there are few people on this planet who are moving bigger pieces of the puzzle around than LNG-entrepreneur

Maritime police in Somalia's semi-autonomous region of Puntland seized five Iranian ships and detained 78

"I would characterize it as more opportunities for new build equipment because of increased volumes and an aging fleet than through acquisitions," said Kirby's

Bruised investors could learn a thing or

(Bloomberg) — Rates for dry bulk carriers hauling grains and minerals fell the most in a single session this year as demand for cargoes slowed. Day rates

The 23,416 dwt container ship “HANSA MARBURG” was attacked by criminal gangs about 130 nautical miles southwest of the Port of