By Balazs Koranyi OSLO, May 30 (Reuters) – Frontline Ltd, the tanker arm of shipping tycoon John Fredriksen’s business empire, expects losses to

Just in time for the 2013 America’s Cup, The Billionaire and the Mechanic brilliantly captures the ongoing challenges of the prestigious race, telling

Athens-based containership owner/charterer, Costamare Inc. (NYSE:CMRE) announced today a new joint venture with investment advisor firm, York Capital

Royal Caribbean announced Wednesday the cancelation of the Grandeur of The Seas next 6 sailings following a fire early Monday morning.

An in-depth look at the spread of piracy across the oil-rich Gulf of

Vancouver-based Teekay Corporation (NYSE:TK), has turned over the keys to the Cidade de Itajai FPSO in a $204 million deal struck today with their daughter

The secret to making money in container shipping can be found in 8.4 billion

Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic

Diamond Offshore Drilling, Inc. (NYSE: DO) signed an agreement today with Hyundai Heavy Industries Co. to build a new Moss CS60E design, harsh environment

EMAS AMC, the subsea services division of EMAS, announced today that its pipelay vessel, the Lewek Centurion has been contracted by Cecon in the North Sea

(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as

The hopper dredger “Jean Ango” has been handed over to its owner, Dragages-Ports. The 1,500 m3 dredger was designed and built in Spain by

Farstad has just accepted delivery of the platform supply vessel Far Starling (STX PSV08 CD), recently built at Vard Vung Tau shipyard in Vietnam. A long-term

COPENHAGEN, May 29 (Reuters) – The oil unit of Danish oil and shipping group A.P. Moller-Maersk said one of its floating Gryphon oil production platforms

Update: A statement from West African Ventures has confirmed that one crew member, the cook, was found alive aboard the Jascon 4 by divers, which has capsized

Jurong Shipyard announced they have received a USD $596 million contract from Noble Corporation to build an ultra-high specification jack-up rig with option

Forty-thousand alarm clocks buzzed as one, waking an equal number of workers for work at Daewoo Shipbuilding & Marine Engineering (DSME), the world’s

Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers.

The “keel laying”of Dana Petroleum’s new $400 million floating, storage, production and offloading vessel (FPSO) has commenced today, but

BEIJING, May 28 (Reuters) – Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Myanmar