Oslo-based ship investment company, SinOceanic Shipping ASA, has entered into a contract with Jinhai Heavy Industries to build ten, 8,800 TEU state-of-the art

ABS Wins ‘Best Classification Society’ Award at ShipTek 2013 At the 6th Annual International Maritime Awards, ABS received Marine BizTV’s

Ocean Rig CEO George Economou commented in his Q1 2013 earnings report yesterday that the “outlook for the UDW (Ultra-Deepwater) drilling industry is

Cruise Lines International Association has approved the adoption of a “Cruise Industry Passenger Bill of Rights”, a list of ten amendments

(Bloomberg) — Rickmers Group is breaking with tradition as it seeks to become the first German charter shipping company to raise money in the bond

“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement

COSCO (Zhoushan) Shipyard announced the delivery of a pair of bulk carriers, the 82k DWT DL Acacia for South Korea’s Daelim Shipping and the 57k

OSX Brasil SA, the shipyard and ship leasing company controlled by Brazilian billionaire Eike Batista, fired 300 employees as part of an effort to cut costs, O

(Bloomberg) — A.P. Moeller-Maersk A/S Chief Executive Officer Nils Smedegaard Andersen said he’ll be forced to prolong cost cuts at the

Wilhelmsen Ships Services (WSS) General Manager for Japan Yoshihiro Iizuka says that he expects more customers to sign up for its’ Ships Agency

LOCKPORT, La., Bollinger Shipyards, Inc. has delivered the PAUL CLARK, the sixth Fast Response Cutter (FRC) to the United States Coast Guard. The announcement

MARINETTE, WI.  May 22, 2013 – Marinette Marine Corporation a Fincantieri Company, today announced that, as the Prime Contractor and Program

DryShips has posted its sixth straight quarterly loss and says it does not expect charter rates to improve this

These images from EU NAVFOR do a good job of illustrating the spread of piracy from 2009 to 2011, then its retreat in 2012 and

Teekay Offshore Partners L.P. (NYSE:TOO) announced an agreement with Statoil to provide a floating storage and offtake (FSO) unit for the Gina Krog oil and

Qatar Petroleum International (QPI) and Total announced a landmark partnership agreement with Total E&P Congo today representing QPI’s first

Captain Francesco Schettino will face trial for manslaughter and other charges in July.

Maersk Line has just released this time-lapse video of the Maersk Triple-E as a sequel to their first video of the vessel of the under construction at DSME in

Business is ever-cyclic and one man’s misery is another man’s opportunity. Whilst ship operators and owners have been feeling the pinch from

(Bloomberg) — Oil-tanker owners will struggle to retain crews and maintain ships after losing the most money in four decades, according to the