Mercy Ships has announced that it has reached an agreement with China Shipbuilding Industry Corporation (CSIC) to build a new 36,600-GRT hospital ship at the

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) has announced a signed agreement today to acquire Jones Act tanker companies American Petroleum Tankers (APT)

Dec. 23 (Bloomberg) — Qatar is poised to boost contracted liquefied natural gas exports to Europe by the most in five years as prices in the region are

Indonesian state-owned energy firm Pertamina will produce 17 percent less liquefied natural gas (LNG) in 2014, a company official

The EMMA MAERSK suffered a flooding incident in February as it was getting ready to transit the Suez Canal. As reported earlier, water entered the vessel

A cargo ship with 110,000 cartons of overripe bananas will remain docked at a U.S. port while their owner and the shipping company battle in court over who let

Safehaven Marine is taking perfect advantage of recent heavy weather and surf off the coast of Cork, Ireland. Last week they we saw the heavy surf sea trials

The 23,000 DWT multipurpose cargo vessel Reggeborg was successfully launched this week at the Fersus Smit yard in Leer, Germany. The vessel is the second of a

China laid out a detailed three-year plan in early August to restructure its massive shipbuilding industry, urging local governments to halt approvals of new

China laid out a detailed three-year plan in early August to restructure its massive shipbuilding industry, urging local governments to halt approvals of new

By Jim Garamone, American Forces Press Service WASHINGTON, Dec. 20, 2013 – While the Navy already has one of the strongest counter-fraud efforts in the

Russia's first Arctic offshore field Prirazlomnoye, where Greenpeace activists were arrested in September after a high seas clash with Russian authorities, has

Statoil ASA lowered the resource estimate for the Johan Sverdrup oil discovery and delayed the start of production by about a year in a setback for the biggest

Navis Engineering, the Finnish dynamic positioning and vessel motion control system manufacturer, announced today the completion of work on its latest project

Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), in collaboration with ClassNK, released an updated report today on the

As a young midshipman at the U.S. Naval Academy, Michelle Howard didn’t strike some of her peers as an obvious candidate to become a four-star

Nigeria's navy has installed eight automated, camera-equipped surveillance towers in the waters just off its coast, in an effort to tackle a surge in pirate

Dirty tanker rates on key Asian freight routes could edge down next week due to year-end holidays, but are likely to remain firm, ship brokers said on

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per

Technip was awarded four contracts by Shell UK, Fairfield Energy, Ithaca Energy and TAQA during 2013. As the longevity of fields represents a key challenge for