DSME Says 12,000 Job Cuts Coming
South Korea’s Daewoo Shipbuilding & Marine Engineering will cut 12,000 jobs from its workforce by 2019 as it tries to revive its business following a
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South Korea’s Daewoo Shipbuilding & Marine Engineering will cut 12,000 jobs from its workforce by 2019 as it tries to revive its business following a
The unidentified buyer of a new-design subsea vessel at the Norwegian ship technology company Havyard has cancelled the shipbuilding contract amid horrible
Houston-based Kirby Corporation (NYSE: KEX) announced an agreement Wednesday to purchase the inland tank barge fleet of SEACOR Holdings for $88 million in
The Port of London says more larger ships than ever called at the port in 2015, helping the total tonnage of cargo handled at Thames terminals climb to 45.4
A grounded capesize bulk carrier has been refloated more than 12 days after running aground in the Suez Canal. According to media reports and AIS, the New
Rolls-Royce will supply a liquefied natural gas (LNG) propulsion package for a cargo vessel, which will deliver fish food on behalf of BioMar Group. A $6.5
Offshore drilling contractor Transocean says it has reached a deal with Singaporean rigbuilder Keppel to delay the delivery and payments of five
Norwegian oil major Statoil has decided to terminate its contract for the charter of the semi-submersible rig COSL Innovator, as well as suspend drilling
Semi-submersible accommodation vessel owner Prosafe is laying up two more rigs due to cuts by Mexican oil company Pemex, meaning that all five of
The number of vessels arriving at the Port of Rotterdam has increased for the first time since 2007. According to the Port of Rotterdam Authority, 29,122
Incat Crowther said it received a contract to design a 20m catamaran passenger ferry, taking tourists in search of monster Nessie in the waters of Loch Ness in
The CMA CGM Benjamin Franklin, the largest container ship ever to dock in North America, returned to Southern California last month for its second U.S. visit
Here’s a 4 minute time-lapse of aboard the Military Sealift Command-chartered MV Ocean Giant during Operation Deep Freeze 2016, an annual resupply
Offshore drilling contractor Noble Corporation has confirmed that a newbuild jack-up rig nearing completion at the Semcorp Marine Jurong shipyard
NYK Line says it has taken delivery of the “cutting edge” newbuild MV NYK Blue Jay, a uniquely-designed 14,000 TEU capacity containership that
A cruise ship abandoned by its Chinese owner for over a year has capsized and is leaking oil off the port of Laem Chabang in Thailand. The cruise ship
A major fire ripped through a marina just off Virginia’s Rappahannock River early Monday morning, killing two people and destroying dozens of boats. The
The Sues Canal Authority has confirmed that a capesize bulk carrier has run aground and remains stuck in the Suez Canal, according to shipping agency GAC. The
A tank at an industrial waste management plant exploded at the port of Antwerp in northern Belgium on Friday, with authorities telling nearby residents to shut
A dramatic scene off the coast of Long Island, New York Thursday morning as a Coast Guard boat capsized during a rescue of mariners from a grounded fishing
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