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Navios Maritime Acquisition Corporation (NYSE: NNA) has announced plans to acquire two chemical tanker newbuilds as well as the exercised option to acquire two

Seadrill has announced a new contract for their LT-Super 116E jack-up rig West Freedom with Cardon IV Venezuela, an ENI SpA and REPSOL joint venture. The rig

Volstad Shipping AS has signed a newbuild contract with Tersan Shipyard in Turkey for a new Subsea IMR and Construction Vessel. The vessel comes at a total

Bollinger Shipyards, Inc. announced the appointment of Richard K. Murphy as a senior manager working on Coast Guard and other governmental programs at their

The American Bureau of Shipping announced Tuesday that James A. Watson, Director of the Bureau of Safety and Environmental Enforcement (BSEE), will join ABS as

Rolls-Royce has announced a signed contract with Brazilian shipyard Aliança S/A Industria Naval e Empresa de Navegacao, a subsidiary of Fischer Group, and

Charlotte Mayor Anthony Foxx was sworn in Tuesday as the United States' 17th Secretary of

Caterpillar Marine Power Systems has shipped the first MaK™ M 46 DF dual fuel marine engine to their German customer, AIDA cruises, for one of their

Saipem S.p.A. reported Tuesday that its jack up drilling rig, the Perro Negro 6, capsized and sank offshore Angola after the seabed beneath one of its three

exactEarth has  teamed up with the Marine Exchange of Alaska (MXAK) to form the Alaska vessel tracking alliance which is built on the MXAK PacTracs  product

The world's first floating storage and re-gasification unit, named FRSU Toscana, is towed into Valletta’s Grand Harbour in Malta, July 1,

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) today announced that the Company has agreed to acquire

Caterpillar Inc. (NYSE: CAT) has signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading

The charter of the Austal high speed vessel WestPac Express has been extended for a further six months by the United States Navy’s Military Sealift

Huntington Ingalls Industries (NYSE:HII) announced this week that the company has been awarded a contract for the inactivation of the nuclear-powered aircraft

Singapore-based China Navigation Co. Pte. Ltd (CNCo) has chosen Wärtsilä to supply propulsion packages for 24 of their new Multi-Purpose Vessels and

Teekay Market Analyst, Christian Waldegrave notes in his latest conventional tanker market report that there has been very strong growth in non-OPEC oil

Stern section of the MOL Comfort has sunk. EXCLUSIVE

We've all heard about the vast amounts of plastic accumulating the Great Pacific Garbage Patch. We've all seen trash washed up on our beaches. But what about

The U.S. Navy and Austal USA on Wednesday held a keel laying ceremony for the future USS Montgomery, the U.S. Navy's eighth littoral combat ship