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Representing nearly 80% of the world’s merchant fleet, the International Chamber of Shipping (ICS) on Monday called on the International Maritime

Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling

To further strengthen its marine service provision in the Middle East, Cargotec has announced an exclusive marine equipment repair agreement with Heavy

The first of four Panamax bulk carriers ordered by the Shipping Corporation of India Ltd. (SCI) were delivered last Friday by STX (Dalian) Shipbuilding Co.

Fjord Line’s two new international cruise ferries will be powered solely by environmentally friendly liquefied natural gas (LNG) instead of the more

BEIJING- (Dow Jones)-China’s CNOOC Ltd. (0883.HK) said Monday it has reached an agreement to acquire Canadian oil and gas producer Nexen Inc. (NXY) for

(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.

(Bloomberg) — Rates for ships that carry dry-bulk commodities will recover later than previously estimated as demand for cargoes slows, according to

By Julian E. Barnes, The Wall Street Journal WASHINGTON — U.S. government officials, citing new intelligence, said Iran has developed plans to disrupt

The last of the Moroccan seafarers left stranded off the coast of Spain for more than six months after the ferry company they were working for ran into

(Bloomberg) — Sales of won-denominated bonds more than tripled this week as South Korean shipbuilders took advantage of record-low yields to raise funds

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Mon., 7/23/12): The third tug, Carlo Magno, reached the burning MSC Flaminia over the weekend.

LONDON (Dow Jones) U.K.-listed BG Group PLC (BG.LN) said Friday that it and its partners have approved the signature of contracts worth $4.5 billion for the

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) second-quarter profit fell 24% as the contract driller reported lower utilization rates in all of its

Golar LNG Limited announced yesterday that it has completed its sale of interests in the companies that own and operate the floating storage and regasification

(Bloomberg) — Gasoline shipments across the Atlantic Ocean from Europe may increase after inventories of the auto fuel on the U.S. East Coast reached

Weekly Incident by Region: July 12-18 WEST AFRICA: BENIN: Bulk carrier was boarded on 17 July at 06:17 N – 002:28 E, approximately 1 nm off fairway buoy,

Smit Lamnalco, a leading provider of towage and associated marine services to the oil and gas industries, is donating $50,000 this year and again in 2013 to

Wärtsilä, the marine industry’s leading system integrator, will supply the main engines for a series of vessels being built for Kuwait Oil Tanker

Fairstar Heavy Transport confirmed today that on 3 May 2011 Fairstar had entered into a Shipbuilding Contract with a face value of USD 110 million with China