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Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it was awarded a Letter of

In a country already reeling from a ferry disaster that killed more than 200 people just months ago, 38 people have been confirmed dead and more than 100

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Update 1: Firefighting operations on MSC

(Bloomberg) — Wärtsilä Oyj, the world’s biggest maker of ship motors and power plants, fell the most in a year as customers postponed

(Bloomberg) — Mario Monti’s government is trying to attract as much as $18 billion in investment to Italy by relaxing a ban on offshore oil and

NEW DELHI–India’s state-run Oil & Natural Gas Corp. (500312.BY) will continue to explore for oil and gas offshore Vietnam in the South China

COPENHAGEN–Financially-troubled Danish shipper Torm A/S (TORM.KO) said Thursday it is still in talks to seal a long-term debt refinancing deal that

(Bloomberg) — Odyssey Marine Exploration Inc., a deep-ocean exploration company, said it recovered about 48 tons of silver from a World War II shipwreck

By Kevin Sorbello Every ship has a right to defend itself from attack.  Fire hoses, LRAD systems, small arms, professional security teams, or military

Update 2: 38 Confirmed Killed, 100 More Missing in Latest Ferry Sinking Update 1: At least 24 people have been killed and dozens more missing according to BBC.

(Bloomberg) — China secured the release of a 26- man crew aboard a Taiwanese fishing boat that was captured by Somali pirates more than 18 months ago,

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month

Australian billionaire and political-hopeful Clive Palmer on Tuesday offered the first glimpse into his Blue Star Line’s Titanic II replica project and

(Bloomberg) — Costamare Inc., the Greek owner of 46 chartered container ships, is looking to acquire more vessels as asset values in the shipping

LONDON (Dow Jones) —Royal Dutch Shell PLC (RDSB.LN) could face a record $5 billion fine from authorities in Nigeria for an oil spill off the coast of

By Hursh Joshi, MaerskLineSocial Maersk Line does everything it can to avoid creating a negative impact on the marine environment. Despite these efforts on

(Bloomberg) — The world’s container shipping lines boosted reliability in June in terms of the number of boxes delivered on time, according to a

Seajacks announced today they have placed an order with UAE-based Lamprell for the construction of a new self-propelled jack-up vessel, specifically designed

Recently the second of a series of four Damen Stan Patrol Vessels 4207, going by the name of ‘Oriku’, has been finalized in the Pashaliman

Rolls-Royce announced today that they have signed a £10 million contract with Simon Møkster Shipping for a wave piercing offshore vessel with a striking