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SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

By Tom Weaver, Partner, Weaver-Price Design & Construction Since the 1970s, the Volvo Ocean Race (VOR) has attracted an incredible global following as the

Following extensive onboard tests of various maritime communications systems, Tokyo-based Nippon Yusen Kaisha (NYK Line) has signed a contract to install

This week’s ship er, shipyard photo comes to us via Damen Shiprepair Brest, or DSB for short, located on the northwest tip of France. Formerly known as

SAO PAULO–Brazilian billionaire Eike Batista on Thursday reshuffled the senior management at his oil and ship-building companies, which have seen their

Globalstar announced this week that it has reached a settlement of its prior disputes with Thales Alenia Space France and has agreed to the terms of a

War with Somali pirates is heating up – By Will Watson Even as the military, governments and the maritime industry are stepping up action against Somali

STX OSV Holdings Ltd. (MS7.SG) said Friday it secured contracts worth about NOK500 million ($83.5 million) to build two platform supply vessels for Island

WASHINGTON–The U.S. Interior Department Thursday finalized plans to lease new tracts in the Gulf of Mexico and off the Alaska coast for offshore oil and

Baden, Switzerland – ABB Turbo Systems Ltd. has played a key role in bringing the benefits of Wärtsilä’s RT-flex technology to two-stroke

Hamilton, Bermuda, June 28, 2012 – North Atlantic Drilling has received a letter of intent from ExxonMobil for assignment of the harsh environment

Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach their highest level since February 2011, according to

Middletown, RI – June 28, 2012 – Following extensive onboard tests of maritime communications systems, Tokyo-based Nippon Yusen Kaisha (NYK Line)

Clay Maitland, managing partner of International Registries LLC (which administers the Marshall Islands ship registry, the world’s third largest),

Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri) announced Wednesday that they have signed a non-binding memorandum of understanding

Weekly Incidents by Region: June 21-27 INDIAN OCEAN–EAST AFRICA: YEMEN: Bulk Carrier was fired upon on 27 June at 14:22 N – 054:38 E 110 nm North

ABB announced Thursday that it has recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and

Royal Dutch Shell PLC (RDSB.LN) said Wednesday it can start drilling appraisal wells off the coast of French Guiana after it received the necessary government

Smit Lamnalco said Thursday that it has secured a 10-year marine support and towage contract covering ExxonMobil-led LNG export terminal operations in Papua

Keppel Offshore & Marine’s yards have secured two contracts worth a total of about US$70 million for work in the company’s U.S. and Azerbaijan