News

By Mike Wackett (The Loadstar) – Container lessors are enjoying a purple patch, as demand remains strong, driven by solid growth in global container

Lloyd’s Register (LR), WorleyParsons, and Ardent have teamed up to launch a new consortium targeting the global oil and gas decommissioning market. The

APM Terminals’ facility in Port Elizabeth, New Jersey has taken delivery of four giant ship-to-shore gantry cranes to help serve the ever-larger ships

DP World and Virgin Hyperloop One have partnered to create new global company seeking to revolutionize global freight transportation using the futuristic

The LNG-powered ferry is the first passenger ship in the world equipped with a rotor sail for wind-assisted propulsion. Viking Line has installed a rotor sail

The ice-class LNG carrier Eduard Atoll was in the port of Zeebrugge on Tuesday conducting the first ship-to-ship transfer of liquified natural gas from the

Norwegian drilling contractor Borr Drilling has sold 14 old jack-up rigs tied to its acquisition of Paragon Offshore. The rigs will be sold to non-drilling

Maersk Tankers has place an order for six tanker newbuildings in China, kicking off a newbuild program that could grow to include more vessels. Maersk Product

The Big Oil playbook has been straightforward for decades: Higher prices mean offshore projects that are further, deeper, more complex than ever before. It’s

The first shipment of liquefied natural gas from Dominion Energy’s Cove Point LNG export terminal on the U.S. East Coast has completed its transit of the

By Tanisha Heiberg JOHANNESBURG, April 30 (Reuters) – Marine salvage experts are floating a plan to tug icebergs from Antarctica to South Africa’s

Brazilian surfer Rodrigo Koxa has set a new world record for the biggest wave ever surfed. The record-setting ride took place last November when Koxa was towed

By Mike Wackett (The Loadstar) – Japanese shipping groups K Line, MOL and NYK, now operating as the Ocean Network Express (ONE) joint-venture, have

By P R Sanjai (Bloomberg) — Allcargo Logistics Ltd. is emulating Uber Technologies Inc. to boost its business of sharing marine containers. A unit of the

OSLO, April 30 (Reuters) – Britain and the United States launched a $25 million project on Monday to study the risks of a collapse of a giant glacier in

By Stine Jacobsen COPENHAGEN, April 30 (Reuters) – Taiwan is becoming the next battleground for the world’s top offshore wind developers as

Drilling has been halted on the semi-subermisible drilling rig Transocean Barents after drilling fluid was spilled during operations off Newfoundland and

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is moving to relax some offshore drilling requirements imposed in response to the

The UK Marine Accident Investigation Branch has released its report into the groundings of the UK registered bulk carrier Umm Al Qaywayn, United Arab Emirates.

A Maersk Supply Service AHTS has departed San Diego on its first deep sea mineral study in the ultra-deep waters of the Pacific Ocean. The departure marks