News

Lawmakers from German Chancellor Angela Merkel’s party are pressuring the government to prevent France from delivering two warships to

Asian spot liquefied natural gas (LNG) remained at depressed levels this week amid weak demand, but traders were looking for floating storage to take advantage

In 1959, Dutch lifeboat manufacturer Verhoef introduced the world’s first freefall lifeboat. Looking a bit like a submarine and made of aluminum, it was

Beleaguered Chinese shipyard Rongsheng Heavy Industries issued a profit warning today to shareholders that the company is “expected to incur a

Record production of hydropower from China’s Three Gorges and newer dams is displacing so much coal that rates to transport it have plunged to about record

After a legal show-down in Texas this week, the outlook for a handful of tankers holding some $300 million worth of Kurdish oil is not looking

Congressman John Garamendi (D-CA), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee,

Princess Cruises says it has placed an order a new 143,000-ton cruise ship from Italian shipbuilding group

BG Group Plc, the U.K. oil and gas explorer seeking a chief executive officer, posted a 23 percent jump in earnings after income from liquefied natural gas

Some new information has revealed what caused a 3-hour whale watching tour to become stranded overnight off Boston, Massachusetts earlier this week. As

Hornbeck Offshore (NYSE: HOS), a Gulf of Mexico-focused operator of offshore support vessels reported a strong second quarter today with a 25 percent jump in

Imtech Marine USA re-introduces Radio Holland, focusing on Service and Nav/Com support to maritime customers One year ago Captain Eric Clarke resigned his post

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority

Iron ore posted a second straight monthly increase this year on speculation that demand for imports in China may be improving, helping to absorb a global

Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of

Maran Tankers Management (MTM), a shipping company privately owned by John Angelicoussis, placed an order today for four new Very Large Crude Carriers (VLCCs)

Karl-Johan Bakken, Chief Executive of Ålesund-based Farstad Shipping (OSE: FAR), got his start in the maritime industry in the mid 1980s as a naval architect

A Norwegian drill rig owner is supplying Russian oil giant OAO Rosneft and Exxon Mobil Corp. with the kind of high technology that will be barred under U.S.

The wind farm installation vessel Innovation, owned by the HOCHTIEF subsidiary HGO InfraSea Solutions is currently installing rotor stars offshore Germany at

Phillips 66, the refining company that saw its shares drop last month on news of expanded U.S. oil exports, said second-quarter profit declined 9.9 percent as