News

Qatari shipping company Nakilat, the world’s largest owner of LNG carriers, along with Qatari LNG producers Qatargas, RasGas and engine manufacturer MAN

Named the RNOV ‘Shabab Oman,” this 87-meter sail training vessel (STV) is destined to become the flagship of the Royal Navy of Oman once delivered

Technip UK Limited has exercised the first of two yearly options to extend existing frame agreement with Solstad Offshore ASA (SOFF) for the supply of vessels

The ban on mineral-ore exports from Indonesia, the world’s biggest nickel producer, is poised to benefit neighboring miners in the Philippines, who are

With the holidays behind us, shipping slowly returns to daily routine of moving cargoes (we should never forget what shipping is all about) and everyone having

Japan will lend Mozambique 70 billion yen ($672 million) over five years, Prime Minister Shinzo Abe said on Sunday, as the Asian nation seeks to secure access

Indonesia pushed ahead with a watered-down ban on mineral ore exports that will cut global nickel supplies and allow Freeport-McMoRan Copper & Gold Inc. to

On August 18, 2010, the South Korean fishing vessel, Oyang 70, capsized and sank while working in the New Zealand´s exclusive economic zone (EEZ), resulting

Sacyr, the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574 million in guarantees and advance payments if a

U.S. mining giant Freeport McMoRan Copper and Gold Inc halted its copper exports from Indonesia, less than an hour before a controversial mineral export ban

A U.S. Coast Guard aircrew medevaced a 27-year-old man from an offshore supply vessel 5 miles off Louisiana, Thursday, after losing his foot in an

The cost of hauling coal and other commodities had its biggest one-day percentage drop on record after Colombia restricted some exports by Drummond Co.,

Thirty massive tanks filled with air will lift the hulk of the Costa Concordia off the seabed in June so it can be towed away from the Italian island of Giglio

Jan. 10 (Bloomberg) — Australia’s natural-gas buyers are poised to pay more even as supply more than doubles in the next five years because higher

STX Shipbuilding reports today they have lost a KRW 742.9 billion order for a newbuild drillship. Although not specifically mentioned in the exchange filing,

The U.S. Coast Guard has suspended the searches for two missing crewmembers believed to have fallen overboard from a tanker and a cruise ship in two separate

Statoil ASA, Norway’s biggest energy company, canceled plans to build a pipeline tying the Kristin natural-gas field to the planned $4 billion Polarled

Rolls-Royce made a takeover approach to Finnish ship and power plant engine maker Wartsila but the talks ended without a deal, the two companies said on

Maersk Line announced today the revival of the SeaLand brand with formation of a new US-headquartered, intra-Americas container shipping firm of the same name.

Norwegian private equity firm, Hitecvision announced today that Houston-based Atlantica Tender Drilling Ltd, one of their many investments in the offshore