News

BOWDOINHAM, Maine, Aug 30 (Reuters) – It’s not quite winning the lottery, but the odds are about as remote: A lobsterman off the coast of Maine

Aug 30 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,

EXMAR announced today the signing of a Letter of Intent (LOI) to provide a Floating Liquefaction & Storage Unit (FLSU) to serve the BC LNG Project in

United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an

HONG KONG, Aug 30 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , is confident of turning a profit for the full year of

Currently taking shape at Foss Maritime’s shipyard in Seattle are the Port of Long Beach’s new Robert Allan-designed fireboats. Once delivered in

A British helicopter safety group on Thursday ended a six-day suspension on all flights by Super Puma helicopters in the North Sea, imposed after four oil rig

Imtech Marine has upgraded and extended the coverage of its Global VSAT Network. In addition to its wide network, Imtech Marine can now offer VSAT coverage in

Alain Thébault, founder of the l’Hydroptère project which currently owns the world speed sailing record after recording an average speed of 50.17

By Steven Scheer JERUSALEM, Aug 29 (Reuters) – Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to

Update: 30 August Maersk Lines’s containership, Maersk Kampala is still on fire this morning according to a statement on Maersk Line’s website. The

Daewoo Shipbuilding and Marine Engineering (DSME) announced today they have won an order for three containerships rumored to be 18,000

ABS Nautical Systems has welcomed three more leading European shipowners to the user community for its NS5 Enterprise software suite. Two Athens-based owners,

Austal Shipbuilding announced today that their second Independence-variant Littoral Combat Ship, the Coronado (LCS 4) successfully completed Acceptance Trials

DOF Subsea has announced today the award of a NOK 150 million subsea installation contract offshore New Zealand from Austrian energy firm OMV. Located 50

LOCKPORT, La., Bollinger Shipyards’ Chairman and CEO Donald “Boysie” Bollinger announced the appointments of Chris Bollinger as President and

HONG KONG, Aug 29 (Reuters) – China’s largest bulk shipper, COSCO Holdings Co Ltd , posted on Thursday a first-half net loss of 990 million yuan

While the sizzling summer months are coming to a close and cooler weather is beginning to set in in the North East United States, political tension in the

This past Saturday a Filipino sailor on board the J.J. Ugland-owned bulk carrier MV Favorita was killed while cleaning one of the vessels cargo holds.

Brazilian tycoon Eike Batista quit as chairman of Brazilian port operator LLX Logística SA on Wednesday, after agreeing to sell control of the company to