News

Sembcorp Marine’s subsidiary PPL Shipyard secured a USD $220.5 million contract to build a Pacific Class 400 jack-up rig from a BOT Lease Co., Ltd

Today @RoyalCaribbean confirms 3rd Quantum-class ship to be built at Meyer Werft Shipyard. — Royal Caribbean Public Relations (@RoyalCaribPR) May 30,

By Balazs Koranyi OSLO, May 30 (Reuters) – Frontline Ltd, the tanker arm of shipping tycoon John Fredriksen’s business empire, expects losses to

Athens-based containership owner/charterer, Costamare Inc. (NYSE:CMRE) announced today a new joint venture with investment advisor firm, York Capital

Vancouver-based Teekay Corporation (NYSE:TK), has turned over the keys to the Cidade de Itajai FPSO in a $204 million deal struck today with their daughter

Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic

EMAS AMC, the subsea services division of EMAS, announced today that its pipelay vessel, the Lewek Centurion has been contracted by Cecon in the North Sea

(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as

The hopper dredger “Jean Ango” has been handed over to its owner, Dragages-Ports. The 1,500 m3 dredger was designed and built in Spain by

Farstad has just accepted delivery of the platform supply vessel Far Starling (STX PSV08 CD), recently built at Vard Vung Tau shipyard in Vietnam. A long-term

COPENHAGEN, May 29 (Reuters) – The oil unit of Danish oil and shipping group A.P. Moller-Maersk said one of its floating Gryphon oil production platforms

Update: A statement from West African Ventures has confirmed that one crew member, the cook, was found alive aboard the Jascon 4 by divers, which has capsized

Jurong Shipyard announced they have received a USD $596 million contract from Noble Corporation to build an ultra-high specification jack-up rig with option

Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers.

The “keel laying”of Dana Petroleum’s new $400 million floating, storage, production and offloading vessel (FPSO) has commenced today, but

BEIJING, May 28 (Reuters) – Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Myanmar

ABUJA, May 28 (Reuters) – Armed pirates attacked an oil products tanker off the coast of Nigeria in West Africa and abducted an unknown number of crew,

(Bloomberg) — Golden Ocean Group Ltd., the owner of ships hauling coal and iron ore led by billionaire John Fredriksen, plans to curb long-term charters

Swire Pacific Offshore (SPO), a Singapore-based leading service provider to the offshore oil and gas industry, is upgrading to Inmarsat’s FleetBroadband

Damage on the Royal Caribbean ship Grandeur of the Seas is pictured as the ship is docked in Freeport, Bahamas on Sunday, 27 May 2013. A fire broke out