News

Oceanfoil, a UK-based aerofoil design company has announced that it has formed partnerships with naval architects Owen Clarke Design and University College

Sept. 4 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in more than two weeks in Copenhagen

International deepwater drilling contractor Ocean Rig UDW (NASDAQ: ORIG) on Tuesday announced that it has signed a contract to construct a ninth ultra

U.S. approval each year of 1.5 billion to 2 billion cubic feet a day of liquefied natural gas export capacity would be “palatable” for consumers,

The U.S. Navy and Australian Defense Force (ADF) successfully recovered and disposed of the live ordnance emergency-jettisoned by two AV-8B Harrier aircraft on

With a 37-38 meter beam, the vessels will be the widest car carriers ever

Hyundai Mipo Dockyard announced today they have been awarded a 113,200,000,000 KRW (USD $103 million) newbuild order for new containerships from an undisclosed

Golden Ocean Group Limited announced today the acquisition of a 50 percent stake in a 2010 Korean-built 181,000 dwt Capesize bulk carrier and one 2010

DOF Subsea Rederi AS, an entity in the DOF Subsea Group, announced today the sale of their 120 meter subsea construction and ROV vessel, Skandi Bergen, to an

By Ole Mikkelsen COPENHAGEN, Sept 3 (Reuters) – Who would have thought a container shipping firm could rally as many Facebook “likes” as a

Not exactly sure what this officer was thinking here, but it didn’t end well. http://www.youtube.com/watch?v=C-r7eEfcV2s While i was walking by Potomac

In the above photo, the P2-Class vessel HHL Lagos lifts a 1306 metric ton reactor at Porto Marghera, Italy. This piece of cargo, along with three other

Sept. 2 (Bloomberg) — Egyptian authorities moved to bolster security along the Suez Canal after a foiled attack on a ship traversing the waterway that

By Harry Papachristou ATHENS, Sept 2 (Reuters) – China’s largest bulk shipper COSCO Holdings Co Ltd has agreed a multi-million euros expansion of

In an exchange filing today, Samsung Heavy Industries announced the winning of contracts to build a new drillship and two LNG carriers for a total

Sept. 2 (Bloomberg) –Wärtsilä a Finnish maker of ship engines, rose the most in eight weeks in Helsinki trading after winning a repeat-order for the

It’s been three days since a fire broke out on board the containership Maersk Kampala just south of the Suez Canal and the crew on board has yet to

Egypt has arrested three people who opened fire with machine guns on a ship passing through the Suez Canal, an army source said on Sunday, playing down what

A "terrorist" staged an unsuccessful attack on a container ship passing through the Suez Canal on Saturday, in an attempt to disrupt the flow of ships through

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