News

At the Center for Strategic and International Studies (CSIS) this morning, His Excellency Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources for the

Somali pirates have released six crewmembers from the Danish-flagged MV Leopard after more than two years in captivity.

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, signed an initial accord with Royal Dutch Shell Plc to enable the

New York-based Baltic Trading Limited (NYSE:BALT) is a publicly traded dry cargo company which operates a fleet of 9 dry cargo vessels, consisting of 3

London, 30th April 2013 – KPI Bridge Oil, a leading global broker and trader in marine bunkers, marine lubricants and risk management products, has

Two new state-of-the-art Ramform Titan-class seismic vessels under construction at the Mitsubishi Heavy Industries yard in Japan for Norway headquartered

Japanese companies sent a huge contingent to LNG 17 the other week, which makes sense considering they are, and will likely remain the world’s biggest

For anyone who witnessed last week’s ridiculous public back-and-forth between the US Merchant Marine Academy Alumni Association and the

Maersk Line announced today they have hired Stephen Richard Schueler to replace Lucas Vos as Chief Commercial Officer, effective 27 May. Stephen is American,

Baden, Switzerland – ABB Turbocharging announced today that its innovation, high-pressure tuning (HPT), was added to MAN Diesel & Turbo’s

In a stock exchange announcement over the weekend, China Shipping Container Lines has expressed their intentions to build five, 18,000 TEU containerships. The

(Bloomberg) Costs to haul iron ore and coal on Capesize ships, the largest carriers of the commodities, rose for a third session to a one-month high after more

(Bloomberg) Two Syrian sailors were killed and another eight are missing after a cargo ship carrying fertilizer collided with a container vessel early today

Petrobras has awarded a 3 years firm contract to PSV Far Supporter (1996, UT 750, 4,680 DWT). The contract is in direct continuation of the existing contract.

Hong Kong-based Kuma Shipping announced today the order two new platform supply vessels from Ulstein.   The vessels will be built at an undisclosed shipyard

ABUJA, April 29 (Reuters) – Pirates have kidnapped five crew members from a cargo ship off Nigeria, the vessel’s management company said on Monday,

In a stock exchange filing today, 6 Hong Kong-based investment holding companies jointly owned by Sinopec Kantons, China Shipping Development, and Mitsui

Tokyo-based classification society ClassNK announced that it has certified the Type Specific ECDIS (Electronic Chart Display and Information System) training

Cargotec has been struggling to improve profitability for the past few years as global economic uncertainty and a glut of vessels have made shipping companies

Salvage operations continued Thursday near the Marseille’s Dam with the removal three more barges and two gates being brought back online.