News

(Bloomberg) — Technip SA, Europe’s second-largest oilfield-services provider, increased first-quarter profit and hit a new record for orders as

Petroleum Geo-Services ASA (PGS) exercised their option today for two more “Ramform Titan-class” 3D seismic exploration vessels from Mitsubishi

Officials have warned that an imminent drop in water levels is going to cause extended delays for commercial ship traffic along Illinois River.

How does this even

By Jonathan Saul LONDON, April 24 (Reuters) – Iran is storing millions of barrels of oil on tankers in its territorial waters as Tehran struggles with

SYDNEY (Reuters) – Six Greenpeace activists boarded a coal ship bound for South Korea near Australia’s Great Barrier Reef on Wednesday, protesting

Piraeus-based tanker owner, Navios Maritime Acquisition Corporation (NYSE: NNA) announced the delivery today of the Nave Atropos, a 74,695 dwt LR1 product

In early 2012, Torm was carrying $1.9 billion of debt while lacking means to repay this debt.  A Chapter 11 filing and the painful process of restructuring

China unveiled plans to build more aircraft carriers after commissioning its first last

(Bloomberg) — The U.S. needs to act quickly to take advantage of overseas demand for its glut of natural gas or lose market share to international

The computer network on the U.S. Navy’s Littoral Combat Ship is vulnerable to hacking, a new report has

StealthGas Inc. (NASDAQ:GASS) announced today their plans to offer 8,000,000 shares of its common stock in order to partially fund the acquisition of five

By Nick Brown Last week I took part in the SEAaT Fuelling the Future Conference in London, chairing the afternoon session on future fuels. It was an

China's CITIC Pacific is delaying completion of its $8 billion Sino Iron project in Australia until late May because of engineering

The Damen Shipyards Galati-built tugs, SL Gabon and SL Libreville, were welcomed to the SMIT Lamnalco fleet at a ceremony at Port-Gentil, Gabon last week.  

Havila Shipping ASA announced today they have agreed with Fugro TSM in Perth, Australia to extend the firm contract period for the 2005/2007-built subsea

Höegh LNG announced today their 126,000 cubic meter LNG carrier, LNG Libra has been chartered by Spanish natural gas utilities company Gas Natural. The

Houston, TX, April 23, 2013 – Marine Well Containment Company (MWCC) announced today that Mobile, Ala. has been selected as the shorebase location to

April 22 (Bloomberg) — Exxon Mobil Corp., the world’s biggest energy company by market value, booked two tankers to haul oil to the U.S. Gulf Coast

FRANKFURT, April 23 (Reuters) – NordLB’s, one of the world’s top ten ship financiers, expects the shipping industry to have passed its