News

FRANKFURT, April 5 (Reuters) – Private equity groups 3i and Allianz Capital Partners have attracted three tentative bids for their jointly-owned ferry

Maersk announced today that the Danish Underground Consortium (DUC) has approved an $800 million expansion of the Tyra Southeast development in the Danish

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to

The salvage operation to remove the Costa Concordia cruise ship from the shores of Giglio hit a milestone today when crews positioned the largest of five

Note: Since 1965, the Sea-Air-Space Exposition has brought together the U.S. sea services, private-sector companies and key military decision makers for an

The U.S. National Weather Service (NWS) on Thursday announced some key changes to its Hurricane warning system, particularly in the way it handles

New York-based tanker company Overseas Shipholding Group announced last night that it has, in effect, fired its Chief Financial Officer and Treasurer, Mr.

For the many thousands of people who have followed the story of the ex-USS Guardian which ran up in a Philippine Reef this past January, the fate of the

SEOUL, April 4 (Reuters) – Samsung Heavy Industries said on Thursday it won a 1 trillion won ($895 million) order to build four liquefied natural gas

Here’s new video of the Carnival Triumph after breaking free from its mooring at the BAE Systems shipyard in Mobile, Alabama during an afternoon storm

RIO DE JANEIRO, April 3 (Reuters) – Workers ended a two-day strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu on Wednesday, after

RIO DE JANEIRO, April 3 (Reuters) – Workers extended a strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu for a second day on Wednesday,

(Bloomberg) — The Baltic Dry Index, a gauge of costs to transport grains and minerals by sea, fell the most since Dec. 19 amid slowing charters of

Japan-based NYK Line welcomed a new hybrid tugboat into service at a recent inauguration ceremony at Yokohama Port. The tugboat Tsubasa will primarily assist

While at the Connecticut Maritime Association Conference in Stamford, Connecticut, I met up with Tom Boardley, Marine Director at Lloyd’s Register.  

Jumbo Shipping’s Fairpartner called on Seattle, Washington recently to deliver a rather unique, and awesome piece of equipment… Nicknamed

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today that it has signed a $143.8 million deal to purchase five MR2 product tankers with an

Fred Olsen Energy subsidiary Dolphin Drilling announced today that their semi-submersible drilling rig, Borgland Dolphin, has been awarded a contract extension

(Bloomberg) — The number of gasoline cargoes booked on tankers for shipment to the U.S. will expand in the next two weeks, according to a Bloomberg

(Bloomberg) — Canada is pulling ahead of the U.S. in the contest to be the first exporter of liquefied natural gas from the North American shale bonanza