News

Vancouver-based naval architects, Robert Allan Ltd. report today that two of their new ART 80-32 class Rotor tugs are to be built by the Damen Shipyards group

Pascagoula, Mississippi shipbuilder VT Halter Marine held a christening ceremony yesterday for USNS MAURY (T-AGS 66), the seventh ship in the T-AGS 60 Class of

(Bloomberg) — Exports of diesel fuel from the U.S. Gulf Coast are poised to climb as refineries returning from maintenance boost production, widening the

CIMC Raffles’ deepwater semi-submersible lifting & accommodation rig SSCV 206 finished sea trials this month. In December 2012, CIMC delivered the

(Bloomberg) — Singapore LNG Corp., the island state’s importer of liquefied natural gas, received its first cargo and will use the spot shipment

Crowley has announced today that retired US Navy Captain, Patrick Keenan, has joined the Titan Salvage team as Director of Operations. Besides the fact

The Captain and Second Officer of a German-owned cargo ship have been arrested in India and charged in connection to a fatal ship collision with an Indian

HONG KONG, March 27 (Reuters) – China COSCO Holdings Co Ltd posted its second-largest yearly net loss of 9.6 billion yuan ($1.5 billion) in 2012 as its

PRESS RELEASE – Japan is the most recent addition to a growing list of Flag States to formally approve the United Kingdom Hydrographic Office’s range

March 26 (Bloomberg) — Transocean Ltd. properly maintained its Deepwater Horizon rig before the April 2010 blowout of a BP Plc well that set off the

(Bloomberg) — Stronger demand for iron ore and coal shipped by sea, led by record monthly steel production in China amid slowing fleet growth, is poised

SULU SEA – U.S. Navy and contracted salvage personnel embarked aboard M/V Jascon 25 have begun dismantling and sectioning the hull of the grounded mine

Overall confidence levels in the shipping industry recovered to their highest level in two years in the three months ending February 2013, according to the

By Steve Scherer ROME, March 26 (Reuters) – Italian Foreign Minister Giulio Terzi resigned on Tuesday over his government’s decision to return two

A jump in scrubber orders for Alfa Laval and Wartsila reflects a general trend of higher uptake of these systems. Finland’s Wartsila has received about

March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before

As forewarned in December, Chinese shipbuilder Rongsheng Heavy Industries, posted a 2012 loss of USD $92 million, the opposite of the $90 million profit they

(Bloomberg) — India’s JSW Group, controlled by the billionaire Jindal family, plans to spend 40 billion rupees ($736 million) to build its first

(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting

At the Connecticut Maritime Association conference last week in Stamford, Connecticut, I sat down with Peter Evensen, President and CEO of Vancouver-based