News

(Bloomberg) — BG Group Plc, the U.K.’s third- largest natural gas-producer, agreed to a long-term sale of liquefied natural gas to India. BG will

Knightsbridge Tankers announced today signed contracts for a pair of 182,000 DWT Capesize bulk carriers new-builds from Japan Marine United Corporation (JMU).

STAMFORD – For the first time in their 113-year history, Tokyo-based classification society ClassNK has announced growth via acquisition. At the

By Rob Sheridan (Bloomberg) — Rates for Panamax ships climbed to the highest level in almost eight months on increased demand to move grains and

DUBAI, March 17 (Reuters) – National Shipping Co of Saudi Arabia (Bahri) is considering a debut Islamic bond issue to help refinance debt taken on for

Sembcorp Marine’s subsidiary PPL Shipyard announced today they have secured orders from repeat customer Integradora de Servicios Petroleros Oro Negro,

(Bloomberg) — Hercules Offshore Inc., a drilling- rig supplier, won the dismissal of a lawsuit challenging its executive pay decisions that a judge said

The following is an advisory from the US Maritime Administration in its entirety: Date Issued: 13 March 2013 1. THIS MARAD ADVISORY PROVIDES GUIDANCE TO

Austal announced today their first-in-series Cape Class Patrol Boat built for the Australian Customs and Border Protection Service has been officially named

Statoil announced today that they have signed a three year contract with Stena Drilling to contract their drillship, Stena Carron, for exploration drilling in

(Bloomberg) — Prosafe SE fell the most in almost seven months in Oslo as a share sale equivalent to 5.7 percent of the company outweighed the effect of

AET announced today that they have accepted delivery of the Eagle Varna, a brand new 320,000 DWT VLCC recently built by DSME in Okpo, Korea. This new ship

(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in 10 days in Copenhagen trading after freight

By Bibhudatta Pradhan (Bloomberg) — India’s top court told the Italian ambassador to New Delhi not to leave the country without its permission as

By Colleen Jenkins and Phil Wahba March 14 (Reuters) – A Carnival Cruise Lines ship with 5,600 passengers and crew was stuck at a Caribbean port with

Update 1 – Statement from Florida Harbor Pilots Association added While boarding the Pipit Arrow, a 656-foot bulk carrier at the Panama City, FL sea

On Tuesday, 12 March, Dr. Han Wenke, the Director General of China’s Energy Research Institute (ERI), part of the National Development and Reform

By Randy Fabi JAKARTA, March 14 (Reuters) – Indonesia’s leading oil and gas shipper PT Berlian Laju Tanker reached a deal with creditors to

(Bloomberg) — Exxon Mobil Corp., the largest U.S. oil company, said North America may be able to export 15 percent of its natural gas output and 5

Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation vessels, announced today they have has been awarded a USD $137.5