News

HOUSTON–BP Plc (BP, BP.LN) said Tuesday it has named John Minge president of its U.S. unit, BP America, Inc. Mr. Minge succeeds Lamar McKay as BP’s

By Mari Iwata TOKYO–A Japanese energy company said Tuesday it is partnering a Canadian firm to export North American natural gas from Canada’s West

Huntington Ingalls just released this 20-second time-lapse video showing the installation of the 555-ton island on board the Gerald R. Ford aircraft carrier

HOUSTON – The American Bureau of Shipping (ABS) announced today the certification of several maritime industry leaders for adopting energy management

(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at

(Bloomberg) — Seaspan Corp, a ship-leasing unit of Tiger Group Investments, may order as many as 15 more container ships over the next year to benefit

General Dynamics NASSCO shipyard in San Diego said Monday that it has finalized a contract with Totem Ocean Trailer Express (TOTE) to design the conversion of

Zurich-based power and automation technology group ABB announced today they have won a long-term service contract from Star Cruises for preventive maintenance

In a boost for zero-emission vessels the “world’s first” electric car ferry has been launched in Norway. The 80-meter electric car ferry

By Geraldine Amiel PARIS–French integrated oil and gas major Total SA (TOT, FP.FR) Monday confirmed that Samsung Total Petrochemicals, its joint venture

(Bloomberg) — Iron ore and coal shipping costs slid for a fifth day amid speculation storms in Australia are curbing demand for vessels carrying the

By Angel Gonzalez HOUSTON–A Royal Dutch Shell PLC (RDSA) unit struck a deal with a Kinder Morgan Inc (KMI) company to export liquefied natural gas out of

On January 18th, 2013, Damen Shipyards Galaţi launched the World Diamond, the first of a series of six fully equipped Platform Supply Vessels for Norwegian

COSCO Dalian Shipyard announced today the delivery of two 82,000 DWT  bulk carriers,  the ECOPRIDE G.O. and UNION MARINER, respectively to its European

Jan. 27 (Bloomberg) — French yachtsman Francois Gabart won the Vendee Globe solo round-the-world sailing race after 78 days at sea, setting a world

Austal Shipbuilding and and Singapore-based Sembawang Shipyard have announced a strategic partnership aimed at providing life-cycle services specifically

The 60-foot long, 30-foot wide island was the 452nd lift of the nearly 500 total lifts needed to complete the first of the next-generation class of American

Suezmax tanker AST Sunshine is expected to deliver fuel savings of 10-15% compared to standard tonnage. The tanker, a third generation, fuel-efficient Suezmax,

The U.S. Coast Guard reports that two tank barges allided with a Mississippi River railroad overpass on Sunday, spilling an unknown quantity of light crude oil

By Alison Sider HOUSTON–Shallow-water driller Rowan Drilling Company (RDC) is stepping in the deepwater, a move that it expects will boost profits and