News

Nordic Hamburg Shipmanagement GmbH & Co., has signed a contract with ABS Nautical Systems to utilize multiple modules from the NS5 Enterprise software

Commerzbank on Wednesday sought to reassure investors that it is not selling assets in a value destructive manner in response to market speculation about a

Technip announced today they have been awarded a lump sum contract by Statoil for pipelay and subsea installation work on the Snøhvit CO2 Solution project.

A tug has commenced towing of the forward section of the MOL Comfort towards the Arabian Gulf.

By Michele Kambas NICOSIA, June 26 (Reuters) – Aiming for energy hub status and hoping to reboot an economy hobbled by a debt bailout – Cyprus

New Singapore office and equipment will allow Crowley to better service customers in the region.

Rising water on the Mississippi River will force the U.S. Army Corps of Engineers to close numerous locks on the major shipping waterway for the second time

An interesting trend in recent years has been the increase in high spec supply vessels ordered to service the offshore oil and gas industry, in addition to

The mysterious Chinese businessman behind a $40 billion plan to build a canal through Nicaragua pledged transparency on Tuesday -- but refused to reveal where

Norwegian Car Carriers ASA (NOCC) is working with the Japanese Coast Guard to determine if one of their vessels was involved in a possibly fatal collision with

June 25 (Bloomberg) — The biggest jump in shipping rates since September is spurring speculation that demand from Chinese steelmakers is rebounding after

At South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), first steel was cut yesterday for the hull of Petronas’ first Floating

June 25 (Bloomberg) — Petronet LNG Ltd., India’s worst- performing oil and gas stock this year, is considering slowing contracts for importing

Bollinger Shipyards delivered the DP 2-classed Ocean Sky today, the fourth Ocean Class tugs for Jacksonville-based Crowley Maritime Corporation. The first two

The not-for-profit, non-partisan advocacy group, United Against Nuclear Iran (UANI), has announced the launch of an around-the-clock Iranian vessel tracking

Rates to ship iron ore extended the year’s biggest rally on speculation Brazil expanded exports as Chinese steel mills, the biggest buyers, rebuild

Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the

Castrol Marine has welcomed new guidance from Wärtsilä that undermines claims that mid-range base number (BN) oils represent a single cylinder oil solution

I had the opportunity to attend Marine Money Week in New York last week, the industry’s premier trade show for all things related to ship finance. Here

Three tugboats and a patrol boat were scheduled to reach the MOL Comfort today, approximately 1 week after the vessel split in two while battling inclement