News

The Sea Shepherd Conservation Society has severed the fuel supply to Japanese whaling ships in Southern Ocean as this season’s campaign to stop

(Bloomberg) — The rally in rates to ship liquefied natural gas may end as winter demand subsides and a shortage of cargoes curbs trading to profit from

SINGAPORE – SMOE, a wholly-owned subsidiary of Sembcorp Marine, announced today they have secured a contract worth about S$900 million from Det norske

By Jonathan Saul LONDON (Reuters) – Iran has taken delivery of several new tankers from Chinese shipyards, giving it greater flexibility in maintaining

(Bloomberg) — Iran, which dropped two places to become India’s fourth-largest crude supplier last year, may lose $2.5 billion of revenue as global

Panama City, Panama — The AdvanFort Company was officially approved today by the Panama Maritime Authority (PMA) to conduct counter piracy operations

Swedish broadband satellite provider Ancylus AB and Net1 have announced a strategic partnership to offer the Scandinavian and the Nordic maritime market a

ATHENS (Reuters) – Greek ships sailed again from the busy ports of Piraeus and Rafina on Wednesday after the government ordered seamen to end a six-day

Sea Tankers announced Wednesday that pirates have released their product tanker M/T Gascogne after stealing part of the ships cargo and that all 17 crew

Drydocks World announced today that they have finalized the conversion of the 135k,000 cbm LNG carrier Golar Frost, to a Floating Storage and Re-gasification

UAE-based shipyard Lamprell announced today that it has been awarded a newbuild contract from Dev Drilling for the construction and delivery of a completely

By Anurag Kotoky and A. Ananthalakshmi BANGALORE, Feb 6 (Reuters) – China’s role in operating a strategically important port in Pakistan is a

(Bloomberg) — Earnings for the biggest oil tankers on the benchmark route shipping Saudi Arabian crude to Japan will rise 48 percent this year to average

By David Ljunggren OTTAWA, Feb 5 (Reuters) – Canada’s offshore petroleum boards are not equipped to cope with a major spill, the country’s

5 February Update: Ahmad Ghalehbani, Managing Director of the Iranian National Oil Company said in a translated statement that recovering the sunken jacket of

Like all commercial vessel owners, the Washington State Ferries’ (WSF) most significant expense is fuel.  As the largest ferry operator in North

Overseas Shipholding Group Inc. (OSGIQ), the largest U.S. tanker operator, won approval to borrow $25 million to maintain ships and to make payments to two

(Bloomberg) — Oil tankers designed to navigate Egypt’s Suez Canal are getting the most cargoes in at least three years as Iraq fills a void left

Pangea LNG announced today that they have been granted a long-term, multi-contract authorization by the U.S. Department of Energy (DOE) to export liquefied

By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels