News

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

51 years after being commissioned into the US Navy’s fleet, USS Enterprise (CVN 65), the world’s first nuclear powered aircraft carrier, has seen

Wärtsilä hosted a webinar yesterday on the subject of “Performance Optimization for the Merchant Marine Market” and it was moderated by Atte

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo

(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying

SAO PAULO–Brazilian government-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled plans to hire five drilling rigs

Wilhelmsen Ships Service (WSS) has announced today the appointment of John Sanford as Technical Sales Manager for Safety covering the Americas. Andrew Sheriff,

(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher

(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating

Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete

(Bloomberg) — Shanghai Shipping Exchange introduced dry-bulk and oil-tanker indexes in a challenge to a 268-year-old London bourse that sets freight

(Dow Jones) Kirby Corp. (KEX) has agreed to buy tank barges and tugboats operator Penn Maritime Inc. and an affiliated company in a cash and stock deal of

(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut

(Bloomberg) — BP Plc, which pleaded guilty to criminal charges after the worst U.S. oil spill in 2010, will be temporarily suspended from winning new

Wärtsilä announced today they have been contracted to supply an integrated engineering solution to an LNG-powered Platform Supply Vessel (PSV) newbuild

Scotland-based Maritime Craft Services (Clyde) Ltd announced today they have placed a £8.9 million order with Damen Shipyards for three more Damen Twin Axe

[vimeo]http://vimeo.com/32515225[/vimeo] – By Tom Stitt Is it time for Marc Levinson to publish a sequel to The Box, his classic story of how the

(Bloomberg) — Sekavin SA, a Greek fuel supplier, said it’s investigating the origin of a cargo aboard an Iranian tanker off the Mediterranean

(Bloomberg) — Cyprus’s ship-management companies contributed more to the island’s gross domestic product in the first half of 2012 than they