News

CAIRNS – To meet the needs of changing market conditions and increased commercial vessel traffic in and around the Great Barrier Reef, TITAN

American Commercial Lines (ACL) has selected Cat® C280 marine engines for repowering six of their towboats. Bill Foster, ACL Vice President Boat Maintenance,

Austal USA announced today that Craig Perciavalle has been chosen to assume the role as President of the Mobile, Alabama-based shipyard. “I am pleased to

Dockwise, the Dutch heavy lift operator, has announced that they have been awarded 6 new contracts, letters of intent and contract extensions valued at nearly

STX Group is in talks about selling its controlling stake in STX Pan Ocean Co., South Korea’s largest dry-bulk ship operator, as it tries to raise 2.5

Mitsubishi Heavy Industries (MHI) announced today that construction has commenced on the first ship in their Sayaendo series of new-generation LNG carriers.

Scary moments again off the coast of the Netherlands- this time on Sunday night, when the 170-meter M/V Ocean Victory cargo ship lost propulsion and was

ANCHORAGE, Alaska (Reuters) – Alaska‘s governor will introduce legislation allowing the state to provide $355 million (221 million pounds) in

Search for missing crewmembers Baltic Ace has been called off. By Tobias Pieffers, Local Correspondent ROTTERDAM – The Dutch Coast Guard has called off

ROME (Reuters) – Eleven Somali men who attacked an Italian oil tanker in January were each jailed for three and a half years on Tuesday after a Rome

ISTANBUL, Dec 4 (Reuters) – At least three people were killed and nine others were missing after a cargoship with a Ukrainian and Russian crew sank in a

Christian Waldegrave, Market Analyst from Teekay presents the factors that contributed to this year’s boost in tanker demand in the first half of the

The master and owners of Hong Kong-flagged bulk carrier Hope Star have been fined and had criminal convictions recorded by an Australian court following the

The world’s largest containership, CMA CGM’s M/V Marco Polo transited the Suez Canal over the weekend while on her maiden voyage from the Far East

Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces

Singapore’s Ministry of Manpower (MOM) has confirmed that all shipyard workers have been accounted for after a jack-up rig accident injured 89 at Jurong

(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher

U. S. Coast Guard Boatswain’s Mate Chief Petty Officer Terrell Horne died this morning from injuries sustained during a hit-and-run collision at sea

(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