News

RIO DE JANEIRO–Brazilian shipbuilder and oil-field-services company OSX Brasil SA (OSXB3.BR), part of billionaire businessman Eike Batista’s

Tsakos Energy Navigation Limited (TEN) announced a new two-year time charter extension today for their 2008 built, 105,392 dwt, double hull aframax tanker,

(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the

Ever Lambent, the first L-type containership in the Evergreen Line fleet, was christened by Evergreen Group Chairman and founder Dr. Chang Yung-fa at the

Singapore-based shipping company, Swire Pacific Offshore, has accepted delivery of the Pacific Orca, which at 161 meters in length, is the world’s

Except maybe for this boat built by Zyvex Marine which has carbon nanotubes infused into its fiberglass… In case you didn’t know it, carbon

UPDATE (7/27/12): Bunga Alpinia Death Toll Rises to Three Original (7/26/12): An explosion and fire, reportedly the result of a lightning strike, engulfed the

Among a bit of doom and gloom lately with the fluctuations in the dry bulk market, Navios Maritime Partners L.P. (NYSE: NMM), an owner and operator of dry

MSC Flaminia and her cargo of smoldering containers has nearly reached the coast of the UK and British authorities are currently working on sorting out a

(Bloomberg) — The Republican-led U.S. House of Representatives passed legislation opening the California and Virginia coasts

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian

Tourists get the full experience of the power of a calving glacier while on a boat trip off Ilulissat, Greenland.  Fortunately, and somewhat amazingly, nobody

By Bruce Vail, contributing writer at Working In These Times Unions representing the crewmembers aboard U.S.-flag cargo ships are reeling from a stunning

Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform

(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the

If it looks like a deal that’s too good to be true, it likely is, especially if it involves reflagging unregistered ships.  The following is a report by

Because they just won $4 Billion in contracts for three of their rigs, two of which haven’t even been built yet… The combined 3 rig package

Seadrill has again specified Rolls-Royce thrusters for three drillships to be built by Samsung in Korea. Each vessel will be equipped with six azimuth

Harmony Cruise, Korea’s newest cruise operator, has chosen Wilhelmsen Ships Service (WSS) to provide ships agency services at ports on its Japan

From 1 January 2013, all ships over 400GT on international voyages will be required to carry a Ship Energy Efficiency Management Plan (SEEMP), detailing the