News

(Press Release) Cargotec’s MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to

Deal signed to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt

Investors in Songa Offshore (SONG:OSLO) reacted positively today to comments made by interim CEO and Chairman of the Board, Jens A Wilhelmsen.  Share prices

(Bloomberg) — Rates for iron-ore carriers fell for a sixth day on speculation Chinese steel mills are drawing on stockpiles instead of imports, according

Ships are seen anchored in Karnafuli river before cyclone Mahasen approaches in Chittagong May 16, 2013.

Mitsubishi Heavy Industries, Ltd. (MHI) announced today an agreement with Mitsui O.S.K. Lines, to build a Sayaendo-series liquefied natural gas (LNG) carrier.

d’Amico International Shipping S.A. (Borsa Italiana: DIS), announced today that it has exercised its option to purchase two additional 50,000 DWT

A $180 million contract to dredge Miami's harbor was awarded to Great Lakes Dredge & Dock on Thursday, part of a plan to deepen the port channel to handle

May 15 (Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, said its first-quarter loss almost halved as freight rates

(Bloomberg) — Rates to ship liquefied natural gas fell to the lowest in almost two years as the opportunity to profit from shifting cargoes to Asia

I was at the Rayburn Building on Capitol Hill today attending a brief given by ICF International’s Harry Vidas in front of members of the

Anyone who’s ever operated a crane at sea, or worked as a roustabout or deck crew, can attend to the fact that operating cranes in a seaway is

As the major engineering partner to the Allseas Group, Bosch Rexroth has developed and engineered the drive and control system solution for the world’s

Transocean’s ultra-deepwater semisubmersible rig, Sedco Express (EXS), coordinated an at-sea firefighting rescue of the crew of a bunkering tanker

Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker

Zhejiang shipyard has delivered the PSV Sea Flyer, the first of 12 Ulstein PX105 PSVs ordered by Seatankers

Reports indicate the four-tugboat fleet based in Boston, which was previously owned by Constellation Maritime (FOSS), has been acquired by New York-based

FRANKFURT, May 15 (Reuters) – Hamburg Süd, Germany’s second-largest shipping group, said on Wednesday it did not expect to resume merger talks

Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, said it will add more fuel-efficient ships this year to pare costs as a

Taiwan imposed sanctions against the Philippines on Wednesday, rejecting as unacceptable a Philippine apology for the killing of a fisherman from Taiwan last