News

In mid-May, the SUNY Maritime training ship, Empire State, paid a visit to the Azores and left a bit of their bottom paint on the jetty.  This image was

(Bloomberg) — China secured the release of a 26- man crew aboard a Taiwanese fishing boat that was captured by Somali pirates more than 18 months ago,

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month

Appendages to the propulsion system at the stern of a vessel can offer ship owners and operators an easy and relatively painless solution to improving fuel

LONDON (Dow Jones) —Royal Dutch Shell PLC (RDSB.LN) could face a record $5 billion fine from authorities in Nigeria for an oil spill off the coast of

By Hursh Joshi, MaerskLineSocial Maersk Line does everything it can to avoid creating a negative impact on the marine environment. Despite these efforts on

(Bloomberg) — The world’s container shipping lines boosted reliability in June in terms of the number of boxes delivered on time, according to a

In a move to reduce debt, and to the overall benefit of the struggling dry bulk industry, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today that

Seajacks announced today they have placed an order with UAE-based Lamprell for the construction of a new self-propelled jack-up vessel, specifically designed

Recently the second of a series of four Damen Stan Patrol Vessels 4207, going by the name of ‘Oriku’, has been finalized in the Pashaliman

Rolls-Royce announced today that they have signed a £10 million contract with Simon Møkster Shipping for a wave piercing offshore vessel with a striking

(Bloomberg) — Sales of offshore wind turbines collapsed in the first half, a sign the power industry and its financiers are struggling to meet the

HOUSTON – (BUSINESS WIRE) – McDermott International, Inc. (NYSE: MDR) announced today that one of its subsidiaries has been awarded two projects

Aker Solutions announced today that they have signed a NOK 440 million SURF contract with McDermott, the main EPCI contractor for the Australian Ichthys

LONDON–U.K.-listed oil explorer Tullow Oil PLC (TLW.LN) said Monday it has decided to abandon a high-pressure oil well it was drilling off the coast of

(Bloomberg) — Pirate attacks fell to the lowest since 2008 this year as the presence of naval forces helped deter Somalis from attacking merchant

Over the weekend, Kleven Maritime signed a 400 million NOK (USD $65M) contract with Remøy Shipping for a new Wärtsila-designed, LNG powered platform

(Bloomberg) — Teekay Corp., the biggest operator of Aframax crude tankers, is poised to return to profit after three years of losses as record Russian

Murphy’s Law was proven once again this weekend as the Noble Discoverer, a Shell-contracted drill ship destined to start drilling in arctic waters,

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC