News

IMO Secretary-General Koji Sekimizu has pledged IMO’s support for the Philippines in all facets of the country’s maritime development.  In

Global Workboats will take delivery of the 7,200 bhp AHTS in-line with the Group’s strategy to build a strong chartering fleet to tap on pockets of

LONDON (Dow Jones)–Shares in BG Group PLC (BG.LN) rose sharply Thursday after the company revised higher its outlook for earnings from a key division and

Bermuda-based Knightsbridge Tankers Ltd (NASDAQ:VLCCF) reported yesterday a net income of USD 9.5 million (EUR 7.1m) for the fourth quarter of 2011, up from

Greatship Global Offshore Services Pte., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), has taken delivery of GREATSHIP VIMLA, a 150T

Mitsubishi Heavy Industries, Ltd. (MHI) today announced a new system that improves the stability of damaged ships, reducing the risk of capsizing.  The newly

Teekay Corporation (NYSE:TK) and König & Cie are pleased to announce that Diamond S Shipping Group has joined the Gemini Tankers Suezmax Pool as a full

– By Vigor Marine They don’t call it “shipping” for nothing. Worldwide, as much as 90 percent of the goods that move around the globe

(Dow Jones) The Norwegian government Wednesday announced it will start a geological survey of what oil and gas assets the Northern part of a previously

A cooperation between two leading energy efficiency improvers yields new potential to reduce emissions for shipowners around the world. At a press conference

Austal has secured an order for a highly efficient medium speed ferry with leading French Polynesian operator and existing customer, SNC Aremiti Ferry. The 80

According to Forbes, the net worth of Evergreen’s Founder and Group Chairman, Chang Yung-fa, is in the range of $1.6 Billion, and he is listed number 782

Norwegian shipowner World Wide Supply (WWS) has ordered another two PSV 3300 CD’s with Damen Shipyards. The two platform suppliers are added to the four

CARACAS (Dow Jones)–A U.S. citizen working for Houston-based oil services company InterMoor Inc. was shot and killed while on assignment in Venezuela on

DUBAI (Dow Jones)–Drydocks World, Dubai’s shipyard arm, is considering the sale of its entire Southeast Asian ship-building and repair operations

Amidst the fears of Global Economic Turmoil, the ship breaking yard in India at Alang in Bhavnagar District in Gujarat state is all set to demolish 400+

Panama City, Panama – Joe Nielsen, the former CFO for APM Terminals’ activities in the Americas Region has been named Managing Director, Latin

By JD, Somalia Report The Iranian Navy rescued an oil tanker from an attempted pirate hijacking in the Gulf of Aden on Monday, according to Somali pirates

Technip was awarded by Tullow Ghana Limited two contracts, worth approximately €100 million, for the Phase 1A of the Jubilee project. The Jubilee field

Rolls-Royce, the global power systems company, has completed the latest components in the power and propulsion system it is supplying for the Royal