News

(Bloomberg) — The refusal of three BP Plc executives’ to testify about the 2010 Gulf of Mexico disaster should be held against the company at a

(Bloomberg) — China Shipping Development Co. and China Cosco Holdings Co., the nation’s biggest operators of dry- bulk ships, both rose the most

Wärtsilä announced today that they have won an order to supply their recently introduced Wärtsilä X72 2-stroke main engines for six new vessels to

Damen Shipyards announced today that they have signed a contract with Kuwait Oil Company (KOC) for 14 Damen ASD Tugs. The series consist of two types, with 9

While in Hamburg last month for the SMM Expo, I met up with Steinar Gundersen, the CEO of ECDIS-provider MARIS, and Bhupesh Gandi, MARIS’ Asia

Any of you scurvy dogs missing an eye?  A beachcomber in Pompano Beach, Florida may have found it.  Doesn’t look human though. Any guesses where it

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, said it will remove 19 ships from Asia- Europe trade lanes in a bid to

Like wrangling a wild horse at sea, the RNLI shows off a few tools in their rescue toolbox by capturing a runaway fishing boat. Ok, so maybe it’s not

With a population of 84 million, Egypt has the largest population of all of the Arab nations, and in 2011 reported a GDP $232 billion.  The country is also

LONDON–BP PLC (BP) is looking to ship 2 million barrels of North Sea crude to South Korea at the end of October, according to shipping fixtures seen

STX OSV announced today that Norwegian offshore vessel owner, Siem Offshore has declared options for the design and construction of two additional Offshore

(Bloomberg) — Mitt Romney, vowing to expand the Navy, said the U.S. has fewer warships now than in 1916. Back then, a battleship’s main guns had a

According to a letter obtained by Reuters from Talisman Energy to Norway’s Petroleum Safety Authority (PSA), the Yme platform is still in very sketchy

(Bloomberg) — Daiichi Chuo Kisen Kaisha said it may cancel ship orders, pare its fleet and sell new stock after getting emergency financing from

(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new

You know things are bad when “get-away cars” are barges that can barely get out of their own way, but apparently it’s not a problem for

Is anyone surprised that an LPG carrier covered in this much rust, also has a cloud of smoke billowing from its wheelhouse? This is the Kantika, an 80-meter

Amongst the floating trash, sea life, and immense shipping traffic found near the Strait of Malacca, a man was spotted floating in the South China Sea on

BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, increased the number of supertankers it hired to haul oil to