News

SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said it has firmed up contracts to build five additional semisubmersible drilling rigs for Sete Brasil

SOUTHPORT, CT– The North American Marine Environment Protection Association Founding Chairman, Clay Maitland, announced that United States Coast Guard

(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships

(Bloomberg) — Iran probably would attempt to block the Strait of Hormuz at the mouth of the Persian Gulf only as a “last resort,” according

LONDON–Falkland Oil & Gas Ltd. (FOGL.LN) said Monday that a second large international oil company has taken a significant interest in its South

(Bloomberg) — Oil companies off Greenland’s shores may be basing risk assessments on outdated information as icebergs splinter the island’s

Since 1968, Italian Shipping Company Ignazio Messina & C has specialized in offering ro-ro container services to the Red Sea and East Africa.  With a

According to US Coast Guard officials, a 55 year old crew member of the containership Jupiter suffered third degree burns while attempting to put out a fire

Sea Trucks Group, a Netherlands-based offshore supply and support vessel owner, confirmed that four of its sea-going staff were kidnapped in a violent attack

Petrobras signed contracts today with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12

An agreement was filed yesterday in U.S. District Court in San Juan, Puerto Rico, in which Crowley Liner Services, Inc. (CLSI) agreed to plead guilty to

HONG KONG–Container shipper Orient Overseas (International) Ltd. (0316.HK) said Thursday it signed contracts to buy US$347 million worth of equipment

Maersk Line, Limited (MLL) announced today that they have completed its acquisition of 3PSC, a commercial ship operator that provides management services to

Via NOAA Earth’s oceans, forests and other ecosystems continue to soak up about half the carbon dioxide emitted into the atmosphere by human activities,

HOUSTON–Transocean Ltd. (RIG, RIGN.VX) is making progress towards a settlement in the Deepwater Horizon case, Chief Executive Steve Newman said

Seattle and the Puget Sound area has a long maritime and naval history, and it’s no surprise that it’s one of our top-visited cities to gCaptain.

(Bloomberg) — U.S.-led sanctions against Iran are costing OPEC’s third-largest producer $133 million a day in lost sales without raising global

Smit Lamnalco, a global provider of towage and associated marine services to offshore oil and gas terminals, placed an order today for a series of four 32m

(Bloomberg) — Tankers International LLC, operator of the largest pool of the biggest oil carriers, wants to shift hiring of its vessels back to

Odfjell announced today they have signed a newbuild contract worth close to USD $160 million with Hyundai Mipo Dockyard for four new 46,000 DWT chemical