News

Germanischer Lloyd (GL) has recently intensified its efforts to help shipyards, ship owners, suppliers and recycling facilities in Asia to comply with the

(U.S. Navy photo by Mass Communication Specialist Seaman Timothy A. Hazel/Released) By Jim Garamone, American Forces Press Service WASHINGTON (NNS) —

HOUSTON -(Dow Jones)- A group of coastal-state governors has formed a coalition to press the federal government to speed its permitting of offshore oil

Aker Philadelphia Shipyard has delivered to American Shipping Company the shipyard’s twelfth Veteran Class MT-46 product tanker. The 46,000 dwt vessel,

Class society ABS announces the release of its enhanced Guide for the Classification of Drilling Systems which provides a comprehensive approach to classing

Horizon Lines Inc. (HRZ) received a break on some of its expenses from former parent company CSX Corp. (CSX), which agreed to reduce Horizon’s charter

DALIAN, China (Dow Jones)–STX Group, a South Korean conglomerate, will catch up with its bigger rivals in offshore facility orders from the second

Photo: M/V Sinar Kudus coutesy EU NAVFOR According to a report from EU NAVFOR, the bulk cargo carrier the M/V Sinar Kudus was released from pirate control

The Maritime and Port Authority of Singapore said Saturday that it received reports that suspected pirates had boarded the Singapore-flagged chemical tanker

NEW YORK (Dow Jones)–Oil-tanker stocks look risky as the U.S. ramps up domestic crude production, analysts at Goldman Sachs Group Inc. (GS) said

Hyundai Heavy Industries, the world’s biggest shipbuilder, today reported first quarter net profit of KRW 903 billion, an increase of 21.16 percent

Horizon Lines Inc. (HRZ) said a federal court has agreed to reduce the company’s fine related to a conspiracy to fix rates and surcharges for marine

GULF OF MEXICO: While transiting back from the Mediterranean, the Discoverer Americas, an 830-foot long drillship, crossed paths with a small raft carrying 5

EU NAVFOR has reported that on the April 23 the bulk carrier M/V Renuar was released from pirate control after 133 days in captivity. The Liberian owned,

Summary of worldwide maritime crime and piracy (Source: Office of Naval Intelligence) CARIBBEAN SEA: A fishing vessel was robbed 21 April 2011 at 0100 UTC

Cruise ship operator Carnival Corp. (CCL) has sued BP PLC (BP, BP.LN), Transocean Ltd. (RIG), Cameron International Corp. (CAM), Halliburton Co. (HAL) and

ISTANBUL (Dow Jones)–Turkey will build a new canal connecting the Black Sea with the Marmara Sea to reduce traffic in the Bosporus, one of the

The first of two platform supply vessels (PSVs) of the PX106 type design was successfully launched from Alianca shipyard in Brazil mid-April. The vessel is the

NORFOLK, Va.—A Somali man the U.S. believes is the highest-ranking pirate it has ever captured pleaded not guilty in federal court Wednesday to piracy,

By Evan Ramstad, The Wall Street Journal Online’s Korea Real Time Report After orders for ships plunged in the second half of 2008 and virtually dried up