News

The Atlantic Council recently launched their Counter-Piracy Task Force report, an action oriented effort to analyze and make recommendations on the complex

TOKYO (Nikkei)–Mitsubishi Heavy Industries Ltd. (7011.TO) will unveil by 2015 a natural-gas-powered vessel engine that emits 30% less carbon dioxide than

Founded in 1870 in Hoboken, New Jersey, the Stevens Institute of Technology has earned a worldwide reputation for academic excellence in the field of naval

0618 GMT 22 November [Dow Jones] STOCK CALL: Keppel’s (BN4.SG) stock faces “a tug of war between good contract wins and margin concerns,” UOB

The driver of a tractor trailer aboard the MV Alborán, a car ferry operating between Algeciras, Spain and Ceuta, Morocco, is definitely lucky to be alive,

– Carbon War Room Global fuel prices are rising inexorably, while extraterritorial bodies are putting forth new and stricter environmental legislation

0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,

BP PLC (PB.LN) Friday said it has appointed Lamar McKay as head of oil and gas production and development and he will take up the position Jan. 1, 2013. The

Maersk made some comments recently that indicated they may be moving away from the shipping business, however Group CEO Nils Anderson makes it 100% clear in

AMSTERDAM-based Oranjewerf Ship Repair appears to be a fast mover. Last Friday, the Damen Shipyards branch acquired the order to overhaul the former radio

(Bloomberg) — Nexus Energy Ltd., an Australian oil and gas explorer, said further exploration at the Crux field may justify the development of a floating

Earlier in November, Korea’s Hyundai Mipo Dockyard (HMD) delivered a highly innovative vessel named the King Gregory, a Lloyd’s Register-classed,

Norwegian oil and gas exploration and production service provider Fred. Olsen Energy ASA (FOE.SE) said Wednesday it has decided not to exercise the option for

(Bloomberg) — A glut of the largest oil tankers in the Middle East is poised to fall to the lowest in 22 weeks as crude shipments to refineries across

APM Terminals and its consortium partners announced today their plans to carve out a huge new shipping port and Free Trade Zone from the Nigerian coastline at

Maersk’s movement away from the shipping business continued ahead today with the sale of their entire Handygas tanker fleet to Navigator Gas.

(Bloomberg) — China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and

International Shipholding Corporation (NYSE: ISH) announced last week that in light of current market conditions, it has decided not to proceed with its

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced late last week that BP and Shell were the successful bidders for exploration licenses

(Bloomberg) — Maersk Line, the world’s biggest operator of container ships, expects rates to rise on trans-Pacific routes next month because of an