News

– Tom Boardley, Marine Director, Lloyd’s Register Future technology and innovation is needed in shipping as emission regulations and fuel prices

The drilling engineers and geoscientists at Chevron Nigeria (CNL) knew that there was a good chance the unimpeded flow from the blown-out Funiwa 1A natural gas

LONDON (Dow Jones)–Danish oil and shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) expects growth on its Asia-Europe container trade route to

Greek shipping company, Diana Containerships Inc. (NASDAQ: DCIX), announced today that they had taken delivery of the Panamax container vessel, MV APL Spinel,

LONDON (Dow Jones)–The chief executive of commodity giant Glencore International PLC (GLEN.LN) said the share swap ratio in its proposed merger of equals

On Christmas day 2011, the nickel-ore carrier, Vinalines Queen, and her crew of 22 seafarers went missing in the western Pacific Ocean.  No trace of the ship

In a move that strengthens its Marine Engineering and Technology team, Rolls-Royce has recruited Oskar Levander from Wärtsilä and Peter Michael

Wilhelmsen Ships Service (WSS) has appointed a new Regional Operations Manager for Asia Pacific. Brendon Hawley will be based in Jakarta, Indonesia and will

According to China’s state-owned news company, Xinhua, 4 workers have died following a boiler explosion on board a bulk carrier at the Zijinshan

SINGAPORE (Dow Jones)–Ezra Holdings Ltd. (5DN.SG) said Monday its subsea construction division, EMAS AMC, has won a contract from Statoil (STL.OS) worth

(Dow Jones) Star Bulk Carriers Corp. (SBLK) said one of its ships suffered hull damage entering a Turkish port, forcing the company to declare the vessel

SINGAPORE -(Dow Jones)- Singapore shares ended higher Friday, led by gains in cyclical stocks as investors’ optimism over the global economy got a shot

Almost a year after they had planning to start production, oil has finally started to flow from Petrobras’ Cascade Field, 250 kilometers south of

MUMBAI (Dow Jones)–Indian Oil Corp. (530965.BY) has canceled an Iran spot shipment contract with Shipping Corp. of India (523598.BY) because of the

AMSTERDAM (Dow Jones)–Dutch oil services firm SBM Offshore NV (SBMO.AE) posted a steep 2011 net loss Friday and scrapped its dividend payment as charges

HONG KONG (Dow Jones)–The global slowdown in the shipping industry is claiming more victims and industry experts expect more defaults in the coming

SINGAPORE (Dow Jones)–The chairman of Yangzijiang Shipbuilding Holdings Ltd. (BS6.SG) said Thursday he doesn’t expect the yuan to appreciate more

OSLO (Dow Jones)– Norwegian oil and gas giant Statoil ASA (STO) Friday said it is introducing a new drilling rig concept for mature fields on the

Salvors have removed a total of 566 containers from Rena by Svitzer, and a further 72  have been recovered from the shore or sea by Braemar Howells container

HOUSTON (Dow Jones)–Royal Dutch Shell PLC (RDSA, RDSA.LN, RDSB.LN, RDSB) is suing in federal court more than a dozen environmental organizations that are