News

TOKYO – Mitsui O.S.K. Lines, Ltd. today announced that the 78,000 DWT MOL-operated containership MOL Maneuver collided with the containership Zhen

(Dow Jones) Genco Shipping & Trading Ltd. (GNK) unveiled plans to offer $50 million worth of common stock to pay for general corporate purposes. Shares of

A new generation of 37,000-tonne tankers have been ordered for the Royal Navy fleet, the Ministry of Defense announced today. The new Military Afloat Reach and

JAKARTA (Dow Jones)–Indonesia needs to move quickly to expand and modernize its ports to keep up with a recent increase in exports and imports generated

SINGAPORE (Dow Jones)–Singapore’s Neptune Orient Lines Ltd. (N03.SG) on Wednesday reported a fourth consecutive quarter of losses and said it is

Technip was awarded by Statoil a contract, valued above €150million, for the major Åsgard Subsea Compression project located in the Norwegian Sea, 40

Northern Europe’s leading industrial gas company, AGA Gas AB, and Viking Line have signed an agreement on delivery of liquefied natural gas (LNG) to

STOCKHOLM -(Dow Jones)- The survival of BP PLC (BP) was at risk after the company was essentially shut out of lending markets following the Gulf of Mexico oil

In his first official visit to the country after assuming office last January 2, International Maritime Organization (IMO) Secretary General Koji

Just under two years ago, Faststream Recruitment, a UK-based maritime recruitment firm was hired by BP to provide contract workers for the Gulf of Mexico oil

Djibouti’s busy port is one of the most important gateways to the African continent and is strategically located at the confluence of the Red Sea and the

Diana Containerships Inc. (Nasdaq:DCIX), a global shipping company specializing in owning and operating containerships, today announced that the Company took

Huisman, the specialist in lifting, drilling and subsea solutions, successfully delivered the 600mt Wind Turbine Installation Crane onboard GeoSea’s DP2

– By ClassNK As regulations curbing atmospheric pollution and greenhouse gas emissions grow stricter amid stronger calls for a greener shipping industry,

Callao terminal productivity surges 63% in seven months as $27 million invested Callao, Peru– Since assuming control of the North Terminal on July 1,

View Larger Map LONDON (Dow Jones)–Dongfang Shipbuilding Group Company Ltd (DFS.LN), said Monday that the company’s

Musta been a heck of a night for the master of the Danica Hav before he pulled out of the Swedish port of Varberg. A few hours later he

Technip was awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf

An update from the Marine Well Containment Company (MWCC) About the MWCC: The MWCC is a not-for-profit, independent company with headquarters in Houston, that

– By UK P&I Club A recent case saw one of our Member vessels hijacked twice within a ten week period. On both occasions the ship was loaded with