News

COSCO Corporation (Singapore) Limited announced today that COSCO Zhoushan Shipyard Co., a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co.,

ATHENS – Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today that they have entered into new time charter agreement for one of their

Breda, the Netherlands, Dockwise announced today that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the

SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

By Tom Weaver, Partner, Weaver-Price Design & Construction Since the 1970s, the Volvo Ocean Race (VOR) has attracted an incredible global following as the

DNV released this video the other day showing the technical details of how exactly an LNG-powered ship such as Eidesvik’s Viking Energy is refueled.

NEW YORK–Even energy titan Exxon Mobil Corp. (XOM) is showing signs of strain from low natural gas prices. On Wednesday Exxon Chief Executive Rex

**UPDATE** The latest word is that after exhaustive searching and x-rays of the containers on board, no stowaways were found by port authorities today in

India’s Great Eastern Shipping Co Ltd. has signed a contract to sell “Jag Viraj”, a Liquefied Petroleum Gas (LPG) carrier. The 1991-built

In the span of less than a week, a second vessel overloaded with refugees has capsized and sunk in the waters northwest of Australia, 107 miles north of

“Industry experts estimate that the liner operators overall had to accept a loss of some 5-6 billion US dollars in 2011 after profits of around 14

On Friday, 22 June 2012, Mr. Joseph Rella – Austal USA President and Chief Operating Officer resigned and the Board of Directors accepted his

– by Flagship Management During the course of our daily business activities we are exposed to salary and compensation data from both the employer and

(Dow Jones) Norwegian oil giant Statoil ASA (STO.OS) Tuesday said it was closing another four oil platforms due a strike by offshore workers that started

TRONDHEIM, Norway–Norway Tuesday pushed ahead with plans to award oil and gas drilling licenses mainly in the vital Arctic area, in a bid to open up new

MILAN– Saipem announced today that they have been awarded new offshore and onshore drilling contracts worth approximately $500 million. In the Adriatic

TOKYO (Dow Jones)–A vessel carrying Japanese nationals is believed to have been seized by Russian border control authorities near a disputed island, a

OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) has said it will lose about 115 million kroner ($19 million) a day due to a strike by offshore

Intermarine, a Houston-based international shipping company specializing in project and heavy lift cargo transportation, announced today that Alfred (Al) JV

Technip was awarded by EnQuest Britain Limited a contract for the development of the Alma and Galia fields, located 310 kilometers Southeast of Aberdeen,