News

Total E&P Norge AS has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion for delivery of a

Singapore Technologies Engineering Ltd (ST Engineering) announced today that its marine arm, ST Marine, has won two shipbuilding contracts worth about S$75m

Milaha, previously known as Qatar Navigation, today announced that its fully-owned subsidiary, Qatar Shipping Company, has signed an agreement to increase its

RIO DE JANEIRO (Dow Jones)–Fresh from winning one of the world’s single-largest orders for drilling rigs, investment company Sete Brasil plans to

SEOUL (Dow Jones)–South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) and China’s Rilin Group will jointly invest in

SINGAPORE (Dow Jones)–The Asian fuel oil market is likely to consolidate with a bullish stance next week; traders say the product’s spreads look

This week, 10 Damen Stan Tugs arrived in Gorinchem: 4 x STu 1606, 4 x STu 1205 and 2 x STtu 1004. The tugs were built at Damen Shipyards Changde,

Combined Task Force 150 (CTF), one of three Task Forces within Combined Maritime Forces (CMF) conducted a successful disruption of a vessel carrying illicit

The £1 billion Walney wind farm, which is a joint venture between DONG Energy (50.1%), SSE (25.1%) and OPW ( 24.8%), is being officially opened by Edward

Horizon Lines’ Chief Mate Steven Itson gives a replay of the rescue at sea: http://www.youtube.com/watch?v=CPNb_uRhG_c The crew of the 38-foot sailboat

Members of the G6 Alliance announced today that their groundbreaking cooperation in Asia-Europe container shipping will begin operation in the first week of

In heavy weather last week, the passenger vessel, MV Rabaul Queen, owned by Rabaul Shipping, capsized and sank off Papua-New Guinea.  246 people were rescued,

Weekly Summary of Global Maritime Crime and Piracy, week of 2-8 February 2012, (source: ONI) GHANA: Offshore tug boarded by four robbers on 9 February while

IMO Secretary-General Koji Sekimizu has pledged IMO’s support for the Philippines in all facets of the country’s maritime development.  In

Global Workboats will take delivery of the 7,200 bhp AHTS in-line with the Group’s strategy to build a strong chartering fleet to tap on pockets of

LONDON (Dow Jones)–Shares in BG Group PLC (BG.LN) rose sharply Thursday after the company revised higher its outlook for earnings from a key division and

Bermuda-based Knightsbridge Tankers Ltd (NASDAQ:VLCCF) reported yesterday a net income of USD 9.5 million (EUR 7.1m) for the fourth quarter of 2011, up from

Greatship Global Offshore Services Pte., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), has taken delivery of GREATSHIP VIMLA, a 150T

Mitsubishi Heavy Industries, Ltd. (MHI) today announced a new system that improves the stability of damaged ships, reducing the risk of capsizing.  The newly

Teekay Corporation (NYSE:TK) and König & Cie are pleased to announce that Diamond S Shipping Group has joined the Gemini Tankers Suezmax Pool as a full