News

The killing of two Indian fishermen by an Italian cargo vessel is now slowly snowballing into a diplomatic row between the two nations. The External Affairs

Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low

Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$213 million contract to build a Pacific Class 400 jack-up drilling rig. The Pacific Class 400

Only 300-400 Right whales are left on this planet. Don’t be that guy who accidently kills one due to carelessness, keep your speed under 10 knots when

Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated

Hoegh LNG and Perushaan Gas Negara (PGN) signed a final agreement on 25 January 2012 to provide PGN with an FSRU and mooring system offshore Belawan, near the

According to a statement by the Indian Coast Guard, two fishermen are now dead due to a tragic case of mistaken identity off the coast of India. While sailing

By Sean Bond, ABS Director of Environmental Solutions The potential of LNG to be a ‘fuel of the future’ for the shipping industry is a subject we

Oslo, February 15, 2012. Wilhelmsen Technical Solutions has received a landmark order to supply inert gas generator systems for five LNG carriers under

The Great Eastern Shipping Company Ltd. took delivery of its 318,000 DWT Very Large Crude Carrier (VLCC) Ardeshir H Bhiwandiwalla from Hyundai Heavy

The Club’s Egyptian correspondent has advised us of changes to the domestic law in Egypt concerning regulations governing the carriage weapons and armed

Technip was awarded a pipeline installation contract by Woodside Energy Limited for the Greater Western Flank Phase 1 Project located 130 kilometers North West

Last month, CNOOC Limited announced a summary of the company’s business strategy and development plan for the year 2012. The total targeted net

Expected trade growth in India will however, require $20 billion in new investments Mumbai, India– With a population of 1.2 billion and the world’s

The 87,000 DWT NYK-operated bulk carrier, Shirakumo, arrived at the port of Soma’s wharf No. 5 in Fukushima prefecture on February 9. Shirakumo is the

South Korea’s Hyundai Heavy Industries (HHI) and China’s STX Offshore and Shipbuilding had a heck of a day yesterday with 13 new shipbuilding

The Port of Hamburg regains market shares and foresees a positive annual balance on total seaborne cargo throughput… In 2011, Germany’s largest

WASHINGTON – The U.S. Coast Guard and the North American Marine Environment Protection Association announced an agreement to co-develop and implement

According to a report from the International Maritime Bureau this morning, a bulk carrier was fired upon by pirates in the Gulf of Guinea this morning,

Saipem, the offshore energy contracting arm of Italian integrated energy company ENI, reported record profits in 2011.  Their adjusted net profit for 2011