News

  Norwegian platform supply vessel owner World Wide Supply says that the weak spot market in the UK sector of the North Sea has forced it to lay-up two

Here’s a time-lapse showing the building of the Lego-version Stena IceMAX drillship at LSME (that’s Lego Shipyard and Marine Engineering). The

Two crew members from a dive support vessel were injured Wednesday after a natural gas pipeline they were working on caught fire in the Gulf of Mexico. The

By Bloomberg News (Bloomberg) — The Chinese company seeking to build a $50 billion canal across Nicaragua said the project has broad public support and

  By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to

  ROME (Reuters) – Rescuers saved about 3,000 migrants but found more than 50 dead on boats near the coast of Libya on Wednesday, the Italian coast

Stena Drilling has pleaded guilty in Australia to charges related to a fatal accident on board its Stena Clyde semi-submersible drilling rig in 2012 in which

  Svitzer has signed a newbuilding contract with Sanmar Shipyard in Turkey for the construction of six terminal tugs to fulfill new contracts in

RIO DE JANEIRO, Aug 26 (Reuters) – A heating unit at a Petrobras depot in Brazil used to treat fuel for ocean-going ships exploded on Wednesday, killing

On Tuesday night, yard number 302, an offshore construction vessel for Island Offshore and Edison Chouest Offshore, was launched from the dock hall at Ulstein

Here’s a look at the ABB Azipod’s used to propel the newest and largest ships in Royal Caribbean’s fleet and many other vessels – both

  JL Petroleum Pte Ltd has been fined after pleading guilty in court last week for supplying bunkers in the Port of Singapore without a valid license, the

  Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest container- shipping line, widened a cost-reduction target by $100 million

  By Joe Carroll (Bloomberg) — Transocean Ltd., the offshore oil-rig operator that lost two-thirds of its value in the past year, plans to cancel

  By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, said first-half profit slumped as higher output and lower

Here is TOTE 2, aka Hull 496, as it is readied for its launch this Saturday at the General Dynamics NASSCO shipyard in San Diego.  TOTE 2 is the

  Norwegian offshore services provider Solstad Offshore says continuing weak market conditions will force the company to lay-up an additional 10 vessels,

A new photo gives a close-up view of the crack that threatens the completion of the project to expand the Panama Canal.  As gCaptain reported over the

  GMS, the world’s largest cash buyer of ships for recycling, has come out in support of the Danish Ship Association (DSA) which refuses to ban the

By Sarah McFarlane and Oleg Vukmanovic LONDON/MILAN, Aug 25 (Reuters) – Gas giant Qatar is becoming commercially sharper, using traders and tenders to