News

Worldwide piracy incidents have fallen to their lowest level in seven years, but don’t go raising any victory flags just

Following up on an announcement last August, China COSCO has been busy this year selling their ships for scrap as part of their company’s restructuring

Captain Serge Prakhov from the Terasea Eagle, a 2013-built, 203 ton bollard pull tugboat operating in the Java Sea, sends us the following image today: His

Scafi, the Italian shipping group has ordered their 15th Damen tug today as part of their continual fleet renewal program. Damen notes that although this is

By Tara Patel April 24 (Bloomberg) — Technip SA, Europe’s largest oilfield-services provider by market value, rose to the highest level in almost six

By Jeremy Wagstaff SINGAPORE, April 24 (Reuters) – The next hacker playground: the open seas – and the oil tankers and container vessels that ship

By Chris Cooper and Kiyotaka Matsuda April 24 (Bloomberg) — A Chinese court released a Japanese ship owned by Mitsui O.S.K. Lines Ltd. after the cargo

By Cynthia Kim, Seonjin Cha and Sam Kim April 24 (Bloomberg) — Divers retrieved more bodies from a South Korean ferry that sank last week, as

  The George Bush Library and ENSCO put together the following video going into detail the day-to-day operations on board the ENSCO DS-5, an

The U.S. is stockpiling the most crude since the Great Depression, thanks to the shale boom that has boosted production to the most in 26

By Will Dunham WASHINGTON, April 23 (Reuters) – Scientists are monitoring an iceberg roughly six times the size of Manhattan – one of the largest

At the end of 2013, the Hong Kong-flagged chemical tanker Maritime Maisie was t-boned by the car carrier Gravity Highway which was on sea trials from Hyundai

Marine Technology Development, the ship design and development arm of Keppel Offshore & Marine has won an order today to design a 5,000 dwt subsea

Reef Subsea, the 2010 joint venture between Norwegian private equity investment firm HitecVision and GC Rieber Shipping is set to be reorganized. In a deal

MOSCOW, April 23 (Reuters) – The Yamal LNG project in Russia’s Arctic has chosen Russian Sovcomflot, Japan’s Mitsui OSK and Canada’s

CMM (Compagnie Maritime Monégasque S.A.M.), the Monaco-based offshore supply vessel owner, accepted delivery last week of their first Damen-designed and

South Africa’s  Transnet National Ports Authority (TNPA) has awarded IHC Merwede the contract for the design, construction and delivery of a

General Dynamics’ American Overseas Marine (AMSEA) business unit won a major contract extension today from the U.S. Navy to continue to operate and

Nakilat, the Qatari LNG shipping firm, announced today the closing of $807.4 million in refinancing allowing the firm to add three new LNG carriers to Maran

The super ice-class (Arc6) double- hulled tanker Mikhail Ulyanov arrived last week at the Prirazlomnaye arctic production platform to take on a 70,000 ton