News

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) today announced the agreement to acquire two 5,800 teu

A 7-year charter agreement between expanding subsea contractor DeepOcean and Maersk Supply Service has triggered a newbuild order for a Damen Offshore Carrier

March 11 (Bloomberg) — The Indonesian Navy seized 2,822 metric tons of tin from a vessel last week on suspicion the shipment failed to meet government

Six crewmembers suffered severe burns Friday following an explosion onboard a Philippines cargo ship as it was moored at Bredco Port in Bacolod City,

Teams searching for the wide-body jetliner that vanished off Vietnam almost certainly will locate it and figure out what brought it down, according to aviation

The disappearance of a Malaysian airliner about an hour into a flight to Beijing is an "unprecedented mystery", the civil aviation chief said on Monday, as a

Libyan navy and allied militia forces have surrounded a North Korea-flagged tanker just outside an eastern port held by rebels, a navy spokesman said on

MV Sea Breeze, a 87-meter ship carrying 2,750 tons of limestone sent out a mayday call on Sunday as water began flooding into the vessel while 12 miles east

By Mike Wackett Hong Kong-based OOIL saw its net profit slashed by 84% in 2013, compared with the previous year, to $47m as the influx of ultra-large

Iron ore extended its slide into a bear market, plunging the most since August 2009, amid concerns about a possible slowdown in

Eagle Louisiana, the second of two Modular Capture Vessels (MCVs) built for Singapore-based AET by Drydocks World has been delivered.  The first MCV, Eagle

The semisubermisible crane & accommodation rig OOS GRETHA arrived in Brazil on Sunday, 9 March 2014 after an 11,802 nautical mile journey from Yantai,

United Arab Shipping Company (UASC) announced over the weekend the exercising of their final option for a sixth 18,000 TEU containership from Hyundai Heavy

As Dryad Maritime Intelligence warned of an increased danger of attacks and kidnappings in the Gulf of Guinea on Friday, another supply boat had just been

Libya's defence ministry has issued orders to its military authorizing the use of force to stop a North Korea-flagged tanker loading crude oil sold by armed

Officials investigating the disappearance of a Malaysia Airlines jetliner with 239 people on board suspect it may have disintegrated in mid-flight, a senior

The Hellenic Coast Guard called in some help from the U.S. Navy on Saturday to assist in the rescue of crewmembers from a grounded containership at Mykonos

Libya threatened on Saturday to bomb a North Korean-flagged tanker if it tries to export oil from a rebel-controlled port east of Tripoli, in a major

A Malaysia Airlines flight carrying 227 passengers and 12 crew went missing off the Vietnamese coast on Saturday and was presumed to have

The USS Taylor on Friday departed the Turkish port of Samsun for the first time since the February 12 grounding that left the ship with a damaged