News

June 3 (Bloomberg) — Since Indonesia banned ore exports, the global nickel industry has been rocked by surging prices, Chinese workers like Zhang Qi

By Nayla Razzouk and Khalid Al-Ansary June 3 (Bloomberg) — An oil tanker shipping crude from Iraq’s semi-autonomous Kurdish region turned back after

Five fishermen were rescued Sunday from the icy waters of Notre Dame Bay off the northeastern coast of Newfoundland after abandoning their fishing vessel, the

Nordic American Offshore has announced plans to raise more than $100 million through its IPO that will help fund the purchase of at least two new platform

The U.S. Army Corps of Engineers awarded Great Lakes Dredge & Dock Co. a $25,376,872 firm fixed-price contract to dredge the main channel of the Delaware

The body of the missing captain of a Japanese oil tanker that exploded off the countries southwest coast has been found, the coastguard has

KUALA LUMPUR, June 2 (Reuters) – A Thai oil tanker reported missing two days ago has been recovered with all of its crew members safe but pirates who

Gas Natural Fenosa LNG SL signed a deal today with Cheniere Energy’s subsidiary, Corpus Christi Liquefaction to purchase approximately 1.5 million tons

On 26 May, Talleres Navales del Golfo (TNG) shipyard laid the keel of a 31.5 meter, 50 ton bollard pull azimuth stern drive tugboat. This event marked the

By Melanie Burton SYDNEY, June 2 (Reuters) – China’s northeastern port of Qingdao has halted shipments of aluminium and copper due to an

Seadrill’s West Jupiter, the second of eight 6th generation drilling rigs being built for Seadrill over the next two years has just signed a $1.1

Singapore-based shipbuilder Sembcorp Marine announced today a $4 million investment to acquire a 12 percent stake in GraviFloat AS, a Bergen-based firm that

By Raheem Salman BAGHDAD, June 1 (Reuters) – Oil exports from Iraq rose by 8 percent in May and a new floating terminal was inaugurated that will expand

Swiber, the Singapore-based offshore contractor announced today the winning of a USD $80 million Engineering, Procurement, Installation and Construction (EPIC)

Admiral Paul F. Zukunft has assumed command as the 25th commandant of the United States Coast Guard, relieving Admiral Bob Papp during a military change of

The Maritime and Port Authority of Singapore (MPA) has concluded its investigations into a three separate collisions involving commercial vessels in and around

Growing to lengths in the 80 to 90-foot range and weighing up to 70+ tons, it’s easy to understand why Fin whales don't often shoot out of the water in a

Phoebe Sedgman and Jasmine Ng May 30 (Bloomberg) — Tugboat officers at Australia’s Port Hedland joined deckhands in approving work stoppages, risking

Thai dry bulk shipping firm Precious Shipping (PSL) announced today the executing of a USD 81.50 million Term Loan Facility with Export-Import Bank of

Update: The plan calls for the Costa Concordia to be towed to Genoa where the ship will be dismantled, according to reports. The tow is expected to commence