News

A multi-national labor union group announced a special task force this month aimed at cutting the number of U.S. and European citizens working aboard offshore

Oct. 22 (Bloomberg) — Scorpio Tankers Inc. is leading the biggest construction boom for vessels hauling diesel and oil products since the recession five

Five Japanese shipbuilders – Mitsubishi Heavy Industries, Ltd. (MHI), Imabari Shipbuilding Co., Ltd., Namura Shipbuilding Co., Ltd., Oshima Shipbuilding

Oct. 22 (Bloomberg) — OAO Rosneft outlined a deal to supply China Petrochemical Corp., or Sinopec, 100 million metric tons of crude during 10 years as

By Jeb Blount and Sabrina Lorenzi RIO DE JANEIRO, Oct 21 (Reuters) – Brazilian state-run energy company Petrobras teamed up with European oil majors and

By Jonathan Saul LONDON, Oct 21 (Reuters) – Crude oil tanker earnings on the major Middle East route stayed firm on Monday helped by positive sentiment

Samsung Heavy Industries in South Korea is building the world’s largest vessel, Shell’s Prelude FLNG facility, a 488 meter, 600,000 dwt vessel that

By Gavin van Marle, Apparently wary of igniting the wrath of skeptical shippers or prodding the regulatory bodies, the prospective partners in the P3 alliance

In a stock exchange filing today, Hyundai Merchant Marine announced they have exercised an option to build a pair of 82,000 dwt bulk carriers for a total

Subsea 7 S.A. (Oslo Børs: SUBC) announced the award of a pair of contracts from Petrobras today worth over $600 million. The contracts are for operation of

Oct. 21 (Bloomberg) — Russia’s Energy Ministry may from December be able to grant licenses to export liquefied natural gas, moving closer to

Combined Task Force (CTF) 151, a multi-national naval partnership engaged with countering the threat of piracy in the Indian Ocean successfully apprehended a

Nakilat Damen Shipyards Qatar (NDSQ) has secured newbuild and operations contracts today for seven new vessels consisting of two 60-ton bollard pull (BP)

Update: The Seaman Guard Ohio’s Chief Engineer, not the ship’s captain, attempted suicide. Earlier report (with further updates) Indian media is

By Marie-Louise Gumuchian LONDON, Oct 19 (Reuters) – A violin that was being played as the Titanic went down was sold for 900,000 pounds ($1.46 million)

By Anupama Chandrasekaran CHENNAI, India, Oct 19 (Reuters) – India has charged 33 men aboard an armed ship operated by a U.S. maritime security firm for

By Reese Ewing and Fabiola Gomes SAO PAULO, Oct 18 (Reuters) – A fire ravaged Copersucar’s sugar terminal in Brazil on Friday, paralyzing

Due to the US government shutdown over the past few weeks, the christening of the US Navy and General Dynamics-Bath Iron Works’ latest creation, DDG 1000

COSCO Corporation’s shipbuilding subsidiaries, COSCO (Nantong) Shipyard and COSCO (Dalian) have won shipbuilding orders today worth over USD $400

Bourbon, the Paris-based OSV operator announced today the sale of three of their vessels today in a strategic move to maintain a fleet of modern offshore