News

The U.S. Air Force proved this month that laser guided bombs can, in fact, hit moving targets at sea when dropped from supersonic bombers like the B-1B Lancer.

Keppel Shipyard announced today the signing of two Floating Production Storage and Offloading (FPSO) conversion contracts worth a combined value of S$190

By Gavin van Marle, Back in June, The Loadstar published a story which quoted a European forwarder who believed that the 1 July general rate increase

The recently delivered Harvey Deep-sea, a 302-foot subsea construction vessel designed by STX Marine, successfully completed commissioning this month and is

Sept. 18 (Bloomberg) — Vietnam Shipbuilding Industry Group, the state company whose near-bankruptcy contributed to credit downgrades and banking system

“Imagine you’re that activist. For a moment, in the middle of the chaos of protesting in the frigid Arctic ocean, you lock eyes with a Russian

The operation to upright the Costa Concordia in

Jones Act shipping company Matson (NYSE: MATX) says it will cover all costs associated with the Honolulu Harbor molasses spill response, sparing Hawaiian

Software titan Larry Ellison's decision to race the 34th America's Cup on high-speed 72-foot catamarans has been criticized for pushing the competition too far

MV Mary Maersk, the third installment of Maersk Line's massive Triple-E class, quietly commenced her maiden voyage this week from Busan, South Korea with about

The Costa Concordia liner was pulled upright off the island of Giglio on Tuesday, in one of the world's most complex and expensive salvage operations which the

Farstad announced the winning of three new contracts today worth a total of NOK 150 million for operations offshore Brazil. The contracts consist of: Shell

Sept. 17 (Bloomberg) — China is building the most property in at least a decade, expanding shipments of logs and adding to record commodity cargoes that

Officials in Italy have confirmed that the parbuckling of the Costa Concordia has been completed after a 19 hour operation to upright the

Perini Navi’s latest beauty, the 73 meter Azipod-powered Grace E was launched today from their Picchiotti shipyard in La Spezia.  She shares the same

The cost of hauling iron ore and coal along China’s coast rose to a 16-month high, adding to signs the nation’s demand is strengthening for the

he European Union's efforts to impose economic sanctions on Iran suffered a new setback on Monday when a top court ruled that measures against the Islamic

UPDATE: 14:30 EST – D.C. Metro Police Chief Cathy Lanier has confirmed 12 fatalities, the U.S. Navy reports. D.C. Police Chief Cathy Lanier addressed a

STX Finland has announced that its Board has unanimously approved a restructuring of the company which will see current operations at the Rauma Shipyard ramped

By Jonathan Saul LONDON, Sept 10 (Reuters) – Crude oil tanker earnings on the major Middle East route stayed under pressure on Tuesday with a surplus of