News

Sept. 2 (Bloomberg) — Egyptian authorities moved to bolster security along the Suez Canal after a foiled attack on a ship traversing the waterway that

By Harry Papachristou ATHENS, Sept 2 (Reuters) – China’s largest bulk shipper COSCO Holdings Co Ltd has agreed a multi-million euros expansion of

In an exchange filing today, Samsung Heavy Industries announced the winning of contracts to build a new drillship and two LNG carriers for a total

Sept. 2 (Bloomberg) –Wärtsilä a Finnish maker of ship engines, rose the most in eight weeks in Helsinki trading after winning a repeat-order for the

It’s been three days since a fire broke out on board the containership Maersk Kampala just south of the Suez Canal and the crew on board has yet to

Egypt has arrested three people who opened fire with machine guns on a ship passing through the Suez Canal, an army source said on Sunday, playing down what

A "terrorist" staged an unsuccessful attack on a container ship passing through the Suez Canal on Saturday, in an attempt to disrupt the flow of ships through

BOWDOINHAM, Maine, Aug 30 (Reuters) – It’s not quite winning the lottery, but the odds are about as remote: A lobsterman off the coast of Maine

Aug 30 (Reuters) – The Baltic Exchange’s main sea freight index, which gauges the cost of shipping commodities such as iron ore, cement, grain,

EXMAR announced today the signing of a Letter of Intent (LOI) to provide a Floating Liquefaction & Storage Unit (FLSU) to serve the BC LNG Project in

United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an

HONG KONG, Aug 30 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , is confident of turning a profit for the full year of

Currently taking shape at Foss Maritime’s shipyard in Seattle are the Port of Long Beach’s new Robert Allan-designed fireboats. Once delivered in

A British helicopter safety group on Thursday ended a six-day suspension on all flights by Super Puma helicopters in the North Sea, imposed after four oil rig

Imtech Marine has upgraded and extended the coverage of its Global VSAT Network. In addition to its wide network, Imtech Marine can now offer VSAT coverage in

Alain Thébault, founder of the l’Hydroptère project which currently owns the world speed sailing record after recording an average speed of 50.17

By Steven Scheer JERUSALEM, Aug 29 (Reuters) – Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to

Update: 30 August Maersk Lines’s containership, Maersk Kampala is still on fire this morning according to a statement on Maersk Line’s website. The

Daewoo Shipbuilding and Marine Engineering (DSME) announced today they have won an order for three containerships rumored to be 18,000

ABS Nautical Systems has welcomed three more leading European shipowners to the user community for its NS5 Enterprise software suite. Two Athens-based owners,