News

Charlotte Mayor Anthony Foxx was sworn in Tuesday as the United States' 17th Secretary of

The Suez Canal waterway is completely secure and the rate of ships passing through is normal, the head of the Suez Canal Authority Mohab Memish said in a

Contrary to what everyone had assumed, including us, the MOL Comfort is not being towed stern first.  (facepalm) Images just sent to us this morning

France's powerful CGT union has called for a 24-hour strike on July 4 in all French ports, which is likely to disrupt grain, oil and gas traffic at the

Scorpio Tankers Inc. (NYSE: STNG) has announced a big investment into the liquefied petroleum gas (LPG) transportation sector. The product tanker owner has

Caterpillar Marine Power Systems has shipped the first MaK™ M 46 DF dual fuel marine engine to their German customer, AIDA cruises, for one of their

Saipem S.p.A. reported Tuesday that its jack up drilling rig, the Perro Negro 6, capsized and sank offshore Angola after the seabed beneath one of its three

By McQuilling Services, LLC, Situational awareness requires that people know their surroundings and the risks inherent therein. In a crowded theater, one

At four-hundred metres long, 59 metres wide and 73 metres high, the Triple-E series of containerships will be the world’s largest, and one of the most

UPDATE (10 JUL): MOL Comfort Fore Section has Sunk UPDATE 3 July: Mitsui O.S.K. Lines (MOL) has announced that the towing line has been reconnected to the

(Bloomberg) — Singapore deployed anti-pollution craft and patrol vessels to clean up an oil spill after two bulk carriers collided. About 100 metric tons

Excel Maritime Carriers Ltd., the Athens-based operator of 38 dry-bulk vessels, filed for bankruptcy protection in the U.S. after extending a voting deadline

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) today announced that the Company has agreed to acquire

Switzerland-based drilling contractor Noble Corporation (NYSE: NE) announced today plans to reincorporate from Zug, Switzerland to the United Kingdom.  The

(Bloomberg) — Qatar Gas Transport Co., the operator of liquefied natural gas vessels, said its joint venture with Angelicoussis Shipping Group Ltd.

Caterpillar Inc. (NYSE: CAT) has signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading

The charter of the Austal high speed vessel WestPac Express has been extended for a further six months by the United States Navy’s Military Sealift

Singapore-based rig-builder Sembcorp Marine announced today that they have signed newbuild orders for two jack-up rigs from Integradora de Servicios Petroleros

(Bloomberg) — The world’s biggest natural gas exporters will seek to defend linking prices to the cost of oil even after courts ruled they

South Korean shipyards Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy announced orders on Monday with a pair of LNG carriers and a