News

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

Oct. 18 (Bloomberg) — Singapore LNG Corp., the operator of the Southeast Asian country’s first liquefied natural gas receiving and exporting

By Lomi L. Kriel PANAMA CITY, Oct 17 (Reuters) – The North Korean crew and ship detained in Panama for smuggling Cuban weapons three months ago will soon

Since March of 2013, the Greenstream, the world’s first 100% LNG powered barge has been delivering liquid fuels along the Rhine river in The Netherlands.

From the perspective of tanker owners, particularly of larger tonnage, it is clear that 2013 will not be remembered fondly. Rates have languished at levels

The researchers at Trend Micro have exposed some significant vulnerabilities to the security of the Automatic Identification System (AIS), a ship

By Jonathan Saul LONDON, Oct 17 (Reuters) – Pirate attacks off Nigeria’s coast have jumped by a third this year with ships passing through West

Oct. 17 (Bloomberg) — The cost of shipping Russian oil to northwest Europe had the biggest two-day jump since April as traders accelerated bookings of

For CMB, the Belgian dry bulk shipowner, “The outlook for 2014 and 2015 looks promising,” they note to their 3rd quarter earnings report today.