News

Aug. 14 (Bloomberg) — Qatar Gas Transport Co., an operator of vessels to transport liquefied natural gas, jumped the most in more than two months as

Ridgebury Tankers acknowledged today their acquisition of a 158,000 dwt Suezmax, currently under construction at Samsung Heavy Industries. According to

Scanjet is has secured substantial orders for its Tank Management and Tank Cleaning products. Scanjet has received orders from Hudong Shipyard in China to

Japanese classification society ClassNK released the following statement today regarding the forensic investigation into what may have caused the initial

BEIJING, Aug 14 (Reuters) – China National Offshore Oil Corp (CNOOC) said it had won final government approval to build China’s first floating

ABUJA, Aug 14 (Reuters) – Gunmen have released a fuel tanker which was hijacked off the coast of Nigeria, security sources and the vessel’s manager

India's navy chief held out little hope for survivors on a submarine after some of its weapons detonated accidentally and fire swept through it. The likely

The California Air Resources Board (ARB) announced they have levied fines against three maritime shipping firms for failing to switch from heavy fuel oil to

Maersk Drilling created this video last year as a recruitment and marketing tool. Normally we’re not super interested in posting promo videos, but I have

NEW DELHI, Aug 13 (Reuters) – Indian Oil Corp will start work on its first liquefied natural gas (LNG) plant at Ennore in the east coast by the end

Interview with Vale’s Executive Director for Ferrous and Strategy, José Carlos

The world’s first Modular Capture Vessel (MCV) was delivered today from Drydocks World to Singapore-based AET. Named Eagle Texas, the vessel was

Diana Containerships Inc. (Nasdaq:DCIX) has signed two Memoranda of Agreement to purchase from an unaffiliated third party two Post-Panamax container vessels,

Ulstein announced today that the Nantong Rainbow Offshore & Engineering Equipments Co., Ltd. (aka ROC yard) located in Jiangsu Province, China, has been

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today they have acquired the 2003-built VLCC Nave Celeste for purchase price of $35.4 million.

Amateur photographer Penny Foyn from South Africa sent us this image yesterday of the grounded bulk carrier Kiani Satu taken with her Olympus OM-D E-M5.

Aug. 13 (Bloomberg) — The biggest advance since 2010 in the price of secondhand commodity carriers is boosting ship owners from Golden Ocean Group Ltd.

Aug. 13 (Bloomberg) — The seaborne iron ore market is poised for at least four years of expanding gluts as producers from Rio Tinto Group to Vale SA

India's first indigenous aircraft carrier, INS Vikrant, built for the Indian Navy, was launched Monday at the Cochin Shipyard in the southern Indian city of

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell 5 points on Monday to its lowest since June