News

Ulstein Verft delivered Blue Power today, the third of six medium-sized Ulstein PX121 platform supply vessels (PSV) to Blue Ship Invest, a wholly-owned

COPENHAGEN, March 6 (Reuters) – Danish shipping company Norden on Wednesday reported a slim fourth quarter operating profit but said it expected markets

By James Regan and Benjamin Mallet PARIS, March 6 (Reuters) – France’s Bourbon SA, which supplies ships for the oil and gas industry, sees

(Bloomberg) — Indonesia, the world’s third-largest exporter of liquefied natural gas, will start importing the fuel by 2018 to meet increasing

The non-profit ocean research group OCEARCH is at it again, doing good things for mother nature. On 3 March, their team captured, tagged, studied, and released

Seadrill announced today they have ordered two high specification jack-up drilling rigs to be built at China’s Dalian Shipbuilding Industry Company

(Bloomberg) — Record production of so-called ultra-light oil from U.S. shale deposits will spur demand for tankers hauling refined fuels because of

(Bloomberg) — ConocoPhillips may cease shipments of liquefied natural gas from the U.S.’s only export terminal in Alaska because of insufficient

Ferus Smit shipyard in Westerbroek, The Netherlands launched the M/V Volgaborg today, the third of three multipurpose cargo ships built for Wagenborg Shipping.

Over the last few years, the exhaust gas cleaning system (EGCS) / scrubber market within the maritime industry has accelerated and with it so has scrubber

On 25 January 2013, the Media Luna, a newly-built AVT 3000 Class Voith Schneider tug sailed into Puerto de Bolivar, Colombia after voyaging under her own

By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal

By Jonathan Saul LONDON, March 4 (Reuters) – Archer Daniels Midland Co unwittingly used a vessel controlled by a sanctioned Iranian shipping firm last

(Bloomberg) — Transocean Ltd., the owner of the Deepwater Horizon rig that exploded while drilling in the U.S. Gulf of Mexico in 2010, reinstated

(Bloomberg) — Global shipbuilding capacity is about a third lower than it was at the 2008 peak as yards close or reduce employment, RS Platou Economic

UAE-based rigbuilder Lamprell (ticker: LAM), announced today that James Moffat has now taken up his role as Chief Executive Officer (CEO) for the Group. Peter

(Bloomberg) — Iran has a $3 billion credit with Turkey over natural gas it sold to its neighbor and may use it to import commercial and leisure ships,

(Bloomberg) — A lack of cargoes is limiting the market to ship liquefied natural gas as production needs to resume in Nigeria and start in Angola for

Here is a sneak peak at the U.S. Navy’s new Mobile Landing Platform (MLP), USNS Montford Point. The MLP is a new class of auxiliary support ship,

New chartering contracts for LNG are key to improving fuel efficiency in the sector, according to an official from French energy company Total. “The