News

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, said first-quarter sales increased 21 percent, boosted by its A$15

(Bloomberg) — Demand to ship liquefied natural gas declined last quarter as export volumes shrank, according to RS Platou Markets AS, the

Work towards the design of an AT/B dredge at Signal International has been stopped at request of Great Lakes Dredge and Dock... and let's just say Signal is

The U.S. Coast Guard announced Tuesday the acceptance of nine ballast water treatment systems as Alternate Management Systems

(Bloomberg) — Japanese shipping lines, buffeted by a decline in freight rates, are set to get a more than $500 million boost to their earnings from a

It’s been a good couple days for Samsung Heavy Industries. After winning an order for two LNG carriers yesterday, they have just announced another big

Samsung Heavy Industries added another 462.3 billion won ($409.38 million) to their backlog today with the order of a pair of LNG carriers for a Joint

“How long can smaller, less well-known owners, especially ones with only one ship, continue to run their grand and less than grand old ladies?”

Since May 2010, Transocean’s Cajun Express has been drilling offshore Brazil for Petrobras at a healthy day-rate of $517k per day. UK-based energy firm

April 15 (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean company that is rescheduling debt with creditors, jumped the most in two years

Update: The Crane barge was successfully towed to Port of LA/LB on Tuesday. The tug Delta Captain sank while towing the barge Saturday, according OSPR in

Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards

Located about 425 km off Western Australia’s northern coast, the Browse Basin was expected to be one of Australia’s next major LNG production

“Stand by for some big news,” mentioned Bob Burke when I ran into him in Connecticut this spring. I met Bob a little over a year ago when we

We have all heard that tsunamis pass harmlessly beneath ships at sea, and that their true force doesn’t present itself until the seafloor rises to force

SMIT and Sudamericana Agencias Aereas y Maritimas (SAAM) are teaming up in a joint harbor towing operation that will involve two joint ventures and the

HONG KONG, April 11 (Reuters) – Hong Kong police charged two boat captains with manslaughter on Thursday in connection with a ferry collision last year

The Russian ship captain of a Maltese-flagged freighter has been sentenced in Oregon to pay a $1,000 fine for operating his ship with a BAC that was over four

A NTSB investigation into a fatal 2011 liftboat accident in the Gulf of Mexico has found that the owners/operators and charterers failed to assess and prepare

The stranded crew of an arrested bulk carrier off the coast of Chennai, India were forced to abandon ship Tuesday fearing that the vessel would sink, but only