News

KIEL, Germany, April 8 (Reuters) – The city of Hamburg wants shippers Hapag-Lloyd and Hamburg Süd to resume merger talks so that they stand a better

By Jeb Blount RIO DE JANEIRO, April 8 (Reuters) – Brazil’s oil regulator, the ANP, said on Monday that it authorized Chevron Corp to restart output

(Bloomberg) — Global seaborne trade will more than double by 2030 as China’s expanding economy drives demand for commodities from crude oil to iron

Malaysia’s largest offshore supply vessel (OSV) operator, Bumi Armada, has just awarded Wärtsilä the contract to design the series of four new

    Two of Technip’s deepwater construction vessels, the G1200 (Technip BV), a rigid pipe S-lay and heavy-lift construction vessel, and the

Germany’s Lürssen Yachts on Friday launched what is now the largest superyacht in the the world. Named Azzam, the superyacht measures an astonishing

American inventor Thomas Edison would be quite pleased at the recent news from Zurich-based ABB. An early champion of direct-current (DC) electricity, Edison

By Lars Petter Blikom, Segment Director for Natural Gas at DNV Over the past week, here at DNV, we have done another market analysis to assess how fast LNG

April 5 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, fell on Friday for a

FRANKFURT, April 5 (Reuters) – Private equity groups 3i and Allianz Capital Partners have attracted three tentative bids for their jointly-owned ferry

Maersk announced today that the Danish Underground Consortium (DUC) has approved an $800 million expansion of the Tyra Southeast development in the Danish

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to

The salvage operation to remove the Costa Concordia cruise ship from the shores of Giglio hit a milestone today when crews positioned the largest of five

Note: Since 1965, the Sea-Air-Space Exposition has brought together the U.S. sea services, private-sector companies and key military decision makers for an

The U.S. National Weather Service (NWS) on Thursday announced some key changes to its Hurricane warning system, particularly in the way it handles

New York-based tanker company Overseas Shipholding Group announced last night that it has, in effect, fired its Chief Financial Officer and Treasurer, Mr.

For the many thousands of people who have followed the story of the ex-USS Guardian which ran up in a Philippine Reef this past January, the fate of the

SEOUL, April 4 (Reuters) – Samsung Heavy Industries said on Thursday it won a 1 trillion won ($895 million) order to build four liquefied natural gas

Here’s new video of the Carnival Triumph after breaking free from its mooring at the BAE Systems shipyard in Mobile, Alabama during an afternoon storm

RIO DE JANEIRO, April 3 (Reuters) – Workers ended a two-day strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu on Wednesday, after