News

(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut

(Bloomberg) — BP Plc, which pleaded guilty to criminal charges after the worst U.S. oil spill in 2010, will be temporarily suspended from winning new

Wärtsilä announced today they have been contracted to supply an integrated engineering solution to an LNG-powered Platform Supply Vessel (PSV) newbuild

Scotland-based Maritime Craft Services (Clyde) Ltd announced today they have placed a £8.9 million order with Damen Shipyards for three more Damen Twin Axe

[vimeo]http://vimeo.com/32515225[/vimeo] – By Tom Stitt Is it time for Marc Levinson to publish a sequel to The Box, his classic story of how the

(Bloomberg) — Sekavin SA, a Greek fuel supplier, said it’s investigating the origin of a cargo aboard an Iranian tanker off the Mediterranean

(Bloomberg) — Cyprus’s ship-management companies contributed more to the island’s gross domestic product in the first half of 2012 than they

By Sanjeev Rana, Deutsche Bank  Global Shipbuilding Downturn Continues Global shipbuilding industry has been going through a downturn for the last four

Hyundai Heavy Industries (HHI) announced today that it has developed an independent liquefied natural gas storage tank model named the Lobe-Bundle Tank. This

HONG KONG–Shipping giant China Cosco Holdings Ltd. (1919.HK) said in a statement Tuesday that it plans to issue US$1 billion worth of 10-year U.S.

Over 150 representatives of the global maritime industry attended the Royal Institution of Naval Architect’s annual Presidents Invitation Lecture in

OSLO–Norwegian oil services company Seadrill Ltd. (SDRL.OS) said Monday its management unit Seadrill Management AS will move to London from Stavanger,

(Bloomberg) U.S. President Barack Obama has a rising opportunity to make good on two of his central campaign promises: harnessing domestic energy and

The “Ob River” is an ice classed LNG carrier with four membrane-type tanks, with holding capacity of 147.5 thousand cubic meters or 66.4 thousand

Rolls-Royce and Italian ferry operator, Lauro Shipping, have teamed up to design an innovative new gas-powered class of ferry based on the award-winning

*UPDATE Boskalis has acquired in excess of 8.5 million shares in Dockwise in the course of trading today. This shareholding represents slightly less than 22%

The Atlantic Council recently launched their Counter-Piracy Task Force report, an action oriented effort to analyze and make recommendations on the complex

TOKYO (Nikkei)–Mitsubishi Heavy Industries Ltd. (7011.TO) will unveil by 2015 a natural-gas-powered vessel engine that emits 30% less carbon dioxide than

Founded in 1870 in Hoboken, New Jersey, the Stevens Institute of Technology has earned a worldwide reputation for academic excellence in the field of naval

0618 GMT 22 November [Dow Jones] STOCK CALL: Keppel’s (BN4.SG) stock faces “a tug of war between good contract wins and margin concerns,” UOB