News

Bridgepoint and CMA CGM Group, with its parent company Merit, announced today that they have signed a formal agreement whereby Bridgepoint will acquire French

Sanko Steamship has had one of the most tumultuous histories of any shipping company in the world. Established in 1934, Sanko Line has its origin in the Sanko

After failing to meet delivery dates for a pair of 5,500 DWT chemical tankers, a Chinese shipyard has a bit of a mess on its hands as Singaporean tanker

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced

STOCKHOLM–Oil and gas giant Statoil ASA (STO, STL.OS) and other companies represented by Norway’s Oil Industry Association have threatened to

Hyundai Heavy Industries announced today that it will supply 18 gas emission reduction systems for three drillships ordered by Rowan in June 2011. The

Dockwise announced today that their full acquisition of Fairstar is nearly complete after they completed the purchase of another 10 percent of Fairstar shares

International seabed-to-surface contractor, Subsea 7 S.A. (Oslo Børs: SUBC), announced today that their Chief Financial Officer (CFO), Simon Crowe, has

Norwegian shipping and seafood company Stolt-Nielsen Ltd. (Oslo Børs: SNI), reported financial results today for their second quarter and first six months

While transiting from Singapore to Christmas Island, HMAS Wollongong was tasked to respond to a vessel in distress which was eventually located approximately

Shipping company Universal Maritime Inc. said Wednesday it has withdrawn its initial public offering. MAIN FACTS: The company last month announced plans to

Talisman Energy (UK) Limited announced today that they have extended an existing one-year contract with Viking Supply Ships for six months for the use of the

COPENHAGEN (Dow Jones) –Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil and gas drilling services arm Maersk

A big congrats to Groupama Sailing Team, the overall winner of the 2011/12 Volvo Ocean Race, and their French skipper, Franck Cammas.  After crossing nearly

The hull assembly of arctic offshore vessel NB 507 was started at the Keel Laying Ceremony at Helsinki Shipyard 3 July 2012. The ship is the sister vessel of

[vimeo]http://vimeo.com/45095252[/vimeo] Maersk Line shared this story with us this afternoon of Tanawoot Pratoom, a painter on board the container ship Maersk

(Dow Jones) Oil prices were solidly higher Tuesday morning on revived tensions over the Iranian nuclear program and renewed speculation about more Central Bank

Deltamarin has entered into a contract with CSSC / Guangzhou Wenchong Shipyard Co. Ltd. (China) for the design of B.Delta25 bulk carriers. This is the first

STOCKHOLM–Offshore workers in Norway, western Europe’s largest oil producer and exporter, Tuesday decided not to step up a strike that has already

India’s Great Eastern Shipping Company Limited has signed a contract today to buy a Very Large Gas Carrier (VLGC) of about 49,700 dwt (75,000 cbm). The