News

Austal Shipbuilding had plenty of reason to drink green beer this weekend following the US Navy’s confirmation of two more orders for Austal USA-built

Halul Offshore Services Company, a wholly owned subsidiary of Milaha (previously known as Qatar Navigation), has secured an eight year US$ 60 million (QAR 220

BEIJING (Dow Jones)–French oil and gas major Total AS (TOT) plans to drill its first offshore East Africa exploration well early next year, hoping to

It was quite a day for shareholders of Frontline Tankers.  Their stock shot up nearly 29% on news of increased VLCC and Suezmax tanker day rates. In a note

Danish shipping company Torm A/S (TORM.KO) has entered into an agreement to cancel one medium range (MR) product tanker newbuilding, which was scheduled for

RIO DE JANEIRO (Dow Jones)–South Korea’s Samsung Heavy Industries Co. (010140.SE), the world’s second-largest shipbuilder by sales, sold its

SINGAPORE (Dow Jones)–Iran is shipping fuel oil to Singapore using a supertanker from its own fleet as Western sanctions make it difficult for buyers to

By U.S. Naval Forces Central Command Public Affairs ARABIAN GULF – Guided-missile destroyer USS John Paul Jones (DDG 53) and U.S. Coast Guard Cutter

Rolls-Royce Marine received an order today from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates for container shipments between Asia and Australia from April 15,

(Dow Jones) Norwegian shipping company Stolt-Nielsen Ltd. (SNI.OS) said Thursday that its Stolt Tankers B.V. unit, operator and owner of MT Stolt Valor,

http://www.youtube.com/watch?v=iezL5yzHpMI (Dow Jones) Chevron Corp. (CVX) said Tuesday its oil and gas production will inch up this year but it expects output

Wilson Sons Limited, a long time partner with Damen Shipyards, announced today that its joint venture partner Ultratug Offshore signed a contract with

Fans of bad TV from the 70’s and 80’s are shedding a tear today on news that one of the world’s most famous ships, the M/V Pacific, has been

TBS International PLC (TBSIQ) responded to shareholder objections of its Chapter 11 plan Monday, saying this restructuring is its only option to avoid

Technip and Aker Solutions have recently announced they both have been awarded front-end engineering design (FEED) contracts by Statoil ASA for the development

For the first time, a Damen Fast Crew Supplier 1605 will be built in Ecuador by Astilleros Navales Ecuatorianos (ASTINAVE) Shipyard. Damen is supplying the

Press Release – Wilhelmsen Ships Service (WSS) has reported year-on-year growth in South East Asia – despite what WSS Area Director Niall Denholm

Petrobras announces that on Tuesday (13/03) around 14:30, the drilling rig SS-39 (Alaskan Star), a semi-submersible drilling rig owned by Queiroz Galvao

A Reformed Pirate Tells his Story By Abdihakim Warsame, Somalia Report Youth are a largely curious and impressionable lot who are prone towards the more