Sete Brasil Orders 7th Brazilian-Built Drillship from Sembcorp Marine
Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete
Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete
The National Transportation Safety Board on Tuesday issued a recommendation to the U.S. Coast Guard that would subject Coast Guard personnel involved in
As China starts landing jets on its first aircraft carrier, the U.S. Navy is preparing to test take offs and landings of carrier-based unmanned aircraft, a
The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that it is still looking for partners to convert a Louisiana naval shipyard earmarked
(Bloomberg) — Shanghai Shipping Exchange introduced dry-bulk and oil-tanker indexes in a challenge to a 268-year-old London bourse that sets freight
(Dow Jones) Kirby Corp. (KEX) has agreed to buy tank barges and tugboats operator Penn Maritime Inc. and an affiliated company in a cash and stock deal of
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(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
Hamburg/Germany– Ships and offshore units are specialist structures with high requirements for efficiency and availability throughout their entire life
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The International Maritime Organization on Monday presented the coveted Exceptional Bravery at Sea award to Canadian and Chilean rescuers involved in two
German ferry operator Scandlines said Tuesday that the company has decided to cancel contracts for two newbuild ferries with insolvent German shipyard, P+S
[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
Norway’s Stolt-Nielsen (Oslo Børs: SNI) announced Tuesday that its subsidiary Stolt Tankers has ordered five 38,000 dwt parcel tankers from
By Andrew Erickson and Gabe Collins Two months after China’s first aircraft carrier Liaoning was commissioned, and a year and a half after it began sea
(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.
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An 80-foot yacht named “Bliss” sank Saturday morning after catching on fire a mile off the coast of Miami Beach, Florida. The USCG says that crews
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BEIJING–China has passed a landmark in the development of its first fully functional aircraft carrier with the first successful landing of a jet fighter
LONDON–U.K. defense company BAE Systems PLC (BA.LN) will likely close one of its shipyards, with a decision expected before Christmas, the Sunday
SHANGHAI–A Chinese shipbuilding magnate stepped down as chairman of two companies, weeks after an investment firm he controls paid US$14.2 million to
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