Lamprell Shares Soar on Latest Super 116E-Class Jack-Up Order
United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an
United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an
HONG KONG, Aug 30 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , is confident of turning a profit for the full year of
Currently taking shape at Foss Maritime’s shipyard in Seattle are the Port of Long Beach’s new Robert Allan-designed fireboats. Once delivered in
A British helicopter safety group on Thursday ended a six-day suspension on all flights by Super Puma helicopters in the North Sea, imposed after four oil rig
United Arab Shipping Company (UASC) on Thursday confirmed a 10-vessel order with South Korea's Hyundai Heavy Industries, which includes five 18,000 TEU
Alain Thébault, founder of the l’Hydroptère project which currently owns the world speed sailing record after recording an average speed of 50.17
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By Steven Scheer JERUSALEM, Aug 29 (Reuters) – Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to
Update: 30 August Maersk Lines’s containership, Maersk Kampala is still on fire this morning according to a statement on Maersk Line’s website. The
Daewoo Shipbuilding and Marine Engineering (DSME) announced today they have won an order for three containerships rumored to be 18,000
ABS Nautical Systems has welcomed three more leading European shipowners to the user community for its NS5 Enterprise software suite. Two Athens-based owners,
Austal Shipbuilding announced today that their second Independence-variant Littoral Combat Ship, the Coronado (LCS 4) successfully completed Acceptance Trials
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DOF Subsea has announced today the award of a NOK 150 million subsea installation contract offshore New Zealand from Austrian energy firm OMV. Located 50
LOCKPORT, La., Bollinger Shipyards’ Chairman and CEO Donald “Boysie” Bollinger announced the appointments of Chris Bollinger as President and
HONG KONG, Aug 29 (Reuters) – China’s largest bulk shipper, COSCO Holdings Co Ltd , posted on Thursday a first-half net loss of 990 million yuan
While the sizzling summer months are coming to a close and cooler weather is beginning to set in in the North East United States, political tension in the
This past Saturday a Filipino sailor on board the J.J. Ugland-owned bulk carrier MV Favorita was killed while cleaning one of the vessels cargo holds.
Brazilian tycoon Eike Batista quit as chairman of Brazilian port operator LLX LogÃstica SA on Wednesday, after agreeing to sell control of the company to
Durban-based salvage company Subtech released the following photos of the salvage operation they are currently conducting off Richards Bay, South Africa
Jim Rogers is seriously concerned about the impact of continual and expansive monetary policy coordinated by central banks around the globe. We have even seen
By Wendell Roelf CAPE TOWN, Aug 28 (Reuters) – Africa’s biggest coal export port is be expanded in a $192 million investment designed to help
DUBAI/SEOUL, Aug 28 (Reuters) – South Korea’s Hyundai Heavy Industries is close to winning an order worth about $1.4 billion to build 10 huge
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Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more
While Lebanon’s growth has suffered during the 2 1/2 year conflict next door in Syria, Port of Beirut traffic has risen as traders avoid risky overland
Shipping company d'Amico Societa' di Navigazione has placed orders for dry cargo ships totaling $290 million, a senior official said, as it sees ship building
In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese
Salvors with the Titan-Micoperi consortium on Tuesday announced the completion of another important step towards the parbuckling -or uprighting- of the Costa
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