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No decision has been made on which of the two companies building different versions -- Lockheed Martin Corp. and Austal Ltd. -- will see one of its ships
Persistent cold temperatures in the Midwest this winter have resulted in historic ice coverage on the Great Lakes with many almost completely frozen over,
Carnival Corporation Chairman and billionaire businessman, Micky Arison, is set to rake in almost $400 million in cash from the sale of a 1% of stake in the
Johannes Neteland, the former head of marine and offshore industry supplier TTS Group, has been appointed CEO of NorYards AS effective 1 March 2014. For
The U.S. Navy is mapping out how to expand its presence in the Arctic beginning about 2020, given signs that the region's once permanent ice cover is melting
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Feb. 28 (Bloomberg) — The Panama Canal Authority agreed with a group of builders led by Sacyr SA on a deal to end a two- month dispute over expansion
Noble Corporation (NYSE: NE) confirmed today that their semi-submersible drilling rig, the Noble Paul Wolff, experienced a ballast control incident at
Marine and offshore services firm DEME reports 2013 was a record year for their company while capitalizing on projects around the globe. With 2013 revenues of
Chilean shipping firm Compania Sudamericana de Vapores has agreed to plead guilty to a price-fixing conspiracy and pay an $8.9 million criminal fine to the
Crowley tugs have Anadarko’s 12,000 ton oil and gas processing facility under tow today as they head east toward the center of the Gulf of Mexico and the
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Here's an interview from The Seamen's Church Institute with the captain of the MV Albedo which was hijacked by Somali pirates in November 2010.
The U.S. Coast Guard is investigating a 590-foot bulk carrier that ran aground Wednesday night in the Elizabeth River near Hospital Point in Portsmouth,
Francesco Schettino, former captain of the Costa Concordia cruise liner, returned to the ship on Thursday for the first time since it sank just over two years
For the world’s largest crude oil tanker company, 2013 was another year of losses. Frontline Tankers reported today their third yearly net loss in a
The captain of the Costa Concordia, Francesco Schettino, went back on board on Thursday for the first time since the huge cruise liner sank with the loss of 32
Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as
Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating
Transocean, the Switzerland-based offshore drilling contractor which has seen its share price dragging along the bottom of its 52-week low recently, has just
Construction is officially underway on the world's first liquefied natural gas (LNG)-powered containership at the General Dynamics NASSCO shipyard in San
A 739-foot cargo ship ran aground Tuesday in the Columbia River while attempting an unauthorized maneuver to adjust their position in the river, the U.S. Coast
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New Jersey Senators Robert Menendez (D-NJ) and Cory Booker (D-NJ) have released a joint-statement today in defense of the Jones Act after it was wrongfully
An Egyptian court handed down death sentences to all but one of the 26 perpetrators involved in an alleged scheme to form a terrorist group and to attack the
Last October, Subsea 7’s new pipelay vessel Seven Waves, arrived at Huisman Schiedam to receive its 550 metric ton flex-lay system and 400 metric ton
U.S. Coast Guard Commandant Admiral Bob Papp on Wednesday delivered his final State of the Coast Guard address at Coast Guard Headquarters at St. Elizabeths
Oil service companies will have to assume more risk in the coming years as investor pressure and a flat crude price make oil company clients push harder to
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