Oaktree Capital and Rickmers Partner to Build at Least 8 New Eco-Container Ships
Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces
Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces
Singapore’s Ministry of Manpower (MOM) has confirmed that all shipyard workers have been accounted for after a jack-up rig accident injured 89 at Jurong
(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher
At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave
U. S. Coast Guard Boatswain’s Mate Chief Petty Officer Terrell Horne died this morning from injuries sustained during a hit-and-run collision at sea
(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction
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51 years after being commissioned into the US Navy’s fleet, USS Enterprise (CVN 65), the world’s first nuclear powered aircraft carrier, has seen
Wärtsilä hosted a webinar yesterday on the subject of “Performance Optimization for the Merchant Marine Market” and it was moderated by Atte
The U.S. Department of The Interior today announced the nation’s first-ever lease sales for renewable energy development in two wind energy areas (WEAs)
Drewry Maritime Research’s latest Annual World Shipbuilding Market Review and Forecast highlights the bleak prospects that are facing the world’s
GulfMark Offshore, Inc. (NYSE:GLF) announced Friday it intends to offer $150 million in aggregate principal amount of its 6.375% Senior Notes due 2022 for sale
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NASDAQ-listed Star Bulk Carriers Corp (SBLK) is looking at a pretty dismal future. Their quarterly numbers they released today weren’t too bad
[Dow Jones] SembMarine’s (S51.SG) new drillship order from Sete Brasil for US$806 million was a pleasant surprise, Barclays says. “The seventh
(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed
(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo
(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying
SAO PAULO–Brazilian government-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled plans to hire five drilling rigs
Damen Shipyards says it has finalized an 11-vessel order for Australia’s DMS Maritime that has culminated with an order for a Rescue Gear Ship which will
AMSTERDAM–Dutch sea-transporting company Dockwise Ltd. (DOCKW.AE) said Thursday that Monday’s offer price by Dutch dredging company Royal Boskalis
A strike by clerical workers at the ports of Los Angeles and Long Beach continued Thurdsay, shutting down nearly all cargo movements into and out of the United
(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though
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(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher
(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating
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
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