Huntington Ingalls Awarded $487 Million Contract for 6th National Security Cutter
Huntington Ingalls Industries (NYSE:HII) announced today they have been awarded a $487 million contract to build the sixth National Security Cutter (NSC) for
Huntington Ingalls Industries (NYSE:HII) announced today they have been awarded a $487 million contract to build the sixth National Security Cutter (NSC) for
In 2004, Qatar was expanding their production trains of liquefied natural gas and founded Nakilat, the critical transportation link in Qatar’s global LNG
April 30 (Bloomberg) — State-backed Oil & Natural Gas Corp. and Oil India Ltd. are the leading joint bidders for the stake in a Mozambique gas field
Caterpillar Global Petroleum announced Monday that it has been awarded the contract from Estaleiro Enseada do Paraguaçu (EEP) to provide the diesel
A federal court in Hawaii has dismissed a lawsuit challenging the effectiveness of the Jones Act in the island state.
At the Center for Strategic and International Studies (CSIS) this morning, His Excellency Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources for the
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Somali pirates have released six crewmembers from the Danish-flagged MV Leopard after more than two years in captivity.
Greek shipping companies are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an
(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, signed an initial accord with Royal Dutch Shell Plc to enable the
New York-based Baltic Trading Limited (NYSE:BALT) is a publicly traded dry cargo company which operates a fleet of 9 dry cargo vessels, consisting of 3
Japanese companies sent a huge contingent to LNG 17 the other week, which makes sense considering they are, and will likely remain the world’s biggest
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When Coast Guard boat crews go out to train, they like to make things as real as possible. That means that when rough weather rolls in, it’s time to
For anyone who witnessed last week’s ridiculous public back-and-forth between the US Merchant Marine Academy Alumni Association and the
Maersk Line announced today they have hired Stephen Richard Schueler to replace Lucas Vos as Chief Commercial Officer, effective 27 May. Stephen is American,
In a stock exchange announcement over the weekend, China Shipping Container Lines has expressed their intentions to build five, 18,000 TEU containerships. The
(Bloomberg) Costs to haul iron ore and coal on Capesize ships, the largest carriers of the commodities, rose for a third session to a one-month high after more
(Bloomberg) Two Syrian sailors were killed and another eight are missing after a cargo ship carrying fertilizer collided with a container vessel early today
Petrobras has awarded a 3 years firm contract to PSV Far Supporter (1996, UT 750, 4,680 DWT). The contract is in direct continuation of the existing contract.
Hong Kong-based Kuma Shipping announced today the order two new platform supply vessels from Ulstein. The vessels will be built at an undisclosed shipyard
ABUJA, April 29 (Reuters) – Pirates have kidnapped five crew members from a cargo ship off Nigeria, the vessel’s management company said on Monday,
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In a stock exchange filing today, 6 Hong Kong-based investment holding companies jointly owned by Sinopec Kantons, China Shipping Development, and Mitsui
And in other news on this Friday evening, a giant head was found floating in the Hudson
Cargotec has been struggling to improve profitability for the past few years as global economic uncertainty and a glut of vessels have made shipping companies
Salvage operations continued Thursday near the Marseille’s Dam with the removal three more barges and two gates being brought back online.
DNB, one the world's largest lenders to the shipping industry has struggled with souring loans in the shipping
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