Dry Bulk Shippers Rally as China Books More Ore Carriers
June 25 (Bloomberg) — The biggest jump in shipping rates since September is spurring speculation that demand from Chinese steelmakers is rebounding after
June 25 (Bloomberg) — The biggest jump in shipping rates since September is spurring speculation that demand from Chinese steelmakers is rebounding after
At South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), first steel was cut yesterday for the hull of Petronas’ first Floating
June 25 (Bloomberg) — Oil & Natural Gas Corp. and Oil India Ltd., India’s biggest state-run explorers, will pay $2.5 billion to buy a stake in
Bollinger Shipyards delivered the DP 2-classed Ocean Sky today, the fourth Ocean Class tugs for Jacksonville-based Crowley Maritime Corporation. The first two
Europe's cruise lines managed to eke out growth in 2012 despite a difficult economy and lingering memories of the Costa Concordia disaster, luring new
The not-for-profit, non-partisan advocacy group, United Against Nuclear Iran (UANI), has announced the launch of an around-the-clock Iranian vessel tracking
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Rates to ship iron ore extended the year’s biggest rally on speculation Brazil expanded exports as Chinese steel mills, the biggest buyers, rebuild
Clean tanker rates for refined petroleum products on top export routes were mostly softer on Monday although firmer bookings boosted earnings in the
I had the opportunity to attend Marine Money Week in New York last week, the industry’s premier trade show for all things related to ship finance. Here
Three tugboats and a patrol boat were scheduled to reach the MOL Comfort today, approximately 1 week after the vessel split in two while battling inclement
June 25, 2013 marks third-annual "Day of the
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Houston-based drilling contractor Atwood Oceanics, Inc. (NYSE:ATW) said Monday that it has entered into a turnkey construction contract with DSME for a fourth
By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the
In April 2012, Statoil and Aker Solutions announced a $1.9 billion contract to deliver a semi-submersible rig capable of year-round well-intervention services
Streamers towed behind a seismic survey vessel are fairly vulnerable when deployed, and extremely costly to replace when damaged or destroyed by vessel
By Bill Redmond It would not be unreasonable to ask if now is the time for the International Maritime Organisation (IMO) to be administered an effective enema,
Aberdeen-based offshore drilling contractor Awilco Drilling PLC, announced today they have signed a Letter of Intent (LOI) with Apache North Sea Ltd and TAQA
In the absence of hull fouling control systems, within six months of active service a vessel could have up to 150 kilograms of marine life per square meter
DUBAI, June 23 (Reuters) – Gulftainer Co Ltd, the United Arab Emirates’ second-largest port operator, said on Sunday it had acquired a 51 percent
Nigeria LNG Ltd. said the country’s maritime regulator issued it a ship detention order today, halting exports and detaining three of its vessels in
A passenger ferry in the U.K. sustained damage and was taking on water Saturday after striking a quay while docking at the Harwich International Port in Essex
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By Melissa Akin and Denis Pinchuk ST PETERSBURG, Russia, June 21 (Reuters) – Gazprom is ready to take on potential Russian and Australian rivals for
The Costa Concordia shipwreck has had no impact on the water quality surrounding the site and on the shores of Giglio island, scientists in Italy have
This weekend we will see the biggest, brightest moon of 2013, and we want to see your
Indonesia deployed military planes on Friday to fight forest fires that blanketed neighbouring Singapore in record levels of hazardous smog for a third day in
On Wednesday, China Oilfield Services Limited (COSL) signed newbuild agreements for the construction of 15 vessels at five different Chinese shipyards. The
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