Brazil’s Kingfish Places $732 Million Newbuild Order for 11 Tankers
RIO DE JANEIRO (Dow Jones)–Brazilian oil field services company OSX Brasil S/A (OSXB3.BR), part of Brazilian businessman Eike Batista’s industrial
RIO DE JANEIRO (Dow Jones)–Brazilian oil field services company OSX Brasil S/A (OSXB3.BR), part of Brazilian businessman Eike Batista’s industrial
ABB released this video today that gives a new look at their Azipod ship propulsion systems that they are successfully integrating on board a number of
(Dow Jones) Ship Finance International Ltd. (SFL) said its chief financial officer plans to step down in the second quarter to join another shipping company.
Prosafe has received a Notice of Award for a minimum nine-month contract by Shell Philippines Exploration B.V. (‘SPEX’) using the Safe Astoria for
A general cargo ship was severely damaged early Saturday after being involved in a major collision with a reefer ship in the Caribbean Sea. The collision
Hyundai Mipo has reportedly won a $198 million newbuild order from an undisclosed European client for 4 platform supply vessels. The report from the Thai
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RIO DE JANEIRO -(Dow Jones)- Shareholders of Brazilian drilling-rig holding company Sete Brasil approved a capital increase as the company prepares to line up
GLASGOW – DEFENDER, the fifth Type 45 destroyer built by BAE Systems, has today set sail from the company’s Scotstoun shipyard to embark on her
Shipboard fires present crews with unique challenges that are often limited to the capabilities of the human body. With that in mind, scientists at the
UPDATE: The captain of M/V Union Moon, plead guilty to excess alcohol by the master of a ship Friday morning. The captain, Miroslaw Pozniak, 55, from
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Sign UpWe are downgrading Danaos to Neutral from Outperform, and Seaspan to Underperform from Neutral. – Credit Suisse Despite both Danaos’
Tokyo-based shipping firm Sanko Steamship Co. is making final arrangements to seek the rescheduling of loan repayments through a private-sector intermediary to
NEW YORK (Dow Jones) — Carnival Corp. (CCL) reported a better fiscal first quarter than expected despite the shipwreck of its Costa Concordia, and
HOUSTON (Dow Jones) — Royal Dutch Shell (RDSA) remains confident it will be able to start exploring for oil in the Arctic Ocean off the coast of Alaska
TORM has entered into an agreement to sell the MR product tanker TORM Lana. The parties have agreed not to disclose the sales price. TORM Lana will be
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Employers Start Here Jobseekers Start HereThe Korea Times and Yonhap news reports today that South Korea’s Hyundai Heavy Industries (HHI) has cumulatively built over 100 million tons of ships
A California man was sentenced in Florida this week to two months in prison and house arrest after he drunkenly deployed the anchor of a Holland America cruise
This is one of the many issues facing the engineers at Shell who are creating the world’s largest man-made floating object, the Prelude FLNG. This
Exxon Mobil Corp. (XOM) plans to spend roughly $185 billion over the next five years to develop new energy supplies in anticipation of growing demand. In a
MUMBAI (Dow Jones)–The Shipping Corp. of India Ltd. (523598.BY) plans to raise up to $500 million in dollar loans from banks overseas in the financial
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