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Bermuda-based Höegh LNG announced today a new joint venture with STX Pan Ocean that gives each party a 50% stake in the  153,600 cubic meter, tri fuel,

ABB announced today the winning of a $35 million order from the Baltic Shipyard Ltd to supply Azipod propulsion and associated distribution systems for a new

With Petrobras, and thus Brazil, standing to lose $3 billion or more in lost revenues due to missed oil and gas production targets,  the head of

There are a few headlines going around today in some major publications and by the Associated Press claiming that China has announced plans to build 50

The Korean Register of Shipping has become the latest and last remaining major classification society that has promised to stop certifying Iranian ships,

(Dow Jones) Shipping companies are demolishing their vessels at an unprecedented rate this year, hoping to eliminate some capacity to cushion the impact of a

In response to our article this week calling out 7 ships that were detained by the MCA, Captain Bjorn Hojgaard, Chief Executive Officer of Hong Kong-based

Amid the throngs of maritime professionals from around the world and the huge expanse of the 2012 SMM Hamburg conference, I sat down with the American Bureau

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that at approximately noon Rio De Janeiro time (11 a.m., ET), the federal court in Rio de Janeiro

While at the SMM Hamburg conference a few weeks ago, I met up with Sigurd Jenssen, Director, EGC at Wärtsilä Environmental Solutions Tell me a bit about

(Bloomberg) — China’s first aircraft carrier, built with the hull of an unfinished Soviet-era ship, was handed over to the navy and formally

(Bloomberg) — The biggest shutdown of nuclear power in history will spur record demand for liquefied natural gas and the most profit ever for Golar LNG

The highly anticipated Danish piracy drama, Kapringen (aka ‘A Hijacking’), premiered in Denmark over the weekend to rave reviews after a world

In what initially appears to have been caused by a navigational error, an Aframax tanker owned by Vancouver-based Teekay Tankers, has run aground off the coast

Pacific Basin Shipping (2343.HK) has boatloads of cash. So, raising another $123.8 million from convertible bonds should also raise some questions. With a cash

With future projections showing increased demand for deepwater rigs, Seadrill announced today that they have signed another US$600 million contract with

13 are still missing and a fishing vessel has sank following a collision at sea early Monday morning of Japan’s northeastern coast.  According to

(Bloomberg) — The 41-year-old refurbished transport vessel overseeing an international Middle East mine- hunting exercise can defend itself from Iranian

With an estimated 250 extra OSV’s needed to support Brazil’s offshore oil and gas industry by 2020, Brazilian private equity fund P2 has promised

(Bloomberg) — China’s two biggest shipowners said a market slump may continue for at least two more years as more vessels enter service and the