Ocean RIG Files for Bankruptcy Protection in US
Rig contractor Ocean RIG UDW Inc filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and prolonged downturn in the industry.
Arctic LNG 2 Output May Exceed Yamal Plant
Output at Arctic LNG 2 plant will be the same as at Yamal LNG plant or higher, Leonid Mikhelson, head of Russia's largest…
S. Korea Finds Remains of Ferry Disaster Victim
Six fragments of remains found, official says; DNA tests planned to identify remains. The remains of what appears to be at…
Silver Lining for the Multipurpose Shipping Market
Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years…
Tech File: Condition Monitoring Systems
All operators worry about the same thing – the next outage that puts your vessel out of commission. Millions of dollars are…
First Citywide Ferry Departs for New York
The first of 13 new passenger ferries being built by Horizon Shipbuilding, Inc. for operator Citywide Ferry by Hornblower…
Maersk Reaches Key North Sea Tax Deal with Denmark
Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay…
US O&G Industry Reaps the Benefits of International Trade
Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when…
Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates
German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday
Case Study: 18-day Exhaust Gas Scrubber Install
Goltens was contracted by a large cruise vessel owner to undertake the installation of two exhaust gas scrubbers on one of its ships to comply with
Post Appointed COO of Radio Holland
Maarten Post has been appointed Chief Operating Officer (COO) and member of the General Management Team of the Radio Holland Group.
Svitzer Orders Escort Tug from Sanmar
Svitzer has signed a contract with Sanmar to purchase a newbuild 80 tbp ASD escort tug for Southampton, U.K.