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., strengthening…
PensionDanmark, Danica Roll Out $300mln Maritime Investment Fund
PensionDanmark, Danica and Navigare Capital Partners have established the Maritime Investment Fund I, which, based on capital from the founders…
India Bags USD 6.22 bln Investment in Ports and Water Transport Sector
Foreign Direct Investment upto 100% under automatic route is already permitted in the Port Sector. This has resulted in several…
USS Carter Hall enters Black Sea
The amphibious Harpers Ferry-class dock landing ship USS Carter Hall has entered the Black Sea, the Naples-headquartered…
Cosco Shipping 2016 Profit Dip
Cosco Shipping International (Hong Kong) has seen its profit for the year ended December 31, 2016 drop 29 percent to HKD…
Australian Navy: Torpedo Firings on the Mark
The Royal Australian Navy has tested its primary anti-submarine warfare weapon during Exercise OCEAN EXPLORER off the coast…
Remote Controlled Workboats
Tuco Marine Group has introduced remote controlled navigation systems for the ProZero Workboats, offering autonomous self-piloting vessels.
Danish Finance Minister to Report on North Sea Oil Negotiations with Maersk
Denmark's finance minister Kristian Jensen will hold a news conference about the government's ongoing negotiations with the Danish Underground Consortium (DUC) about…
OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.
Skilled Workers Needed to Build Trump's Navy Vision
U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy.
Ezra Holdings Files for Bankruptcy in US
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy
The World's First Offshore Wind Farm is Retiring
DONG Energy has decided to retire “Vindeby”, the world’s first offshore wind farm, which 25 years ago marked the birth of the offshore wind industry.