Dry Bulk Back from the Brink
While the tanker industry worries about OPEC reducing output and the container industry rushes to consolidate, dry bulk values…
EMGS Inks Charter for BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL AS (owner…
EU Votes for Deadline for Shipping Emission
The European Parliament voted in favour of the inclusion of CO2 emissions from shipping in the EU Emission Trading Scheme…
MOL Invests in Self-Elevating Platform Vessel Operator
Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group…
Chinese Shipbuilder Mulls Deep-Sea Exploration
China Shipbuilding Industry Corp (CSIC) is developing a manned submersible vehicle, which would be able to dive into Challenger Deep…
US Aircraft Carrier Strike Group Begins Patrols in South China Sea
Carrier Strike Group (CSG) 1, including Nimitz-class aircraft carrier USS Carl Vinson (CVN 70), Destroyer Squadron (DESRON)…
Shell: LNG Demand Strong to 2030
Shell launches LNG Outlook Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year.
McDermott Acquires New Pipelay and Construction Vessel
McDermott International, Inc. announced it has acquired the newly built pipelay and construction vessel Amazon to better…
USCG Awards Polar Icebreaker Contracts
The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday.
Eighth Lamprell Rig for NDC
Lamprell announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National
Kongsberg Maritime: Reshaping Underwater Operations
Eelume AS has released the first live video footage of its game changing take on underwater intervention vehicles.
World’s Largest Plug-in Hybrid Vessel Ordered
Color Line and Ulstein sign a firm contract on construction of the world’s largest plug-in hybrid vessel. Ulstein said it has won a contract to