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…
Norway’s USN to Upgrade Its Maritime Simulators
The University College of Southeast Norway (USN) has contracted Kongsberg Digital to deliver a major upgrade of its maritime simulator park.
US Ship Seizes Heroin in Arabian Sea
USS Laboon (DDG 58) intercepted a small stateless dhow in the international waters of the Arabian Sea March 13, seizing 270 kilograms of heroin.
Statoil Wins Licences Off UK, 'Resets' Exploration Off U.S.
Norway's Statoil was the second top bidder for 13 oil exploration leases in the U.S. Gulf of Mexico and won six licences offshore Britain, it said on Thursday, in…
Irving Shipbuilding Invests in Ocean Technology Programs
Irving Shipbuilding Inc. said it has made a multimillion dollar investment to support marine innovation and commercialization in Nova Scotia and across Canada. The…
Arctic Ice Sets New Record Low for Winter
The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long…
Singapore's Fourth Littoral Mission Vessel Launched
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering)…
BV Acquires MAC
Bureau Veritas (BV) acquired Maritime Assurance & Consulting (MAC). Based in Aberdeen, MAC was established in 2010 and now has 30 employees as well as more than 40 associates.
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.
Somali Pirates Release Hijacked Ship, Crew without Ransom
Somali pirates released a hijacked oil tanker and its eight Sri Lankan crew on Thursday, a Somali security official and the pirates said
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