Nordic American Offshore Announces Public Offering
Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the…
Hull Failure, Flooding, Led to Fishing Vessel Casualty
The December 2015 sinking of fishing vessel Orin C and fatality of a mariner on board were cause by structural failure of…
Maritime Cook Islands Technical Department Reconstituted
Maritime Cook Islands (“MCI”), the international ship registry, hassignificantly enhanced its technical department with a…
Teekay Offshore Sees Profit Drop
Teekay Offshore Partners has reported GAAP net income attributable to the partners and preferred unitholders of $92.0 million…
K Line’s CO2 Reduction Targets on Track
Kawasaki Kisen Kaisha, Ltd. (K Line) has announced that its CO2 reduction targets have been approved as "scientifically consistent"…
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.
Teekay LNG Reports Profit in 4Q
Teekay LNG Partners has reported GAAP net income attributable to the partners and preferred unitholders of $84.4 million…
HHI's FSRU Unit equipped by GTT
GTT has received an order from Hyundai Heavy Industries (HHI) to equip a new floating storage and regasification unit (FSRU)…
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