Keppel to Deliver First North Sea FPSO
Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading…
SOS from Hanjin Shipping
The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to…
STX to Slash Jobs, Sell Yard
To stay above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.
NASA May Send Submarine to Titan
NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.
Michelle Obama Sponsors Attack Submarine
General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.
Indian Cargo Ship Sinks Off Oman
An Indian cargo ship loaded with vehicles and food supplies destined for Yemen sank on Saturday off the coast of Oman but without loss of life, Oman’s ONA state news agency reported.
Croatia’s Jadrolinija to Buy New Passenger Ship
The Croatian ferry operator has started implementing its development strategy, and one of the main elements of the strategy is further development of the fleet.
Indian Warships Visit Port Victoria
In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and Aditya…
MV WERFTEN, Foreship Sign Design Agreements
MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design…
NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands
The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically found…
Zumaia Offshore Acqires MPP Workboat Aitana B
In April 2016 Zumaia Offshore, S.L., leading workboat owner and operator based in the Basque Country, took delivery of the Cummins-powered MPP workboat “Aitana B”…
BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project
BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development. The…
Skaugen Goes to Red Again
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities…
Kongsberg Performs Well in Q2
Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends…
Maersk Line's Innovative Smart Reefers
Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.
Hapag-Lloyd Shareholders Okays Merger with UASC
Hamburg-based ocean carrier Hapag-Lloyd said its shareholders approved all items on the agenda at Annual General Meeting, mainly the share capital increase needed…
Onshore Spending on the Cusp of Recovery?
DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will see…
White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation
Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.
Rickmers Holding, E.R. Capital Drop Merger Plan
Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities. For many years the companies have…
C-Job Designs Flettner Freighter for Switijnk
The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile. The contract follows the substantial media attention for the 4,500 DWT Flettner Freighter (the FF4500) which C-Job Naval Architects developed as part of the European Union Interreg project SAIL. Taking the project name of FF8000, the design will be for a dry cargo ship with 8,000 ton deadweight.