VLCC Rates to Stabilise as Owners' Resolve Stiffens
VLCC's likely to struggle to break even for next two months; three-tier VLCC market weighs on sentiment. Freight rates for…
Energean Signs First Deal to Supply Gas to Israel
Greek developer Energean Oil & Gas has secured its first gas supply deals for Israel's Karish and Tanin reservoirs, Reuters reported.
Eley to Take over as Polarcus CEO
Duncan Eley has been appointed chief executive officer of Oslo listed offshore geophysical services company Polarcus Limited…
Kongsberg Maritime, SES Form Strategic Alliance
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime…
Petrobras Sees Higher Oil Exports as Presalt Fields Develop
Brazilian government-controlled Petroleo Brasileiro SA expects higher oil exports this year than initial projections, Guilherme França, executive manager of trade and marketing, said Wednesday.
Federal Dollars for Charleston Harbor Deepening
The Charleston Harbor Deepening Project was named one of six “new starts” and received $17.5 million in construction funding in the U.S.
SeaBird in Debt Restructuring Proposal
SeaBird Exploration will propose to its bondholders and certain of its other creditors a debt restructuring of the SeaBird…
Wärtsilä to Replace OSV’s Generator with Batteries
Wärtsilä informs it has signed an agreement with Norway’s Eidesvik Offshore to install a hybrid system with batteries on…
NYC's New Ferries Take to the Water
The first vessel in the new NYC Ferry’s fleet has been christened Lunch Box, following a naming competition held amongst New York school students.
Skangas Names LNG Bunker Supply Ship Coralius
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen
Flex LNG signs deals to buy six new vessels
Oslo-listed Flex LNG has signed contracts to buy six new liquefied natural gas (LNG) vessels for its fleet by 2019
Global Maritime Makes Two Hires in Asia Pacific
Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector