Lamprell's Revenue Falls 65 pct, Cuts FY Forecast
Oil rig builder Lamprell Plc reported a 64.7 percent fall in revenue in the first half of the year and cut its full-year forecast…
Japanese Navy Ship Teruzuki Visits India
Japan Maritime Self-Defense Force (JMSDF) Ship Teruzuki visited Kochi from 09 to 11 September 2017. Captain Masashi Kondo…
Wärtsilä Debuts New Tug Designs
A new portfolio of tug designs, to be known as the Wärtsilä HYTug series, place emphasis on environmental sustainability.
Australian Navy Commissions Hobart (II) – One in a Million
Royal Australian Navy will commission the first of three new destroyers today (On 23 September). In continuing our reflective…
BP Restores Power at Thunder Horse Platform after Outage
BP restored power at its Thunder Horse platform in the U.S. Gulf of Mexico, according to a statement to Reuters Wednesday. The platform lost power due to an electrical outage Monday.
Baltic Index Hits More Than 3-year High on Strong Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest…
Palfinger Marine Debuts New Fast Rescue Boat
Palfinger Marine said its new generation FRSQ 630 fast rescue boat offers optimal working conditions in rough sea conditions – at competitive pricing.
Marine Biofuels As Sustainable Alternative For Shipping
The inaugural biofuel roundtable was held in Singapore today to drive discussions on the use of biofuels as a sustainable…
Top Maritime News
Maersk Sheds Oil Tanker Division
A.P. Moller-Maersk has agreed a $1.71 billion deal to sell its oil tanker division to its controlling shareholder
Harley Marine Orders Ocean Tugs from Conrad
Louisiana shipbuilder Conrad Shipyard said it has been awarded a contract to build two 3,000HP ocean service tugboats for Seattle’s Harley Marine
Horizon Shipbuilding to 'Reorganize' Amid Insufficient Revenues
Horizon Shipbuilding announced it will reorganize amid revenues insufficient for maintaining normal operations. Lance C.
U.S. Navy Fires Two Commanders After Sea Accidents
The U.S. Navy dismissed two senior officers on Monday after a series of collisions involving Seventh Fleet warships in Asia