Weaker Vessel Rates Weigh on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the seventh session on Tuesday…
How Deep is the Ocean?
Hydrogaphy, the science of surveying and charting bodies of water, is essential to the safe, sustainable and cost-effective use of the world’s oceans.
BOURBON to Install Mooring for Floating Wind Turbine
French offshore marine services company BOURBON said it has been awarded a contract for the mooring installation of the first floating wind turbine in France at…
New Fast Displacement Yacht is First with Hybrid Propulsion
A new motoryacht built by built by the Netherlands’ Heesen Yachts is the world’s first Fast Displacement equipped with hybrid propulsion.
Asia's Low-Carbon Shipping Mission
A new regional centre, which will provide leadership in promoting ship energy-efficiency technologies and operations, and…
Innovative Subsea Crane Ordered for RSV Conversion
Brazilian ship owning company CBO’s vessel CBO Manoella is currently being retrofitted from an offshore platform supply vessel…
OPEC Set to Prolong Oil Cuts
OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group…
Norway Oil Ministry: No Plan to Cut Output
Norway has no plans to cut its oil output, the country's oil and energy ministry said on Tuesday. "The Ministry has a good…
Harvey Gulf Grows Fleet, Inks Long-term Contracts
As vessel many vessel operators are stacking vessels and reducing fleet size, Harvey Gulf International Marine said it has signed four non-cancelable
Wilhelmsen Drone Project Takes Off
Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency
The New Offshore Reality
As a mix of traditional heavyweights and start-ups fight to keep Norway’s offshore industry afloat, collectively they assess Swedbank’s chief
Nigeria Invests in Boats to Fight Piracy
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured Nigerians and the