TGS Shares Fall after Q2 Sales Disappoint
Shares of the world's leading provider of geoscience data to oil companies TGS fell by more than 6 percent on Thursday, after disappointing sales in the second quarter.
World’s First Floating Wind Farm Starts Production
The world's first offshore floating wind farm has started to deliver electricity to the Scottish grid, providing power to approximately 20…
Partners Aim to Bring New Trenching Vehicle to Market
A Memorandum of Understanding between Royal IHC and Canyon Offshore, a U.K. subsidiary of Houston-based Helix Energy Solutions Group…
Kongsberg Naval Sonars for Göteborg-Class Corvettes
Kongsberg Maritime said it has been selected to deliver ST2400 VDS (Varial Depth Sonar) systems for Anti-Submarine Warfare…
Smooth Sailing in the Philippines
The recent visit to the Philippines, by two Australian Navy ships of the Indo-Pacific Task Group has significantly reinforced…
Saab's Maritime Solution Protecting Great Barrier Reef
As one of the wonders of the natural world, many consider the Great Barrier Reef one of the Earth’s most beautiful places.
Victor Restis Buys Stake in Globus Maritime
Globus Maritime Limited, a dry bulk shipping company, announced that it has signed a share and warrant purchase agreement providing for the issuance…
BP Chairman to Retire
BP has announced that Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire as chairman.
Scorpio Gets Financing for Kamsarmax Vessel in Japan
Scorpio Bulkers Inc announced that it has entered into a financing transaction in respect of one of the Company’s Kamsarmax…
UTLC Launches Service from China to Europe
Russia's JSC United Transport and Logistics Company (UTLC) jointly with KTZ-Express launched a new transport product for…
Keller Shifts Gears
Satisfaction in overall powertrain reliability often comes down to individual components, starting with the gearbox and gear wheels. To this end C.
Top Maritime News
Rigdon Named Interim CEO at Tidewater
Larry T. Rigdon will serve as interim president and chief executive officer (CEO) of Tidewater Inc. while a search committee seeks a permanent
The Art of Navigation
There are countless examples of how an over reliance of GPS navigation and the electronic charting systems
US Shipbuilding: The Road Ahead
Matt Paxton, president of the Shipbuilder’s Council of America, shares with Maritime Reporter & Engineering News his insights on the opportunities
US Charters Cruise Ship to House Hurricane Relief Workers
The U.S. government has chartered another commercial cruise liner to serve as a floating hotel for relief workers in the U.S.