Tug Sinks after Collision off Maine
A tugboat sank after it collided with another vessel about three miles off the coast of Maine. One of the two crewmen aboard…
Exmar Barge-Based FSRU on Way to Singapore
Exmar said its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine…
Cyprus Accuses Turkey of Blocking Drillship Again
Cyprus accused Turkey on Friday of threatening to use force against a drillship chartered by Italy's Eni, in a standoff over hydrocarbons rights in the eastern Mediterranean.
Malaysia to Pay up to $70 Mln if MH370 is Found
Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $70 million if it finds the missing Malaysia…
Fugro Returns to China for Gas Hydrate Research
Dutch survey and geotechnical services firm Fugro said it has been awarded a contract by China’s Guangzhou Marine Geological…
Rolls-Royce to Equip UK Navy's Type 26 Warships
Rolls-Royce Canada said it has won a contract with BAE Systems for its mission bay handling technology for the U.K. Royal…
Teekay Offshore Partners Up on Revenue
Teekay Offshore Partners reported fourth quarter revenue at USD 295.7mln versus USD 274.9mln year ago, registering a growth of +7.6% YoY basis.
BIMCO Relaunches Ship Benchmarking System
BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign. The system helps shipowners and managers…
P&I Clubs Strong But Pricing Under Pressure
Balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, bolstered by…
IMO on Distress and Safety at Sea
Seafarers depend on a robust distress and safety system when life is in danger at sea. This week’s meeting of the Sub-Committee on Navigation…
Century-old Tall Ship Goes High Tech
The 1914-built three-masted steel bark Statsraad Lehmkuhl is the oldest of the large square riggers still in operation today.
Top Maritime News
What Does the Jones Act Mean for Offshore Wind?
Offshore wind power continues to gain momentum in the United States. How will the Jones Act affect the development
Pirates Attack Chemical Tanker off Somalia
Suspected Somali pirates attacked a Singaporean-flagged chemical tanker on Friday but were repelled by guards on board
Djibouti Ends Dubai's DP World Contract to Run Container Terminal
Djibouti has ended a contract with Dubai's DP World, one of the world's biggest port operators, to run its Doraleh Container Terminal
Morch Elected to J. Lauritzen BoD
Danish shipping company J. Lauritzen adds CEO of Norwegian Odfjell, Kristian V. Mørch, and CFO of the cleaning company ISS, Barbara Plucnar Jensen