International Ship Repair Facility at Cochin Shipyard
The Minister of Shipping in India, Nitin Gadkari has said that Cochin is all set to become a global ship repair hub. He was speaking at Cochin…
MUM's the Word: New UUV Takes Shape in Germany
The Large Modifiable Underwater Mothership (MUM) brings German engineering prowess and cooperation to the fore. As the world…
Vard to Build Expedition Ship for Norway industrialist
Vard Holdings, a designers and shipbuilder of specialized vessels, announced that it has secured a contract for the design…
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.
Navios Holdings Now Controls a Fleet of 64
Navios Holdings controls a fleet of 64 operating vessels totaling 6.6 million dwt, of which 38 are owned and 26 are chartered…
Frontline Posts Q3 Loss as Tanker Rates Hit 4-year Low
Frontline q3 net loss $24.1 million. The current crude oil tanker rate environment does not presently reflect that strong demand.
SAR Vessel Passes Capsize Test with Engines Running
Damen – in cooperation with the Turkish Coast Guard, the International Organization for Migration (IOM) and engine manufacturer…
Tanjung Pelepas to Provide Training for Maritime Students
Port of Tanjung Pelepas (PTP) signed a Memorandum of Understanding (MoU) with Universiti Malaysia Terengganu (UMT) for the…
CMA CGM Adds 4 Vessels Under French Flag
CMA CGM has announced four additional ships under the French flag. The first among these will be a 20,600 TEU containership…
Frontline Calls for Consolidation among Oil Tanker Firms
The global market for crude oil tankers remains too fragmented and needs consolidation among owners, one of the industry's…
The Challenge of Marine Asset Appraisal
While large shipping asset deals are often financed through the major capital markets, loans for most oilfield service marine…
Top Maritime News
Inside the World's First LNG Containership Conversion
Going ‘green & lean’ in Germany with the world's first containership converted to run on liquefied natural gas (LNG) The world’s first container
Cruise Ships & Environmental Risk: ‘No Silver Bullet’
LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.
Catching a Jones Act Seaman’s 'Golden Parachute'
A challenging offshore environment produces a different but equally difficult development. Will you be ready when it comes to your fleet?
Ships 'Unseaworthy' If They Don't Meet Emissions Rules -IMO
Ships which do not meet cuts to the amount of sulphur they can burn in their engines risk being declared "unseaworthy"