Sembcorp Marine Resorts to Arbitration over Sete Contracts

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Singaporean shipbuilder Sembcorp Marine Ltd has launched an arbitration proceedings against various subsidiaries of ...

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6 Pirate Attacks in 24 Hours off Nigeria, Two Crew Kidnapped

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Two crew members of an offshore supply vessel were kidnapped by pirates while their ship was underway around 97 ...

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Bumi Armada Seeks over USD 275 Mln for Cancelled Charter

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Malaysian offshore services provider Bumi Armada Berhad has, through its wholly owned subsidiary Armada Balnaves ...

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MISC Berhad Looking to Buy FPSOs and Tankers

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Due to a depression in the offshore oil and gas industry, the Malaysia International Shipping Corporation (MISC) ...

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Transocean Postpones Delivery of Two Drillships

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Owner and operator of mobile offshore drilling units Transocean Ltd. has reached an agreement with Sembcorp ...

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Ezra, EMAS Offshore Sell Their Share in FPSO Lewek Emas

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Singapore’s Ezra Holdings Limited, an integrated offshore support provider, along with its Vietnamese ...

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Noryards BMV Goes Bankrupt

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Norwegian shipbuilder Noryards BMV, a daughter company of Noryards AS, has filed for bankruptcy having failed to ...

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WWF-Canada Suing Shell

Two narwhal surfacing to breathe in Admiralty Inlet, Nunavut-Image Courtesy: WWF-Canada

WWF-Canada, represented by Ecojustice lawyers, is taking legal action against oil major Shell in what it describes ...

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Navig8 Group Extends Services to Offshore Market

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Maritime services provider Navig8 Group has decided to enter the offshore energy market with an agreements to ...

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Oil Production Freeze Would Not Affect the Tanker Market

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In an effort to put a floor under oil prices and allow demand growth to catch up with supply, the oil ministers ...

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US DoJ Blocking Halliburton-Baker Hughes Merger

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The US Justice Department filed an antitrust case asking the U.S. District Court in Delaware to block Halliburton’s ...

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Industry Urged to Shift to Smart Shipping and Big Data

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The time has come for the maritime industry to make a move towards smart shipping as CEOs, chairmen and directors ...

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Swissco Eyes Entire Stake in VM Marine

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Singapore-headquartered Swissco Holdings Limited has, through its subsidiary Swissco International, entered into a ...

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Fincantieri Swings to Loss despite All-Time High Order Intake

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Italian shipbuilding giant Fincantieri has booked an all-time high order intake totaling in EUR 10.08 billion ...

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Maritime Carrier Shipping, Moran Sued over Rig Clash

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 Germany’s Maritime Carrier Shipping GmbH & CO. and US-based Moran Towing Corporation are being taken to ...

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Tight Money Prolongs Maritime Downturn in 2016

Image Courtesy: Norwegian Shipowners' Association

2016 is to be an extremely difficult year for many segments of the maritime industry, says the Norwegian ...

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Nam Cheong Hit with Offshore Vessel Cancellation

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Malaysia-based offshore marine company Nam Cheong Limited has received a notice of termination for the sale of one ...

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Bourbon Ventures into Ethane Transportation Sector

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Prompted by the downturn in the offshore oil and gas industry French offshore vessel contractor Bourbon has decided ...

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Damen: Answer to PSV Idleness Is Conversion

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The solution to the increasing number of laid up Platform Supply Vessels (PSVs) resulting from the current ...

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Kidnapped BOURBON Crew Freed

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French offshore vessel contractor BOURBON announced earlier today that the two crew members abducted on board the ...

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POSH Takes Makamin to Court over Charter Fees

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Offshore support vessels operator POSH Semco, a wholly-owned subsidiary of PACC Offshore Services Holdings (POSH), ...

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Spotted: Seajacks Scylla Debuts in IJmuiden

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The Seajacks Scylla, an offshore support vessel specifically designed for transport of deep water large wind farm ...

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Wärtsilä Teams Up with SDARI on Ship Design

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Ship design unit of Finnish engineering company Wärtsilä has entered into a cooperation agreement with Shangai ...

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Fire Hits Petrobras FPSO, No Injuries

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A fire broke out on board Petrobras-operated floating oil production, storage and offloading vessel (FPSO) P-48 on ...

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APM 2016: Innovation Key to Ride Out Industry Storm

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The maritime and offshore industry should look to investing in innovations and finding ways to optimize ...

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Bumi Armada Files Suit against Woodside

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Malaysia-based offshore services provider Bumi Armada Berhad filed a writ of summons in Western Australia’s ...

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Nautilus Slams Farstad for Hiring Cheaper Workers

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Maritime professionals’ trade union Nautilus International voiced its “shock and anger” to a ...

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