Norway Exempts Idled OSV's From License Fee
Owners of ships serving the oil industry will be exempt from paying license fees for 2016 on vessels that have been mothballed, Norway's industry minister said in a statement on Tuesday.
EU Offshore Wind to Grow up to 2020
New capacity more than doubled in 2015 due backlog; existing projects to bring more expansion in coming years. Growth in new offshore wind capacity in Europe is…
BP Reports Biggest Ever Annual Loss
BP shares slide 8 pct after results miss forecasts. BP slumped to its biggest annual loss last year and announced thousands more job cuts on Tuesday, showing that…
LR Bags LAUGFS' Contract in Sri Lanka
Lloyd’s Register (LR), world’s leading engineering, technical and business services organization announced today that it has been appointed by LAUGFS Gas PLC (LAUGFS)…
ABS, COSCO Partner on Arctic Shipping Development
Facing changing climate conditions in the Arctic which have effectively generated new opportunities shipping in the region, classification society ABS and commercial…
Norsafe Offers Complete Safety Package for Seafarers
Norsafe has become the first lifeboat manufacturer to provide STCW and Norwegian Oil and Gas (NOROG) compliant training courses for seafarers. This means that the…
First Steel Cut for Bibby WaveMaster
Following the recent contract signing for the first ever Damen Service Operations Vessel (SOV) with walk-to-work capability, the first steel was cut this week at Damen Shipyards Galati…
Zentech Inks Deal for Two Z-210 with CSSC
Zentech Incorporated of Houston, Texas, USA signed contracts with CSSC Huangpu Wenchong Shipbuilding Company Limited for the construction of (2) Z-210 Mobile Offshore Units.
Lyden-Kluss, RADM Thomas Appointed IMO Ambassadors
Carleen Lyden-Kluss, Chief Executive Officer of Morgan Marketing & Communications, along with RADM Cari B. Thomas of the United States Coast Guard were recently…
Microsoft Sinking Data Center in the Pacific
Microsoft swims to ocean’s depth to test underwater data center as environmentally friendly cloud computing alternative. The software giant has dropped a data center…
Hyundai Merchant Marine Plans Asset Sale
Hyundai Merchant Marine Co. (HMM), is resurrecting an asset-sale plan in an effort to stave off bankruptcy as it reels from a crisis in the shipping industry brought on by slowing global trade…
Emerald Belle Cruise Ship Damaged in Fire
River cruise ship Emerald Belle, due to be launched in April, has been seriously damaged in a shipyard fire in the Netherlands. The Emerald Waterways ship was under…
AIDA Prima on Fire - Third Time!
AIDA Prima, a new ship for Carnival Corp.'s AIDA Cruises brand, was damaged by a fire early Sunday at Mitsubishi Heavy Industries Ltd.’s shipyard in Nagasaki, the Japan Times reports.
MSC Ships Get Bigger
MSC Cruises, the 4th largest cruise line, confirmed the existing STX France options to build an additional two ships in the Meraviglia class. The ships, valued by MSC at $1.7 billion…
Syscorp Focuses on Domestic Routes
Shin Yang Shipping Corp Bhd (Syscorp) has shifted the focus of its container shipping business to domestic routes in the face of continued volatility in the international container shipping market…
Green Groups Urge Arctic Council Urged to Ban HFO
Environmental groups want the eight countries that ring the North Pole to take a stand on banning the use of heavy fuel oil (HFO), considered one of the greatest threats to the Arctic ecosystem…
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