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Eight Very Large Crude Carriers are achieving Very Large Carbon Cuts. A detailed performance analysis of a National Shipping Company of Saudi Arabia (NSCSA) tanker confirms that the company has achieved substantial fuel savings--and thus…
The tug Fairplay-22, which capsized on November 11 while it was assisting the superferry Stena Brittanica to its terminal at Hoek van Holland, Netherlands, has been refloated by Smit Salvage using the sheerleg Taklift 7.…
The numerous technical and operational breakdowns that contributed to the Deepwater Horizon oil rig explosion and spill from the Macondo well in the Gulf suggest the lack of a suitable approach for managing the inherent…
Calovebora, the first in a series of thirteen Z-Tech tugboats built for ACP (the Panama Canal Authority) by Cheoy Lee Shipyards of Hong Kong is now in Panama. The 26-engine order for the tugs' twin…
Norway's Farstad Shipping ASA has placed an order for the first OSV to be built to a new wave piercing design by Rolls-Royce. The vessel is one of four platform supply vessels to be built…
Carnival Corporation expects fourth quarter earning to take a hit as a result of voyage distruptions following last week's engine room fire on Carnival Splendor. Carnival Cruise Lines has canceled Splendor sailings through the departure…
Maersk Oil Trading's Niels Henrik Lindegaard says shipping companies and regulators must work together now to prepare for future IMO sulfur regulation or face potentially crippling costs. In a keynote address at the Singapore International…
Singapore's Ezra Holdings is expanding its capabilities in the Gulf of Mexico. It has just announced the purchase of a fabrication yard in Houston. Ezra says the move complements its proposed $250 million acquisition of…
The Department of Justice, the Commonwealth of Massachusetts and the state of Rhode Island announced today that Bouchard Transportation Co. Inc. and its affiliates will pay more than $6 million to settle a portion of…
Two offshore drillers are showing enough faith in prospects for jack-ups to take out their check books. Seadrill is following up its recent drillship splurge at Samsung by ordering two newbuild two jack-ups at China's…
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