News

Attempts to reduce the amount of paperwork weighing down shipping have so far had limited success, but a new survey of seafarers suggests there are good reasons why efforts should not be abandoned.

Drewry Maritime Research’s quarterly report Carrier Performance Insight revealed that industry-wide vessel schedule reliability improved to a new record high of 75.7% in the second quarter of 2012

Plans for the Trans Adriatic Pipeline project, aimed to carry Caspian natural gas to Italy, received a boost Thursday, as the pipeline consortium said energy giants BP PLC, France's Total SA and Azerbaijan's

Supplies of liquefied natural gas (LNG) to Europe are likely to drop by almost 70 percent by 2015 as the booming Asian market sucks up cargoes, Barclays said on Thursday.

Nirmal Bang has come out with its report on crude oil. According to the research firm, crude oil prices are expected to continue the upward rally, so one can buy crude on dips

Nigeria's 2013 budget will be based on a world oil price of $75 per barrel and projected national output of 2.53 million barrels per day, Finance Minister Ngozi Okonjo-Iweala said.

DNV’s summer students yesterday presented the results of seven weeks of intense and targeted work to develop a realistic and suitable concept for a year-round

As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products

COSLPromoter, the semi-submersible platform which was delivered on 25 April by COSL Drilling Europe AS, a wholly-owned subsidiary of China Oilfield Services Limited, has arrived in Norwegian waters.

Marad will study the safety, economic and environmental issues of vessels to be constructed with double hulls.

According to Portstrategy, the Chilean government has proposed construction of a new port that will serve the country’s Fifth region.

An international offshore drilling company, Songa Offshore, today released the fleet update for the month of July.

Keppel FELS Brasil S/A has secured two contracts worth a total of about US$950 million from the Petrobras-led consortiums

Polski Rejestr Statków offers assistance for shipowners in fulfillment by their ships of the requirements for the management and control of ship’s ballast water and sediments.

India might be reinstating oil imports from Iran, what used to be the country’s second biggest oil supplier, in spite of the sanctions imposed by the West against Teheran which are still in force.

Aberdeen Harbour has recorded significant increases in traffic in the first six months of the year, as activity within the energy sector generally and the North Sea in particular continues to rise.

The island’s location, big port construction projects and plans to expand its hub role, makes it well-placed to emerge as a new maritime centre like Singapore and Dubai, said Noboru Ueda, chairman and president of ClassNK.

As offshore wind developments move further offshore, into deeper waters with more extreme weather conditions, the challenge of

Aberdeen-based subsea installation contractor Bibby Offshore is leading the way in saturation diving safety in the North Sea after recently carrying out fully successful evacuation trials.

FMC Dockyard Ltd. (subsidiary of FMC Group) is about to pioneer construction of fishing trawlers in Bangladesh, with a four unit order