Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

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Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid

Crewman Claims Ferry Captain "Rushed Back To Bridge"

The captain of a South Korean ferry that capsized two days ago rushed back to the bridge after it started listing severely and tried in vain to right the vessel,

When Will Deep Sea Mining Commence? The Robot is Ready

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The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua

Vice-Principal Of S.Korea School In Ferry Disaster Commits Suicide

The vice-principal of a South Korean high school who accompanied hundreds of pupils on a ferry that capsized has committed suicide, police said on Friday,

Shipping Turns From Banks to Equity Markets for Cash

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Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital

Lockheed Martin's First Marine LNG Tank Goes to Harvey Gulf

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Lockheed Martin notifies that its first Liquefied Natural Gas (LNG) tank has transitioned from the assembly line to the shipyard for integration with the Wärtsilä LNG propulsion system,

OSG Confirms Jones Act Status

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Overseas Shipholding Group, Inc. (OSG) lets it be known that U.S. ownership of its common stock at the close of business on April 15, 2014 was 77 percent:

Rio De Janeiro Pilot Tariff to Rise

The Rio de Janeiro state pilot tariff will increase by 5.62% from May 1, 2014, said GAC in its daily hot Port News alert. The new tariff will be valid for one year.

AVEVA Provides Solutions to TOTAL E&P Nigeria Limited

Owner Operator standardizes on AVEVA Engineering & Design Solutions for increased efficiency on all new projects. AVEVA announced that TOTAL E&P

NATO Ships Sail to Baltic to Defend Allies

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NATO is sending part of its naval rapid reaction force to the Baltic Sea as part of measures to step up the defence of its eastern European allies in response to the Ukraine crisis,

MOL Ships Selected as "2013 Best Quality Ships”

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Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) has announced that the following four MOL-operated and managed vessels were selected for FY2013

Oil Steady Below $110

Rising Ukraine tensions heighten fears over Russian supply New U.S. unemployment claimants near 6-1/2 year low Brent crude oil was steady below $110 a barrel on Thursday,

InterManager Welcomes New Protection for Seafarers

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InterManager said it welcomes the adoption of new measures to protect seafarers against abandonment. Amendments to the Maritime Labour Convention 2006,

US 2014 Petroleum Production: Why Hubbert was Wrong

Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972.

S.Korean Ferry Master Faces Investigation

The captain of the South Korean ferry that capsized off the southwest coast was facing a criminal investigation on Thursday, an official said, amid unconfirmed

Shipowners to Become Liable for Costs of Wreck Removal

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Shipowner liability is on the horizon as the Nairobi International Convention on the Removal Wrecks will enter into force on 14 April 2015 following the deposit,

Coast Guard Pacific Area Command Changeover

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The US Coast Guard informs that Rear Adm. Charles W. Ray will relieve Vice Adm. Paul F. Zukunft  (US Coast Guard Commander designate) as Commander, Coast

A New Standard in Marine Communications

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KVH provides and Harvey Gulf employs possibly the most sophisticated on-board SATCOM and related service package on the water. That’s no accident.     If quality service,

Dron & Dickson Boosts Management Team

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Dron & Dickson, specialists in design, supply and maintenance of hazardous area electrical equipment, has strengthened its management team with the appointment

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