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• OGX makes second find in Campos

  Brazilian oil and gas start-up company OGX Petroleo e Gas Participacoes said today it had found signs of more hydrocarbons in well 1-OGX-3-RJS, off Rio de Janeiro's coast in the southern part of the Campos basin. Read more: UpstreamOnline...

• Teh-Hu returns

  Hong Kong-based owner is back in the newbuilding game after five years with capesize deal at South Korea’s Sungdong. Read more: RSS for Tradewinds, Dry Cargo...

• TTA scraps

  Ageing bulker sent to the breakers’ beaches in $2.43m deal, Thai owner says. Read more: RSS for Tradewinds, Dry Cargo...

• Iron ore find

  Chinese mills given fresh boost in iron ore talks following find, analysts claim. Read more: RSS for Tradewinds, Dry Cargo...

• New Rolls-Royce Vessels for Island Offshore

  Rolls-Royce has won an order to design and equip two diesel electric UT 776 CD offshore service vessels for leading offshore ship owner, Island Offshore. The vesselsRead more: MarineLink - Offshore News...

• Korea's Hyundai Steel to sell heavy steel plate for shipbuilding

  Seoul: Certified by Korean Register, ClassNK and Germanischer Lloyd, Korea's Hyundai Steel plans to sell heavy steel plate for shipbuilding in the second quarter of 2010. According to the company, its heavy plate production next year may reach 1.05 m...

• Green light for Vinashin bonds issue

  Hanoi: Government shows green light for Vietnam Shipbuilding Industry Group, the state-owned company known as Vinashin to sell $600 million of bonds overseas to fund construction of new ships. Vinashin plans to raise between $400 million and US$600 mil...

• Michigan Appeals To U.S. Supreme Court To Block Fish Invasion; 'Now Is The Time'

  Read more: UnderwaterTimes.com - Fish news...

• American catfish farmers want Vietnamese catfish to be called catfish

  Read more: UnderwaterTimes.com - Fish news...

• Tokyo Gas for Hitachi LNG terminal

  Tokyo: According to Bloomberg reports Japan’s largest natural gas distributor, Tokyo Gas Co. is high with the plans for an import terminal for liquefied natural gas in Hitachi city, Ibaraki prefecture, to the north of Tokyo. Commercial operations at ...

• Hyundi Mipo tweaks orderbook following Glencore-Omega joint venture

  Hyundai Mipo (pictured) has seen a shift in its orderbook as the result of a new 50/50 joint venture named...Read more: Shipbuilding News...

• Shipbuilders Feared to Shed Jobs

  South Korea has remained the world's largest ship maker this year, but concerns are mounting that a number of medium-...Read more: Shipbuilding News...

• STX shipyard set to be torpedoed

  Khanh Hoa province could sink the $500 million STX shipyard project this month if the investor failed to signal whether...Read more: Shipbuilding News...

• Home Prices, Confidence Probably Firmed: U.S. Economy Preview

  The plunge in U.S. home prices probably eased further and consumer confidence climbed, giving the economy a lift heading into 2010, economists said before reports this week.Read more: Latest News...

• Firm scrap, iron ore underpin Black Sea billet

  Rising prices of steelmaking ingredients scrap and iron ore continued to buoy steel billet prices in the Black Sea region this week, but tonnages have dropped as trading thinned due to holidays.Read more: Latest News...

• Vinashin plans $600 million bond sale for new ships

  Vietnam Shipbuilding Industry Group, the state-owned company known as Vinashin, won government approval to sell as much as $600 million of bonds overseas to fund construction of new ships.Read more: Latest News...

• Topaz offloads vessel to Mermaid

  Dubai-based Topaz Energy and Marine has sold its offshore support vessel Team Siam to Thailand-based Mermaid Offshore Services for $29.5 million. Read more: UpstreamOnline...

• AED ready to rumble in Brunei

  Australian independent AED Oil is gearing up for a drilling programme in Brunei after sealing a deal to buy a stake in a block which lies 20 kilometres from the billion barrel Seria oil and gas field. Read more: UpstreamOnline...

• Oil hits four week high over $78

  Crude hit a four-week high above $78 today in thin trading, extending gains into a fourth day, buoyed by signs of an economic recovery in the US and large declines in US crude inventories. Read more: UpstreamOnline...

• China says ship crew rescued from Somali pirates

  Beijing: According to the Chinese foreign ministry, the Chinese ship hijacked by Somali pirates in mid-October has been safely rescued. The pirate succeeded in the mission when De Xin Hai, owned by a unit of China Ocean Shipping or COSCO, was carrying co...