OSM Maritime Group and Thome Group have agreed to a merger that will create one of the world's largest ship management companies.The combined company OSM Thome will be headquartered in Arendal, Norway, with technical management hubs maintained in Singapore and Europe.

Naval architecture and marine engineering firm Bristol Harbor Group, Inc. (BHGI) announced the promotion of two members of its team, Ian M. Lawson, P.E. and Teri L. LaForest, P.E.Upon earning his Professional Engineer License in Rhode Island, Lawson has been promoted to Senior Naval Architect.

At least one liquefied natural gas (LNG) vessel gave up on Freeport LNG's export plant in Texas by Thursday after a growing number of analysts and other sources said the facility would likely not exit its seven-month outage until February or later.The Wilforce vessel…

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended losses on Thursday to a fresh two-and-a-half-year low, pressured by a dip in rates for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping