Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana.The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days.On track for first oil later this year…

Veson Nautical (Veson), a maritime freight management solutions provider, said Tuesday it planned to acquire vessel valuation provider VesselsValue. Founded in 2011, VesselsValue now has a database of more than 81,500 vessels and provides daily updated…

Chinese warplanes and navy ships were still in the waters around Taiwan, the island's defense ministry said on Tuesday after the end of three days of war games, as Taiwan President Tsai Ing-wen criticized Beijing for its "irresponsible" behavior.China…

The Italian coast guard is carrying out operations to rescue two boats carrying a total of 1,200 people, it said on Monday, after a surge in the number of migrants crossing the Mediterranean from North Africa over the weekend. One of the boats…