MELBOURNE (Dow Jones)–The U.S. Navy has ordered two more Joint High Speed Vessels from Australian shipbuilder Austal Ltd. (ASB.AU) as part of a

Summary of Worldwide Crime and Piracy, week of 22 June 2011 (Source: ONI) GULF OF GUINEA: A chemical tanker was hijacked 26 June at 0245 UTC off of Cotonou,

WASHINGTON -(Dow Jones)- The Interior Department is asking Congress to increase fines for oil and natural gas companies that break offshore drilling laws, with

Photo courtesy Robert Allan Ltd. IRSHAD, a joint venture between ADNOC and Lamnalco, have taken delivery of their latest high-performance terminal

DOHA — Qatar, the Persian Gulf emirate that is the world’s largest exporter of liquefied natural gas, is poised for a sharp rise in the value and

RIO DE JANEIRO (Dow Jones)–Cargo handling capacity at Brazil’s ports is set to rise to 1 billion metric tons a year in late 2012 or early 2013,

Confidence dips to two-year low as concern mounts over rising fuel costs and overtonnaging The latest Shipping confidence survey from accountant and shipping

SINGAPORE (Dow Jones)–Singapore-listed Ezra Holdings Ltd. (5DN.SG) is due to ship a large offshore floating oil production unit to Vietnam this week,

HMAS Manoora via Wikimedia Commons Have you ever dreamed of owning a Kanimbla class Landing Platform Amphibious ship?  Well today, Australian Minister of

MPI Resolution courtesy MPI Offshore This week’s interesting ships are MPI Offshore’s MPI Discovery and MPI Adventure, two state-of-the-art

Ok folks, gCaptain was once again in another crossing situation with a tanker this past weekend.  We seem to be pretty good at finding ourselves in these

Mr. Koji Sekimizu of Japan has been elected as the Secretary-General of the International Maritime Organization (IMO), with effect from January 1, 2012, for an

LONDON (Dow Jones)–Two oil tankers have been booked for use as floating storage vessels off the U.S. Gulf Coast this month, shipping brokers told Dow

SYDNEY (Dow Jones)–China’s expanding military reach is fuelling the risk of war on Asia’s seas as governments in the region tussle over

Image by Lou Vest SINGAPORE (Dow Jones)–The Asia crude tanker market is slowing, with increased vessel availability from mid-July, but healthy gasoline

COPENHAGEN (Dow Jones)–Danish Maersk Line, the world’s largest container shipping company, has no intention of exercising an option that would

RIO DE JANEIRO (Dow Jones)–Brazilian oil-field services company OSX Brasil SA (OSXB3.BR) said Monday that it had received approval to start construction

NEW YORK (Dow Jones)–The U.S. government has withdrawn its blanket waiver from the Jones Act, which would have allowed foreign vessels to ship crude oil

SBM Offshore has been awarded a contract from the “TSC” Consortium (made up of Technip and Samsung Heavy Industries) for the engineering,

Today, Maersk Line announced that it has exercised its option with South Korea’s Daewoo Shipbuilding (DSME) for ten additional “Triple-E”