Post World War II, warships began to experiment with a system called Prairie-Masker which expelled bubbles through the hull and propellor blade tips in an

MOSCOW–Russia’s sea ports handled a total of 271.3 million metric tons of cargo in January-June, 5.4% more than in January-June 2011, according to

SINGAPORE–Rig builder Keppel Corp. (BN4.SG) said Wednesday that its Keppel FELS Brasil unit has secured a floating production storage and offloading

HOUSTON – Atwood Oceanics Inc. (NYSE: ATW), announced today that one of its subsidiaries has been awarded a twelve-month contract extension with an

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will

July 11, 2012– Chenega Federal UK Ltd announced today the launch of Open Ocean, its intelligence led, integrated maritime security service. Led by a

(Bloomberg) — More than 15 miles offshore Singapore a black-and-red hulled tanker has been stranded for about 150 days holding South Sudanese crude worth

A consortium led by Keppel Kazakhstan and partner Ersai Caspian Contractor said Tuesday that they have secured a contract from a subsidiary of

International classification society Bureau Veritas has put in place a completely new IT-based certification and ship status system aimed at reducing the

The three new 64-car, 750 passenger ferries constructed by US Fab, a Vigor Industrial new-build subsidiary won the regional “Under Budget, Large

(Bloomberg) — Royal Dutch Shell Plc should be barred from drilling in the Beaufort and Chukchi seas because its oil-spill plans are inadequate,

Newly established marine support and logistics joint venture, Smit Lamnalco, has recently played a pivotal role in bringing two export projects to fruition

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance

IRVING, Texas- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started

LONDON–Royal Dutch Shell PLC’s (RDSB.LN) controversial plan to drill for oil in waters off Alaska’s Arctic coast faces delays as the company

On June 30, Linden Pride, an NYK-owned LPG carrier rescued four Chinese fishermen in the vicinity of a fishing trawler sinking in the South China Sea. Linden

(Bloomberg) — Oil fell after Norway ended a strike that threatened to halt output by western Europe’s largest crude exporter and as China reduced

(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity

(Bloomberg) — Norway’s government ended a 16-day dispute between offshore oil and gas workers and their employers, averting a lockout that had

RIO DE JANEIRO–Brazilian state oil and gas producer Petroleo Brasileiro S/A (PBR. PETR4.BR), or Petrobras, took delivery Monday of a third oil tanker