If it looks like a deal that’s too good to be true, it likely is, especially if it involves reflagging unregistered ships.  The following is a report by

Because they just won $4 Billion in contracts for three of their rigs, two of which haven’t even been built yet… The combined 3 rig package

Seadrill has again specified Rolls-Royce thrusters for three drillships to be built by Samsung in Korea. Each vessel will be equipped with six azimuth

Harmony Cruise, Korea’s newest cruise operator, has chosen Wilhelmsen Ships Service (WSS) to provide ships agency services at ports on its Japan

While Cnooc Ltd.’s (CEO, 0883.HK) $15.1-billion takeover offer for Nexen Inc. (NXY.T, NXY) would give the Chinese energy producer operational control of

HOUSTON–U.S. regulators are testing how a spill-fighting consortium of international oil companies would respond to the worst-case scenario: a well

Technip has entered a long-term charter agreement for a new build offshore construction vessel with North Sea Shipping. The charter will be for a period of

WASHINGTON, DC – U.S. Representatives Elijah E. Cummings (D, MD-07) and Jeff Landry (R, LA-03) today introduced the Saving Essential American Sailors

New film chronicles the life death and resurrection of historic ship Once Upon A Nuclear Ship, a new documentary by filmmaker Thomas Michael Conner, tells the

(Bloomberg) — A glut of the biggest oil tankers in the Persian Gulf expanded, a Bloomberg survey showed, adding to pressure on owners facing returns near

From 1 January 2013, all ships over 400GT on international voyages will be required to carry a Ship Energy Efficiency Management Plan (SEEMP), detailing the

The Port of Seattle’s Terminal 18, run by SSA Terminals, will have three more Super Post Panamax cranes, allowing it to handle the largest container

The fire onboard the MSC Flaminia that has been burning for over a week has been contained, according to salvage experts from SMIT Salvage.  The announcement

LONDON-(Dow Jones)- The Nigerian National Assembly will make a decision on whether to impose a $5 billion fine on Royal Dutch Shell SA’s Nigerian

SINGAPORE–Keppel Corp. Ltd. (BN4.SG) said Monday that its shipyard unit has secured three conversion contracts totaling S$103 million. The contracts are

(Bloomberg) — Nigeria, Africa’s largest oil producer, plans to increase exports of Akpo crude to six cargoes of 1 million barrels each in

(Bloomberg) — The biggest collapse in European demand for liquefied natural gas in at least 12 years and record Asian imports are sending fuel cargoes an

On July 18th in the Gulf of Aden, the three Head Honchos of international piracy deterrence met face-to-face to swap sea stories and discuss some

HOUSTON–A federal safety agency has determined that the offshore-drilling industry is relying on the wrong data in its quest to prevent major accidents

Representing nearly 80% of the world’s merchant fleet, the International Chamber of Shipping (ICS) on Monday called on the International Maritime