(Bloomberg) — Nils S. Andersen, chief executive officer of A.P. Moeller-Maersk A/S, talks about second-quarter profit reported today and the outlook for

Arctech said Wednesday that it plans to deliver the harsh-environment offshore supply vessel Vitus Bering four months ahead of schedule at the request of

Seattle-based Jensen Maritime Consultants, a Crowley Maritime Corporation company, announced today that it has expanded its presence to the U.S. Gulf with

BP Plc is seeking as much as $7.9 billion before tax payments for a group of Gulf of Mexico oilfields as it unloads assets following its 2010 spill in

LONDON–The short window for Royal Dutch Shell PLC (RDSB.LN) to drill exploratory wells off Alaska’s Arctic coast is rapidly narrowing as the

Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announced a stock transaction today. The two companies will create an unparalleled platform for

Louisiana-based Harvey Gulf International Marine announced to reporters recently that it has signed long term charters for 3 of its LNG powered offshore supply

CANBERRA–Chevron Corp. (CVX) is unlikely to seek protection against swings in the Australian dollar that have intensified cost pressures at its flagship

Located 4000 meters off the northern Portuguese shoreline in approximately 50 meters of water, a pioneering piece of floating machinery is delivering up to 2MW

Scheldepoort Repair & Conversion Yard has been awarded a contract to convert the jack-up drilling rig ‘Shelf Explorer’ into offshore hotel

(Bloomberg) — Growth in Hamburg is stalling as Europe’s fiscal crisis spreads into China and other Asian countries, threatening the recovery of

Houston-based Diamond Offshore (NYSE:DO) announced Tuesday that a subsidiary has ordered a moored semi-submersible rig from Singapore’s Jurong Shipyard

I started to see this “letter” supposedly written by the leader of a Somali Pirate Action Group (PAG) pop up on a few of my regular slapstick humor

Vancouver-based naval architecture firm Robert Allan Ltd announced today the delivery of the Al Fenci and Al Durrah, the first two new RAmparts 3200 tugs, to

The wreck removal of the infamous Costa Concordia is going to take longer than expected, officials in Italy announced this week. On Monday the Department of

Petrobras has awarded a more than $900 million contract to OSX to integrate two floating production units, with the option for a third. RIO DE

(Bloomberg) — A surplus of oil tankers seeking cargoes in the Persian Gulf expanded, curbing an advance in charter rates for the vessels. There are 20

Nigeria’s oil spill agency said it wants Chevron Corp., the world’s fourth-largest energy company, to pay a $3 billion penalty for a rig explosion

Controlling rougly 40 percent of the global container trade, the Germans are a superpower in the world of shipping, however that may be coming to an abrupt

SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as