Seadrill announced today that they have entered into a Heads of Agreement (HoA) with Songa Offshore for the potential purchase of the ultra deepwater

FMC Technologies, Inc. (NYSE: FTI) announced today that it has formed a joint venture with Louisiana-based Edison Chouest Offshore that will provide

BUENOS AIRES–Argentina has decided to evacuate the crew of the naval training ship ARA Libertad, which has been detained in a port in Ghana since Oct. 2

LONDON–An oil-services helicopter crashed into the North Sea Monday with 19 people on board, the U.K. coastguard and the operating company said Monday.

In a deal which has been anticipated for much of 2012, Rolls-Royce, announced today that they have won the contract to power the U.S. Navy’s future fleet

(Bloomberg) — Overseas Shipholding Group Inc.’s bonds and stocks plunged after the largest U.S. tanker company said in a regulatory filing

(Bloomberg) — Somalia piracy attacks against merchant shipping fell to the lowest in six years in the third quarter as armed guards on vessels

Jiangsu Zhenjiang Shipyard recently launched the 84.8m SEALINK 179, an ABS-classed Multi-Purpose, Anchor Handling Supply Vessel (MPAHSV) built for Sealink

On October 19th, a launching ceremony of a RST27 Project Tanker Product-Carrier took place at Ukraine’s Kherson Shipyard (KSY), a division of Smart

Wärtsilä Ship Design announced today that they have come up with a new Aframax tanker design concept that they believe will provide  higher fuel

JERUSALEM–The partners in Israel’s large offshore Leviathan natural gas reserve confirmed Monday that they have approached

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. jumped by a record in Hong Kong trading as a new manager and an order to build a

(Bloomberg) — Somalia piracy attacks against merchant shipping fell to the lowest in six years in the third quarter as armed guards on vessels and

Nearly two years after being hijacked by Somali pirates in the Indian Ocean, the M/V Orna has been released. However, only 13 of its 19 crew members have been

On Saturday, The National Shipping Company of Saudi Arabia, Bahri, announced that it had closed a merger agreement worth upwards of USD $1.3 billion with

ABB recently delivered four Azipod C propulsion systems for the Blue Ocean II Wind Turbine Installation Vessel built by Samsung Shipyard in Korea. This is a

On 17 October, a naming and delivery ceremony was held at Namura Shipbuilding Co. for the Shagang Sunshine, a new 250,000 DWT, WOZMAX ore carrier.  This is

Herdon, Virginia — U.S. Navy Rear Admiral (Ret.) Terence E. “Terry” McKnight, the pioneering U.S. Commander of Task Force 151 off the coast

BUENOS AIRES–Argentina’s government pledged on Friday to exhaust all legal measures to free a navy training ship detained in Ghana at the request

Seadrill Partners opened at $24 on the New York Stock Exchange, up 9.1% from its offer price of $22. The company’s initial public offering of 8.75