KONGSBERG is introducing a new concept designed to enhance safety and efficiency for multi vessel seismic surveys at SEG Las Vegas 2012 (Booth #2106). By

Last week US Fab, a Vigor Industrial company, won the contract to build American Construction Co., Inc.’s newest vessel, a 242’ x 54’, 

(Bloomberg) — Charter rates rose for the largest tankers hauling Middle East oil to Asia on the industry’s busiest trade route as the supply of

Update: The Times of India has reported that the five sailors died of asphyxiation as a result of the gas leak. Original: Five crew members of an

Germany’s TUI Cruises confirmed Monday that the company has ordered a second 2,500 passenger cruise ship from STX Finland. The 99,300 GRT cruise ship

(Bloomberg) — Oil-tanker rates have jumped for vessels hauling refined fuel cargoes from the Caribbean and Europe on strengthening export volumes from

SINGAPORE–Sembcorp Marine Ltd. (S51.SG) Monday reported a 48.1% fall in its third quarter net profit as revenue fell due to lower recognition of rig

Transocean Ltd.’s (RIG, RIGN.VX) third-quarter loss widened as asset impairment and other items masked the offshore-drilling company’s revenue

Athens-based ship owners, Alpha Tankers and Freighters International, have chosen MAN Diesel and Turbo dual-fuel engines for two 160,000 m³ LNG carriers

KUALA LUMPUR–SapuraKencana Petroleum Bhd. (5218.KU) plans to acquire the tender rigs business of Norway’s SeaDrill Ltd. (SDRL.OS) for an

Over the past few days it was unclear whether or not the US Navy would be officially tasked to provide disaster relief to New York and New Jersey.  It

Italian news company Corriere reported today a boat carrying Libyan migrants capsized in the Mediterranean Sea on Saturday while enroute to Lampedusa, an

(Bloomberg) — President Barack Obama and the governors of New York and New Jersey took steps to ease the misery of motorists waiting in miles-long lines

(Bloomberg) — Tankers able to deliver almost 215,000 metric tons of gasoline are waiting outside New York Harbor to unload their cargoes after the worst

WASHINGTON – Two German shipping companies pleaded guilty today in federal court in Houston to criminal charges that they concealed the illegal dumping

Sandy-related troubles at the Port of New York and New Jersey are forcing carriers to divert their ships to other ports, disrupting the supply flow for

VIA NOAA COAST SURVEY NOAA Office of Coast Survey navigation response teams and other survey assets continue to survey in the Port of New York / New Jersey,

US Department of Homeland Security Secretary Janet Napolitano has issued a Jones Act waiver to allow foreign-flagged ships from the Gulf of Mexico into ports

A tanker grounding in India turned fatal on Wednesday after a lifeboat capsized in heavy surf  and now many are wondering why the Coast Guard wasn’t

Rear Adm. Steven Ratti, the Coast Guard 5th District commander, ordered a district formal investigation Thursday to determine the cause of the sinking of the