Bollinger Shipyards in Lockport, Louisiana will be staying busy until at least 2017 following today’s award from the U.S. Coast Guard for an additional

Keppel Corporation Ltd , the world's largest builder of jackup rigs, reported on Thursday a 17 percent increase in its second-quarter net profit, propelled by

By Tara Patel July 24 (Bloomberg) — Technip SA, Europe’s largest oilfield-services provider by market value, warned that energy companies are

Rather than go through the costly process of the 15-year special survey, Frontline has agreed to sell three of their 1999-built VLCCs, Front Opalia, Front

Rates for capesize bulk carriers on key Asian routes could remain flat or show marginal improvement next week as ship owners resist attempts by cargo owners to

Here's the view of the Costa Concordia under tow from an aerial drone.

Frigstad Offshore’s Kan Tan IV semi-submersible drilling rig spud in today offshore New Zealand according to an exchange filing. The rig has been working

As Typhoon Matmo struck Taiwan on Wednesday, the Belize-flagged product tanker Sheng Chang became stranded on a beach near the port of Kaohsiung, Taiwan.

The first of new lock gates for the expanded Panama Canal have been transferred to the lock complex on the Atlantic side, marking another milestone in the $5

Track the Costa Concordia's progress here using this live AIS map courtesy

Tugboat deckhands at Australia’s Port Hedland approved industrial action for a second time this year amid a dispute over leave and wages, risking disruption

The Chairman of the Board at Saga Tankers, Mr. Øystein Stray Spetalen has decided to shift some assets around between his solely-owned investment firm

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two

The operation to refloat the Costa Concordia has been completed, marking the end of the latest phase of the largest maritime salvage in history.

With the departure of the Costa Concordia from Giglio scheduled for Wednesday morning, environmental activists plan follow along with the convoy as it travels

Melting Arctic ice is widening a path for ships to deliver European oil to Asia, stoking South Korea’s ambition to become a regional storage and trading

She was once the FPSO Xikomba, and prior to that she was known as the tanker Mosocean, and prior still as ESSO Bonn, a crude oil tanker owned by Exxon.

Here is some undated footage showing the out-of-control tug Psalm 1 slamming into a dock... and then two other moored

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its

The Costa Concordia shipwreck has reached its final towing draft, thus completing the refloating phase of the largest maritime salvage in