By Mikael Holter (Bloomberg) — Russian oil companies OAO Rosneft and Lukoil PJSC were among 26 explorers to apply for blocks in Norway’s new licensing

The International Maritime Organization, along with the aviation industry’s ICAO, have been mocked with the satirical “Fossil of the Day” by

By Keith Wallis SINGAPORE, Dec 4 (Reuters) – Freight rates in Asian trades for very large crude carriers (VLCCs) are likely to remain firm as vessel

Dec 4 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell for the third

By Mike Wackett (TheLoadStar) Since the launch of its vessel upgrade programme in 2011, with the conversion of 17 of its S Class 8,200 teu ships to 9,600

By Naomi Christie and Manisha Jha (Bloomberg) — Oil tanker rates soared to the highest in seven years amid an acceleration in the number of bookings and

By San Whelan & Gavin van Marle (TheLoadstar) LONDON – The imminent enforcement of mandatory container weight verification is causing widespread

HOUSTON (Reuters) – A backlog of tankers waiting to unload around Venezuela has built up, even though a crude cargo from France’s Total and another

By Mikael Holter (Bloomberg) — Norway is holding talks with Russia on rules for seismic studies of oil and gas fields on each side of their maritime

Federal prosecutors dropped manslaughter charges against BP’s two top employees on the Transocean oil rig Deepwater Horizon that blew up in 2010, the

Today’s Ship Photo Of The Day shows the Korean Amphibious Ship (LST) Sungoonbang unloading a Republic of Korea Type 88 K1 Main Battle Tank during a 2004

By Greg Torode and Manuel Mogato (Reuters) HONG KONG/MANILA – When an international court ruled in late October that it had jurisdiction to hear a case

Fugro will be providing an additional vessel in the search for missing flight MH370 in the southern Indian Ocean. The vessel, the 93-meter Havila Harmony, is

By Joyce Koh (Bloomberg) — CMA CGM SA, the world’s No. 3 container shipping company, is in talks with lenders to finance its potential takeover bid for

by Mikael Holter (Bloomberg) Transocean Ltd., the biggest offshore-rig operator, won a contract to drill four wells off Norway for Det Norske Oljeselskap ASA

Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest

The Pacific Ocean is warm. Very warm. Last week, NOAA‘s U.S. Climate Prediction Center announced temperatures reached 3 degrees Celsius

BY JU-MIN PARK AND KAORI KANEKO (Reuters) Fishing boats carrying decomposed corpses have washed ashore in Japan in recent weeks, leading to speculation

By Jonathan Saul and Ole Petter Skonnord (Reuters) LONDON/OSLO Norwegian companies that provide supply ships and drilling rigs to the global oil industry face