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A newly proposed LNG articulated tug and barge re-gasification vessel facilitates the use of cleaner burning fuel HOUSTON – ABS, the leading provider of

STX OSV announced today that Norwegian offshore vessel owner, Siem Offshore has declared options for the design and construction of two additional Offshore

Increasing numbers of main engine failures and blackouts have led some organizations to investigate the problem. Leading the charge is the UK P&I Club,

(Bloomberg) — Mitt Romney, vowing to expand the Navy, said the U.S. has fewer warships now than in 1916. Back then, a battleship’s main guns had a

By Gabe Collins and Andrew Erickson Now that the People’s Liberation Army Navy (PLAN) has commissioned its first aircraft carrier and may be looking to

Maersk Line, the world’s largest container shipping company by volume, has ended port calls to Iran saying that the company’s limited business in

HONG KONG—Concerns over long work hours for ferry crews after last week’s deadly crash highlight the difficulty in this Chinese city of attracting

By Julian E. Barnes After a campaign that has been largely free of debate over military policy, Republican candidate Mitt Romney this week laid out a few new

(Bloomberg) — European sanctions on buying oil from Iran are turning into a windfall for owners of Suezmax tankers, shipping the most cargoes in at least

LONDON–The Greek operator of a tanker hijacked over the weekend from the waters around the Ivory Coast said Tuesday that the vessel had been released and

(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new

Oceaneering International, Inc. (NYSE:OII) announced today that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea

Japan’s Mitsubishi Heavy Industries says that it has successfully installed its innovative “Mitsubishi Air Lubrication System” (MALS) for the

With scores of Chinese shipbuilders struggling to stay afloat, some have been forced to diversify their offerings and look to adjacent markets for even the

Iran’s oil platforms have been targeted by cyber attack by Israel and other nations but their operations have not been affected, an Iranian state oil

A Greek-operated gasoline tanker went missing along with its crew and cargo from the waters around Ivory Coast over the weekend, the vessel’s Greek

BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65

The world’s largest wind turbine installation vessel, the 14,739 DWT MPI Adventure, strolled into the Port of Tyne in the UK on Thursday to pick up

MEXICO CITY–Mexican state oil monopoly Petroleos Mexicanos, or Pemex, has found a second big crude-oil deposit in the deep waters of the Gulf of Mexico,

(Bloomberg) — Petroleos Mexicanos, the world’s fourth-largest crude producer, found a new ultra-deepwater field with about 200 million barrels of