Steel-Cutting Commences for Shell’s Offshore Monstrosity…the Prelude FLNG Facility
LONDON–Royal Dutch Shell PLC (RDSA) said Thursday that major construction had begun on the world’s first floating vessel that will use new
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LONDON–Royal Dutch Shell PLC (RDSA) said Thursday that major construction had begun on the world’s first floating vessel that will use new
Reflecting its renewed competitiveness in the international market for small and medium-sized commercial vessels, Austal announced today that they have
SINGAPORE–Keppel Corp. (BN4.SG) Thursday said third-quarter net profit fell 14.7% from a year earlier as a rise in costs outpaced revenue growth. Net
(Bloomberg) The Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices
Can Ore Ships Be Converted To LNG Carriers? TMT Co., the Taiwanese ship operator run by Nobu Su, said it may convert four very large ore carriers into
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial keel laying today for
Game, set and match to Rosneft. The state-owned Russian oil giant (ROSN.RS) is poised to secure 100% of TNK-BP (TNBP.RS), the oil company now jointly
7 crewmembers from a Bourbon Offshore AHTS have been kidnapped off the coast of Nigeria, the French offshore services company confirmed Wednesday. Bourbon say
2013 is set to be the biggest year ever for containership deliveries, according to shipbroking firm Braemar Seascope. In Braemar’s latest Quarterly
RIO DE JANEIRO–Brazilian businessman Eike Batista will buy $500 million in shares of shipbuilding and oilfield services company OSX Brasil S/A (OSXB3.BR)
On July 14, 2012, the MSC Flaminia was on a routine voyage from Charleston, USA to Bremerhaven, Germany, when a massive explosion crippled the ship. Of the 22
SHENZHEN–Shipping giant China Cosco Holdings Co. (1919.HK, 601919.SH) is teaming up with its Shanghai-based archrival to jointly operate major domestic
by Will Watson The scourge of piracy has affected the maritime industry in many ways and one significant change; Piracy now plays a much larger role in
by LT Stephanie Young, USCG A dense fog bank formed several hundred yards west of the Golden Gate Bridge. The tanker Arizona Standard was inbound en route to
(Bloomberg) — A Chinese fisherman died from injuries sustained in a South Korean coast guard raid after his vessel entered South Korean waters in the
Volatility in crude oil prices in recent months has made an impact on the offshore development. To learn about the causes of this market volatility, as well as
Well this is a timely trial… The Prestige was a single-hulled Liberian-owned oil tanker, operating under a Bahamian flag, which sank off the coast of
LONDON–The U.S. and the European Union are looking to close loopholes in sanctions designed to impede Iran’s oil exports after it emerged that
A fuel-shipping firm backed by Blackstone Group LP (BX) has ordered two $130-million tankers from a San Diego shipyard, but there is a catch: the firm
Dutch heavy lift operator Dockwise announced today that it has been awarded 10 new contracts and contract extensions for the mobilization of six drilling rigs,
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