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French oil major Total, announced that their well intervention efforts at the North Sea Elgin complex were successful in finally halting the flow of gas from

Siemens, through their Siemens Drive Technologies Division, says it has been awarded a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to

SINGAPORE (Dow Jones)–Western sanctions against Iran are becoming a major headache for European and other shipping companies whose vessels refuel in

EUNAVFOR – Earlier today, following the decision taken on 23 March 2012by the Council of the European Union to allow the EU Naval Force to take

The Atlantic Wind Connection offshore wind transmission line cleared a major regulatory hurdle Monday as the Department of Interior declared there to be no

Seadrill Ltd.’s (SDRL, SDRL.OS) first-quarter earnings slumped 53% over a year-earlier period, boosted by the sale of its Seawell subsidiary, masking

A sudden blast aboard an MSC containership off the coast of Puerto Rico forced crew to spring into action to stem the influx of water and stabilize the vessel,

The ULSTEIN designed platform supply vessel ‘CBO Pacifico’ left the Estaleiro Alianca yard on May, 10 2012 and went straight into contract for

LONDON (Dow Jones)–Glencore International PLC (GLEN.LN) will ship 2 million barrels of North Sea Forties crude to South Korea, bringing the total volume

SINGAPORE (Dow Jones)–Shipping Corp. of India Ltd. (523598.BY), India’s largest shipping company by fleet size, doesn’t expect any

ADELAIDE, Australia (Dow Jones)–Saudi Arabia would like the price of benchmark Brent crude oil to fall to US$100 a barrel, and expects global crude

HONG KONG (Dow Jones)–China Rongsheng Heavy Industries Group Holdings (1101.HK) has secured orders to construct offshore rigs for an overseas company,

The UK P&I Club has announced that legislation has been passed in Indonesia which purports to place a ban on the expert of minerals from Indonesian ports,

In response to a letter sent by Dockwise on Wednesday, Fairstar’s CEO Philip Adkins sends back a heated response… Dockwise FAO: Mr P Wit and FAO:

Ocean Rig’s ultra deepwater drillship OCEAN RIG OLYMPIA Nicosia, Cyprus – Ocean Rig UDW Inc. (NASDAQ:ORIG) a global deepwater drilling contractor,

Details of Thursday’s hijacking in the Arabian Sea of the MT Smyrni are starting to trickle in, including information about the vessel and its crew. 

PARIS (Dow Jones)–Total SA (TOT) Friday said it has everything ready to “kill” a leaking gas well in the North Sea. “We could carry

COPENHAGEN (Dow Jones)–The port-operating arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), APM Terminals, will invest over

(Dow Jones) Standard & Poor’s Ratings Services lowered its rating outlook on Navios Maritime Acquisition Corp. (NNA) to negative from stable,

SANTIAGO -(Dow Jones)- Chilean shipper Compania Sudamericana de Vapores SA‘s (VAPORES.SN) first-quarter loss widened to $205 million compared with a