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Cuts in manning levels and burgeoning paperwork loads are increasing the risk of maritime accidents worldwide, says a group of U.S. maritime unions. At a time

HOUSTON (Dow Jones)–After deep self-examination following the April 2010 Deepwater Horizon oil spill, BP PLC (BP, BP.LN) decided not to leave the Gulf of

Norway’s Petroleum Safety Authority (PSA) has issued an order to Transocean Inc. to improve maintenance oversight after the authority carried out an

ConocoPhillips announced Monday that, through its affiliate ConocoPhillips China Inc. (COPC) and the China National Offshore Oil Corp. (CNOOC), it has reached

LONDON (Dow Jones)–Two cargoes of Nigerian Usan crude have been delayed from May to June, traders told Dow Jones Newswires Monday. The Total

DOF announced today that they have signed a NOK 225 million contract with Apache Energy Limited for the use of the anchor handling tug supply vessel, Skandi

Norwegian shipowner, Eidesvik, has entered into sales agreements of USD $64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas

Hamilton, Bermuda – Seadrill continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water

The Arctic has large oil and gas resources and operations in this sensitive and harsh area will require efficient oil-spill preparedness solutions. “The

By Hyundai Heavy Industries As the fuel consumption efficiency of a ship is becoming a primary concern for shipowners, the length of the hull and the operating

  SHANGHAI (Dow Jones)–China Cosco Holdings Ltd. (1919.HK) said Thursday that its net loss widened in the first quarter as its dry-bulk shipping

Houston-based offshore drilling contractor, Atwood Oceanics, announced today that one of its subsidiaries has been awarded a drilling services contract by a

By Doug Helton, National Oceanic and Atmospheric Administration (NOAA) For the past year, we at NOAA and the U.S. Coast Guard have been studying the possible

In a safety first for Aberdeen based diving contractors, Helix Well Ops UK successfully completed a dress-rehearsal of a saturation diver evacuation using a

In response to their continued global expansion, American Bureau of Shipping (ABS) has strengthened its executive leadership team with the election of Tony

– By Captain Rich Madden It’s 0-dark-30 somewhere in the Gulf of Aden and we are Eastbound in the Internationally Recommended Transit Corridor

Costamare Inc. (NYSE: CMRE), an Athens-based owner and charterer of containerships announced today that it has agreed to sell two 1984-built containerships,

Baltic Marine Group installs ground breaking Simrad Argus Radar on Baltic Workboats passenger vessel. The Simrad HSC ARGUS is to be the latest system from the

The following is the summary of global piracy for the week of 19-25 April and weekly piracy warning, via Office of Naval Intelligence. YEMEN: Fishing vessel

LONDON -(Dow Jones)- Repairs are complete at Nexen Inc.’s (NXY) Buzzard oil field in the North Sea, shut since Saturday after an incident, the