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http://www.youtube.com/watch?v=iezL5yzHpMI (Dow Jones) Chevron Corp. (CVX) said Tuesday its oil and gas production will inch up this year but it expects output

The death toll from Tuesday’s ferry disaster in Bangladesh continues to rise as rescuers were able to recover more and more bodies from the crowded MV

RIO DE JANEIRO (Dow Jones)–Brazil’s offshore oil industry could tap $1.1 billion in funding for research and development in 2012 to meet the

Fans of bad TV from the 70’s and 80’s are shedding a tear today on news that one of the world’s most famous ships, the M/V Pacific, has been

TBS International PLC (TBSIQ) responded to shareholder objections of its Chapter 11 plan Monday, saying this restructuring is its only option to avoid

For the first time, a Damen Fast Crew Supplier 1605 will be built in Ecuador by Astilleros Navales Ecuatorianos (ASTINAVE) Shipyard. Damen is supplying the

Press Release – Wilhelmsen Ships Service (WSS) has reported year-on-year growth in South East Asia – despite what WSS Area Director Niall Denholm

Brazilian oil regulators will not allow U.S. oil major Chevron to resume offshore drilling because the company has not proved that the risk of accidents has

A Reformed Pirate Tells his Story By Abdihakim Warsame, Somalia Report Youth are a largely curious and impressionable lot who are prone towards the more

MIAMI — The crew of the Coast Guard Cutter Northland interdicted 3,532 pounds of cocaine from a 35-foot go-fast vessel in the Caribbean Sea March 3.

THE WOODLANDS, Texas (Dow Jones)–Anadarko Petroleum Corp. (APC) expects natural gas prices to rebound significantly from their current depressed status

SINGAPORE (Dow Jones)–Indonesia’s Berlian Laju Tanker (B66.SG) said Tuesday it had obtained an order in the High Court of Singapore that prevents

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) on Tuesday said it has secured a US$385.5 million order to build a semisubmersible well intervention

Police from the Indian state of Kerala on Monday arrested Gordon Charles Pereira, captain of the Singapore-flagged bulk-carrier M/V Prabhu Daya that was

SHANGHAI (Dow Jones)–China aims to increase annual sales by domestic shipbuilders to CNY1.2 trillion (US$189.7 billion) by 2015 as it works toward its

HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) said Monday it expects trading conditions in 2012 to remain tough as high fuel costs

RIO DE JANEIRO (Dow Jones)–Brazilian oil field services company OSX Brasil S/A (OSXB3.BR), part of Brazilian businessman Eike Batista’s industrial

(Dow Jones) Ship Finance International Ltd. (SFL) said its chief financial officer plans to step down in the second quarter to join another shipping company.

Prosafe has received a Notice of Award for a minimum nine-month contract by Shell Philippines Exploration B.V. (‘SPEX’) using the Safe Astoria for

A general cargo ship was severely damaged early Saturday after being involved in a major collision with a reefer ship in the Caribbean Sea. The collision