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COVINGTON, La.,- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that its Board of Directors has approved a new vessel construction program for

By Mohamed Odowa, SomaliaReport.com Claims that at least six Somali pirates were killed and three others were captured by the crew of the Greek owned MT

Leading global shipbuilder and defense contractor Austal has acquired a shipyard in the Philippines as part of its strategy to regionalize its manufacturing

SINGAPORE (Dow Jones)–Asia’s crude tanker markets may see continued support in the coming week due to healthy demand, while improving gasoil demand

Damen Shipyards will unveil its new Platform Supply Vessel (PSV) at EUROPORT 2011 and will launch a complete PSV range in the next few months. The PSV 3300 E3

Heavy-lift operator Dockwise today announced plans to sell off its yacht transport arm, Dockwise Yacht Transport (DYT), to focus on its core Heavy Marine

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Monday it is considering acquiring German wind-turbine maker Bard

(EUNAVFOR) On 4 November 2011, following a coordinated search and detection by a French Maritime Patrol and Reconnaissance aircraft, the German warship FGS

(Dow Jones) Many analysts have taken Transocean to the cleaners after it barely eked out a 3Q profit, but Citi is keeping its buy rating while lowering

HOUSTON -(Dow Jones)- The third-party vendors refitting Transocean Ltd.’s (RIG) well control systems and blow-out preventers to comply with new rules

Sec of State Hillary Clinton Orders Embassies to Sell the Use of Contractors By Robert Young Pelton, SomaliaReport.com Somalia Report has obtained an

LONDON (Dow Jones)–Pirates off the coast of Nigeria have taken control of an oil products tanker with about 25 crew members on board, part of a new wave

Weekly Summary of Maritime Crime and Piracy:  Week of 27 October 2011 (source: ONI) NIGERIA: Petroleum tanker (HALIFAX) hijacked by pirates on 29 October at

OAKLAND, Calif.—The Occupy Oakland protesters’ call for a general strike Wednesday largely fizzled as organizers failed to rally significant

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday that its third-quarter net profit fell 25% from a year earlier due to weaker margins

WASHINGTON (Dow Jones)–Several U.S. companies are asking the Obama administration for permission to respond to potential oil spills in Cuban waters, a

By Ralph Gardner Jr. I needed help understanding my serious tugboat fixation. So I turned to someone who I thought might be able to offer some insight, who

Transocean Ltd. (RIG) swung to a third-quarter loss on acquisition-related charges as a revenue shortfall hurt the offshore-oil driller’s margins.

Should Shipping Companies Lower Surcharges to Reflect Lower Threat? By Robert Young Pelton, Publisher, SomaliaReport.com This week’s hijacking of the

United Nations agencies in Paris yesterday launched a plan to improve the management of oceans and coastal areas. The Blueprint for Ocean and Coastal