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SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Monday it is talking with the Indonesian government about the

By Lucy Craymer, Wall Street Journal WELLINGTON—Oil from the damaged cargo vessel MV Rena has started to wash up on a popular beach on the east coast of

By Jama Deperani, Somalia Report Local fishermen in Somalia will now wear uniforms to differentiate them from the pirates, according to officials from

Harvey Gulf International has awarded a contract to Wärtsilä to supply liquified natural gas propulsion equipment for two of Harvey Gulf’s newbuild

Seadrill announced today that it has secured contracts for two of the companies newbuild ultra-deepwater semi-submersibles currently under construction in

WELLINGTON (Dow Jones)–Aerial observation flights are planned Friday to determine how much oil is leaking from a stranded container ship off the east

SINGAPORE (Dow Jones)–Keppel Corp. Ltd (BN4.SG) Friday said that five workers have been killed in an accident at the company’s shipyard in the

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The Panama Canal Authority has ordered 14 new tugs in anticipation of increased traffic and larger vessels expected with the 2014 completion of the Third Set

HOUSTON (Dow Jones)–Marathon Oil Corp. (MRO) said Thursday it is considering selling minority stakes in its U.S. Gulf of Mexico assets in order to

Global Summary of Maritime Crime and Piracy (source: Office of Naval Intelligence) BENIN: Chemical tanker fired upon, boarded, and robbed 2 October at 2337 LT

NATO’s Rear Admiral Hank Ort (NLD N) this week warned that pirate activity in the Gulf of Aden, Indian Ocean and Arabian Sea is likely to increase as

The Waikato Times of New Zealand reports that the 236-meter Liberian flagged container ship, M/V Rena aground on Astrolabe Reef yesterday about 6 nautical

Congratulating the Coast Guard for its successful capture of a pirate fishing vessel on the North Pacific, U.S. Senator Mark Begich suggested the rat-infested,

COPENHAGEN (Dow Jones)–The world’s largest container shipping company Maersk Line is stepping up the price competition on Asia-Europe routes in an

LONDON (Dow Jones)–Somalian piracy could spread further unless an onshore solution is found, the secretary general of the Organization of Petroleum

By Art Pine, images by Robert Almeida Step aboard a naval vessel these days, and you quickly see a stunning breadth of high-technology equipment. Navigating?

Yesterday, just months after arriving on location, the newly built Ocean Rig Drillship Poseidon, was attacked by pirates while drilling off the coast of

Caterpillar (NYSE:CAT) said today that it has secured a contract to power 16 offshore supply vessels for use in the Brazilian offshore market. Caterpillar

TAIPEI—The death toll in an accident involving a cargo vessel that ran aground off Taiwan’s northern coast has risen from four to six. In a