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Argentina’s largest oil and gas producer, YPF SA, said Tuesday that a deep-water well it drilled off Argentina’s coast came up dry. YPF invested

The Council of the International Maritime Organization (IMO) has unanimously endorsed the decision of a Panel of Judges that the 2011 IMO Award for Exceptional

MARAN GAS ASCLEPIUS – photo by Gilbert CAILLER SEOUL –  South Korea’s Hyundai Samho Heavy Industries has inked an order for two 164,000m³

The General Electric LM2500 gas turbine engine Energy giant Chevron Corp. (CVX) awarded General Electric Co. (GE) a contract in the Gulf of Mexico, in which

HONG KONG (Dow Jones)–Cosco Shipping Co. (600428.SH), the heavy-lift and project cargo unit of state-owned China Ocean Shipping (Group) Co., plans to

SINGAPORE — Japanese explorers have found large deposits of rare-earth minerals on the floor of the Pacific Ocean, British journal Nature Geoscience

The following article originally appeared in DNV’s Tanker update No. 1 2011. by Magne A. Røe, DNV The Hyundai group of shipyards has the combined

Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy

Norwegian oil-rig operator Songa Offshore SE said Tuesday it has been awarded a $2.5 billion contract to charter two new semisubmersible drilling rigs to

Hamilton, Bermuda, June 29, 2011 – Teekay Corporation (NYSE: TK) (Teekay) today announced it has signed a memorandum of understanding (MOU) with A2SEA

Support ship Fort Victoria helped thwart an attack as pirates fired rockets at a merchant ship off Oman. 04 July 2011 Ten pirates in a couple of skiffs made

Mississippi Senator Thad Cochran Offers Resolution, Expresses Appreciation to Coast Guard Leader WASHINGTON, D.C. – The U.S. Senate today approved a

WASHINGTON – To complement its existing safety inspection regime for foreign-flagged vessels operating in U.S. waters, the U.S. Coast Guard Friday

Maersk Line, Limited (MLL) has been awarded a long-term time charter of an ice-strengthened tanker to support the U.S. Navy’s Military Sealift Command

Rescue 21 coverage map courtesy USCG General Dynamics C4 Systems announces that the U.S. Coast Guard completed the 25,000th Rescue 21 search and rescue mission

FRANKFURT (Dow Jones)–German industrial conglomerate ThyssenKrupp AG (TKA.XE) Friday said it had cancelled a large part of the sale of its shipbuilding

MELBOURNE (Dow Jones)–The U.S. Navy has ordered two more Joint High Speed Vessels from Australian shipbuilder Austal Ltd. (ASB.AU) as part of a

Summary of Worldwide Crime and Piracy, week of 22 June 2011 (Source: ONI) GULF OF GUINEA: A chemical tanker was hijacked 26 June at 0245 UTC off of Cotonou,

WASHINGTON -(Dow Jones)- The Interior Department is asking Congress to increase fines for oil and natural gas companies that break offshore drilling laws, with

Photo courtesy Robert Allan Ltd. IRSHAD, a joint venture between ADNOC and Lamnalco, have taken delivery of their latest high-performance terminal