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By Mohan Malik, Wall Street Journal, above: INS Trishul, an Indian Talwar-class, guided missile frigate Media reports last week of a Chinese warship

Access to reserves is currently the biggest risk for oil and gas companies, said Ernst & Young in its annual report on the top 10 risks for the global

Nordic Sprite, image by Olivier Vitre Nordic American Tankers Ltd. (NAT) said it agreed to buy a double-hull suezmax tanker built at Samsung Heavy

SHANGHAI—China’s coastal waters regulator on Friday ordered ConocoPhillips to suspend production in the country’s largest off-shore oil

JEAN LAFITTE, Louisiana—The center of Tropical Storm Lee stretched across the central Gulf Coast early Sunday, dumping torrential rains that threatened

Liberian-flagged and DNV-classed, Scarabeo 9 is a semi-submersible drilling vessel recently built by Yantai Raffles.  It will be on contract by Repsol YPF for

BP PLC’s effort to save money while drilling the Deepwater Horizon oil well led it to withhold critical information from contractor Halliburton Co. in

Today, the United States Coast Guard officially accepted the NSC Stratton, the third ship in the new Legend-class of cutters.  Provided below is the press

Ulstein’s SOC 5000 heavy lift vessel Ulstein’s “Sea of Solutions” 5000 heavy lift vessel design has been nominated for the prestigious

U.S. Secretary of Transportation Ray LaHood has announced the appointment of 29 members to the new Marine Transportation System National Advisory Council

Halliburton Co. (HAL) yesterday filed a lawsuit against BP PLC in Texas state court claiming negligent misrepresentation, business disparagement and defamation

Noble Corporation said today that it has exercised its option with Hyundai Heavy Industries for the construction of an additional ultra-deepwater drillship,

(Dow Jones) Anadarko Petroleum Corp. (APC) said Wednesday that it has removed nonessential workers from the company’s Gunnison, Nansen and Boomvang oil

Summaries of worldwide maritime crime developments and incidents that occurred in week ending August 31 – Via Maritime OPINTEL Report NIGERIA: Passenger

By John W. Miller, Wall Street Journal China Cosco Holdings Ltd.’s desire to change the terms of contracts for ships carrying commodities such as coal,

By Russell Gold, Wall Street Journal, above image courtesy GAZPROM ExxonMobil Corp.’s blockbuster $2.2 billion deal to drill for oil in the frigid

Houston based GulfMark Offshore says it will be building at least three new PSV’s as part of a vessel construction program initiated today.  The program

DRAGON, the fourth Type 45 anti-air warfare destroyer built by BAE for the Royal Navy, has arrived in Portsmouth Naval Base, where she will be handed over to

Image courtesy Samsung Heavy Industries (Dow Jones) DryShips Inc.’s (DRYS) swung to a sharp loss in its fiscal second-quarter as write-downs from the

Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude-tanker market may stay in the doldrums due to a supply overhang, despite stable