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Technip was awarded a 10-year master agreement by BP Exploration and Production, Inc. The agreement covers the design, procurement and construction of hulls

HOUSTON – Cummins Inc. (NYSE: CMI) announced the Cummins Oil and Gas Center of Excellence, a business launched to serve the needs of its growing oil and

MEDITERRANEAN SEA – Military Sealift Command fleet replenishment oiler USNS Big Horn delivered vital fuel and supplies to Canadian navy ship HMCS

© Stéphane Saissi PARIS—French air-crash investigators said they found and retrieved the cockpit voice recorder from an Air France jetliner that

HOUSTON -(Dow Jones)- Shell Oil may be close to winning permission from the U.S. Department of the Interior to drill up to five wells in the waters off of

HOUSTON -(Dow Jones)- A group of coastal-state governors has formed a coalition to press the federal government to speed its permitting of offshore oil

Aker Philadelphia Shipyard has delivered to American Shipping Company the shipyard’s twelfth Veteran Class MT-46 product tanker. The 46,000 dwt vessel,

HOUSTON (Dow Jones)–The head of the U.S. agency that oversees offshore oil production said Monday that it would seek to pursue regulatory actions against

Hanjin Shipping announced Monday it received the fourth vessel in a series of five container ships with capacities of 10,000TEU. The vessel, named

Class society ABS announces the release of its enhanced Guide for the Classification of Drilling Systems which provides a comprehensive approach to classing

Houston: The U.S. Coast Guard has extended DNV’s statutory authorizations under the USCG Alternate Compliance Program to include Passenger Ship Safety

Horizon Lines Inc. (HRZ) received a break on some of its expenses from former parent company CSX Corp. (CSX), which agreed to reduce Horizon’s charter

CGGVeritas announced today a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet,

WASHINGTON (Dow Jones)–The U.S. Interior Department said Monday it is reducing the size of an area in waters off the Massachusetts coast that it is

DALIAN, China (Dow Jones)–STX Group, a South Korean conglomerate, will catch up with its bigger rivals in offshore facility orders from the second

Photo: M/V Sinar Kudus coutesy EU NAVFOR According to a report from EU NAVFOR, the bulk cargo carrier the M/V Sinar Kudus was released from pirate control

The Maritime and Port Authority of Singapore said Saturday that it received reports that suspected pirates had boarded the Singapore-flagged chemical tanker

NEW YORK (Dow Jones)–Oil-tanker stocks look risky as the U.S. ramps up domestic crude production, analysts at Goldman Sachs Group Inc. (GS) said

Hyundai Heavy Industries, the world’s biggest shipbuilder, today reported first quarter net profit of KRW 903 billion, an increase of 21.16 percent

Horizon Lines Inc. (HRZ) said a federal court has agreed to reduce the company’s fine related to a conspiracy to fix rates and surcharges for marine