News

  Houston-based Vantage Drilling says it has been notified by Petrobras terminating it’s contract for the Titanium Explorer drillship. The 8-year

By Manisha Jha (Bloomberg) — Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the

  Irving Shipbuilding has cut steel on the first of Canada’s Arctic Offshore Patrol Ships at the company’s Halifax Shipyard in Nova Scotia.

ATHENS, Sept 2 (Reuters) – Greek authorities have seized a freighter carrying an undeclared shipment of weapons en route from Turkey to Libya, coast

NASA satellites this week captured images of three simultaneous hurricanes over the Pacific Over near Hawaii, the first time in recorded history that three

The heavy-lift vessel Zen Hua 19 arrived in Los Angeles carrying two new gantry cranes for the West Basin Container Terminal at the Port of Los Angeles.

  Another huge contract handed out today by Maersk Oil one day after the company and its partners won UK approval for the multi-billion development of the

  WASHINGTON, Sept 1 (Reuters) – Huntington Ingalls Industries Inc, which builds aircraft carriers and U.S. Navy warships, on Tuesday said it was

Another incident to report today involving ships in or near Turkey’s Bosphorus Strait. Turkish maritime authorities have confirmed that the tanker Paros

  Offshore contractor Subsea 7 says it has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the

  By Maher Chmaytelli (Bloomberg) — Egypt plans to keep all the natural gas produced at a giant field Eni SpA found off its Mediterranean coast to

  By Javier Blas and Will Kennedy (Bloomberg) — Oil prices will remain at $40 to $60 a barrel into 2016 as rising crude supplies overwhelm demand,

  By Roberta Rampton ANCHORAGE, Alaska, Sept 1 (Reuters) – President Barack Obama on Tuesday proposed a faster timetable for buying a new heavy

The second of two Marlin-class containerships was launched over the weekend at the General Dynamics NASSCO shipyard in San Diego where the vessels are being

  PARIS, Aug 31 (Reuters) – A deal was reached on Monday to save hundreds of ferry jobs at the northern French port of Calais, the French transport

The suspected mastermind behind the hijacking of an Orkim product tanker earlier this year off Malaysia has been arrested outside Indonesia’s capital

  By Ari Rabinovitch and Eric Knecht JERUSALEM/CAIRO, Aug 31 (Reuters) – Egypt’s historic gas discovery threatens to sink Israel’s

Amazing video shows cargo operations onboard the containership Maersk Gunhilde during a voyage from Ho-Chi Minh, Vitenam to Ningbo, China in September

  Volunteer crews from Britain’s Royal National Lifeboat Institute (RNLI) helped rescue a bunker tanker that was nearly capsized after a

  COPENHAGEN, Aug 31 (Reuters) – Maersk Oil has received approval by the UK’s Oil & Gas Authority to develop the largest gas field