News

A dead Southern Atlantic right whale was discovered on Sunset Beach near Cape Town, South Africa on Saturday. During the southern hemisphere’s winter

The Philippines has jailed 11 Chinese fishermen caught with endangered sea turtles off a disputed shoal in the South China Sea, officials said on Saturday,

The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its

In an exchange filing today, Samsung Heavy Industries announced the winning of a KRW 419.5 billion ($410 million) order for two new LNG carriers. The other

NOAA research vessel Okeanos Explorer captured this gem during a dive in the U.S. Gulf of Mexico, April 26,

Kevin Black, Managing Director of Lukoil Overseas notes in a phone call there were 8 personnel aboard the Airbus helicopter when it crashed into the ocean off

Baltic Shipyard (Baltiysky Zavod), a member of Russia’s United Shipbuilding Corporation, has won an open tender to construct two additional Project 22220

Bergen-based drilling contractor Norshore has secured work for its first newbuild mini-drillship Norshore Atlantic as part of a top-hole drilling contract with

OSLO, May 9 (Reuters) – Royal Caribbean, the world’s second-largest cruise operator, has ordered its fourth Oasis-class vessel, the world’s

The word swivel probably doesn’t conjure up an image in your head of something amazing or all that interesting, however for those that work on, or

By Golnar Motevalli and Anthony DiPaola May 8 (Bloomberg) — Iran will export crude oil at the maximum level possible, regardless of restrictions imposed

Sanmar, the Turkish tugboat builder/operator announced today an investment in new real estate across the sound in Altinova where they are currently building a

Imagine being an electrician troubleshooting a network error on the blowout preventer (BOP) control panel of an ultra-deepwater drilling rig when all of a

The Finnish government said it had teamed up with German shipbuilder Meyer Werft to consider buying a troubled local shipyard from South Korea's STX Offshore &

May 8 (Bloomberg) — Glencore Xstrata Plc appointed former BP Plc Chief Executive Officer Tony Hayward chairman as the mining company run by billionaire

It’s been a solid week for Sinopacific Shipbuilding.  The Shanghai-based firm has gained five newbuild orders for new gas carriers, two from Danish

By Stanley Carvalho ABU DHABI, May 8 (Reuters) – Oil services firm Gulf Marine Services plans to spend around $400 million up to 2016 and expand into

May 8 (Bloomberg) — There’s so much cheap iron ore flooding into China that rates for the ships that carry it are forecast to jump almost 70 percent by

By Peter Apps LONDON, May 7 (Reuters) – The cost of Somali piracy to the global economy fell by almost half last year as attacks slumped, but piracy in

Petrobras has awarded further subsea installation work to Saipem today within the Santos Basin Pre-Salt region utilizing their Field Development Ship 2 (FDS