News

July 19 (Bloomberg) — The won gained for a second week after South Korea’s shipbuilders won overseas orders and as the Federal Reserve calmed

Seadrill has announced that Executive Vice President and Chief Operating Officer Per Wullf will succeed Fredrik Halvorsen as Chief Executive Officer at the end

By Lieutenant (junior grade) Joe DiRenzo IV, U.S. Coast Guard U.S. maritime services should seriously consider liquefied natural gas (LNG) as an alternative

By Shoshanna Solomon (Bloomberg) — The deepest oil well drilled in Israel’s 65-year history may be the most important. Houston’s Noble Energy

UNITED NATIONS, July 18 (Reuters) – A U.N. Security Council sanctions committee will examine the case of a North Korean ship that was intercepted by

SINGAPORE — Coast Guard Lt. Cmdr. Mark Neeland, supervisor Activities Far East Marine Inspection Detachment Singapore, presented a U.S. Coast Guard

Asia Offshore Drilling Limited (AOD) has taken delivery of its third new‐build jack‐up rig, ʹAOD IIIʹ, from Singapore‐based rig

By Nidhi Verma NEW DELHI, July 18 (Reuters) – India has extended a temporary approval to Iranian underwriters Kish P&I Club and Moallem Insurance Co

Athens-based dry bulk shipper Diana Shipping (NYSE: DSX), has announced that it has entered into a time charter contract with Cargill for the 2005-built M/V

Singapore-based rig builder, Keppel Corp and Keppel Offshore & Marine will have new leadership in 2014 as the current CEOs of both companies move on to

ABUJA, July 18 (Reuters) – Pirates robbed a chemical tanker off the coast of Togo this week, a maritime agency and a security source said on Thursday,

July 18 (Bloomberg) — PetroSA, South Africa’s state-owned oil company, said it planning to build a liquefied natural-gas terminal off the

A North Korean ship stopped by Panama laden with fighter jets and other undeclared military gear will be opened to United Nations inspectors to determine

The European Union competition regulator has ordered Spain to recover state aid given to shipyard investors, saying the measure gave them an unfair advantage

Francesco Schettino, captain of the Costa Concordia cruise liner, was not the only one to blame for a disaster off Italy last year in which 32 people died, his

Tokyo-based MODEC International has announced the execution of a contract with Hess Corporation to provide Engineering and Management Services for the Stampede

A fair bit of upper body strength is required by maritime ship pilots while boarding vessels, especially in inclement weather, or when all of the sudden a

Rolls-Royce is working with B9 Shipping to develop a ship with a capacity of 4,500 tonnes that will be primarily powered by a 180-foot sail, with bio-methane

July 16 (Bloomberg) — Eike Batista’s OSX-3 offshore oil- processing vessel, collateral for his shipping unit’s bonds, departed from Singapore

Lundin Petroleum announced today that they have spudded in at the Gohta Prospect located approximately 150 km northwest of the northern tip of Norway in the