News

Castrol Marine has welcomed new guidance from Wärtsilä that undermines claims that mid-range base number (BN) oils represent a single cylinder oil solution

I had the opportunity to attend Marine Money Week in New York last week, the industry’s premier trade show for all things related to ship finance. Here

Three tugboats and a patrol boat were scheduled to reach the MOL Comfort today, approximately 1 week after the vessel split in two while battling inclement

June 25, 2013 marks third-annual "Day of the

Houston-based drilling contractor Atwood Oceanics, Inc. (NYSE:ATW) said Monday that it has entered into a turnkey construction contract with DSME for a fourth

By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the

In April 2012, Statoil and Aker Solutions announced a $1.9 billion contract to deliver a semi-submersible rig capable of year-round well-intervention services

Streamers towed behind a seismic survey vessel are fairly vulnerable when deployed, and extremely costly to replace when damaged or destroyed by vessel

By Bill Redmond It would not be unreasonable to ask if now is the time for the International Maritime Organisation (IMO) to be administered an effective enema,

Aberdeen-based offshore drilling contractor Awilco Drilling PLC, announced today they have signed a Letter of Intent (LOI) with Apache North Sea Ltd and TAQA

In the absence of hull fouling control systems, within six months of active service a vessel could have up to 150 kilograms of marine life per square meter

DUBAI, June 23 (Reuters) – Gulftainer Co Ltd, the United Arab Emirates’ second-largest port operator, said on Sunday it had acquired a 51 percent

Nigeria LNG Ltd. said the country’s maritime regulator issued it a ship detention order today, halting exports and detaining three of its vessels in

A passenger ferry in the U.K. sustained damage and was taking on water Saturday after striking a quay while docking at the Harwich International Port in Essex

Indonesia deployed military planes on Friday to fight forest fires that blanketed neighbouring Singapore in record levels of hazardous smog for a third day in

On Wednesday, China Oilfield Services Limited (COSL) signed newbuild agreements for the construction of 15 vessels at five different Chinese shipyards. The

June 21 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, touched a high for

At the Saint Petersburg International Economic Forum today, Rosneft and Eni signed a Declaration on Protection of the Environment and Biodiversity for Oil and

COSCO Corporation announced today that COSCO (Nantong) Shipyard Co. Ltd. secured contracts from a Singapore firm for the conversion of two semi-completed hulls

  In St. Petersburg, Russia, it was a day of signatures and handshakes as strategic partnerships were formed between Russian energy major Gazprom, JSC