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Located in the cold Norwegian waters north of the Arctic circle in waters 1300 meters deep, a huge spar platform named the Aasta Hansteen will be installed in

GasLog Ltd. (GLOG) named Chief Strategy Officer Paul Wogan as its new chief executive officer. He replaces Peter G. Livanos, who has served as both chairman

By Balazs Koranyi OSLO – Lying at the bottom of a giant water-filled pit in western Norway, a thousand-tonne gas compressor is humming along, going

AMSTERDAM–Dredging company Royal Boskalis Westminster NV (BOKA.AE) said Tuesday that it has secured financing for its planned acquisition of sea

D/S Norden AS, Europe’s biggest commodity-shipping company, is betting that transport rates will continue to slump this year, a wager that will help it

Update: Anchorage, AK – Unified Command update for Monday, January 7, 2013: Unified Command has confirmed that the Kulluk, towed by the anchor handling

Marlink bundles WaveCall Ku-band, Inmarsat FleetBroadband and XChange for seamless communications and full control on board De Poli Tankers Marlink has

ATHENS, Greece – Capital Product Partners L.P. (NASDAQ: CPLP) today announced that it acquired from Capital Maritime & Trading Corp. (CMTC) two post

Banks will exert more control over the shipping industry this year as vessel values continue to decline, according to accounting firm Moore Stephens LLP.

Rising steel prices and falling stockpiles of iron ore in China may lead to increased imports of the commodity, boosting demand for shipping, according to

The Kulluk incident’s Unified Command on Saturday gave the go-ahead to Shell to remove the grounded drilling rig near Sitkalidak Island in Alaska. In a

Editor’s Note: Shell’s statement comes on the heels of reports yesterday that Shell’s decision to move the Kulluk was to avoid Alaskan state

Here’s what happens when you launch a fast rescue craft while disregarding almost every possible safety or written

Kiyomura K.K., a Tokyo-based sushi chain, paid a record 155.4 million yen ($1.76 million) to outbid an affiliate of a Hong Kong-based rival for a tuna it said

Temperatures in China have plunged to their lowest in almost three decades, cold enough to freeze coastal waters and trap 1,000 ships in ice, official media

ANCHORAGE, AK – Unified Command today continued with assessment of the Kulluk, deployment of recovery equipment and staging oil spill response equipment.

This week BIMCO, the largest international shipping association representing shipowners controlling roughly 65 percent of the world’s tonnage, published

ExxonMobil Corp. (XOM) will spend $14 billion to develop the Hebron oil field offshore Newfoundland and Labrador, a project it expects to yield 700 million

By Margherita Stancati Two Italian marines who were jailed last year for allegedly killing two fishermen off the coast of Kerala returned to India after

Helix Energy Solutions Group Inc. is turning into a takeover target after streamlining the company to focus on its expanding operations for offshore oil-well