News

Vernier, Switzerland-based drilling contractor Transocean (NYSE: RIG) (SIX: RIGN) issued their monthly fleet update summary today with a fair bit of good

Skip to 3:20 to see the Leslie Foss in action New Orleans-based tugboat operator, TradeWinds Towing, announced today the addition of a third vessel to their

After weeks of detention, the U.S.-flagged heavy-lift carrier MV Ocean Atlas has been released by Venezuelan authorities. The Ocean Atlas was boarded by local

As oil and gas companies extend their presence to remote and ultra-deep waters, one of their main challenges is to maintain environmentally responsible

*Update* Although JFE Holdings, Inc. and IHI Corporation announced on August 27, 2012 that the management integration of their respective subsidiaries

COSCO Zhoushan Shipyard Co., a subsidiary of COSCO Corporation’s 51% owned COSCO Shipyard Group Co, announced the delivery of the Asian Triumph, 57,000

(Bloomberg) — Petroleo Brasileiro SA’s plan to boost oil production is being threatened by a court ruling that bans drilling contractor Transocean

(Bloomberg) — Iron-ore ships are poised to earn more than operating costs for the first time this year as rates rally on speculation Chinese steel mills

(Bloomberg) — The U.S. and 29 other nations have begun the biggest mine-clearing exercise in the Persian Gulf region, a show of force as tensions

The Nordic Fighter tanker was sailing south in the Red Sea under oppressive summer heat as Mohammed Ali Quanas headed west to catch kingfish on Aug. 3, 2011,

Onboard ships throughout the world, highly specialized engineering systems such as fuel oil purifiers, waste heat boilers, and emissions scrubbers save energy,

http://www.youtube.com/watch?v=D_FLaMLIsv0 Oceanografia S.A. de C.V., one of Mexico’s largest offshore vessel operators specializing in underwater

LONDON–Oil and gas company Royal Dutch Shell PLC (RDSB) said Monday it has suspended plans to drill in the Arctic region during 2012 after damage to

Eidesvik’s LNG-powered Viking Princess, was named in an official ceremony in Bergen, Norway, on September 14th.  Lady sponsor of the vessel is H.R.H.

In early September, Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel shipbuilder announced that it had won two contracts for the

FAL Oil Co., a United Arab Emirates-based energy trader that’s under U.S. financial restrictions for links to Iran, faces the forced sale of a fuel

Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new

Malaysian tanker owner and operator AET, announced today they have entered into a long-term contract with Norwegian energy giant Statoil ASA to operate two

TOKYO–Japan’s coast guard said Friday that two Chinese patrol boats have entered Japanese territorial waters around the Senkaku islands. The coast

http://www.youtube.com/watch?v=6rLidO4r2S4 Statoil’s Senior VP of Corporate Climate, Hege Marie Norheim, presents an interesting look at the push toward