News

A federal indictment unsealed earlier this month in a U.S. District Court charged nine defendants with insider trading and money laundering surrounding the

Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD

  In October, Cargotec secured a comprehensive MacGregor offshore equipment contract for six platform supply vessels (PSVs) from Fujian Southeast Shipyard

Noble Corp. (NE) said it is working to rectify deficiencies and maintenance issues the U.S. Coast Guard found with its Noble Discoverer drillship, located

In a filing to the SEC today, Sabine Liquefaction, a wholly owned subsidiary of Cheniere Energy, announced the award of a $3.8 billion lump sum turnkey

Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating

New discoveries of natural gas are beginning to transform the U.S. economy, and energy companies say exporting it is the next logical step. But a call for

Vitol Group plans to start sales of marine fuel, or bunkers, to a port in southern Malaysia as it seeks to supply ship owners that moved from Singapore, the

China Rongsheng Heavy Industries Group Holdings Ltd., the country’s largest shipbuilder outside state control, forecast its first annual loss in four

Nigeria’s navy is hunting for pirates who kidnapped four crew from a ship off the coast of the West African oil-producing country at the weekend, a naval

AMSTERDAM – A superyacht built for Apple Inc’s late co-founder Steve Jobs has been impounded in Amsterdam because of a dispute over an unpaid bill

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, announced today they have entered into a contract with BG International Ltd for the provision of

Statoil ASA, Norway’s biggest oil and gas producer, will invest more than $7 billion in its Mariner project, the largest offshore development in the U.K.

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

Tsakos Energy Navigation Limited (NYSE: TNP) rose over 4 percent today on the New York Stock Exchange after an announcement that they have signed six-month

MAN Diesel & Turbo announced today that Teekay LNG Partners (NYSE: TGP) has chosen their ME-GI dual-fuel, two-stroke, gas-injection engines for a pair of

Destined for the Gulf of Mexico, the deep-water semi-submersible crane & accommodation vessel Explorer Lifter was delivered today by Yantai CIMC Raffles

Ulstein announced today they have entered into a contract with Island Ventures II LLC, a joint venture partnership between Norwegian offshore operator Island

AMSTERDAM–Dutch oil services company SBM Offshore N.V. (SBMO.AE) Thursday announced a raft of new measures to put an end to a lengthy conflict over a