News

Maersk Line, Limited (MLL) announced today that they have completed its acquisition of 3PSC, a commercial ship operator that provides management services to

Via NOAA Earth’s oceans, forests and other ecosystems continue to soak up about half the carbon dioxide emitted into the atmosphere by human activities,

HOUSTON–Transocean Ltd. (RIG, RIGN.VX) is making progress towards a settlement in the Deepwater Horizon case, Chief Executive Steve Newman said

Seattle and the Puget Sound area has a long maritime and naval history, and it’s no surprise that it’s one of our top-visited cities to gCaptain.

(Bloomberg) — U.S.-led sanctions against Iran are costing OPEC’s third-largest producer $133 million a day in lost sales without raising global

Smit Lamnalco, a global provider of towage and associated marine services to offshore oil and gas terminals, placed an order today for a series of four 32m

(Bloomberg) — Tankers International LLC, operator of the largest pool of the biggest oil carriers, wants to shift hiring of its vessels back to

Odfjell announced today they have signed a newbuild contract worth close to USD $160 million with Hyundai Mipo Dockyard for four new 46,000 DWT chemical

(Bloomberg) — U.S. defense contractor Raytheon Co. won an appeals court ruling that revives claims Flir Systems Inc.’s Indigo Systems unit lured

(Bloomberg) — European Union regulators dropped an antitrust probe into marine-insurance agreements among groups of ship owners, saying there

LONDON–Royal Dutch Shell PLC (RDSB) expects to drill eight wells in the second half of its two-year Arctic exploration program, three more than it had

Fully-owned by Maersk until recently, the LNG carriers MILAHA RAS LAFFAN and MILAHA QATAR, recently carried out their first loading operations this month under

Overseas Shipholding Group, Inc. (NYSE: OSG), one of the world’s largest publicly traded tanker companies in the world carrying nearly 11 million DWT

Siem Offshore announced today the sale and delivery of the  4500T multi-purpose ROV support vessel, Siem Swordfish, which was concluded on July 31st.  This

SINGAPORE–Cosco Corp. Ltd. (F83.SG) said Wednesday its net profit in the fiscal second quarter fell 13% as revenue from its shipyard operations fell and

While Royal Navy ships protect the London Olympics others have rushed to prevent a pirate attack in the Middle East.  The minehunters HMS Middleton and HMS

(Bloomberg) — Oil in New York headed for the first monthly increase since April before meetings of central bank policy makers to discuss the economy and

To meet the increased need of polar scientific research,  China’s State Oceanic Administration (SOA), Chinese Arctic and Antarctic Administration

The North American Emission Control Area (ECA), under the International Convention for the Prevention of Pollution from Ships (MARPOL), comes into effect from

Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British