News

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

On Saturday, the US Navy will christen the Joint High Speed Vessel (JHSV) Choctaw County, named for three U.S. counties, located in Mississippi, Alabama and

South Korea’s Hyundai Heavy Industries announced today it had secured a USD $620 million order to build a drillship for Houston-based drilling contractor

Wilbur Ross, whose company manages about $10 billion of assets, said private-equity investors are increasingly interested in shipping after a four-year rout

[vimeo]http://vimeo.com/39516800[/vimeo] Perdido is the world’s deepest offshore oil drilling and production platform. Moored in 2,450 metres (8,000

VESSEL COMPANY ADMITS POLLUTION BATON ROUGE, LA (September 12, 2012) – United States Attorney Donald J. Cazayoux, Jr., announced that, yesterday, CLEOPATRA

Founded in 1921, the SCHOTTEL Group, headquartered in Spay/Rhine, has been developing and manufacturing azimuth propulsion and maneuvering systems, complete

Bodewes Binnenvaart B.V., Damen Shipyards Group’s inland waterway shipyard, and inland shipping company QaGroup are set to launch an entirely new inland

Helix Energy Solutions Group Inc’s well intervention vessel Seawell pioneered the well intervention industry when she first entered North Sea service

OSLO–Norway’s oil safety agency opened an investigation Wednesday into last week’s scare in the Barents Sea involving an Eni SpA (E)

Ocean Rig UDW Inc. (NASDAQ:ORIG), a global drilling company that specializes exclusively in the deep water segment, announced today that it has received a

COSCO Corporation announced today that their subsidiary, COSCO Qidong Offshore Co. Ltd., has secured a contract valued over USD $200 million from Axis

HAMBURG — DNV and AMOS system supplier SpecTec have launched an all-in-one planned inspection and maintenance system for ship structures. AMOS is a