News

One of the largest container shipping companies in the world, MSC, announced today that the inherent cost of mitigating the threat of piracy, and rising

Wärtsilä and Kongsberg Maritime have been contracted to supply the power, positioning, and automation systems for two new drilling rigs ordered by Songa

Höegh LNG announced today that they have won a tender offer to provide a new floating storage and regasification (FSRU) for Lithuania’s energy

RIO DE JANEIRO (Dow Jones)–Speculation is growing that a leadership change could be under way at Brazilian federal oil company Petroleo Brasileiro (PBR,

The Maersk Group’s strategy to target growth markets aligns well with a recent UN report that found emerging economies now account for almost 30% of

Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The license was awarded to Cairn Energy during the first Baffin Bay

Royal Dutch Shell has won a $970 million bid (NS 11-1) for exploration rights offshore Nova Scota, says the Canada – Nova Scotia Offshore Petroleum

HOUSTON -(Dow Jones)- An Italian drilling rig scheduled to drill a deep-water well offshore Cuba has arrived to the shores of Havana, Cuban media said

gCaptain’s John Konrad Narrates the Final Maneuvers of the Costa Concordia Disclaimer, we will not know the EXACT details of what happened until the

The following is the summary of maritime crime and piracy for the week of 12 January 2012.  (Source: ONI) PERU: Bulk carrier boarded on 13 January while at

Serious, and unambiguous statements by Dr Valeria Montesarchio from the Court of Grosseto.  The following are a few highlights, the entire transcript is

Chevron Nigeria reports they have suspended their search for the 2 missing rig workers from the jack up rig that blew out and caught fire on 16 January.  It

SINGAPORE (Dow Jones)–Singapore-listed rig builders Keppel Corp. Ltd. (BN4.SG) and Sembcorp Marine Ltd. (S51.SG) both said Wednesday they aren’t

BEIJING -(Dow Jones)- A deepwater oil exploration vessel belonging to China Oilfield Services Ltd. (2883.HK) sank Saturday during construction at a dock in

DNV has won a contract with the Flemish government to undertake a feasibility study for the provision of LNG bunkering facilities at the ports of Antwerp,

Damen Shipyards will shortly deliver three tugboats to INEA (Instituto Nacional de los Espacios Acuaticos, the Venezuelan Aquatic Authority). This

On 16 January 2011, a jack-up drilling rig offshore Nigeria caught fire, forcing a complete evacuation.  2 rig workers are still reported missing, and

A senior United Nations official today called for a thorough investigation into the incident involving the Costa Concordia cruise ship that ran aground off

[Disclaimer] the following story was reportedly written by the GSM of the Concordia but is unverified as of Monday morning.  If true, it goes against what has

ROME (Dow Jones)–The chief executive of Carnival Corp.’s (CCL) Costa Crociere SpA blamed the captain of the shipwrecked Concordia