News

While operating north of the Shetland Islands, the crew of the Stena Carron drillship crew rescues an unexpected stowaway… With the Stena Carron less

HONG KONG–Container shipper Orient Overseas (International) Ltd.’s (0316.HK) second-quarter revenue rose 10.6% from a year earlier, the Hong

(Bloomberg) — Japan will load its first Iranian crude cargo backed by sovereign guarantees since sanctions disrupted coverage in the international

COSCO Corporation (Singapore) Limited announced today that their COSCO (Dalian) Shipyard subsidiary has delivered a Kamsarmax bulk carrier of 80,000DWT,

(Dow Jones) Moody’s Investors Service lowered its outlook on Teekay Corp. (TK) to negative from stable, citing concerns about management’s plan

Noble Corporation (NYSE: NE) announced today that the Noble Bob Douglas, an ultra-deepwater drillship currently under construction at Hyundai Heavy

Only 3 years after completion of phase 2 of the Sabine Pass LNG import terminal in Louisiana, Cheniere Energy Partners (NYSE Amex: CQP) announced today that

(Bloomberg) — Two Iranian oil tankers, part of the fleet controlled by Tehran-based NITC Co., are proceeding to India to unload cargoes this month,

(Bloomberg) — Earnings for the largest commodity carriers fell for a third day as vessels outnumbered cargoes after last week’s gains drew idled

In support of the growing economic development throughout the west coast of South America, Intermarine has added the port of Paita, Peru to their regular

Following more than a year of front end engineering and development work, Sevan Marine announced today that Dana Petroleum has chosen their proprietary FPSO

Greatship Global Offshore Services Pte. Ltd. (GGOS), a subsidiary of India’s Great Eastern Shipping Company Ltd, has taken delivery of a Platform/ROV

It’s been a helluva year so far for Singapore-based offshore contractor, Ezra Holdings Limited, who has reported a 244% leap in net attributable profit

(Bloomberg) — Scrap prices for dry-bulk ships have plunged 13 percent in the past year as oversupply and unprofitable charter rates prompt owners to

COSCO Shipyard Group Co., a 51 percent-owned subsidiary of the COSCO Corporation, announced today that the following newly-built bulk carriers have just been

MOSCOW–Russia’s sea ports handled a total of 271.3 million metric tons of cargo in January-June, 5.4% more than in January-June 2011, according to

SINGAPORE–Rig builder Keppel Corp. (BN4.SG) said Wednesday that its Keppel FELS Brasil unit has secured a floating production storage and offloading

HOUSTON – Atwood Oceanics Inc. (NYSE: ATW), announced today that one of its subsidiaries has been awarded a twelve-month contract extension with an

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will

July 11, 2012– Chenega Federal UK Ltd announced today the launch of Open Ocean, its intelligence led, integrated maritime security service. Led by a