News

DryShips (DRYS: Nasdaq) By Sterne, Agee & Leach ($3.83, June 17, 2011) We are upgrading DryShips from Neutral to Buy ahead of an ocean rig listing in the

HOUSTON (Dow Jones)–Transocean Ltd. (RIG) said Friday that insurers of its sunken Deepwater Horizon drilling rig have asked a federal judge to decide if

By: Office of the Chief of Naval Operations, Strategic Mobility and Combat Logistics Division WASHINGTON (NNS) — After extensive coordination with

[Dow Jones] NOL (N03.SG) is flat at S$1.53, off its S$1.56 intraday high but remaining above water in a broadly lower market after announcing new shipbuilding

LONDON—The head of Greenpeace has scaled an oil rig offshore of Greenland operated by Cairn Energy PLC, defying a court order aimed at stopping activists

Gulf of Aden Convoy Schedule: Korean Naval convoy schedule for June/July 2011: Rendezvous point “A” (Eastbound): 12:07N – 044:11E.  Rendezvous

SINGAPORE (Dow Jones)–Singapore Technologies Engineering Ltd. (S63.SG) Wednesday said that its marine arm won a shipbuilding contract worth about S$171

SINGAPORE (Dow Jones)–Neptune Orient Lines Ltd. (N03.SG) said Wednesday it has signed letters of intent for the construction of 12 new container vessels

DUBAI (Zawya Dow Jones)–National Shipping Co. of Saudi Arabia (4030.SA), or NSCSA, said Wednesday its subsidiary National Chemical Carriers Ltd. Co., or

BRETON SOUND, La. – A sheen is spotted from a Coast Guard HC-144 Ocean Sentry aircraft off the coast of Venice, La., June 9, 2011. U.S. Coast Guard photo

SEOUL— (Dow Jones & Co) The turning back of a North Korean ship suspected of transporting missiles and parts, the highest-profile interdiction

LONDON (Zawya Dow Jones)-State-run Qatargas said Friday it delivered its first shipment of liquefied natural gas, or LNG, to Thailand, as demand for the fuel

TOKYO (Dow Jones)–Japanese shipping company NYK Line expects a surge in liquefied natural gas demand from Japan and worldwide because of rising fears

SINGAPORE (Dow Jones)–The number of oil, gas and chemical tankers passing through the port of Singapore in May was up 1.7% from the previous month, but

AMSTERDAM — (Dow Jones & Co) Greenpeace activists have been barred from further disrupting oil company Cairn Energy PLC’s controversial Arctic

Photo By Rob Almeida, Copyright 2011 Remarks by NOAA Administrator Dr. Jane Lubchenco during Capitol Hill Oceans Week June 7, 2011 Good morning everyone! Let

Worldwide Maritime Crime and Piracy Summary: Week of 2 June 2011 GULF OF ADEN: Bulk carrier (ACHILLEAS) was fired upon by one skiff with 7-8 pirates onboard 7

NEW YORK – (Dow Jones & Co) The Atlantic bluefin tuna won’t be listed as an endangered species, at least for now, as the Obama administration

CARACAS -(Dow Jones)- Brazil’s national development bank, or BNDES, agreed Monday to provide Venezuela’s state oil company with $637 million in

RIO DE JANEIRO— (Dow Jones & Company) Brazilian labor officials prohibited Petroleo Brasileiro SA, or Petrobras, from restarting operations at a