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NORFOLK, Va.—A Somali man the U.S. believes is the highest-ranking pirate it has ever captured pleaded not guilty in federal court Wednesday to piracy,

By Evan Ramstad, The Wall Street Journal Online’s Korea Real Time Report After orders for ships plunged in the second half of 2008 and virtually dried up

Shares in STX Offshore & Shipbuilding (067250.SE) are up 7.1% at KRW31,900 on news that the South Korean shipbuilder is close to winning a KRW3-trillion

While Earth Day was being celebrated around the world, a young maritime industry led agency added to the festivities by announcing it now has over 100

ABS just released news about two US-flagged liftboats that have been specified with their Wind IMR notation.  Per ABS code, a Wind Turbine IMR Unit is

WASHINGTON—Ali Mohamed Ali, 48, has been indicted for conspiracy to commit piracy and other charges that allege he acted as a negotiator on behalf of

(Dow Jones) – BP PLC (BP, BP.LN) has confirmed that its shipping unit has added a “radiation clause” to its contracts since last month, to

M/V Asphalt Venture courtesy EU NAVFOR EU NAVFOR has reported that the general cargo ship M/V Asphalt Venture has been released from pirate control.  The

LOCKPORT, La – In a ceremony held at Crowley’s Jacksonville, Florida office, Bollinger Shipyards executive vice president, new construction, Chris

WASHINGTON (Dow Jones)–The U.S. offshore drilling regulator is reviewing its authority to apply “any” or “all” of its regulations

McDermott International, Inc. (NYSE:MDR), announced today that one of its subsidiary companies was awarded fabrication and installation work from Chevron

HOUSTON—When the staggering costs of BP PLC’s deep-water Gulf of Mexico oil spill became clear, investors feared that small, independent oil and

WASHINGTON (Dow Jones)–BP Plc has agreed to provide $1 billion to help restore wildlife and habitats in the Gulf of Mexico as part of an agreement with

The FNS POHJANMAA boarding team detaining the suspected pirates Thursday, the EU NAVFOR was forced to release 18 suspected pirates after requests to a number

Transocean Ltd. (RIG, RIGN.VX) said it filed cross-claims against BP PLC (BP, BP.LN) and other entities involved in last year’s Gulf of Mexico oil spill,

​IMO and the Korea International Co-operation Agency (KOICA) Thursday signed a Co-operation Agreement at the Organization’s London Headquarters,

BP PLC (BP, BP.LN) said it had filed a lawsuit against Halliburton Co. (HAL), claiming its “misconduct” contributed to last year’s Deepwater

MV ROSALIA D’AMATO (Source: Robert Smera/PBase) The European Union Naval Force Somalia, or EU NAVFOR, has reported that the bulk carrier M/V Rosalia

The following is a statement byPresident Obama posted to WhiteHouse.gov with regards to the one year anniversary of the BP Deepwater Horizon Oil Spill: One

By Bob Dudley, Group Chief Executive, BP p.l.c. A year ago [Wednesday, April 20], the Deepwater Horizon drilling rig exploded, killing 11 men and causing the