News

Dockwise announced today their decision to convert their Type 2* heavy lift vessel, the Black Marlin, to a Type 1 vessel similar to its sister ship, the Blue

COPENHAGEN (Dow Jones)–Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Monday its oil and gas drilling services arm Maersk

COPENHAGEN (Dow Jones)–Financially strapped Danish shipping company Torm A/S (TORM.KO) said Monday a planned liquidity injection would result in its

LONDON (Dow Jones)–U.K. offshore safety inspectors are investigating reports of a fire on Nexen Inc.’s (NXY) Buzzard North Sea platform over the

Wallenius Wilhelmsen Logistics (WWL), the global shipping and logistics company, announced today that it is on track to reduce its relative greenhouse gas

Former offshore Rig Hand now accomplished country music singer, Trace Adkins pays tribute to the men who were lost on the Deepwater Horizon. Rest in Peace

In early April, a video surfaced which depicted a ship’s security team on an all-out assault against an apparent pirate attack.  For most the video was

13-19 April 2012 Another roller-coaster ride this week in the oil markets as volatility remains the only constant.  A positive meeting over this past weekend

Heavy lift and oversized cargo carrier, Jumbo Shipping, confirmed today the order for a second new K-class vessel, with an option on a third, to

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) first-quarter earnings slid 26% as the contract driller was hit with higher costs. The company declared

The idea was actually born in the in the ice-strewn reaches of the Great Lakes during the late 19th century when the car ferry ‘St. Ignace’ was

On the 10th of March, the cruise ship Star Princess, owned by Princess Cruises, sailed by a fishing vessel which had been stranded at sea for two weeks.

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) said Thursday first-quarter net profit more than doubled from a year earlier, mainly because of accounting

HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) plans to further raise rates for container shipments on the North Europe to Asia

SBM Offshore’s main product is the design, supply, installation and operation of Floating Production, Storage and Offloading (FPSO) vessels.   After a

At 1153 GMT, Total announced via Twitter that a team of 11 engineers had descended upon the stricken Elgin platform to commence “well kill”

Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and Chief Executive Officer since March 2002, will retire as an executive officer of

The Board of Directors of Heidmar Holdings LLC, the holding company for Heidmar Inc, announced today that they had selected its new Executive team to lead the

HOUSTON -(Dow Jones)- Cheniere Energy Partners (CQP) said Monday it has hired eight banks to help it arrange $4 billion in debt financing, the latest step in

Statoil announced today that they have awarded Aker Solutions a $1.9 billion contract involving a new type of rig, categorized “Cat-B”, destined to