News

HOUSTON (Dow Jones)–The U.S. Coast Guard rescued two men from a burning Gulf of Mexico oil platform on Sunday. The platform, owned by Houston-based Arena

MANAMA, Bahrain – A request for assistance from a Japanese-owned merchant vessel in the Somali Basin led to Combined Maritime Forces (CMF) warship USS

WASHINGTON (Dow Jones)–U.S. investigators said Friday that problems with engineering documents on a BP PLC (BP, BP.LN) production platform in the Gulf of

MIDDLETOWN, RI – KVH Industries, Inc., (Nasdaq: KVHI) today announced that Netherlands-based Vroon has chosen the KVH TracPhone® V7 and its mini-VSAT

AMSTERDAM (Dow Jones)–Major oil companies are increasingly trying to push liabilities of offshore oil projects onto sub-contractors as risk awareness has

Rolls-Royce has been selected to supply a unique replenishment-at-sea (RAS) system to the Royal Navy. It will enable heavier-than-ever loads to be transferred

Hamilton, Bermuda – Teekay Corporation (Teekay) announced today that it has agreed to sell its remaining 49 percent interest in Teekay Offshore Operating

The Greek participating Amver tanker Delta Kanaris rescued four French sailors Sunday Feb. 27, 2011 after the sailors activated their personal locator beacon

According to gCaptain sources, Niels Stolberg, Chief Executive Officer of German heavy-lift shipping operator Beluga has stepped down from his post amid a

Noble Corporation (NYSE: NE) today announced that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for

SANTA BARBARA, Calif. — The co-chairman of the presidential panel that investigated last year’s Gulf of Mexico oil spill said Thursday the

HOUSTON — Transocean Ltd. (RIG) Chief Executive Steve Newman received compensation valued at $6.3 million in his first year at the helm of the

While Noble Energy (NBL) made headlines as the first operator to receive a deep-water drilling permit in the US Gulf since the Deepwater Horizon disaster, the

Private security firm Naval Guards Ltd successfully rescued their Dutch clients on board M/Y Capricorn after it had been overrun by pirates in the central

Summary of maritime crime developments and incidents, week of 24 February 2011 (source: ONI): INDIAN OCEAN: Yacht (CAPRICORN) was fired upon and boarded 2

Ulstein Verft today delivered the new PSV ‘Rem Hrist’ to Remøy Shipping.  ‘Rem Hrist’ is Remøy Shipping´s first vessel from

Wartsila has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for

The ICC International Maritime Bureau (IMB) has recently seen a rise in the number of Nigerian oil frauds reported to them. Over the first few weeks of 2011,

The MV EMS RIVER, which was pirated on 27 December 2010, was released from pirate control on 1 March 2011. The Antigua/Barbuda flagged and German owned vessel

Petrobras yesterday announced the balance of the Brazilian Shipping Companies Program (EBN), part of a set of initiatives designed to reduce dependence on the