News

The latest maritime and offshore news.


Wednesday, March 14, 2012
chevron australia managing director roy krzywosinski
News

Chevron: Near-Term Production Relatively Steady Before Upcoming Australian LNG Boom [VIDEO]

http://www.youtube.com/watch?v=iezL5yzHpMI (Dow Jones) Chevron Corp. (CVX) said Tuesday its oil and gas production will inch up this year but it expects output

March 14, 2012
Total Views: 42

Damen PSV 3300
Engineering News

Petrobras Orders 4 Damen Platform Supply Vessels from Wilson Sons

Wilson Sons Limited, a long time partner with Damen Shipyards, announced today that its joint venture partner Ultratug Offshore signed a contract with

March 14, 2012
Total Views: 167

the love boat
News

The Love Boat Sold For Scrap

Fans of bad TV from the 70’s and 80’s are shedding a tear today on news that one of the world’s most famous ships, the M/V Pacific, has been

March 14, 2012
Total Views: 511

Aztec maiden tbs international
Finance

TBS International Escapes Liquidation, Shareholders Are Left Holding the Bag

TBS International PLC (TBSIQ) responded to shareholder objections of its Chapter 11 plan Monday, saying this restructuring is its only option to avoid

March 14, 2012
Total Views: 102

Technip and Aker Awarded Entry to Statoil’s Design Competition for World’s Largest Spar Platform
Engineering News

Technip and Aker Awarded Entry to Statoil’s Design Competition for World’s Largest Spar Platform

Technip and Aker Solutions have recently announced they both have been awarded front-end engineering design (FEED) contracts by Statoil ASA for the development

March 14, 2012
Total Views: 159

damen fast crew supplier
Engineering News

Ecuadorian Shipyard to Build Damen Fast Crew Supplier for Oilfield Executives

For the first time, a Damen Fast Crew Supplier 1605 will be built in Ecuador by Astilleros Navales Ecuatorianos (ASTINAVE) Shipyard. Damen is supplying the

March 14, 2012
Total Views: 126

News

Growth for Wilhelmsen Ships Service in Asia Pac Continues Despite Market Outlook

Press Release – Wilhelmsen Ships Service (WSS) has reported year-on-year growth in South East Asia – despite what WSS Area Director Niall Denholm

March 14, 2012
Total Views: 55

Tuesday, March 13, 2012
Alaskan star drilling rig
Incidents

Alaskan Star Drilling Rig Catches Fire Offshore Brazil

Petrobras announces that on Tuesday (13/03) around 14:30, the drilling rig SS-39 (Alaskan Star), a semi-submersible drilling rig owned by Queiroz Galvao

March 13, 2012
Total Views: 325

youth piracy somalia report
News

Trading Life for Money – a Somalia Report Exclusive

A Reformed Pirate Tells his Story By Abdihakim Warsame, Somalia Report Youth are a largely curious and impressionable lot who are prone towards the more

March 13, 2012
Total Views: 74

USCGC Northland
Defense

USCG Cutter Northland Makes Huge Cocaine Bust

MIAMI — The crew of the Coast Guard Cutter Northland interdicted 3,532 pounds of cocaine from a 35-foot go-fast vessel in the Caribbean Sea March 3.

March 13, 2012
Total Views: 272

Deepwater Millennium flow test natural gas flare anadarko mozambique
News

Anadarko CEO on Natural Gas: “Beyond 2014 you get into very, very, interesting territory”

THE WOODLANDS, Texas (Dow Jones)–Anadarko Petroleum Corp. (APC) expects natural gas prices to rebound significantly from their current depressed status

March 13, 2012
Total Views: 59

berlian laju tanker logo
Finance

Berlian Laju Tanker Avoids Getting Ships Impounded, Financial Restructuring Underway

SINGAPORE (Dow Jones)–Indonesia’s Berlian Laju Tanker (B66.SG) said Tuesday it had obtained an order in the High Court of Singapore that prevents

March 13, 2012
Total Views: 57

Introducing the Constructor-Class from GustoMSC
Engineering News

Introducing the Constructor-Class from GustoMSC

Oil and gas will remain the backbone of the world’s energy supplies for a long time to come, and the offshore sector continues to expand in every

March 13, 2012
Total Views: 172

Monday, March 12, 2012
Helix ESG Q4000 well intervention semisubmersible
Engineering News

Helix Signs Contract for New Well Intervention Semi from Jurong Shipyard

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) on Tuesday said it has secured a US$385.5 million order to build a semisubmersible well intervention

March 12, 2012
Total Views: 97

tugboat shrouded propeller shipyard
Engineering News

China’s Shipbuilding Industry Shoots for the Stars…$189 Billion in Sales by 2015

SHANGHAI (Dow Jones)–China aims to increase annual sales by domestic shipbuilders to CNY1.2 trillion (US$189.7 billion) by 2015 as it works toward its

March 12, 2012
Total Views: 58

emerald ace mitsui mol
Engineering News

Mitsui O.S.K. Lines Launches Solar Hybrid Car Carrier

  Mitsui O.S.K. Lines (MOL) announced the launching of the hybrid car carrier Emerald Ace at the Mitsubishi Heavy Industries, Ltd, Kobe shipyard.

March 12, 2012
Total Views: 271

orient overseas OOCL containership container loading port
News

Orient Overseas CFO: Industry to “Head Back to Break-Even Level in 2012”

HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) said Monday it expects trading conditions in 2012 to remain tough as high fuel costs

March 12, 2012
Total Views: 58

Medium Range MR Tanker transpetrol
Engineering News

Brazil’s Kingfish Places $732 Million Newbuild Order for 11 Tankers

RIO DE JANEIRO (Dow Jones)–Brazilian oil field services company OSX Brasil S/A (OSXB3.BR), part of Brazilian businessman Eike Batista’s industrial

March 12, 2012
Total Views: 136

abb azipod
Engineering News

An Inside Look at ABB’s Azipods [VIDEO]

ABB released this video today that gives a new look at their Azipod ship propulsion systems that they are successfully integrating on board a number of

March 12, 2012
Total Views: 830

Front Ardenne ship finance international
Finance

Ship Finance International’s CFO Eirik Eide Departs

(Dow Jones) Ship Finance International Ltd. (SFL) said its chief financial officer plans to step down in the second quarter to join another shipping company.

March 12, 2012
Total Views: 89