News

Swiftships Shipbuilders of Morgan City, La., is being awarded a $20,221,529 modification to previously awarded contract  for the detail, design and

Petrobras’ board of directors approved the bidding process for the construction, in Brazil, of the first seven of a total of 28 offshore drilling rigs

St. John’s, NL, Canada: Canadian based Rutter Technologies, a division of Rutter Inc. (TSX: RUT), has entered into an agreement MSRC to provide its Oil

Coast Guard Commandant Adm. Bob Papp discussed the Coast Guard’s Marine Safety Performance Plan, merchant mariner credentialing and the maritime

CLEVELAND—U.S.-flag Great Lakes freighters (“lakers”) carried 3.4 million tons of dry-bulk cargo in January, an increase of 46 percent over a

HOUSTON -(Dow Jones)- Oil giant Chevron Corp. (CVX) said this week it expects the federal government to start issuing permits for deepwater drilling in the

KUALA LUMPUR (AFP)–A Malaysian court Friday charged seven suspected Somali pirates for firing at Malaysian navy commandos in a Gulf of Aden raid, under

Gamesa Technology Corp., a global wind energy leader, and the shipbuilding operations of Northrop Grumman Corp., America’s largest shipbuilder, yesterday

State-of-the-art Integrated Automation and DP system supports unique HiLoad concept The 27th January 2011 was a milestone in the development of the unique

FRANKFURT -(Dow Jones)- Maritime traffic on the Rhine river has been blocked entirely between the German towns of St. Goar and Oberwesel since Wednesday

ZUG, SWITZERLAND — Transocean Ltd. today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing

ULSTEIN has signed a contract for delivering an offshore IMR/ construction vessel of the ULSTEIN SX148 design to Eidesvik Offshore. Working closely with

[Dow Jones] Citigroup reiterates its bullish view on Korean shipbuilders; “we view the recent price correction as an enhanced buying opportunity.”

HOUSTON (Dow Jones)–Noble Energy Inc. (NBL) said Thursday it is planning to return to exploratory drilling in the deep water of the Gulf of Mexico later

“So, what is the state of the Coast Guard today? Well, I can report that we’re ready to meet mission demands, but we’re facing some real

WASHINGTON—The Department of Homeland Security (DHS) and Department of State (DOS) yesterday announced the creation of an annotated version of the B-1

WASHINGTON — U.S. Coast Guard Commandant Adm. Bob Papp delivered his first State of the Coast Guard address at Joint Base Bolling-Anacostia in

WASHINGTON–Gas prices in the U.S. could rise to an average of $3.30 per gallon in 2012, the top official at the U.S. Energy Information Administration

WASHINGTON – Wind energy projects off the coasts of four U.S. states will be fast-tracked for approval, top Obama administration officials said this

Wärtsiläs Board of Directors has appointed Mr Bjorn Rosengren M.Sc. (Tech.) as the new President and CEO of Wärtsilä Corporation. He will assume the