News

UPDATE:  According to a report from Tradewinds, the order could include 18,000-teu giants. SEOUL (Dow Jones)–South Korea’s Daewoo Shipbuilding

gCaptain sources have reported this morning that S/V Quest has been attacked by pirates in the Indian Ocean, and her crew of 4 Americans are currently being

LONDON (Dow Jones)–Insurers in London’s financial district are finalizing plans to create a private fleet of armed patrol boats in the Gulf of

BOURBON is named ‘Shipowner of the Year 2010’ by the Offshore Support Journal. The Group is publicly recognized by this award as “the company

Just in from the Office of Naval Intelligence: At 1323Z a hijacked sailing yacht and possible pirate mother ship were located at 1800N 06102E approximately

HONOLULU — Honolulu-based Pasha Hawaii this week announced the signing of a contract with VT Halter Marine, Pascagoula, MS, for the construction of a

WASHINGTON (Dow Jones)–U.S. offshore-drilling regulators are investigating the death of a worker who died Wednesday aboard a natural-gas production

The Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), announced today that the

HOUSTON (Dow Jones)–A consortium of oil giants led by ExxonMobil Corp. (XOM) said Thursday that an early version of its containment system for deepwater

WASHINGTON – U.S. Transportation Secretary Ray LaHood today announced contracts totaling $77 million for three U.S. maritime firms to operate 10 National

Wärtsilä has, in the autumn of 2010, initiated a major project to further develop its low-speed engine portfolio to include gas engines, alongside its

Convicted Somali pirate, 21-year-old Abduwali Muse, was sentenced today in New York to 405 months, nearly 34 years, in federal prison for his participation in

Introduce Resolution Calling for Adequate Guidance for Shallow and Deep Water Operators WASHINGTON, D.C. – Today, a bipartisan group of U.S. Senators,

Rolls-Royce has won a £20 million (US $32 million) order from Chinese conglomerate Sinopec to design and equip a specialist seismic research vessel.  When

A request for assistance from the South Korean merchant vessel Yong Jin in the Indian Ocean on 10th February led to Combined Maritime Forces (CMF) warship HMS

By Mass Communication Specialist 1st Class Stephen Murphy, Defense Media Activity-Anacostia WASHINGTON (NNS) — Deputy Assistant Secretary of the Navy for

Petrobras today announced the discovery of a new accumulation of good quality oil (26º API) in the Santos Basin pre-salt reservoirs. The discovery resulted

WASHINGTON -(Dow Jones)- A BP PLC (BP, BP.LN) vice president in charge of drilling operations in the Gulf of Mexico resigned over safety concerns just months

WASHINGTON, DC – President Barack Obama today announced his request for $358.4 million to fund the Bureau of Ocean Energy Management, Regulation and

WASHINGTON -(Dow Jones)- Oil and gas drillers would be charged new fees and royalty rates under President Barack Obama’s 2012 spending plan announced