News

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates for container shipments between Asia and Australia from April 15,

(Dow Jones) Norwegian shipping company Stolt-Nielsen Ltd. (SNI.OS) said Thursday that its Stolt Tankers B.V. unit, operator and owner of MT Stolt Valor,

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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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