News

The following is the summary of global piracy for the week of 19-25 April and weekly piracy warning, via Office of Naval Intelligence. YEMEN: Fishing vessel

LONDON -(Dow Jones)- Repairs are complete at Nexen Inc.’s (NXY) Buzzard oil field in the North Sea, shut since Saturday after an incident, the

PARIS (Dow Jones)–Oil major Total SA (TOT, FP.FR) Thursday said the specialized crew currently intervening on its North Sea Elgin Platform have further

http://www.youtube.com/watch?v=1l-FnV1y678 Sorry India, but it’s been over two years and your citizens are still sitting in a Somali hell hole for no

Gothenburg, Sweden ‐ The recently established G6 Alliance has added direct service Gothenburg, Sweden to its weekly Far East/Europe port rotation with

LONDON (Dow Jones)–Recent incidents in the U.K. North Sea have highlighted the dangers faced by workers as ageing oil and gas installations reach the end

Rig builder Lamprell announced today the receipt of a $333 million order for two, Super 116E (Enhanced) Class jackups from Abu Dhabi’s National Drilling

In a rather bold statement during a meeting between Sovcomflot’s (SCF) Board of Directors last week, the Board’s Chairman, Ilya Klebanov noted:

– By Per Wiggo Richardsen, DNV Recognising that LNG is one of the best solutions for complying with upcoming emission regulations for ships, DNV is

Destined for the Norwegian North Sea, a new semisubmersible is delivered from Yantai CIMC Raffles Shipyard. COSLPromoter, the third semi-submersible drilling

WASHINGTON – On May 8, 2010, the 310-foot-long passenger ferry Andrew J. Barberi lost propulsion control of one its two cycloidal propellers as the

(Dow Jones) A former engineer for BP PLC (BP, BP.LN) has been arrested and accused of deleting text messages detailing how much oil was gushing into the Gulf

In what must have been a rather tense meeting this morning, Fairstar Heavy Transport N.V. (FAIR) met with representatives of Dockwise in Fairstar’s

LONDON (Dow Jones)–Iranian oil stored at sea is building up due to international sanctions but the measures are also proving a boon to its home-grown

LONDON (Dow Jones)–Two cargoes from the May loading program of North Sea Forties crude have been deferred as the Nexen Inc. (NXY)-operated Buzzard oil

The Norwegian-owned offshore accommodation vessel, Edda Fides, one of the most advanced and sophisticated vessels of its type in the world, has been dry-docked

Newbuild orders for subsea construction and supply vessels have been placed today by Norwegian shipowners Rem Offshore and Island Offshore. Having built a

10 Taiwanese fishermen were forced to abandon ship 700 miles west of Guam this weekend when their 70-foot fishing boat Hsin Man Chun caught fire.  Upon

Fairstar Heavy Transport N.V. (FAIR) announced today that they have received an unsolicited, conditional, offer from Dockwise to acquire Fairstar shares at a

On Wednesday 18 April, EU Naval Force (EU NAVFOR) Spanish warship, ESPS Infanta Elena rescued 6 Sri Lankan fishermen and their fishing vessel from 7 suspected