News

The General Electric LM2500 gas turbine engine Energy giant Chevron Corp. (CVX) awarded General Electric Co. (GE) a contract in the Gulf of Mexico, in which

HONG KONG (Dow Jones)–Cosco Shipping Co. (600428.SH), the heavy-lift and project cargo unit of state-owned China Ocean Shipping (Group) Co., plans to

Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy

Norwegian oil-rig operator Songa Offshore SE said Tuesday it has been awarded a $2.5 billion contract to charter two new semisubmersible drilling rigs to

Hamilton, Bermuda, June 29, 2011 – Teekay Corporation (NYSE: TK) (Teekay) today announced it has signed a memorandum of understanding (MOU) with A2SEA

Support ship Fort Victoria helped thwart an attack as pirates fired rockets at a merchant ship off Oman. 04 July 2011 Ten pirates in a couple of skiffs made

Mississippi Senator Thad Cochran Offers Resolution, Expresses Appreciation to Coast Guard Leader WASHINGTON, D.C. – The U.S. Senate today approved a

Keppel Offshore & Marine’s new orders for the year-to-date reaches S$7.4 billion Keppel FELS Limited’s (“Keppel FELS”) repeat

Figures the Coast Guard would drop this news right before the holiday weekend.  Thanks to our friends on watch in the Gulf of Mexico who gave us the

WASHINGTON – To complement its existing safety inspection regime for foreign-flagged vessels operating in U.S. waters, the U.S. Coast Guard Friday

Rescue 21 coverage map courtesy USCG General Dynamics C4 Systems announces that the U.S. Coast Guard completed the 25,000th Rescue 21 search and rescue mission

The Dutch Navy just released a video featuring a real deal, high seas gunfight during an anti-piracy operation on April 2, 2011. 16 pirates were arrested and 2

FRANKFURT (Dow Jones)–German industrial conglomerate ThyssenKrupp AG (TKA.XE) Friday said it had cancelled a large part of the sale of its shipbuilding

MELBOURNE (Dow Jones)–The U.S. Navy has ordered two more Joint High Speed Vessels from Australian shipbuilder Austal Ltd. (ASB.AU) as part of a

Summary of Worldwide Crime and Piracy, week of 22 June 2011 (Source: ONI) GULF OF GUINEA: A chemical tanker was hijacked 26 June at 0245 UTC off of Cotonou,

DOHA — Qatar, the Persian Gulf emirate that is the world’s largest exporter of liquefied natural gas, is poised for a sharp rise in the value and

RIO DE JANEIRO (Dow Jones)–Cargo handling capacity at Brazil’s ports is set to rise to 1 billion metric tons a year in late 2012 or early 2013,

SINGAPORE (Dow Jones)–Singapore-listed Ezra Holdings Ltd. (5DN.SG) is due to ship a large offshore floating oil production unit to Vietnam this week,

Image by Lou Vest SINGAPORE (Dow Jones)–The Asia crude tanker market is slowing, with increased vessel availability from mid-July, but healthy gasoline

COPENHAGEN (Dow Jones)–Danish Maersk Line, the world’s largest container shipping company, has no intention of exercising an option that would