News

  By Roberta Rampton WASHINGTON (Reuters) – President Barack Obama on Saturday defended his decision to allow Royal Dutch Shell to drill for oil in

The world’s second LNG-powered containership was launched Saturday at the General Dynamics NASSCO shipyard in San Diego. The Perla del Caribe is the

    By Anthony DiPaola (Bloomberg) — Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company

The Ramform Atlas has to be one of the strangest-looking ships ever built. It is one of two new vessels in the Ramform Titan class of 3D seismic survey

  The Panama Canal Authority (ACP) said Friday that recent rainfall and water management measures means that upcoming draft restrictions for vessels using

  A fire broke out in the cargo area of a UASC containership early Friday morning as it arrived at the port of Hamburg. Local media reports say that

A 300-meter containership that lost power off Spain on Thursday drifted to within just miles of land before a tug was able to gain control of the vessel and

  By David J. Lynch (Bloomberg) — Even as melting Arctic glaciers threaten to swamp shorelines, nations from Russia to the U.S. are betting that

By Drazen Jorgic NAIROBI, Aug 28 (Reuters) – An Iranian fishing vessel and its crew have escaped after being held captive for five months by Somali

  A core sample pulled from the concrete of the Cocoli Locks where cracks and leaks have appeared does not bode well for the Panama Canal expansion

  Norwegian platform supply vessel owner World Wide Supply says that the weak spot market in the UK sector of the North Sea has forced it to lay-up two

Here’s a time-lapse showing the building of the Lego-version Stena IceMAX drillship at LSME (that’s Lego Shipyard and Marine Engineering). The

Two crew members from a dive support vessel were injured Wednesday after a natural gas pipeline they were working on caught fire in the Gulf of Mexico. The

By Bloomberg News (Bloomberg) — The Chinese company seeking to build a $50 billion canal across Nicaragua said the project has broad public support and

  By Naomi Christie (Bloomberg) — Oil traders are asking about options to store crude at sea, a development that could help rates for tankers to

  ROME (Reuters) – Rescuers saved about 3,000 migrants but found more than 50 dead on boats near the coast of Libya on Wednesday, the Italian coast

Stena Drilling has pleaded guilty in Australia to charges related to a fatal accident on board its Stena Clyde semi-submersible drilling rig in 2012 in which

  Svitzer has signed a newbuilding contract with Sanmar Shipyard in Turkey for the construction of six terminal tugs to fulfill new contracts in

RIO DE JANEIRO, Aug 26 (Reuters) – A heating unit at a Petrobras depot in Brazil used to treat fuel for ocean-going ships exploded on Wednesday, killing

On Tuesday night, yard number 302, an offshore construction vessel for Island Offshore and Edison Chouest Offshore, was launched from the dock hall at Ulstein