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“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement

DryShips has posted its sixth straight quarterly loss and says it does not expect charter rates to improve this

These images from EU NAVFOR do a good job of illustrating the spread of piracy from 2009 to 2011, then its retreat in 2012 and

The EU has pledged some $47 to strengthen counter piracy efforts in several Eastern and Southern African countries, the European Commission announced

The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s 2010 spill in

Offshore oil services firm Subsea 7 provided more evidence on Thursday of difficulties this industry faces from project delays, cost pressures and skill

The EU Naval Force (EUNAVFOR) has reiterated its warnings that Somali pirates are still determined to get out to sea and, if presented with an easy target,

Tidewater Inc. (NYSE: TDW) said Tuesday that it has entered into an agreement with HitecVision for the purchase Troms Offshore Supply for approximately $395

Petrobas sold $11 billion of bonds abroad on Monday, the most ever for an emerging- market issuer, as it seeks to develop the biggest offshore oil find in the

Nigerian pirates have released five crewmembers kidnapped from the City of Xiamen containership during an April 25 attack about 100 miles off Nigeria’s

Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s biggest container

Wallenius Wilhelmsen ASA (WWL) said it has signed a deal with Hyundai Heavy Industries (HHI) for the construction of two Post Panamax car

Shell's 100 percent-owned Stones field was discovered in 2005, some 200 miles southwest of New Orleans in 9,500 feet of

Britain to spend millions on bolstering Somalia's security forces and help boost radio communications along the Somali

New "OVERDRILL" design promises increased variable deck load capacity, reduced overall dimensions, and increased

Harvey Gulf International Marine in New Orleans signed $540 million worth of contracts to add 14 vessels to its deepwater

Continuing with the Jones Act theme we’ve seen this week, here are two views from Hawaiians opposing the Jones Act. In this first video, Reason TV sits

International classification society ABS has released an advisory on the use of exhaust gas scrubber systems in order for ships to meet increasingly stringent

The American Maritime Partnership has elected Thomas Allegretti as its new

Shell to name Ann Pickard as head of its Arctic operations, moving her from the helm of the company's Australian