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(Bloomberg) — For all the embarrassment billionaire Paul Singer caused Argentina by seizing one of its navy ships, the biggest triumph in a decade-long

NATO’s counter piracy flagship, HNLMS ROTTERDAM, was forced to return fire on a pirate dhow while conducting routine surveillance this week in the Gulf

Maersk Drilliing’s newbuild drillship, Deepwater Advanced 2, will head to the U.S. Gulf of Mexico upon completion in 2014 after being secured in a three

Ship Finance Limited  (NYSE: SFL) today said it has added car carriers to its fleet with the purchase of two vessels at a “very attractive”

(Bloomberg) — BAE Systems Plc is testing a naval gun for smaller warships, a market that’s growing amid demand from the Middle East and coast

The maritime transport of nickel ore is no easy task. Nickel ore cargoes can liquefy during transport, drastically impairing the ship’s stability and

BUENOS AIRES–Argentina has decided to evacuate the crew of the naval training ship ARA Libertad, which has been detained in a port in Ghana since Oct. 2

LONDON–An oil-services helicopter crashed into the North Sea Monday with 19 people on board, the U.K. coastguard and the operating company said Monday.

(Bloomberg) — Somalia piracy attacks against merchant shipping fell to the lowest in six years in the third quarter as armed guards on vessels

Nearly two years after being hijacked by Somali pirates in the Indian Ocean, the M/V Orna has been released. However, only 13 of its 19 crew members have been

Herdon, Virginia — U.S. Navy Rear Admiral (Ret.) Terence E. “Terry” McKnight, the pioneering U.S. Commander of Task Force 151 off the coast

Seadrill Partners opened at $24 on the New York Stock Exchange, up 9.1% from its offer price of $22. The company’s initial public offering of 8.75

A thin slick of oil in the Gulf of Mexico appears to be coming from a containment dome that was abandoned on the sea floor during efforts to stop

A South Korean coast guard vessel capsized after rescuing crew members of a damaged cargo ship off the southern island of Jeju, the Associated Press has

(Bloomberg) The Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices

Game, set and match to Rosneft. The state-owned Russian oil giant  (ROSN.RS) is poised to secure 100% of TNK-BP (TNBP.RS), the oil company now jointly

7 crewmembers from a Bourbon Offshore AHTS have been kidnapped off the coast of Nigeria, the French offshore services company confirmed Wednesday. Bourbon say

by Will Watson The scourge of piracy has affected the maritime industry in many ways and one significant change; Piracy now plays a much larger role in

(Bloomberg) — A Chinese fisherman died from injuries sustained in a South Korean coast guard raid after his vessel entered South Korean waters in the

Volatility in crude oil prices in recent months has made an impact on the offshore development. To learn about the causes of this market volatility, as well as