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Statoil and ExxonMobil announced today that the recent discovery of natural gas off the coast of Tanzania has proven to be a rather significant find, further

NEW DELHI– The detention of two Italian naval officers over the fatal shooting last week of two Indians at sea has caused a diplomatic rift that deepened

The Seamen’s Church Institute (SCI) has just released a series of videos on Youtube highlighting the stories of four former pirate hostages.

LOS CABOS — The United States and Mexico agreed Monday to work together on oil and gas development in the Gulf of Mexico, paving the way to end a

Somali pirates have hijacked the UAE-owned M/V Savina-Fahad, Somalia Report has confirmed citing a Somali businessman in Dubai and a local pirate source.

  WASHINGTON (Dow Jones)–U.S. officials have approved an oil-spill plan for Royal Dutch Shell PLC (RDSA, RDSA.LN) as the company looks to begin

A portion of the Mississippi was closed Friday morning after two barges collided causing an oil spill about 50 miles upriver from New Orleans. The Coast Guard

The United Kingdom has stated they will share in a large discovery of oil off the coast of the once disputed Falkland Islands.  With royalties from the

20,000 metric tons. That’s 98 Statues of Liberty or 10,000 VW Beetles. But when you’re building the world’s largest vessels in the world,

(Washington, DC—) ABS celebrated its 150th anniversary in Washington, DC on January 31 and was recognized by Members of Congress for the classification

Somali piracy cost the shipping industry and governments almost $7 billion in 2011, according to an annual report released today by the nonprofit and

SEACOR Holdings announced today that it will be selling off a portion of its environmental business to J.F. Lehman & Company, a private equity firm focused

The Bureau of Safety and Environmental Enforcement (BSEE) and the National Oceanic and Atmospheric Administration (NOAA) announced today they are partnering to

A Maltese-flagged cargo ship caught fire yesterday while stuck in heavy ice in the Azov Sea.  The vessel, the M/V Captain Ivan Vikulov, sent a distress signal

PARIS (Dow Jones)–Iran has no intention of blockading the Strait of Hormuz, the sea route through which about a fifth of the world’s oil is

Houston, Texas – Kirby Corporation (NYSE:KEX) has announced record net earnings attributable to Kirby for the fourth quarter ended December 31, 2011 of

LONDON (Dow Jones)–Shippers are on the alert as instability in Nigeria threatens to worsen an already serious problem with piracy in the Gulf of Guinea,

Costa Crociere, operator of the Costa Concordia, has invited 10 of the world’s leading salvage companies to bid for the contract to remove the stricken

WASHINGTON — Echoing President Obama’s State of the Union call for an “all of the above” energy strategy, the Department of the

Petrobras announces that, since yesterday, it has adopted all contingency procedures in response to the rupture that took place in the vertical production