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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

With Maersk Line’s new CEO, Søren Skou, now at the helm, the world’s largest container shipping company has announced a nearly complete

Algoma Central Corp., the largest Canadian shipowner and operator of Canadian-flagged Great Lakes vessels, has announced plans to install fresh water exhaust

Horizon Lines has announced that the company has entered into an agreement with the U.S. Department of Justice to resolve previously announced oily water

A bridge in western Kentucky has partially collapsed after being struck by a cargo ship Thursday night.  According to officials, two spans of the U.S. 68/KY

A Brazilian prosecutor plans to file criminal charges against Chevron Corporation and some of its managers for their role in the Frade oil spill that occurred

NEW ORLEANS — The Obama administration today announced that the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold the

Transocean, the world’s largest offshore drilling contractor, has announced yet another senior-level executive has resigned.  Transocean made the

Noble Corp.’s (NE) fourth-quarter profit rose 29% as the offshore driller’s contract revenue improved. Noble has been investing billions of dollars

The U.S. Federal Energy Regulatory Commission (FERC) today issued the United State’s first-ever pilot project license for a renewable tidal energy

Human factors has been named the biggest challenge facing the offshore oil and gas industry, according to a survey of industry professionals released today by

A rather dramatic scene unfolded over the past three days in the Indian Ocean involving a EUNAVFOR warship, a group of pirates, 15 hostages, and an attack on a

The following is a press statement from piracy watchdog, IMB Piracy Reporting Centre, regarding their 2011 Global Piracy Report released today. Pirate attacks

The U.S. Office of Naval Intelligence has issued an advisory that the hijacked MT Enrico Ievoli is underway off the coast of Somalia and possibly heading for

http://www.youtube.com/watch?v=zXKPiKQHTqY This dramatic video shows UK forces stopping a group of Somali pirates that were trolling for ships in the Indian