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MOSCOW (Dow Jones)–Danish shipping giant A.P. Moller-Maersk A/S (MAERSK-B.KO) is likely to exercise an option to order ten large container ships from

Hamburg, Germany – In a world increasingly dominated by the need to reduce environmental impacts, what role does shipping have to play? Technological

Satellite communications provider Marlink has released a series of videos begging a number of questions about the maritime satellite communications industry

“Most hated man in America”, Tony Hayward, gets a fresh start with successfull initial public offering of new investment vehicle, Vallares PLC

The International Marine Bureau’s ICC Commercial Crime Services explains how Somali pirates are influence by and adapt to seasonal changes in weather.

Speaking at the IADC World Drilling Conference in Copenhagen, Douglas-Westwood’s CEO, Andrew Reid, outlined the impact emerging markets will have on

On the morning of June 10, the EU NAVFOR German warship FGS Niedersachsen detected a suspected Pirate Action Group (PAG) while conducting a routine patrol in

The Marine Well Containment Company (MWCC) announced today that its capping stack has met the requirements for containment operations in water depths up to

HOUSTON (Dow Jones)–Diamond Offshore Drilling Inc. (DO) said Tuesday that it will move one of its deep-water rigs from the U.S. Gulf of Mexico later this

American Commercial Lines Inc. (ACL) announced today that it has launched the first in a series of tanker barges to be constructed at its Jeffboat

HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

EU NAVFOR says that on June 10, the MV ZIRKU was released from pirate control after 73 days in captivity. The vessel was pirated on the March 28, approximately

Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company

U.S. maritime industry publicly recognized the women and men responsible for safe ship operations at the Annual Safety Awards Luncheon held at the Loews New

Bloomburg news makes disturbing accusations of shipowner turning a blind eye towards crews torture by Somali pirates. They tell us: Shipowners are failing to

Company Has Agreed to Pay $900,000 Monetary Penalty (WASHINGTON) — A ship management company headquartered in Greece that operated a 29,414 – ton

Exxon Mobil Corp.’s huge new oil discovery in the Gulf of Mexico is good news for domestic energy production, but it’s even better news as a sign

ExxonMobil Corporation (NYSE:XOM) today announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the

Keppel FELS Limited (Keppel FELS) has been awarded a US$142 million contract by Seadrill to build a repeat semisubmersible drilling tender (SSDT) based on the

Shell today announced a significant, multi-billion dollar investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico