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A.P. Moller-Maersk A/S, owner of the world’s biggest container-shipping line, reported an unexpectedly strong increase of 85% in first-quarter profit,

WASHINGTON—The U.S. on Wednesday approved a Royal Dutch Shell PLC plan to drill for oil in five locations deep under the Gulf of Mexico. The Shell plan

Having undergone repair works in the port of Kaliningrad, the world’s biggest sailing ship, Russian-owned barque Sedov, has embarked on a new voyage.

Crowley’s double-hull, environmentally friendly barges, 165-1 and 165-2 (SEATTLE, May 10, 2011) – Preparing to take environmental protection of

Building on the success last year’s inaugural event, the second annual Maritime Industry Congressional ‘Sail-In’ May 4 drew more than 180

HOUSTON (Dow Jones)–Contract drillerNoble Corp. (NE) is suing Marathon Oil Corp. (MRO) and seeking damages for terminating a four-year, $752 million deal

When the Department of Homeland Security announced the idea of a new consolidated Coast Guard headquarters it seemed fitting, considering the Coast

HOUSTON—Transocean Ltd.’s first-quarter profit dropped 54% as the driller’s utilization rate continued to slide, and results missed Wall

Houston: DNV has announced that it has been appointed as the Certified Verification Agent (CVA) for the Cape Wind Project, the first offshore wind farm to be

GL Noble Denton has published a new Guideline for the certification of blow-out preventers (BOPs), clearly defining the process to be undertaken by independent

Pictured: Hurricanes Karl, Igor, and Julia in 2010 courtesy NOAA Oil rigs and refiners along the Gulf Coast could soon receive two additional days to batten

Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich delivered remarks Monday at the 2011 Offshore Technology

Technip was awarded a 10-year master agreement by BP Exploration and Production, Inc. The agreement covers the design, procurement and construction of hulls

HOUSTON – Cummins Inc. (NYSE: CMI) announced the Cummins Oil and Gas Center of Excellence, a business launched to serve the needs of its growing oil and

HOUSTON -(Dow Jones)- Shell Oil may be close to winning permission from the U.S. Department of the Interior to drill up to five wells in the waters off of

HOUSTON (Dow Jones)–The head of the U.S. agency that oversees offshore oil production said Monday that it would seek to pursue regulatory actions against

Hanjin Shipping announced Monday it received the fourth vessel in a series of five container ships with capacities of 10,000TEU. The vessel, named

Houston: The U.S. Coast Guard has extended DNV’s statutory authorizations under the USCG Alternate Compliance Program to include Passenger Ship Safety

CGGVeritas announced today a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet,

WASHINGTON (Dow Jones)–The U.S. Interior Department said Monday it is reducing the size of an area in waters off the Massachusetts coast that it is