FPSO Petróleo Nautipa Receives Contract Extension Offshore Gabon
BW Offshore and Fred Olsen Production have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo
BW Offshore and Fred Olsen Production have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo
Originally ordered in November 2010, the STX OSV Langstan-built Far Scotsman (STX PSV08 CD) was delivered today to Farstad Shipping Limited and is slated to
Container shipping giant CMA CGM announced plans Monday to sell it’s luxury cruise line La Compagnie du Ponant to a European private equity firm.
Breda, the Netherlands, Dockwise announced today that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the
SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise
By Tom Weaver, Partner, Weaver-Price Design & Construction Since the 1970s, the Volvo Ocean Race (VOR) has attracted an incredible global following as the
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This week’s ship er, shipyard photo comes to us via Damen Shiprepair Brest, or DSB for short, located on the northwest tip of France. Formerly known as
STX OSV Holdings Ltd. (MS7.SG) said Friday it secured contracts worth about NOK500 million ($83.5 million) to build two platform supply vessels for Island
ABB announced Thursday that it has recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and
Smit Lamnalco said Thursday that it has secured a 10-year marine support and towage contract covering ExxonMobil-led LNG export terminal operations in Papua
Keppel Offshore & Marine’s yards have secured two contracts worth a total of about US$70 million for work in the company’s U.S. and Azerbaijan
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As gCaptain report yesterday, Shell’s Kulluk and Noble Discoverer rigs set sail for the Arctic on Wednesday from Vigor Industrial’s Seattle
Nothing defines shipping’s core competence better than “risk”. It’s shipping’s gift to the rest of the business world. By Ryan
Dr. Martin Stopford of Clarkson Research Services, economist and author of the renowned textbook Maritime Economics, compares shipping to a game of 3D poker.
DNV released this video the other day showing the technical details of how exactly an LNG-powered ship such as Eidesvik’s Viking Energy is refueled.
NEW YORK–Even energy titan Exxon Mobil Corp. (XOM) is showing signs of strain from low natural gas prices. On Wednesday Exxon Chief Executive Rex
**UPDATE** The latest word is that after exhaustive searching and x-rays of the containers on board, no stowaways were found by port authorities today in
Following a successful “Day of The Seafarer” celebration held worldwide, the United Kingdom is continuing it’s honoring of seafarers with an
In the span of less than a week, a second vessel overloaded with refugees has capsized and sunk in the waters northwest of Australia, 107 miles north of
The Cruise Lines International Association (CLIA) and the European Cruise Council (ECC), acting on behalf of the global cruise industry, announced Tuesday that
“Industry experts estimate that the liner operators overall had to accept a loss of some 5-6 billion US dollars in 2011 after profits of around 14
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The International Maritime Oranization yesterday asked us to celebrate the Day of The Seafarer by honoring the theme, “it came by sea, I can’t live
On Friday, 22 June 2012, Mr. Joseph Rella – Austal USA President and Chief Operating Officer resigned and the Board of Directors accepted his
Ensco plc (NYSE: ESV) said Monday it has exercised one of it’s two options for a DP3 ultra-deepwater drillship, citing rising customer demand and
– by Flagship Management During the course of our daily business activities we are exposed to salary and compensation data from both the employer and
(Dow Jones) Norwegian oil giant Statoil ASA (STO.OS) Tuesday said it was closing another four oil platforms due a strike by offshore workers that started
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