Statoil Charters VLCC to Ship 2 Million Barrels of Forties Crude to East Asia
(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves
(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves
STX OSV announced today that they have secured a contract for the design and construction of a large, advanced Offshore Subsea Construction Vessel (OSCV)
(Dow Jones) NEW DELHI–India has sought more crude oil and liquefied natural gas from Saudi Arabia, Algeria and Qatar as the U.S. and European Union
Farstad Shipping announced today the winning of charter contracts for 9 of their vessels, including two newbuild PSVs for Statoil. Excluding options, the
Greek shipowner Seanergy Maritime Holdings (NASDAQ:SHIP) announced the sale of their 1995-built, 172,173 DWT Capesize bulk carrier, BET Scouter, now destined
(Dow Jones) RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro SA(PBR, PETR4.BR), or Petrobras, said Wednesday a “small
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Kongsberg Group announced today that it has chosen a new home for its new wind division ‘Centre for Optimum Wind Park Operation’ at its maritime
– by Daniel Kane, Propulsion Dynamics A half decade ago, hull performance sounded like some esoteric concept, but the ban on tributyl tin (TBT) coatings
My interview with SMIT Lamnalco’s Chief Executive Officer, Daan Koornneef, at this year’s Offshore Technology Conference in Houston, Texas. When I
TOKYO – Mitsui O.S.K. Lines, Ltd. announced their plans today for the scrapping or cold lay-up of 10 to 20 Capesize bulkers in consideration of this
(Dow Jones) VIENNA–The European Union has no intention of halting or delaying the implementation of shipping insurance-related sanctions against Iran,
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Sign Up– by Matthew Flynn, DNV [dropcap]W[/dropcap]e have the best Korean technology and also the mentality of the Korean approach. We can do. We will
In shocking news from Washington, the United States, Britain and Mauritius have begun talks that may lead to America losing its strategic Indian Ocean supply
The Pacific is a huge expanse of open ocean, and oddly enough the container ship Horizon Reliance happened to be in the right place at the right time for
So you’ve decided to make something of yourself and chosen to pursue a career at sea. After much deliberation, you have weeded out attending a
The Coast Guard has just released a recording of the distress call that prompted an extensive search and rescue operation and mass casualty receptions areas to
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Employers Start Here Jobseekers Start HereWhy are some shipping magnates among the wealthiest individuals in the world while others spend most of their time in bankruptcy hearings? The answer seems
With the expansion of floating offshore production into harsh environments such as the Barents Sea, high specification shuttle tankers will be needed to
Statoil and its partner Sinochem announced today their agreement to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading
Teekay’s Marine Market Analyst Christian Waldegrave provides insight into the global LNG market in the second quarter 2012, including a look at how Japan
(Dow Jones) OPEC Tuesday disclosed that its members continue to pump oil at levels not seen since 2008 as the most recent production figures show the
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