Transocean Ltd.’s (RIG) fourth-quarter loss widened sharply as the offshore-oil driller reported higher charges, mostly due to impairment, though revenue
Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in
Technip, in partnership with DSME, was awarded by DONG E&P and BAYERNGAS, a contract for the HEJRE project development, offshore Denmark, at a water depth
SINGAPORE, 28 February 2012 – EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a
27 February 2012 – A comprehensive regional strategy is critical if countries are to successfully combat piracy in the Gulf of Guinea, a top United
– By Rojda Akdag, Managing Director, MTS Logistics Crude oil prices have many affects on our daily life from gas that we use in our daily commute to
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By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of
The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war.
WASHINGTON, June 20 (Reuters) – The U.S. military on Saturday denied Iran’s claims that it had closed the Strait of Hormuz, saying the
Construction of the first Arctic Security Cutter (ASC) for the U.S. Coast Guard began on Tuesday at Sata Shipbuilding’s yard in Pori, Finland, marking the
By Weilun Soon and Julian Lee Jun 21, 2026 (Bloomberg) –Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even
About 10 years ago, the ship I was assigned to was leaving San Diego when all of a sudden we heard a rather loud, and unexpected rumbling. We were
Costa Cruises can’t catch a break. Just 6 weeks after the Costa Concordia ran aground off Italy, another one of their cruise ships, the Costa Allegra has
MUMBAI (Dow Jones)–Adani Ports & Special Economic Zone Ltd. (532921.BY) said Monday it has received an initial letter from a government-run port
LONDON (Dow Jones)–New European sanctions will limit coverage of Iranian oil ships by the Japan P&I Club, the club said Monday, as the measures start
Hamilton, Bermuda – Seadrill has in the last year seen a surge in long-term demand for tender rigs and modern ultra-deepwater drilling rigs. The
By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of
The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war.
WASHINGTON, June 20 (Reuters) – The U.S. military on Saturday denied Iran’s claims that it had closed the Strait of Hormuz, saying the
Construction of the first Arctic Security Cutter (ASC) for the U.S. Coast Guard began on Tuesday at Sata Shipbuilding’s yard in Pori, Finland, marking the
By Weilun Soon and Julian Lee Jun 21, 2026 (Bloomberg) –Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even
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Austal said today that the U.S. Navy has exercised contract options calling for the construction of the two additional Joint High Speed Vessels (JHSVs) worth
HMS Daring (D32) is currently deployed to the Persian Gulf and the latest news is HMS Dauntless (D33) will be headed south to the Falkland Islands to relieve
Update: The Greenpeace activists, including actress Lucy Lawless, were arrested Monday. Original: Seven Greenpeace protesters, including Hollywood star Lucy
HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming
(Dow Jones) The U.S. Securities and Exchange Commission charged three Noble Corp. (NE) executives with helping bribe Nigerian customs officials, the latest
NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification
In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.
Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking
VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people
Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that
The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,
Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%
To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects
NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification
In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.
Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking
VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people
Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that
The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,
Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%
To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects
SEOUL (Dow Jones)–STX Offshore & Shipbuilding Co. (067250.SE) expects the dollar to average KRW1,100 this year and will continue to hedge 70% of the
OSLO -(Dow Jones)- Norwegian offshore drilling operator Songa Offshore SE (SONG.OS) Friday said it has been awarded a rig contract from Statoil ASA (STO) worth
COPENHAGEN (Dow Jones)–Danish oil and shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) confirmed Friday that its container shipping arm Maersk Line
Tragic news from Nick Cutmore, Secretary General of the International Maritime Pilots’ Association… We have the sad duty to inform you of the
– By Allan B. Turner, P.Eng., Mechanical Engineer With the pending introduction of EPA Tier 4 and IMO Tier III engine exhaust emission regulations
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Recently, two Damen Stan Tugs 2608, the Ibrahim 1 and the Jacques, were shipped from the anchorage of Halong Bay, Haiphong (Vietnam) to Casablanca by the
By CDR Glynn Smith, Coast Guard Compass Thursday, Adm. Bob Papp, 24th Commandant of the Coast Guard, delivered his second State of the Coast Guard address at
by Bart Stockdill, M.A.Sc., P.Eng., Mechanical Engineer Water will boil at room temperature if the pressure is low enough. In fact, the pressure has to be
NEW DELHI -(Dow Jones)- India has asked Saudi Arabia, its largest crude oil supplier, to augment daily shipments by up to 100,000 barrels each year over the
http://www.youtube.com/watch?v=2pjINnTUA-0 CEO Maersk Line, North Asia has a chat with The Economist about sustainability and the environment at the World
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