Songa Wins $2.66 Billion Offshore Drilling Contract with Statoil
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
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
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
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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
CEO Maersk Line, North Asia has a chat with The Economist about sustainability and the environment at the World Ocean’s Summit in
Worldwide Maritime Crime and Piracy Update – week of 16 February 2012 (source: ONI) ARABIAN SEA: Vehicle carrier M/V LEILA reportedly hijacked on 15
SEACOR Marine announced today intentions to purchase 18 liftboats from Superior Energy Services. The company said in a press statement that it will be
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Sign UpCreditors of General Maritime Corp. (GMRRQ) are accusing the oil tanker operator and “old friend” Oaktree Capital Management LLC of contriving to
Image taken by Second Mate Joseph Hood on board the MV Carat. MV Carat is a Crowley-managed containership owned by Reederei Gebr. Winter. Image via
(Dow Jones) Teekay Corp.’s (TK) fourth-quarter earnings fell 44% on the impact of derivatives and other items, though the company reported revenue
(Dow Jones) Norwegian supply vessel operator Siem Offshore Inc. (SIOFF.OS) said Thursday that a relatively strong market for supply vessels in the North Sea as
SINGAPORE (Dow Jones)–Sembcorp Marine Ltd.’s (S51.SG) fourth-quarter net profit fell 4.3% mainly because of lower operating profit from rig
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Employers Start Here Jobseekers Start HereSEOUL (Dow Jones)–Hanjin Shipping Co. (117930.SE) will maintain a oil hedging ratio of 30% of bunker fuel purchases this year in order to be less
TOKYO – Mitsui O.S.K. Lines, Ltd. today announced that the 78,000 DWT MOL-operated containership MOL Maneuver collided with the containership Zhen
(Dow Jones) Genco Shipping & Trading Ltd. (GNK) unveiled plans to offer $50 million worth of common stock to pay for general corporate purposes. Shares of
By Kevin Sorbello, Chief Engineer Hollywood and the media rely on sensationalism in a very competitive and time sensitive market. Pictures and video try to
UPDATE: The number of bodies found has now risen to 8 according to various reports. The death toll is now at 25. Four of the bodies have been recovered
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