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(Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. won a 2.22 trillion won ($1.96 billion) order to build five fixed platforms as rising

HOUSTON–Golden Pass Products LLC, a joint venture between Exxon Mobil Corp. (XOM) and Qatar Petroleum, is asking federal authorities for permission to

Dramatic images of the Hong Kong-flagged bulk carrier MV Ocean Breeze which ran aground yesterday on Llo-Lleo’s beach, near the port of San Antonio,

Thoresen Thai Agencies Pcl plans to almost double its dry-bulk shipping fleet in three years as a focus on Europe-U.S. cargos shields it from tumbling rates

The Arctic Ocean’s ice cover is shrinking at a record pace this year after higher-than-average temperatures hastened the annual break-up of the sea ice.

WASHINGTON –A federal jury in Washington, D.C., today returned guilty verdicts against Sanford Ltd., a New Zealand fishing company, on six counts of

I’m not sure what this thing is, or used to be, but whatever it is, I kind of want to salvage it and convert it into a house, or

(Bloomberg) — Norway needs to simplify rules for offshore oil rigs and reduce labor costs to support efforts to increase oil and gas production in

(Bloomberg) — Nils S. Andersen, chief executive officer of A.P. Moeller-Maersk A/S, talks about second-quarter profit reported today and the outlook for

Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announced a stock transaction today. The two companies will create an unparalleled platform for

CANBERRA–Chevron Corp. (CVX) is unlikely to seek protection against swings in the Australian dollar that have intensified cost pressures at its flagship

Located 4000 meters off the northern Portuguese shoreline in approximately 50 meters of water, a pioneering piece of floating machinery is delivering up to 2MW

(Bloomberg) — Growth in Hamburg is stalling as Europe’s fiscal crisis spreads into China and other Asian countries, threatening the recovery of

The wreck removal of the infamous Costa Concordia is going to take longer than expected, officials in Italy announced this week. On Monday the Department of

Nigeria’s oil spill agency said it wants Chevron Corp., the world’s fourth-largest energy company, to pay a $3 billion penalty for a rig explosion

SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as

MUMBAI–The Indian government has selected Mercator Ltd. (526235.BY) to bring crude oil from Iran after it accepted a cover offered by a state-run

COPENHAGEN-Danish shipping conglomerate A.P. Moller-Maersk A/S(MAERSK-B.KO), banking on the ability of shippers to continue raising freight rates, boosted the

Aug. 14 (Bloomberg) — Record car shipments to China and a rebound in cargoes from Japanese automotive companies recovering from last year’s tsunami

The M/V Tønsberg, a RO/RO vessel was recently voted Ship of the Year. Fathom CTech’s Pete Lockley explored with the owners just what makes this