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Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the

DryShips (DRYS: Nasdaq) By Sterne, Agee & Leach ($3.83, June 17, 2011) We are upgrading DryShips from Neutral to Buy ahead of an ocean rig listing in the

HOUSTON (Dow Jones)–Transocean Ltd. (RIG) said Friday that insurers of its sunken Deepwater Horizon drilling rig have asked a federal judge to decide if

[Dow Jones] NOL (N03.SG) is flat at S$1.53, off its S$1.56 intraday high but remaining above water in a broadly lower market after announcing new shipbuilding

LONDON—The head of Greenpeace has scaled an oil rig offshore of Greenland operated by Cairn Energy PLC, defying a court order aimed at stopping activists

Today’s Pirates Have Their Own Stock Exchange; Western powers patrol the seas but do little to stop pirate financing. By Avi Jorisch Pirates are on a hot

By Trent Jacobs, Helix ESG Working thousands of feet below the ocean waves, in bone chilling temperatures and crushing pressures, remotely operated vehicles

Gulf of Aden Convoy Schedule: Korean Naval convoy schedule for June/July 2011: Rendezvous point “A” (Eastbound): 12:07N – 044:11E.  Rendezvous

SINGAPORE (Dow Jones)–Singapore Technologies Engineering Ltd. (S63.SG) Wednesday said that its marine arm won a shipbuilding contract worth about S$171

SINGAPORE (Dow Jones)–Neptune Orient Lines Ltd. (N03.SG) said Wednesday it has signed letters of intent for the construction of 12 new container vessels

DUBAI (Zawya Dow Jones)–National Shipping Co. of Saudi Arabia (4030.SA), or NSCSA, said Wednesday its subsidiary National Chemical Carriers Ltd. Co., or

HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

M/V Tsuru, a self-unloading coal carrier, was outbound from Narragansett Bay, Rhode Island last week.  This vessel is currently on the spot charter market and

SEOUL— (Dow Jones & Co) The turning back of a North Korean ship suspected of transporting missiles and parts, the highest-profile interdiction

This weeks interesting ship is NYK Lines’ 180,000 DWT bulk carrier, Shin Koho, which was recently delivered at the Tsu Shipyard.  What makes this vessel

Salvage diver Bill Warren of California is planning what could be the most ambitious underwater salvage in history; the search for the body of Osama Bin Laden.

LONDON (Zawya Dow Jones)-State-run Qatargas said Friday it delivered its first shipment of liquefied natural gas, or LNG, to Thailand, as demand for the fuel

TOKYO (Dow Jones)–Japanese shipping company NYK Line expects a surge in liquefied natural gas demand from Japan and worldwide because of rising fears

SINGAPORE (Dow Jones)–The number of oil, gas and chemical tankers passing through the port of Singapore in May was up 1.7% from the previous month, but

We were docked next to this rather conspicuous beast while racing in the New York Yacht Club Annual Regatta this past weekend. Let’s see how quick you