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Talisman Energy (UK) Limited announced today that they have extended an existing one-year contract with Viking Supply Ships for six months for the use of the

COPENHAGEN (Dow Jones) –Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil and gas drilling services arm Maersk

A big congrats to Groupama Sailing Team, the overall winner of the 2011/12 Volvo Ocean Race, and their French skipper, Franck Cammas.  After crossing nearly

The hull assembly of arctic offshore vessel NB 507 was started at the Keel Laying Ceremony at Helsinki Shipyard 3 July 2012. The ship is the sister vessel of

[vimeo]http://vimeo.com/45095252[/vimeo] Maersk Line shared this story with us this afternoon of Tanawoot Pratoom, a painter on board the container ship Maersk

(Dow Jones) Oil prices were solidly higher Tuesday morning on revived tensions over the Iranian nuclear program and renewed speculation about more Central Bank

Deltamarin has entered into a contract with CSSC / Guangzhou Wenchong Shipyard Co. Ltd. (China) for the design of B.Delta25 bulk carriers. This is the first

STOCKHOLM–Offshore workers in Norway, western Europe’s largest oil producer and exporter, Tuesday decided not to step up a strike that has already

India’s Great Eastern Shipping Company Limited has signed a contract today to buy a Very Large Gas Carrier (VLGC) of about 49,700 dwt (75,000 cbm). The

In their Q1 report, Maersk Line reported a 9 percent decline in freight rates along with a 31 percent increase in bunker rates.  This added up to a billion

Maersk Line Limited, and 10 other US-based shipping companies were awarded nearly $5.9 billion in contracts today by the US Department of Transportation for

ATHENS, GREECE – International dry bulk shipping company, Diana Shipping Inc. (NYSE: DSX), announced today that it has entered into a time charter

LONDON–Iran has drafted a bill to block the Strait of Hormuz for oil tankers from states that support oil sanctions, an Iranian lawmaker said Monday. In

BW Offshore and Fred Olsen Production have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo

Originally ordered in November 2010, the STX OSV Langstan-built Far Scotsman (STX PSV08 CD) was delivered today to Farstad Shipping Limited and is slated to

COSCO Corporation (Singapore) Limited announced today that COSCO Zhoushan Shipyard Co., a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co.,

ATHENS – Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today that they have entered into new time charter agreement for one of their

Breda, the Netherlands, Dockwise announced today that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the

SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

By Tom Weaver, Partner, Weaver-Price Design & Construction Since the 1970s, the Volvo Ocean Race (VOR) has attracted an incredible global following as the