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Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communication services, today announced that Frontline, the world leader in the

McDermott International, Inc. (NYSE:MDR) announced today that has been awarded a US$2 billion contract to develop the subsea infrastructure required for the

It’s pretty much that simple.   At President Barack Obama’s State of the Union address last night, he gave Secretary of Defense Leon Panetta a

– By JD, Somalia Report Pirates Cut Hand off Hostage to Force $3M Ransom Somali pirates holding the crew of the hijacked Taiwanese flagged FV Shiuh Fu

The U.S. Federal Energy Regulatory Commission (FERC) today issued the United State’s first-ever pilot project license for a renewable tidal energy

By Brian Van Pay and Barbara Moore, US Department of State In the enduring spirit of friendship and cooperation, the United States and Canada conducted their

After 19 years with the company, the board of Heidmar has, with regret, accepted the resignation of its CEO, Tim Brennan. Since 1993, Mr. Brennan has held a

NEW MALDEN, England — Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has won orders to supply navigation equipment to the

Nearly a dozen gunmen in the southern Philippines opened fire on three fishing boats killing 15.  According to a report by the AFP, this was likely an attack

An Algerian newspaper reports a local al-Qaeda cell planned to launch boats loaded with explosives at US and European ships with aid of suicide bombers.

Wilhelmsen Ships Service (WSS) has signed an agreement to supply boiler and cooling water dosing control units to ten 13,200 TEU newbuilds under construction

– by Captain Bill Doherty, Director of Maritime Relations, Nexus Consulting  Critical Incident Management Systems (CIMS) are only as good at the

One of the largest container shipping companies in the world, MSC, announced today that the inherent cost of mitigating the threat of piracy, and rising

Wärtsilä and Kongsberg Maritime have been contracted to supply the power, positioning, and automation systems for two new drilling rigs ordered by Songa

Höegh LNG announced today that they have won a tender offer to provide a new floating storage and regasification (FSRU) for Lithuania’s energy

RIO DE JANEIRO (Dow Jones)–Speculation is growing that a leadership change could be under way at Brazilian federal oil company Petroleo Brasileiro (PBR,

The Maersk Group’s strategy to target growth markets aligns well with a recent UN report that found emerging economies now account for almost 30% of

Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The license was awarded to Cairn Energy during the first Baffin Bay

What is liquefied natural gas (LNG)? Why is LNG safe? Is it shipped securely? Is it reliable? Why does America need LNG? This video answers the public’s

The only fact that is certain in the Costa Concordia disaster is the universal truth of all maritime disasters… human mistakes were made by multiple