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Reaching from Chile up to the Bering Sea, then down again to New Zealand, the fault lines circling the Pacific Ocean are named The Pacific Ring of Fire and

Should Shipping Companies Lower Surcharges to Reflect Lower Threat? By Robert Young Pelton, Publisher, SomaliaReport.com This week’s hijacking of the

Who sends a ship to the waters off east Africa with a one-man, unarmed security force? Apparently the Greek owners of the Chemical Tanker Liquid Velvet

By Andrew Mwangura, Somalia Report UPDATE: Based on Somalia Report‘s information the vessel should be anchored off Bandar Murcaayo or Rasu Bina near

WELLINGTON (Dow Jones)–A cargo vessel that ran aground off the east coast of New Zealand’s North Island has spilled more oil into the ocean,

The world’s vast undersea energy infrastructure—oil and gas platforms, wellheads, pipelines and pumps—is now vulnerable to attack by cheap

WASHINGTON (Dow Jones)–The chief executives of BP Plc (BP, BP.LN), Transocean Ltd. (RIG) and Halliburton Co. (HAL) declined to testify this week before a

Transocean Ltd. (RIG, RIGN,VX) filed a motion in federal court on Tuesday morning to force BP PLC (BP, BP.LN) to indemnify it against damages related to the

WASHINGTON (Dow Jones)–U.S. officials have extended oil-drilling leases for the vast majority of companies that say their work in the Gulf of

The United Nations Security Council today condemned all acts of maritime piracy and armed robbery at sea in West Africa’s Gulf of Guinea and welcomed the

LNG, as a promising fuel alternative, has not been used for container vessels.  Daewoo Shipbuilding (DSME) and Germanischer Lloyd (GL) have proved the

I was walking along the seawall at the US Naval Academy last night when I saw the slightly lit shape of a huge sailboat moving silently and easily amongst

By Jama Deperani, Somalia Report Police from Somalia’s semi-autonomous region of Puntland arrested 150 pirates during a two week anti-piracy operation in

Gérard Mestrallet, Chairman and CEO of French energy company and European LNG player, GDF SUEZ, reinforced his company’s commitment to China and to

A few bits of good news this week, especially from the Gulf of Mexico region.  Matt Fuhrman, Recruitment Director from Swift Worldwide Resources commented for

LONDON (Dow Jones)–Ships sailing under the British flag will be able to carry armed guards for the first time to protect them from pirates attacks that

HONG KONG (Dow Jones)–China Shipping Container Lines Ltd. (2866.HK) said Friday it entered in deals worth US$754.2 million to buy eight new container

Somalia Report’s Jama Deperani tells us how Somali pirates are pressuring  the Indian government to release pirate cohorts By JAMA DEPERANI, Somalia

BOSTON—A federal appeals court on Friday rejected the Federal Aviation Administration’s ruling that the Cape Wind project’s turbines present

Lloyd’s List interviews IMO Secretary General Mr. Efthimios E. Mitropoulos, Swedish Navy Commander Frank Johnsson, BIMCO’s Torbin Skaanild, and