Aker Philadelphia Shipyard ASA says that its joint venture with Crowley Maritime Corp. has secured a US $325 million credit facility to help pay for a quartet of newbuild product...

Teekay LNG (NYSE:TGP) and Antwerp-based EXMAR (EXM:BB) announced Wednesday plans to create a new 50/50 joint venture that will operate in the midsized LPG Carrier segment in a bid to...

Cameron International Corp. and Schlumberger Ltd. will join forces to develop and manufacture products for the subsea oil and gas market. Schlumberger, the world’s largest oilfield services company, will pay Cameron...

FMC Technologies, Inc. (NYSE: FTI) announced today that it has formed a joint venture with Louisiana-based Edison Chouest Offshore that will provide vessel-based subsea services for the oil and gas...

SANTIAGO (Dow Jones)–Chilean shipping company Compania Sud Americana de Vapores SA’s (VAPORES.SN) logistics SAAM business and Dutch dredging and maritime services company Koninklijke Boskalis Westminster NV’s (BOKA.AE) SMIT unit signed...

CGGVeritas announced today a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic...