Marathon Oil Corp on Wednesday said its capital expenditures will be about 20 percent lower next year due to the steep drop in crude oil prices.
Marathon said it expects to spend about $4.
Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.
Imperial Oil Ltd's plans to drill for oil in the Beaufort Sea in Canada's Arctic have not changed despite the recent slide in oil prices, spokesman Pius Rolheiser said on Wednesday.
Maaskant Shipyards Stellendam meets fishing sector’s growing needs by performing electric pulse fishing conversions
As European fishing policies evolve, so fishing techniques advance.
Maaskant Shipyards (Stellendam), part of Damen Shipyards Group, has received certification from Bureau Veritas for aligning its quality and management systems with
Christine Duffy has been named president of Carnival Cruise Line, Carnival Corporation & plc. announced today.
Duffy, currently president and CEO of Cruise Lines International Association (CLIA),
The Pacific Maritime Association (PMA) issued a statement today regarding the status of contract negotiations with the International Longshore & Warehouse Union (ILWU),
November container volumes down 3 percent at Port of Los Angeles; year-to-date volumes up 6.5 percent
Overall containerized cargo volumes in November 2014 have
A container shipping organisation urged companies on Wednesday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) from Jan. 15, corresponding to an increase of 26.
On Tuesday, U.S. President Barack Obama designated Alaska’s Bristol Bay area off limits for oil and gas leasing, the White House said.
National Ocean Industries
French boat builder PIRIOU has delivered the 11th of its 53- by 10-meter Fast Supply and Intervention Vessels (FSIV) to Suisse Outremer AG, to be operated by ABC Maritime AG.
Container volume up 13 percent at South Carolina Ports Authority; Charleston benefiting from federal appropriations
The SC Ports Authority announced another
General Dynamics NASSCO opened a new location yesterday in Bremerton, Wash. to support the company’s recently-awarded contract to repair and maintain U.S. Navy
In a letter today to President Barack Obama, the American Association of Port Authorities (AAPA) urged the president to take the necessary steps to assign federal
An attempt by some European politicians to veto the import of tar sands oil failed on Wednesday after a European Parliament vote, giving a boost to Canada but dismaying green campaigners.
Fugro Frontier is the third vessel in a series received by Fugro during 2014
Three months after its last delivery, Fugro has received the third of a series
New York Environmental Commissioner Joseph Martens said Wednesday he will issue an order early next year banning fracking in New York "at this time", extending
Commandant of the U.S. Coast Guard Admiral Paul F. Zukunft will attend the PVA Annual Convention at MariTrends 2015 in Long Beach, Calif. and deliver a keynote
Italian gas grid operator Snam said its board had approved the conditions of a reserved capital increase of 502 million euros to buy the Trans Austria Gasleitung
Polish and Ukrainian state gas pipeline operators signed an agreement on Wednesday to look into expanding their capacity to transport gas between the two countries,