Maersk Reaches Key North Sea Tax Deal with Denmark
Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay…
CNOOC Reports Worst Result Since At Least 2011
China's offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its…
BAE Systems to Modernize Cruiser USS Vicksburg
BAE Systems will perform ship alternations and miscellaneous repairs aboard the 567-foot-long USS Vicksburg (CG 69) under a $42.9 million U.S.
Indian naval ship INS Darshak to Take up Hydrographic Survey for Sri Lanka
INS Darshak, a Hydrographic Survey ship of Eastern Naval Command (ENC), India departed on a two-month long deployment for…
Norway’s USN to Upgrade Its Maritime Simulators
The University College of Southeast Norway (USN) has contracted Kongsberg Digital to deliver a major upgrade of its maritime simulator park.
CMA CGM Rolls Out Asia-West Coast South America Offer
CMA CGM has announced the launch of the new service offer between Asia and West Coast South America, the most comprehensive…
Top LNG Buyers Form Alliance to Push for Flexible Contracts
The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in…
Cosco Shipping 2016 Profit Dip
Cosco Shipping International (Hong Kong) has seen its profit for the year ended December 31, 2016 drop 29 percent to HKD…
OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.
Skilled Workers Needed to Build Trump's Navy Vision
U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy.
Ezra Holdings Files for Bankruptcy in US
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy
The World's First Offshore Wind Farm is Retiring
DONG Energy has decided to retire “Vindeby”, the world’s first offshore wind farm, which 25 years ago marked the birth of the offshore wind industry.