P&I Clubs Strong But Pricing Under Pressure
Balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, bolstered by…
Mexico's Oil Reform a Boon for Hard-hit Oil Service, Seismic Firms
Oil service and mapping firms still emerging from an industry recession have received a boost from about $800 million of…
Interview: William P. Doyle - CEO, Dredging Contractors of America
William P. Doyle is the new CEO & Executive Director of the Dredging Contractors of America (DCA). Twice a U.S. Senate confirmed…
Lebanon Rejects U.S. Proposal on Disputed Waters with Israel
Parliament Speaker Nabih Berri told a U.S. envoy on Friday that Lebanon rejects current proposals over the disputed marine borders with Israel, state media said. U.S.
Navy, NASA Complete Underway Recovery Test
With their main role of conducting amphibious operations, San Antonio-class ships have unique capabilities that make them…
Turkish Blockade off Cyprus 'out of Eni's control'
A Turkish blockade of a ship hired by Eni to drill for gas off the Cyprus coast is a diplomatic issue that is out of the Italian oil company's hands, Eni's CEO said on Friday.
Northern Offshore Sells Semi-Sub
Northern Offshore announces it has sold its semisubmersible Energy Driller to an unnamed party for conversion to alternative use.
Sberbank, Sovcomflot Sign $106m Finance Deal
The largest bank in Russia Sberbank and shipping company Sovcomflot have signed a new USD 106 million project financing agreement…
GC Rieber Shipping Secures Contract for Polar Queen
Norwegian shipping company GC Rieber Shipping has entered into a time charter agreement with a European offshore client for…
Cove Point LNG Terminal's First Export Imminent
Methane Spirit, a liquefied natural gas tanker, said on Thursday it would arrive at Dominion Energy Inc's Cove Point LNG…
Dumping "Dumb" Ships
BOURBON Corporation, like nearly every other player in the offshore oil and gas sector, is scrambling for its very existance as the dynamics in finding and producing…
Top Maritime News
Telford Offshore: A New Offshore Services Provider
There’s a new name in the global oil and gas industry: Telford Offshore, which officially launched today after acquiring four vessels from Sea
Triple-screw Tug for the Hudson
“The Daisy Mae is the closest you can get to Z-drive maneuverability, without the cost of Z-drive,” maintains her builder Joseph Rodriguez of
Several Car Shippers Face Fines for Rigging Bids
EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen
Bouchard Transportation Co. acquires its first oil barge, a sunken 15,000 barrel vessel, which Capt. Fred Bouchard purchased for $100.