According to a report from the Associated Press, the end of the moratorium on drilling in the Gulf has lifted the stocks of companies that operate the offshore oil and gas drilling rigs. Shares of Transocean, Diamond Offshore and Ensco all gained more than three percent on Tuesday, Oct. 12, the report said.
(Source: The Associated Press)
Aesen introduced the Aesen 116H, a next-generation hybrid crew boat developed to support the evolving operational requirements…
Oil prices fell 2% on Friday, extending losses for a third straight session as easing concerns over Saudi supply disruptions…
The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot.
The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources…
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