BP Marine and Houston Marine Team Up On Bunkering Venture
BP Marine and Houston Marine Services (HMS) are joining forces to begin a new chapter in ship bunkering in the western U.S. Gulf. Effective, April 2, HMS became…
Oceaneering Receives Letter of Intent for FPSO
Oceaneering Intl. has been granted a letter of intent from Angola Drilling Company (ADC) to charter the FPSO Ocean Producer for a period of seven years to produce…
Friede Goldman Shares Drop 63 Percent on Bankruptcy Fears
Shares of Friede Goldman Halter, which manufactures offshore equipment for the energy industry, plummeted on Tuesday after the company said it may have to seek bankruptcy…
Panamax Market May Get Jump Start From Active Atlantic
The panamax market may see a boost from increased activity in the Atlantic and more business coming from South America, brokers said on Wednesday. Prospects for…
Search For Survivors of Fishing Vessel Disaster Continues
The search for crewmen missing in what is believed to be Alaska's worst fishing disaster was hampered by bad weather and poor visibility in the Bering Sea on Tuesday, the U.S. Coast Guard said.
Court To Decide Fate of Product Tanker Fleet
A dispute has erupted in New York courts over control of a fleet of petroleum product tankers, currently working for oil major Shell. Both the owner of the ships…
Royal Caribbean Is Granted Extension on Two Ship Option
Royal Caribbean is pushing back to late June final decisions on building two new 2,100-passenger ships costing about $500 million each. The move by Royal Caribbean…
Baltic Nations to Focus on Maritime Safety
Germany called on Wednesday for nations bordering the Baltic Sea to boost maritime safety to avoid accidents such as last week's tanker collision, which led to an oil spill off the Danish coast.
Striking Workers Threaten Violence At Port of Santos
A threat of further violence from striking workers at Santos, Latin America's biggest port, kept police on alert and hampered movements of goods on Wednesday, the port authority said.
Dr. Ronald D. Sugar Elected To Northrop Grumman's Board Of Directors
Northrop Grumman Corporation has appointed Dr. Ronald D. Sugar to its board of directors, increasing the board to 14 members. Dr. Sugar, formerly president and COO of Litton Industries Inc.…
