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Current Onshore Rig Boom Could Be Halted By Next Year
The boom in U.S. onshore oil and natural gas drilling has yet to peak, bolstering forecasts of continued strong demand for rigs, analysts and executives said this week.
Austal Signs U.S. Military Deal
Austal Ltds has signed its first United States military charter deal which it hopes could prove a catalyst for major defense contracts. Austal shares climbed 20…
Senate Supports Reduced Drilling Off Florida's Gulf Coast
The Senate on Thursday backed a White House compromise that drastically reduced proposed oil and natural gas drilling off Florida's Gulf Coast, rejecting a bid by…
Russians Take Journalist To Kursk Site
Nearly a year after the Kursk submarine sank in the Barents Sea with the loss of all on board, Russia packed 99 journalists onto a ship and took them to the site of the catastrophe.
Shipyard Accident Kills 22
At least 22 people were crushed to death when a huge, brand-new crane toppled over in a Shanghai shipyard, the latest in a string of deadly accidents that highlight China's woeful safety standards.
Australian Port Bid Pending
The lead sale consultant for the sell-off of South Australia state's main ports was on Tuesday confident of a good outcome as two final bids were evaluated, but said a final decision was still weeks…
Barry Misses, But Puts Serious Dent In GOM Production
Tropical Storm Barry veered away from oil and natural gas fields in the Gulf of Mexico on Sunday, but by that point the erratic tempest had already knocked a big dent in U.S.
U.S. Coast Guard Inspections Are Key To Cruise Industry's Livelihood
Clearly no ordinary passengers, the five people in blue jump suits were met dockside by a pacing ship's officer who whisked them past waiting crew and passengers…
Australian's Blow Up Whale Of A Problem
Australian police have blown a hole in the rotting body of a whale that had become a troublesome attraction for tourists watching sharks feed on its massive carcass.
DoD To Starts Newport News Shipbuilding Bid Review
Competing bids for Newport News Shipbuilding Inc. remain under review by the Defense Department and a final recommendation is several weeks away. General Dynamics Corp.
Sri Lanka Declared War Risk Zone, Shipowners to Pay
Sri Lanka said Lloyds of London has declared the country as a war-risk zone which could result in hefty surcharges for ships entering the country's main port and hurt the trade-dependent economy.
Cargo Ship and Fishing Trawler Collision off Newfoundland Kills Three
A Cypriot tanker is being been detained in the eastern Canadian province of Newfoundland after a reported collision between a cargo ship and a U.S. trawler off the…
Palmer Johnson Teams Up With Atlantic Dry Dock For SuperYacht Refit Facility
Palmer Johnson Savannah and Atlantic Dry Dock Corp. have entered into a joint effort via a letter of intent for the establishment of Palmer Johnson @Atlantic (PJA)…
Ship Collision Forces Closure of Major Canadian-U.S. Trade Link
A major marine trade link between Canada and the United States remained closed on Sunday after a ship collided with a lift bridge in Canada's Welland Canal. The canal…
Hyundai Heavy Foresees Strong Earnings Recovery
Hyundai Heavy Industries, the world's largest shipbuilder, sees a strong earnings recovery after cleaning up the last of its soured investments in sister firms, a company executive said on Thursday.
LevelSeas Adds Key Clients
Internet ship-brokerage Levelseas said that seven of the world's biggest commodity traders and three key shipping players had signed up to its system, LSX, allowing…
Former Thomas Miller Partner Passes Away
Frank Ledwith, a former Thomas Miller partner, who was a major international figure in P&I insurance, has died at the age of 94. Ledwith's 48-year career was spent…
Kursk to Be Lifted As Early as Next Month
A Dutch firm leading Russia's effort to raise the Kursk said on Monday it was convinced the salvage was safe and planned to start cutting away the nuclear submarine's…
Marine Training Via Simulation: As Real as it Gets
The abandonment of the concept of controlled simulation environment, as per the National Research Council's endorsed simulation classification scheme, would constitute…
Great Lakes Shipping Returns to Normal
Shipping on the Great Lakes should be back to normal by early Monday evening, Canadian marine authorities said, as a 730-ft. freighter, which crashed into a lift bridge across the Welland Canal…