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13 Apr 2000

Offshore Market 2000: In like a lamb, out like a lion?

Though fraught with traditional starts and stops, peaks and valleys, it appears now the much-anticipated Gulf of Mexico offshore business rebound is imminent. Maybe.
14 Feb 2002

Seabulk Reports 4Q Results

Seabulk International, Inc. has reported a net loss of $6.3 million for the quarter ended December 31, 2001. Included in the loss for the quarter is a writedownā€¦
11 Jun 2003

New Offshore Terminal Designs May Expedite LNG Deliveries

In the wake of announcements by the Federal Reserve about the need for more natural gas, Saipem Group, Single Buoy Moorings, Bluewater Offshore, Spectrum Energy Servicesā€¦
20 Feb 2002

Offshore Sector SCORE Remains Flat

GlobalSantaFe reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for January 2002 was down from the previous month's SCORE by 0.2 percent. previous month.
29 May 2003

Salazar Stresses Importance of Panama Canal

The Panama Canal services more than 140 different transportation routes from every corner of the globe and serves as a critical global link between commodities and consumers.
22 May 2003

OT Africa Line Makes Changes

OT Africa Line (OTAL) announced some changes to its North Europe ā€“ West Africa services. These take into account various factors including a slight downturn in overall trade volumesā€¦
27 May 2003

WWII Landing Ship Restored as Floating Museum/Memorial

The LST-325 (Landing Ship, Tank), a World War II amphibious vessel designed to land battle-ready tanks, troops and supplies directly onto enemy shores, will once again be plying the watersā€¦
15 May 2003

News: Seabulk Contracts for PSV in Brazil

Seabulk Offshore do Brasil, Ltda. finalized an agreement with shipbuilder Promar Brazil (Estaleiro Promara I) to build a UT-755L platform supply vessel (PSV) for delivery in the fall of 2004ā€¦
15 May 2003

FMC SOFEC Wins Kizomba B Contract

FMC Technologies, Inc.'s FMC SOFEC Floating Systems unit has received an order for the design and analysis of the FPSO (Floating Production, Storage and Offloading)ā€¦
15 May 2003

Feature: Staying the Course

Torch Offshore LLC is a Gretna, La-based integrated offshore contractor whose niche market is the installation of small diameter flow lines and related infrastructureā€¦
12 May 2003

Seabulk International Reports First Quarter Results

Seabulk International, Inc. reported net income of $1.6 million or $0.07 per diluted common share for the quarter ended March 31, 2003. In the year-earlier periodā€¦
27 May 2003

IMO Issues Preview for Maritime Safety Committee

A revised Annex B to the 1988 Load Lines Protocol and amendments to the enhanced survey programme for bulk carriers and oil tankers are expected to be adopted whenā€¦
01 May 2003

Richard du Moulin enters Atlantic Ocean

and entered the Atlantic Ocean. before a following breeze. days. reported. too light or too strong, and always from the wrong direction: west. pattern. rogue wavesā€¦
30 Apr 2003

WesternGeco Awarded Contract

ExxonMobil Exploration has awarded WesternGeco a multiproject Q-Marine contract to cover three ExxonMobil assets in West Africa, the Gulf of Mexico, and the North Sea.
25 Apr 2003

Antal Joins Port of Tacoma

James G. Tacoma as Director of Port Security. In this position, he is responsible for protection of personnel, preservation of assets and strategic direction for Port security. security management.
23 Apr 2003

GlobalSantaFe West Africa and Southeast Asia SCORE Show Improvements

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, forā€¦
21 Apr 2003

Seabulk Contracts for PSV in Brazil

Seabulk International's wholly- owned subsidiary, Seabulk Offshore do Brasil, Ltda., has finalized an agreement with shipbuilder Promar Brazil (Estaleiro Promaraā€¦
05 May 2003

Innovations in AIS

Raytheon Marine is broadening its product offering to fulfill the new requirements due to the modification of international regulations. Therefore the company isā€¦
02 Apr 2003

Offshore: OTC ā€˜03 Set for Houston ā€” May 5-8

For the 35th year, the Offshore Technology Conference (OTC) brings together attendees from around the world to "Envision, Enable and Enact." The event takes placeā€¦
02 Apr 2003

Feature:Tidewater Upgrades the Fleet

With over 550 vessels in service, Tidewater, Inc., is by far the world's largest offshore oil service operator. Headquartered in New Orleans, La., Tidewater operatesā€¦

Maritime Piracy

Posted to Maritime Reporter on November 20, 2023

The maritime piracy menace is an old one, but it continues to be a significant threat to the global trade and security of the seas. Piracy is a major challenge today, despite concerted efforts by international organizations to combat this illegal activity. New developments and persistent threats are shaping the current landscape.

Houthi Rockets Wreak Havoc on Middle East Container Shipping

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on January 17, 2024

As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter TV the cost of the crisis as well as shipping strategies to consider now.

Narco-Submarines: The Hidden Depths of Drug Trafficking

Posted to Maritime Reporter on July 29, 2024

Narco-submarines, the clandestine vessels used by drug traffickers, represent one of the most sophisticated and elusive methods of smuggling drugs across international waters. These semi-submersible and fully submersible crafts are a testament to the ingenuity and resourcefulness of criminal organizations in circumventing law enforcement efforts. This article delves into the history, construction, operation, and interdiction of narco-submarines, highlighting their impact on global drug trafficking.

Drug Smuggling on Ships and Submarines: An Escalating Threat

Posted to Maritime Reporter on July 29, 2024

Drug smuggling has long been a lucrative enterprise for criminal organizations worldwide. With the increasing sophistication of law enforcement agencies and border controls, smugglers are continuously adapting their methods. One of the most challenging trends to combat is the use of ships and submarines to transport illicit drugs across international waters. This article explores the methods, routes, and challenges associated with maritime drug smuggling.

Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.

Posted to Maritime Reporter on May 3, 2024

Shipping group Maersk raised its full-year earnings guidance after reporting first-quarter incomes on Thursday, citing strong demand and higher freight rates as ships cruise for longer to avoid dispute in the Red Sea.The business, viewed as a barometer of world tradeā€¦

Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East

Posted to Maritime Reporter on March 5, 2024

War tensions in both Ukraine and the Middle East have had an increasingly disruptive effect on the global shipping market. As the ongoing conflicts in these regions continue, the impact has had a butterfly effect on maritime trade, shipping routesā€¦

Maritime Piracy in the Horn of Africa:

Posted to Maritime Reporter on July 26, 2024

The Horn of Africa, strategically positioned at the nexus of global trade routes, has long faced the specter of maritime piracy. The waters off Somalia, in particular, have been notorious for piracy incidents that have disrupted international shipping, imperiled seafarers, and prompted multinational military responses. This region's unique combination of socio-economic, political, and geographic factors has engendered a breeding ground for modern piracy, posing complex challenges for the international community

Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea

Posted to Maritime Reporter ( by Maritime Reporter & Engineering News / Reuters ) on May 21, 2024

In a chilling televised address, Abdulmalik al-Houthi, the leader of Yemen's Iran-backed Houthi rebels, has issued a dire warning to the world: all vessels bound for Israeli ports, regardless of their location, will now be considered legitimate targets.

Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck

Posted to Maritime Reporter ( by Maritime Reporter & Engineering News / Reuters ) on May 21, 2024

In a stunning turn of events, a Greek court on Tuesday dismissed charges against nine Egyptian men accused of causing a catastrophic shipwreck that claimed the lives of hundreds of migrants off the coast of Greece last year.
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