U.S. court convicts five Somalis of piracy

A federal jury in Norfolk, Va., on Wednesday convicted five men from Somalia of engaging in piracy and related offenses in their attack on the USS Nicholas. It is believed to be

MOL inks deal with Vale for VLOC newbuilds

Japan’s Mitsui O.S.K. Lines Ltd. announced on November 26 that it had signed a long-term transport contract with Brazilian mining giant Vale International SA, a subsidiary of Vale S.A., for two very

Body of capsized tug captain found

The body of the 46-year-old captain of the tug Fairplay-22, which capsized in Rotterdam on November 11th, was found today on the beach close to Hoek van Holland, the Netherlands. Owner of

Salazar says he’ll cut offshore wind red tape

Using an approach that it says has helped get solar energy projects started on public lands in the West, the Department of the Interior is launching what it calls a “Smart from

Indian warship fires warning shots ahead of Restis bulker

The Indian Navy today fired warning shots ahead of a Restis Group bulker, the 57,000 dwt Bahamas-flag Dynamic Striker. The ship, managed by Restis’s Enterprises Shipping and Trading, arrived in Mumbai October

Landrieu to keep up pressure on Salazar

United States Senator Mary L. Landrieu, D.-La., today expressed disappointment following Interior Secretary Ken Salazar’s visit to Houma, Louisiana, where he was supposedly to have outlined a series of steps to lift

Spain using PSC fines as piggy bank?

With Spain facing the same sort of debt problems facing several other Eurozone economies, its Treasury has come under domestic criticism for pretty much going to any length to raise money. According

OSX Brasil buys Vela VLCC’s for FPSO conversion

OSX Brasil S.A., the offshore services unit of Brazilian billionaire Eike Batista’s EMX empire, continues to forge ahead with its operations. Among recent developments have been a $54 million agreement to buy

SS United States to have casino role?

The SS United States could house a floating casino. The SS United States Conservancy is working to find a way to raise the cash to exercise the purchase option that it holds

Ezra to add four platform supply vessels to fleet

Singapore’s Ezra Holdings Limited says it will add four high-end multi-purpose platform supply vessels (PSV’s) to its fleet in the light of the positive outlook for the offshore oil and gas sector.

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