Panel finds flaws in management of deepwater drilling risks

The numerous technical and operational breakdowns that contributed to the Deepwater Horizon oil rig explosion and spill from the Macondo well in the Gulf suggest the lack of a suitable approach for

ACP starts commissioning new tugboat series

Calovebora, the first in a series of thirteen Z-Tech tugboats built for ACP (the Panama Canal Authority) by Cheoy Lee Shipyards of Hong Kong is now in Panama. The 26-engine order for

Farstad orders platform supply vessels at STX OSV

Norway’s Farstad Shipping ASA has placed an order for the first OSV to be built to a new wave piercing design by Rolls-Royce. The vessel is one of four platform supply vessels

Splendor voyage cancelations will hit Carnival earnings

Carnival Corporation expects fourth quarter earning to take a hit as a result of voyage distruptions following last week’s engine room fire on Carnival Splendor. Carnival Cruise Lines has canceled Splendor sailings

Maersk says fuel cost crisis threatens shipping

Maersk Oil Trading’s Niels Henrik Lindegaard says shipping companies and regulators must work together now to prepare for future IMO sulfur regulation or face potentially crippling costs. In a keynote address at

Ezra Holdings buys Houston fabrication facility

Singapore’s Ezra Holdings is expanding its capabilities in the Gulf of Mexico. It has just announced the purchase of a fabrication yard in Houston. Ezra says the move complements its proposed $250

Buzzards Bay spill costs Bouchard $6 million more

The Department of Justice, the Commonwealth of Massachusetts and the state of Rhode Island announced today that Bouchard Transportation Co. Inc. and its affiliates will pay more than $6 million to settle

Seadrill and Transocean order jack-up rigs

Two offshore drillers are showing enough faith in prospects for jack-ups to take out their check books. Seadrill is following up its recent drillship splurge at Samsung by ordering two newbuild two

World’s largest cruise ships meet

Just two days after Allure of the Seas completed its delivery voyage from STX Europe, the giant ship met up with its equally spectacular sister, Oasis of the Seas. This Royal Caribbean

Crowley Maritime promotes Ayala

Crowley Maritime Corporation has promoted former San Juan Teamsters president Jose “Pache” Ayala to general manager of operations for its liner services group in Puerto Rico. In this role, he will direct

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