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 the Singapore International…
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 million acquisition of…
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 a portion of…
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 jack-ups at China's…
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 video captures the…
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 port operations, equipment…
Nuclear powered merchant ships could be sailing again sooner than many might suppose. That's the view of Lloyd's Register CEO Richard Sadler. The classification society is a member of a newly formed research consortium formed…
Senator Mary Landrieu (D-LA) is using a powerful senatorial weapon to hasten an actual end to the offshore drilling moratorium put in place after the Deepwater Horizon incident. On September 23 Senator Landry placed a…
Petrobras and its partners have signed contracts worth $3.46 billion with Brazil's Engevix Engenharia S.A. They cover the construction of eight FPSO hulls at the Rio Grande Naval Hub, which is based on the Estaleiros…
Tough news from Matt Mulherin, VP and GM of Northrop Grumman Shipbuilding - Newport News. Northrop Grumman Shipbuilding has cut around 380 salaried employee jobs at the shipyard. The cuts were effective Friday. All impacted…
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