A.P. Moller-Maersk A/S plans to increase its presence in the pre-salt Brazilian offshore market through a proposed $2.4 billion cash acquisition of SK do Brasil Ltda.A wholly owned subsidiary of A.P. Moller Maersk, Maersk Olie…
BOEMRE Director Michael R. Bromwich today tried to allay offshore industry fears that his agency will soon change the rules of the permitting process significantly, thereby creating further uncertainty about what is required to conduct…
Kenneth Hvid, has been appointed Executive VP and Chief Strategy Officer at Teekay Corporation (NYSE:TK ), effective April 1. He will be located in Vancouver, Canada and will be succeeding Peter Evensen, who takes over…
Olympic Shipping AS has exercised an option with Norway's  Kleven Maritime to build a second multi purpose field supply and construction vessel at the Kleven Verft shipyard in Ulsteinvik. Delivery is scheduled  for June 2012.The…
Mitsui O.S.K. Lines, Ltd. (MOL) reports that it has established a Ship Energy Efficiency Management Plan (SEEMP) and has started its use in the MOL tanker fleet. The SEEMP provides the most efficient vessel operation…
Norway's Bergen Group BMV has been awarded contracts for the construction of three multi-purpose offshore vessels for Sartor Offshore AS. The contracts have total value of about NOK 1 billion (US $168.5 million). The first…
Failure of the vessel's Kort nozzle struts may have led to  the March 23, 2008, sinking of the fish-processing vessel Alaska Ranger and the subsequent loss of five of the 47 people aboard the ship.…
Though the price of the ship has yet to be disclosed, Hapag-Lloyd Cruises today released a few more details about MS EUROPA 2, the newbuilding from STX France that is set to join its fleet…
A series of 9,000 TEU containerships will cut fuel consumption by 10 percent and CO2 emissions by 90 tonnes a day as a result of an improvement in the hull lines.The improved is the result…
The U.S. Coast Guard has granted ABS the authority to issue Certificates of Fitness on its behalf to U.S.-flagged offshore supply vessels (OSVs) that transport or handle limited amounts of hazardous and noxious liquid substances…
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