Pemex evacuates sinking flotel

A semisubmersible platform used to house offshore oil workers in the Mexican waters of the Gulf of Mexico partially sank Tuesday afternoon. The flotel, named the Flotel Jupiter, is owned by Mexico’s

Piracy at record high reports IMB

Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, according to the most recent global piracy report from the International Chamber of Commerce