China's Yangzijiang Shipbuilding announced acquisition of additional 40% interest in Jiangsu Xinfu Shipbuilding for a consideration of US$57.15m or RMB 377m, raising its effective stake to 60%.
Multraship has salvaged the fishing trawler ‘Nieuwpoort 28’ (‘N28’) which capsized off Dunkirk on March 1, using its recently upgraded floating sheerlegs ‘Cormorant’. |
| Two of the world's largest container ships have met for the first time at the Port of Felixstowe. The 15,550TEU ‘Eleonora Maersk’, and the 14,000TEU ‘MSC Paloma’, are both regular callers at the UK's largest container port, but usually on different days. This was the first time the two largest classes of container ships in the world have berthed at the port simultaneously. |
Russian freighter Dvina beached near Karabiga, Marmara sea, Turkey, in a rough weather, either on Mar 3 or Mar 7, not clear.
A new fuel-switching programme being introduced by Maersk Line will see the company's vessels cut sulphur oxide levels in their exhaust gases by more than 80 percent when they are berthed in New Zealand ports.
Nippon Yusen K.K., Asia’s largest listed shipping line, may slow its container vessels by a further 10 percent to pare fuel usage after bunker prices jumped to the highest in more than two years.
BP Plc's Holstein platform in the Gulf of Mexico, marketed as part of the Southern Green Canyon U.S. cash crude blend, has been down for repair for four weeks, CEO Bob Dudley said on Tuesday.
GE is pleased to announce that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares (“Wellstream’s Shares”) on the Official List had been cancelled and Wellstream’s shares ceased to be admitted to trading on the London Stock Exchange as of 8 a.m. (London time).
Within a few minutes the Norwegian 65-ft-fishing vessel "Bjerka" (MMSI-No.: 257419500) sank in the port of Andenes after having been hit by the "Feed Tromso" on Mar 8, 2011.
More than $200 million have been invested in updating equipments of the drilling sector in past two years, managing director of the National Iranian Drilling Company (NIDC) Heidar Bahmani said on Sunday.
Cameron has received a contract valued at approximately $200 million from ConocoPhillips to provide equipment and services on two new platforms in the Greater Ekofisk Area Development offshore Norway. 
Transpacific shipping lines and freight forwarders should be prepared for only a small growth in volumes this year, after double-digit increases in 2010.
Container shipping lines and shippers would benefit if carriers could share information in ways barred by the European Union, the chairman of Orient Overseas Container Line's parent company told the Journal of Commerce's Trans-Pacific Maritime Conference.
Tanker bookings to pick up Libyan oil cargoes have ended, the world’s largest shipbroker said, as an uprising against leader Muammar Qaddafi disrupts supply.
Ithaca Energy Inc. announces today that the Energy Enhancer jack-up drilling unit has commenced drilling a second production well on the Jacky field. 
Piracy has been escalating, now posing an ever so serious threat to the global maritime community, as all international efforts to curb the problem have failed. According to a new report from BIMCO, “what started out as a few sporadic attacks in the Gulf of Aden some years ago has now developed into “industrial piracy”. The pirates are no longer sailing around in skiffs only, they utilize “mother ships” from which they launch their attacks and in some cases they even use a hijacked commercial vessel as “mother ship”. This development has enlarged the piracy infested area to most of the northern part of the Indian Ocean – resulting amongst other things in an enlargement of the War Risk Zone by the Joint War Committee to cover much more than just the Gulf of Aden and subsequently increased costs as a result of increased insurance payments and longer sailing distances in order to avoid attacks and a potential hijack and hostage situation” says the report.
Prosafe has been awarded a Letter of Interim Agreement ("LOIA") by Talisman Energy (UK) Limited for the provision of the MSV Regalia accommodation support rig at the Auk South Redevelopment Project in the British sector of the North Sea.
Mexico’s state-owned oil company Petroleos Mexicanos, or Pemex, expects to have a first round of tenders on some areas of the deep water of the Gulf of Mexico late this year or early 2012, its top executive said Tuesday.
The UK-based A&P Group has announced a multi-million pound contract for the renewable industry with work being carried out at its shipyard in Falmouth.
McDermott International has announced that one of its subsidiaries, McDermott Caspian Contractors, and the State Oil Company of the Azerbaijan Republic (SOCAR) have formed a strategic alliance to implement a major pipelay and diving services contract in the Caspian region.
Det norske has entered into an agreement with Talisman Energy to acquire 10 percent in PL438 in the Barents Sea. The license contains the prospect called Skalle. 
China Offshore Oil Engineering Co Ltd (COOEC), a subsidiary of the state-owned oil company CNOOC, has selected the Norwegian ship designer Skipsteknisk to develop the design of a new multipurpose subsea construction vessel.
GDF Suez has awarded Technip a €45-million ($62.5 million) engineering, procurement, construction, and installation contract for Gjøa development in the Norwegian North Sea.
The U.S. Justice Department said on Monday that it will create a single task force to oversee all aspects of its criminal investigation into last year's oil spill in the Gulf of Mexico.
Solstad Offshore ASA (SOFF) has recently entered into a charter agreement for the PSV “Normand Vester” with Petrobras for a period of 4 years firm plus options.
DONG Energy, E.ON AG and Masdar said Tuesday that the first of 177 foundations has been installed at the U.K.’s multi-billion pound flagship offshore wind farm London Array that will be the largest offshore wind farm when it is commissioned next year.
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