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CNOOC Profits Nosedives, Eyes South China Sea
8/27/2015 12:06:28 AM
 Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year.
 
Net income dropped to 14.73 billion yuan ($2.3 billion), or 0...

Maersk Seeks to Shut Janice in UK North Sea
8/26/2015 12:14:17 PM
Maersk Oil said on Wednesday it would seek regulatory permission to shut its Janice installation, which produces around 7,000 barrels per day (bpd) from three UK North Sea oilfields, as the Danish firm reviews its operations due to falling oil prices...

Ulstein Verft Launches its Largest Ship to Date
8/26/2015 10:31:21 AM
On August25, shipbuilder Ulstein Verft launched from its dock hall a special offshore construction vessel, Yno 302, for Island Offshore and Edison Chouest Offshore.
 
The newbuild measures close to 160 meters in length with at beam of 30...

USCG, Royal Canadian Navy Conduct Jt Exercise
8/26/2015 6:49:39 AM
 
U.S. Coast Guard crews from Southeastern New England conducted various evolutions with the Royal Canadian Navy to train and improve the inter-operability of the two nations’ militaries and surface search and rescue assets...

Tidewater to Present at the Pareto Securities Oil & Offshore Conference
8/26/2015 6:02:31 AM
 
Tidewater Inc. informed today that Jeffrey M. Platt, President and CEO, and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the Pareto Securities Oil & Offshore Conference in Oslo, Norway on...

HSL in Pact with Hyundai to Build Fleet Support Ships?
8/26/2015 2:59:31 AM
 Hindustan Shipyard Ltd., the largest shipbuilding enterprise under Indian Ministry of Defence, and world’s premier shipbuilder Hyundai Heavy Industries (HHI) are likely to undertake joint construction of self-propelled fleet support ships (FSS)...

Ballast Water Treatment Modular and Just in Time
8/25/2015 2:40:59 PM
A pair of market entries — one a business of powerful Japanese technology players, the other a newbie with some pedigree — reveal how bold, modular design could pay dividends in a competitive market. Their increments of innovation add up to timely...


Cosco Pacific Profits up 12%
8/27/2015 12:08:23 AM
 Major terminal operator Cosco Pacific has reported a 12% on-year increase in net profits for the first half of this year to nearly $164.4m on good cost control and optimisation of management efficiency.
 
However the revenue of the port and box leasing unit of Chinese state conglomerate Cosco Group dropped 8... Go to Article


Russia Launches Arctic Drill
8/25/2015 5:04:09 AM

Ushering in the Age of the Autonomous Workboat
8/24/2015 11:01:18 AM

Larger Ships, Demand Driving Port Investment Boom
8/24/2015 9:30:50 AM

Vroon Group Implements Seanique
8/24/2015 7:19:22 AM

Shipping Rules to Protect Arctic Ocean
8/24/2015 4:19:44 AM

World’s Dry Cargo Transport Rate Nosedives
8/24/2015 4:17:55 AM

New Submarine Named USS Idaho
8/23/2015 4:35:23 AM

San Leon Spuds Morocco Well
8/23/2015 4:25:34 AM

Greece Moves Refugees to Mainland, Crush Builds on Border
8/22/2015 8:48:11 AM

MSC Announces First Sailing on Revised Asia Trade
8/21/2015 2:27:59 PM

Coast Guard Responds to Delaware River Grounding
8/25/2015 8:25:53 AM

Michael Sheklin to Serve on MERPAC
8/24/2015 5:04:09 PM



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