Athens based Safe Bulkers, Inc., an international provider of marine drybulk transportation services, has entered into shipbuilding contracts for the construction of two bulkers. The vessels are to be built in China.

In celebration of the 40th anniversary of Earth Day, the Port of Seattle is highlighting its environmental stewardship with one of its green initiatives, the At-Berth Clean (ABC) Fuels program.

MISC Berhad, one of the world's renowned LNG transporters based in Kuala Lumpur entered into a joint venture agreement with Petromin PNG Shipping Limited, a wholly-owned subsidiary of Petromin PNG Holdings Limited, Papua New Guinea's National Oil, Gas and Minerals Company.

Star Bulk Carriers Corp., Athens, signed a contract with ship-builder Hanjin Heavy Industries to build a second Capesize vessel of 180,000 dwt, a sistership to the first vessel ordered, with expected delivery in November 2011. As per ship operator…

Halliburton, service provider to the energy industry at Houston, and Boots & Coots, Houston, jointly announced that Halliburton has entered into a definitive merger agreement to acquire all of the outstanding stock of Boots & Coots in a stock and cash transaction.

Mitsui O.S.K. Lines, Ltd. (MOL), Tokyo, announced the completion of the concept for its third in a series of next-generation vessels, which will be technically practical in the near future.