A joint venture between Russia’s United Shipbuilding Corporation and the Finnish branch of shipbuilding group STX Arctech Helsinki Shipyard  has won a

Qatar Shipping, a wholly owned subsidiary of Milaha announced today the securing of a 12 year, US $425 million fixed-term ship financing facility with a

Israeli shipping company Zim has reached an agreement in principle with most of its creditors covering $1.82 billion in debt, in a deal that will see parent

Gulf Coast Shipyard Group has launched the first of six dual-fuel offshore supply vessels for Harvey Gulf International Marine at their facility in Gulfport,

Noble Corporation’s (NYSE: NE) 4th quarter and 2013 earnings release today revealed the offshore drilling contractor earned $783 million,

Cia. Sud Americana de Vapores SA, controlled by Chile’s billionaire Luksic family, signed an agreement with Germany’s Hapag-Lloyd AG to combine operations

Singapore's Keppel Corp Ltd , the world's top offshore drilling rig builder, boasts an $11 billion order book that will likely lift profits this year as those

European utilities paying more to burn coal this winter is a sign of progress in Colombia, according to Alejandro Arias, whose environmental activism is

In 2013, gCaptain visitors spent a total of 617,064 hours while browsing the digital pages (pageviews) of our website over 25 million times. Our clients who

Freeport-McMoRan Copper & Gold Inc., the largest publicly traded copper producer, will defer the equivalent of about a 10th of monthly sales of the metal until

Iran's oil exports have picked up modestly in January for the third consecutive month, according to sources who track tanker movements, adding to signs that

By Matt Siegel SYDNEY, Jan 22 (Reuters) – Australia on Wednesday rejected claims by a group of asylum seekers that they were beaten and suffered burns

International maritime transportation firm, Heung-A Shipping announced today an $86.6 million (KRW 92.1 billion) newbuild order for four chemical tankers

Earlier today, January 21st, 2014, Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (NYSE:TK) announced the creation of Tanker Investments Ltd. (TIL)

The 52 passengers rescued from a Russian expedition vessel that became stuck in an Antarctic ice floe over the holidays have reached Australia safe and

A former Halliburton Co. manager was spared jail for destroying well-testing evidence after BP Plc’s 2010 Gulf of Mexico oil

The Panama Canal Authority said on Tuesday it was in talks over a new financing proposal with the Spanish-led consortium in charge of expanding the waterway

One person has died and four others were injured Monday afternoon following an explosion onboard a chemical tanker near the Tuzla Shipyard in Istanbul,

Seabourn Cruises has announced the formal signing of a contract with Fincantieri for the construction of a new all-suite vessel, continuing the fleet

IMO Secretary-General Koji Sekimizu has delivered his 2014 New Year Address, outlining some of the targets, challenges and priorities the International