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RIO DE JANEIRO (Dow Jones)–Brazilian oil field services company OSX Brasil S/A (OSXB3.BR), part of Brazilian businessman Eike Batista’s industrial
(Dow Jones) Ship Finance International Ltd. (SFL) said its chief financial officer plans to step down in the second quarter to join another shipping company.
Prosafe has received a Notice of Award for a minimum nine-month contract by Shell Philippines Exploration B.V. (‘SPEX’) using the Safe Astoria for
![Caribbean Collision [INCIDENT PHOTOS]](https://gcaptain.com/wp-content/uploads/2012/03/Screen-shot-2012-03-11-at-2.41.33-PM.jpg)
A general cargo ship was severely damaged early Saturday after being involved in a major collision with a reefer ship in the Caribbean Sea. The collision
RIO DE JANEIRO -(Dow Jones)- Shareholders of Brazilian drilling-rig holding company Sete Brasil approved a capital increase as the company prepares to line up
GLASGOW – DEFENDER, the fifth Type 45 destroyer built by BAE Systems, has today set sail from the company’s Scotstoun shipyard to embark on her
Shipboard fires present crews with unique challenges that are often limited to the capabilities of the human body. With that in mind, scientists at the
![Captain Arrested after Cargo Ship Collides with Ferry [UPDATED]](https://gcaptain.com/wp-content/uploads/2012/03/PE7479_21_664713t1.jpg)
UPDATE: The captain of M/V Union Moon, plead guilty to excess alcohol by the master of a ship Friday morning. The captain, Miroslaw Pozniak, 55, from
We are downgrading Danaos to Neutral from Outperform, and Seaspan to Underperform from Neutral. – Credit Suisse Despite both Danaos’
Tokyo-based shipping firm Sanko Steamship Co. is making final arrangements to seek the rescheduling of loan repayments through a private-sector intermediary to
NEW YORK (Dow Jones) — Carnival Corp. (CCL) reported a better fiscal first quarter than expected despite the shipwreck of its Costa Concordia, and
New York, NY – March 8, 2012 – Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today
HOUSTON (Dow Jones) — Royal Dutch Shell (RDSA) remains confident it will be able to start exploring for oil in the Arctic Ocean off the coast of Alaska
TORM has entered into an agreement to sell the MR product tanker TORM Lana. The parties have agreed not to disclose the sales price. TORM Lana will be
Monthly Incidents by Region WEST AFRICA NIGERIA: Chemical tanker underway approached on 7 March while underway near position 04:12 N – 006:54 E,
Exxon Mobil Corp. (XOM) plans to spend roughly $185 billion over the next five years to develop new energy supplies in anticipation of growing demand. In a
MUMBAI (Dow Jones)–The Shipping Corp. of India Ltd. (523598.BY) plans to raise up to $500 million in dollar loans from banks overseas in the financial
FRANKFURT (Dow Jones)–MAN Diesel & Turbo, a subsidiary of German truck maker and engineering firm MAN (MAN.XE), said Thursday it has received a
LONDON (Dow Jones)–More North Sea Forties crude is set to move to Asia this month, pushing up prices as part of an arbitrage that until December was
WASHINGTON – U.S. Senator Herb Kohl (D-WI) questioned Secretary of the Navy Ray Mabus about the future of the Littoral Combat Ship (LCS) program during a
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