BP is Back: Oil Giant Lands First Drilling Permit For US Gulf Post Spill
By Ryan Tracy And Angel Gonzalez, The Wall Street Journal WASHINGTON—BP PLC on Wednesday got permission to drill its first well in the Gulf of Mexico
gCaptain is the world's most-read maritime and offshore news website, founded in 2007 by Captain John Konrad, a USCG-licensed Master Mariner who spent a decade commanding tankers and drillships worldwide. Our editorial team combines professional maritime credentials with journalism experience. Staff members include licensed deck officers, marine engineers, and reporters who have covered shipping, offshore energy, and naval affairs for major publications. gCaptain is a credentialed member of the Pentagon Press Corps, with direct access to Department of Defense briefings on naval operations and maritime security. We maintain working relationships with major shipping lines, classification societies, port authorities, and maritime regulatory bodies including the U.S. Coast Guard, International Maritime Organization, and flag state administrations. Our reporting standards prioritize primary sources: official documents, regulatory filings, court records, and on-the-record interviews with industry executives and government officials. We maintain a public corrections policy and update stories when new information emerges. Our editorial standards require verification of claims before publication. Since 2007, gCaptain has broken major stories including early coverage of the Deepwater Horizon disaster, the collapse of Hanjin Shipping, the Ever Given Suez Canal grounding, and ongoing coverage of sanctions evasion by shadow fleet tankers. Our analysis has been cited by the New York Times, BBC, NPR, and submitted as evidence in Congressional hearings. For press inquiries, contact our editorial team. For advertising and partnerships, contact our business team.
By Ryan Tracy And Angel Gonzalez, The Wall Street Journal WASHINGTON—BP PLC on Wednesday got permission to drill its first well in the Gulf of Mexico
By Richard Spilman Taking shape in the Hyundai shipyard in Ulsan, Korea is an engineering marvel. The Dockwise Vanguard, previously referred to as the
Norwegian conglomerate Kongsberg Gruppen ASA (KOG.OS) Wednesday reported a net profit of NOK381 million, up from NOK363 million, and said a strong influx of
Hurricane Rina, now churning in the Caribbean north of Honduras, is expected to become a major hurricane as soon as late Tuesday and strike the eastern shores
By Somalia Report, After sources close to pirate groups claimed over the weekend that a ransom had been paid for the MV Iceberg, pirates on board the vessel
Horizon Lines today said it plans on slashing its trans-Pacific container service, Five Star Express (FSX), between the U.S. West Coast, Guam and China
***UPDATE*** The Associated Press retracted their story on this today, apparently things aren’t what they seem. We will keep you posted with any
By Kevin J. Walsh The World Trade Organization estimated that the United States of America imported $1,936 trillion worth of goods in 2010 (WTO, 2010), more
Hess Corp. (NYSE:HES) is planning to proceed with the $2.3 billion development of a deepwater oil and gas project in the U.S. Gulf of Mexico, using a
By Alexis Flynn, Wall Street Journal LONDON—BP PLC shares rose in early trading Tuesday after the U.K. energy giant reported solid earnings and announced
By Alexander Rose, Wall Street Journal On April 28, 1789, mutineers commandeered HMS Bounty, en route from Tahiti to the West Indies with a cargo of breadfruit
WASHINGTON (Dow Jones)–Environmental groups have filed a formal challenge to air-quality permits that Royal Dutch Shell needs to drill for oil in the
HONG KONG–Over 70 commuters were injured–some seriously–after their passenger ferry crashed into a mooring pillar after departure from an
By Jonathan Hoenig We do not trade a firm’s earnings, management or products, only shares of its stock. Therefore, price alone should guide our decision
By Adam Entous U.S. Defense Secretary Leon Panetta assured anxious Asian allies on Sunday that the U.S. will maintain its large military presence in the
Here is the list of jobs currently posted on the gCaptain job board. If you are an employer and would like your open positions listed on this weekly post
Eight divers were decompressing aboard the Iranian flagged dive support vessel Koosha-1 when it sank three days ago in the Persian Gulf. The official in charge
SEOUL (Dow Jones)–South Korean shipping-to-shipbuilding conglomerate STX Group said Sunday it won’t seek large-scale merger and acquisition bids
By Aweys Cadde, Somalia Report Police from Somalia’s semi-autonomous state of Puntland have arrested 15 suspected Somali pirates as they planned to
By Tennille Tracy, Wall Street Journal BP PLC won approval from U.S. officials Friday to look for oil at new sites in the Gulf of Mexico, the firms’s
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up