DryShips Swings to 2Q Loss; Stock down 42% this year
Image courtesy Samsung Heavy Industries (Dow Jones) DryShips Inc.’s (DRYS) swung to a sharp loss in its fiscal second-quarter as write-downs from the
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Image courtesy Samsung Heavy Industries (Dow Jones) DryShips Inc.’s (DRYS) swung to a sharp loss in its fiscal second-quarter as write-downs from the
Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude-tanker market may stay in the doldrums due to a supply overhang, despite stable
ExxonMobil Corp. and OAO Rosneft, the state-controlled Russian oil giant, reached a sweeping strategic alliance Tuesday that will give the U.S. titan access to
London, UK, 19 August – If it wasn’t bad enough that demand in the shipping markets has not recovered, commodity price rises have put more than a
Today’s ship photos come to us via the heavy lift operator, Jumbo Shipping, who has just announced it has won a contract to transport and install all 111
By Neena Rai, Dow Jones Newswires, Image by Andrew Winning/REUTERS LONDON (Dow Jones)–A restart of Libyan oil exports will lead to a renewed fixing of
LONDON (Dow Jones)–United Arab Emirates-based oil rig engineer Lamprell PLC (LAM.LN) expects earnings in the second-half of the year to improve on
SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) expects Indonesia to name the company as the preferred bidder for the
By Claudia Rosett, Dow Jones & Co This June, a merchant ship flying the Hong Kong flag and sailing under the name of the Atlantic called at the Mexican
Image: NOAA Weakened Irene Rakes Coast; Mammoth, Slow-Moving Storm Leaves a Sprawling Trail of Damage Far Inland Hurricane Irene menaced the Eastern seaboard,
Photo courtesy SEALSWCC.com After years of war movies about conflicted fighters, a new crop of films is shifting focus: to tactics, technology and teamwork.
Photo courtesy OneEighteen via Flickr HOUSTON (Dow Jones)–The U.S. Coast Guard and the Federal Bureau of Investigation must develop a joint national plan
By Adam Spangler, Dow Jones & Co, Image: © Louise Gubb/Greenpeace At 0700 hours, June 17, 100 Miles off the coast of Greenland, a black inflatable
By William Lyons, Dow Jones & Co, Photo: RORC/Rick Tomlinson In the crowded waters off the Isle of the Wight, within a fathom of the starting line
Image courtesy Frontline Oslo-listed oil tanker giant Frontline Ltd. (FRO.LN) Friday said it swung to a $35.24 million net loss in the second quarter, from a
Heerema Marine Contractors (HMC) has a reputation for going big, and today, the company is living up to that hype, announcing an order for the world’s
By Arian Campo-Flores, Valerie Bauerlein and Mike Esterl, Dow Jones & Co Hurricane Irene thrashed the Bahamas early Thursday, with widespread damage
Click on the image for the Hi-Resolution version 12,481 employees, 64 wheel powered hydraulic jack transporters, 1000 foot floating drydocks plus assorted
The satellite presentation of hurricane Irene has continued to improve this afternoon. A large area of deep convection with very cold cloud tops has expanded
Have you ever dreamed of owning a JetPack? Maybe gCaptain’s editors have watched one too many James Bond movies but our answer is yes. Jetpack technology
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