Dow Jones

Dow Jones is an international news agency and a gCaptain content partner.

Wednesday, December 12, 2012

NOSCO Victory Denied with Stranded Myanmar Shipwreck Survivors

Chun Han Wong SINGAPORE–A group of shipwreck survivors rescued near Myanmar last week remains in limbo off Singapore’s coast despite concerns they

December 12, 2012
Total Views: 15

Sunday, December 9, 2012

Canadian Government Approves CNOOC Takeover of Nexen

HONG KONG–Cnooc Ltd. (CEO), China’s largest offshore oil-and-gas producer by capacity, confirmed Saturday that the Canadian government approved

December 9, 2012
Total Views: 2

Friday, December 7, 2012

Vale’s Strategy is About Access to Ships, Not Ownership

LONDON–Brazilian miner Vale SA (VALE) said Thursday the company’s shipping strategy isn’t about owning a fleet of ships but rather making

December 7, 2012
Total Views: 8

Press Releases

2012 International Workboat Show: What You May Have Missed

Did you miss out on the International Workboat Show in New Orleans this week? Even for those of you that attended, the show is so massive that there is

December 7, 2012
Total Views: 6


Crew Involved in Hong Kong Ferry Disaster May Face Manslaughter Charges

The head of a commission tasked with investigating Hong Kong’s worst maritime disaster in a generation ruled Friday that a series of public hearings

December 7, 2012
Total Views: 1

Thursday, December 6, 2012

With West Coast Ports Strike Over, Focus Shifts to East and Gulf Coast Ports

Freight shippers are starting to make contingency plans in case labor strife idles seaports along the U.S. East Coast, just as they begin recovering from an

December 6, 2012
Total Views: 2

Engineering News

Sembcorp Marine Secures $434 Million Contract to Build Two Jack-Ups for Mexico’s Oro Negro

A subsidiary of Sembcorp Marine Ltd. (S51.SG) has secured a contract worth US$434 million to construct two jack-up rigs for Mexico’s Integradora de

December 6, 2012
Total Views: 1

Wednesday, December 5, 2012

Japanese Shipbuilding Merger Gets Green Light

TOKYO–JFE Holdings Inc. (5411.TO) and IHI Corp. (7013.TO) on Tuesday said they will proceed with a Jan. 1 merger of their shipbuilding operations,

December 5, 2012
Total Views: 36

Monday, December 3, 2012

Vale: Global Iron Ore Demand “Far From Peaking”

RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in

December 3, 2012
Total Views: 3

Saturday, December 1, 2012
chevron frade fpso

Chevron’s Frade FPSO to Restart Production as Brazilian Court Dismisses Injunction

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

December 1, 2012
Total Views: 21

Friday, November 30, 2012

Sete Brasil’s Drillship Order a “Pleasant Surprise”

[Dow Jones] SembMarine’s (S51.SG) new drillship order from Sete Brasil for US$806 million was a pleasant surprise, Barclays says. “The seventh

November 30, 2012
Total Views: 3


Boskalis: Our Offer is a Fair Valuation

AMSTERDAM (Dow Jones)–Dutch dredging company Koninklijke Boskalis Westminster NV (BOKA.AE) has kept its offer for maritime services company Dockwise

November 30, 2012
Total Views: 2

Thursday, November 29, 2012

Petrobras Cancels 5-Rig Contract with Ocean Rig

SAO PAULO–Brazilian government-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled plans to hire five drilling rigs

November 29, 2012
Total Views: 4

Dockwise Says Boskalis Offer is Undervalued

AMSTERDAM–Dutch sea-transporting company Dockwise Ltd. (DOCKW.AE) said Thursday that Monday’s offer price by Dutch dredging company Royal Boskalis

November 29, 2012
Total Views: 3

Wednesday, November 28, 2012

Huntington Ingalls Seeking Partners to Avoid Closure of Avondale Shipyard

The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that it is still looking for partners to convert a Louisiana naval shipyard earmarked

November 28, 2012
Total Views: 5


Body of Missing Worker Found Near Damaged Black Elk Platform

A body found in the Gulf of Mexico has been identified as that of a Filipino oil worker who went missing after an explosion on an offshore platform Nov.

November 28, 2012
Total Views: 2

kirby corp penn maritime

Kirby Corp Buys Penn Maritime in $180 Million Deal

(Dow Jones) Kirby Corp. (KEX) has agreed to buy tank barges and tugboats operator Penn Maritime Inc. and an affiliated company in a cash and stock deal of

November 28, 2012
Total Views: 116

Tuesday, November 27, 2012

China’s Aircraft Carrier: How Big a Step Forward?

By Andrew Erickson and Gabe Collins Two months after China’s first aircraft carrier Liaoning was commissioned, and a year and a half after it began sea

November 27, 2012
Total Views: 51

Monday, November 5, 2012
tender rig seadrill t-4

Seadrill Plans Liquidation of Tender Rig Fleet

KUALA LUMPUR–SapuraKencana Petroleum Bhd. (5218.KU) plans to acquire the tender rigs business of Norway’s SeaDrill Ltd. (SDRL.OS) for an

November 5, 2012
Total Views: 19

Thursday, June 7, 2012

Like it or Not: State Oil Company Becomes ‘Flag’ in South China Sea

By Gabe Collins and Andrew Erickson Sometimes oil companies follow the flag, sometimes the flag follows them — and sometimes they themselves become the

June 7, 2012
Total Views: 22