Offshore Drilling Rates Approaching $500,000 Per Day Mark
The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels, leading to a 40%
Mike Schuler is the Managing Editor of gCaptain, where he oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy. He is a key contributor to gCaptain’s editorial content, frequently writing about major maritime incidents, regulatory changes, and geopolitical developments affecting the shipping industry. Schuler has built a reputation for delivering timely and insightful maritime news, often breaking key stories that influence industry discussions. His reporting is recognized for its clarity, accuracy, and ability to distill complex maritime issues for a broad audience. You can reach him at [email protected] or follow him on X at @MikeSchuler.
The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels, leading to a 40%
Danish shipping giant Maersk has secured the green methanol fuel for the maiden voyage of its first dual-fuel containership under construction in South Korea.
The operation to transfer over 1 million barrels of oil from the decaying FSO Safer in the Red Sea has reached a significant milestone after obtaining
After more than a year of negotiations, a heated exchange has erupted between the Pacific Maritime Association and the International Longshore and Warehouse
The developer of the nation’s first commercial-scale offshore wind farm has announced the start of offshore construction, marking a major milestone in
Japanese shipping company MOL has completed sea trials of SpaceX’s Starlink broadband internet on board one of its vessels. The trial was conducted on
Technology provider Kongsberg Maritime has received Approval in Principle (AIP) from the classification society DNV for its next-generation 2,000 TEU container
Cargill, a leading food production and processing company, has joined forces with maritime services provider Kotug International to launch the world’s first
The U.S. Chamber of Commerce is calling on President Biden to intervene in the ongoing labor negotiations between the Pacific Maritime Association (PMA) and
To mark World Ocean Day, U.S. Congressman Robert Garcia (CA-42), alongside Senator Alex Padilla (D-California), have introduced new legislation to help curb
The crews of two Overseas Shipholding Group (OSG) tankers came to the aid of six individuals in two separate at-sea rescues taking place within just 18 hours
Scientists at NOAA’s Climate Prediction Center have confirmed the arrival of the anticipated El Niño. El Niño is a naturally occurring weather phenomenon
Naval architects, Deltamarin, and marine engineering consultancy, BAR Technologies, have joined forces once again to revolutionize wind propulsion in the
Despite a rise in consumer spending, U.S. container imports are expected to be 22% lower in the first half of 2023 compared to the same period last year,
Update: All marine terminals were open and operating normally on Thursday as officials continue to monitor air quality. Container terminals at the Port of New
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG) has published its latest June Global Shipping Report, highlighting the ongoing trends in U.S. container
Norwegian cruise operator Hurtigruten has announced new details on its ambitious plans for a zero-emission cruise ship intended to operate along the rugged
A MSC Mediterranean Shipping Company containership has caught fire at an anchorage in the UAE. The UAE’s National Search and Rescue Center said it
DNV, a leading classification society, has awarded an Approval in Principle (AiP) for the design of an ammonia-powered gas carrier called the M/S NoGAPS. This
The global shipping industry’s severe shortage of ship officers has reached its worst on record and shows signs of abating, according to Drewry’s
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