Keppel to Take Full Control of Legacy Rigs Amid Offshore Market Rebound
Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), part of a
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), part of a
The maritime industry’s ambitious push towards zero-emission shipping through green corridors is gaining momentum but faces critical challenges,
The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader
President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the
One year after the hijacking of the M/V Galaxy Leader, the maritime industry continues to grapple with an unprecedented crisis in the Red Sea. The car carrier,
The 2017-built Maersk Halifax has become the first large containership to be converted to methanol fuel, Maersk announced on Monday. The extensive retrofit
New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season.
A powerful weather system is set to explode off the U.S. West Coast, bringing with it hurricane-force winds and massive wave heights. The rapidly intensifying
The European Union has expanded its sanctions framework to curb Iran’s military support to Russia, focusing on disrupting key shipping routes and
A groundbreaking new report from the United Nations Institute for Disarmament Research (UNIDIR) is raising the alarm over a fragmented and insufficient
In a thought-provoking LinkedIn post, Sam Norton, CEO of Overseas Shipholding Group, has outlined a compelling proposal to bolster the U.S. maritime industry,
Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) have announced the establishment of OneSea Solutions (ONESEA), a joint venture set to transform
The Bureau of Ocean Energy Management (BOEM) is forging ahead with its offshore wind development plans in California, despite looming political uncertainties
The U.S. Department of Transportation’s Maritime Administration (MARAD) has unveiled a significant investment of nearly $580 million to bolster port
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 26 entities, individuals, and vessels linked to
The Port of Long Beach handled nearly 1 million twenty-foot containers in October, setting new record as the port’s busiest month in its 113-year history.
Two Somali pirates have been brought to justice in the United States for their roles in a harrowing 977-day hostage-taking of an American journalist. In a
Brussels-based Kpler has announced its acquisition of Spire Maritime, a leading provider of satellite-powered vessel tracking data. This strategic acquisition
Hapag-Lloyd’s performance in the first nine months of 2024 has dipped compared to last year, driven by lower freight rates and increased transport costs from
U.S. Central Command (CENTCOM) forces have conducted precision airstrikes on Houthi weapons storage facilities in Yemen amid the group’s ongoing threats to
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