Reuters

Reuters is a global news organization providing reporting on business, geopolitics, energy, trade, regulation, and financial markets. gCaptain publishes select Reuters coverage under a syndication license for maritime and offshore audiences. Reuters stories on gCaptain are clearly labeled and may be edited for house style, formatting, and headline clarity without changing the underlying reporting.


Tuesday, April 28, 2015
semesma nakilat damen tugboat tug
Finance

Qatar Navigation Warns of Challenging 2015

Qatar Navigation (Milaha) warned of a challenging 2015 as conditions in its offshore business remained weak and its investment business was exposed to

April 28, 2015
Total Views: 65

Korean Captain Found Guilty of Homicide
News

Korean Captain Found Guilty of Homicide

The captain of a South Korean ferry that sank last year, killing 304 people, was found guilty of homicide by an appeals court on Tuesday and sentenced to life

April 28, 2015
Total Views: 41

Monday, April 27, 2015
ocean rig sete brasil drillships samsung heavy industries shipyard shipbuilding
News

Samsung Heavy Denies Renewed Merger Talks With Samsung Engineering

South Korean shipbuilder Samsung Heavy Industries Co Ltd denied on Tuesday a South Korean media report that it will try again to merge with sister company

April 27, 2015
Total Views: 21

pacific class 400 jack-up
Engineering News

Sembcorp Marine Sees Challenging Year Ahead, Posts Q1 Profit Drop

Singapore-based rig builder Sembcorp Marine posted its lowest quarterly net profit in at least five years and forecast a challenging year ahead, as new rig

April 27, 2015
Total Views: 40

Saturday, April 25, 2015
Tribunal Blocks Ghana From Drilling New Wells in Disputed Seas, But “TEN” Field Development Can Move Ahead
Offshore

Tribunal Blocks Ghana From Drilling New Wells in Disputed Seas, But “TEN” Field Development Can Move Ahead

An international maritime tribunal on Saturday ruled that Ghana can continue developing a $4.9 billion dollar offshore oil project in an area caught up in a

April 25, 2015
Total Views: 88

Friday, April 24, 2015
Italian Judge Upholds Arrest of Accused Migrant Boat Captain
News

Italian Judge Upholds Arrest of Accused Migrant Boat Captain

An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after

April 24, 2015
Total Views: 63

johan sverdrup
Offshore

Norway’s Giant Johan Sverdrup Could Face Delays, Cost Overruns

The start of Norway's 2.3 billion barrel Johan Sverdrup oil field may be delayed and costs could exceed forecasts but the project could break even at about

April 24, 2015
Total Views: 35

Thursday, April 23, 2015
EU to Triple Funding for Mediterranean Search and Rescue
Shipping News

EU to Triple Funding for Mediterranean Search and Rescue

European Union leaders agreed on Thursday to triple funding for search and rescue operations in the Mediterranean where record numbers are drowning as they

April 23, 2015
Total Views: 30

Wednesday, April 22, 2015
Strong Demand to Rebalance Oil Market by Early 2016
News

Strong Demand to Rebalance Oil Market by Early 2016

Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of

April 22, 2015
Total Views: 33

EU Expected to Restore Rescue Operations After Migrant Boat Disaster
News

EU Expected to Restore Rescue Operations After Migrant Boat Disaster

European Union leaders who decided last year to halt the rescue of migrants trying to cross the Mediterranean will reverse their decision on Thursday at a

April 22, 2015
Total Views: 17

South Korea Sets Plans to Raise Sewol Ferry
Accidents

South Korea Sets Plans to Raise Sewol Ferry

South Korea said on Wednesday it will raise the Sewol ferry that sank a year ago, killing more than 300 people, most of them children, yielding to pressure

April 22, 2015
Total Views: 80

newcastle coal group
News

Storm Shuts Down World’s Biggest Coal Port

Australia's Newcastle port, the world's biggest coal export port, has stopped all ship movements due to a cyclonic storm lashing the country's east coast, a

April 22, 2015
Total Views: 163

Tuesday, April 21, 2015
Prosecutors Blame Captain for Causing Deadly Shipwreck in Mediterranean
News

Prosecutors Blame Captain for Causing Deadly Shipwreck in Mediterranean

Prosecutors blamed the Tunisian captain of a fishing boat for causing the deaths of hundreds of migrants locked below decks when his vessel capsized in the

April 21, 2015
Total Views: 43

Cheaper Fuel to Boost Container Shipping – View
News

Cheaper Fuel to Boost Container Shipping – View

Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel

April 21, 2015
Total Views: 28

Diamond offshore semisubmersible upgrade shipyard
News

Cheap Oil to Trigger Drilling Sector Take-Over Wave – Maersk Drilling

The oil drilling industry faces a wave of take-overs in the next two years as crude prices are expected to remain under $85 per barrel, said Claus Hemmingsen,

April 21, 2015
Total Views: 53

Monday, April 20, 2015
U.S. Navy Sends More Warships to Yemen
Navy

U.S. Navy Sends More Warships to Yemen

The U.S. Navy has sent an aircraft carrier and a guided-missile cruiser into the waters near Yemen to conduct maritime security operations, a Pentagon

April 20, 2015
Total Views: 32

EU Leaders Meet Amid Escalated Migrant Crisis in Mediterranean
News

EU Leaders Meet Amid Escalated Migrant Crisis in Mediterranean

European Union foreign ministers met on Monday under pressure to produce more than words and save desperate migrants drowning in the Mediterranean, as bodies

April 20, 2015
Total Views: 45

audacia pipelay vessel laggan-tormore
News

Petrofac Expects Further Loss on Laggan-Tormore Project, Shares Fall Sharply

"I have never faced a more difficult and challenging work environment," commented Chief Executive Ayman

April 20, 2015
Total Views: 107

Sunday, April 19, 2015
nakilat mozah q-max lng carrier
News

Profit Rises at Qatari LNG Shipper Nakilat

Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a 7.7 percent rise in first-quarter net profit on

April 19, 2015
Total Views: 71

EU Frets Naval Mission Off Libya Could Draw More Migrants to Sea
News

EU Frets Naval Mission Off Libya Could Draw More Migrants to Sea

The EU is considering sending warships to the Libyan coast to combat oil and arms smugglers but fears that could encourage more migrants to take to sea in the

April 19, 2015
Total Views: 30