Siem Shipping Sells the Timaru Star for Scrap
Siem Shipping has sold one of its less efficient vessels, the Timaru Star, for recycling. The sales price was USD $2.0 million. The transaction will have no
Rob Almeida is Partner and Chief Marketing Officer at gCaptain. Rob can be reached at [email protected]. Connect with him via his LinkedIn Page or via Google Plus
Siem Shipping has sold one of its less efficient vessels, the Timaru Star, for recycling. The sales price was USD $2.0 million. The transaction will have no
Petrobras has extended their contract for DOF Subsea’s Skandi Vitória for an additional two years beginning in September 2013. The vessel is owned
South Africa’s National Sea Rescue Institute (NSRI) has reported that as of 1002 local time, all 19 crew members from the bulk carrier Kiani Satu are
While operating for Total E&P offshore Angola, the 1999-built Ensco DS1 drillship was running their blowout preventer (BOP) to the wellhead in 4,318 feet
An anonymous gCaptain source gave us the second-hand run down of what transpired on board the Hercules 265 when at 0845 on July 23, well A-3 blew out at
Houston-based drilling contractor Rowan (NYSE: RDC) had quite a bit to celebrate today. In their Q2 earnings report, they announced a $32 million (63 percent)
On July 19th, workers at Vigor Industrial’s drydock in Seattle successfully floated the Washington State Ferries’ newest vessel, the 144-car M/V
MODEC has announced that they have been awarded a 20-year FPSO charter contract by Tullow Ghana at their TEN Field located in the Deepwater Tano Contract Area,
Golar LNG has announced they have received a 5-year, USD $213 million charter contract with the Kuwait National Petroleum Company (KNPC) for their 170,000 cbm
A fleet of Russian warships entered the Port of Havana today, including the guided missile cruiser Moskva, pictured above, the destroyer Vice-Admiral Kulakov
German utility company RWE announced on Friday they are selling back their 50 percent stake in Houston-based Excelerate Energy. The deal was signed with
This week, NOAA’s Terra/MODIS satellites detected a massive plume of dust moving off the coast of Africa, born from a storm far inland. This plume,
In the absence of significant demand for large high speed ferries, Incat Tasmania marks their entry into the offshore industry with the receipt of their latest
Singapore-based rig builder Keppel FELS announced today they have secured their 66th jack-up rig newbuild contract since 2000. Uruguayan firm, Parden Holden
The world of private maritime security has utterly exploded in recent years following the rise of Somali piracy, and now the huge increase in attacks in the
Alstom has achieved a significant milestone this week when its tidal power turbine achieved a full nominal power output of 1MW at their European Marine Energy
Seadrill Limited entered into new contracts today for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore
In 2011, Virginia-based maritime security firm AdvanFort needed to some rifles to undertake counter-piracy missions in the Gulf of Aden and the Indian Ocean.
Rongsheng Heavy Industries announced in a stock filing today their plan to issue HK$1,400,000,000 (USD $180 million) in convertible bonds in an effort to help
Houston-based deepwater well intervention firm, Helix Energy Solutions Group, Inc. (NYSE: HLX), has announced their plans to build the Q7000, their
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