News

Proteksan Turquoise issued the most recent public statement from any of the parties linked to its 60m superyacht, Yogi, on 12 March. The vessel itself sank off

5 April – 12 April 2012 Despite a tremendous amount of continued volatility bunker prices are clearly trending downward at this point.  This week the

To some gCaptain readers, the superyacht market may be an alien world, however, over the last ten years, this niche industry has exploded. With dedicated,

DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake in Ocean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling

LONDON -(Dow Jones)- BP PLC (BP.LN) is investigating allegations of impropriety in its shipping division but still doesn’t know whether there is any

RiverWijs has recently taken delivery of two sister vessels, the Robert Allan Ltd. designed – RiverWijs Emma and RiverWijs Rowan. The christening was

COPENHAGEN -(Dow Jones)- Danish oil and shipping company A.P. Moller-Maersk A/S‘s (MAERSK-B.KO) container shipping arm Maersk Line won global market

A pair of Teekay spinoffs, Teekay Offshore (NYSE:TOO) and Teekay LNG (NYSE:TGP) both declared increased cash distributions today of $0.5125 per unit  and

Helix ESG’s reeled pipelay vessel, the Express, recently undertook its deepest work ever during a project in the Gulf of Mexico. Working in the Lloyd

SINGAPORE – EMAS AMC has successfully completed the first of several riser replacements for Statoil on the Norwegian Continental Shelf. The scope of the

The US Pacific Tsunami Warning Center has lifted it’s warning for the Indian Ocean following a magnitude 8.7 earthquake struck this morning off the

ABB has won a long-term service contract from Carnival Corporation to maintain and upgrade ABB’s Azipod equipment over the next 15 years for 20 ships in

LONDON (Dow Jones)–Up to 2 million barrels of North Sea Forties crude are set to head to Asia later this month, supporting the price of the grade, which

This Ship Photo of the Day from BAE Systems’s Govan Shipyard in Glasgow shows one of two massive hull sections of the HMS Queen Elizabeth being driven

By John R. Siegel (Barrons) By 2017 the U.S. could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exporters Qatar and

By John Lyons, Wall Street Journal SAO PAULO, Brazil (Dow Jones)–U.S. President Barack Obama is set to meet with Brazil’s President Dilma Rousseff

LONDON -(Dow Jones)- Iran stopped shipping oil to Greece and may halt supplies to Royal Dutch Shell PLC (RDSB.LN, RDSA, RDSB) over unpaid bills, Iran media

We have no idea what the circumstances were at the time of this attack, or which ship this video was taken from, but it clearly shows a vessel security

At first it looked like just another drillship order. Samsung Heavy wins a $645 million order to build a DP3 drillship for ENSCO, however buried in the middle

SINGAPORE -(Dow Jones)- Sembcorp Marine Ltd. (S51.SG) Thursday said it secured a US$218.5 million contract to construct a jack-up rig for Gulf Drilling