News

Keppel Offshore & Marine announced Tuesday two new contracts from global customers totaling US $240 million.  The contracts, made through Keppel’s

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) said Monday that its ultra-deepwater drillship Dhirubhai Deepwater KG2 has set what it believes to be a world record

SEOUL (Dow Jones)–Samsung Heavy Industries Co. (010140.SE) plans to continue its policy of fully hedging its exposure to foreign exchange risks arising

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has approved Statoil to resume drilling in the Gulf of Mexico. The approved permit

SINGAPORE (Dow Jones)–Yangzijiang Shipbuilding Holdings Ltd. (BS6.SG) Monday said it entered into six shipbuilding contracts with a total value of

Hamilton, Bermuda, April 11, 2011 – Seadrill (NYSE:SDRL) has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung

ONI Special Advisory: Pirate activity observed at 1129Z on 10 April in position 1202N 04508E.  Approximately 45nm south of Aden, Yemen. This area will remain

The Triple-E rating obtained for ‘Stena Foreteller’ was handed over in a ceremony onboard the vessel in Gothenburg today. Stena RoRo has become the

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has approved a deepwater permit for the drilling of a ninth well in the U.S. Gulf of

EUNAVFOR has reported that the general cargo ship M/V Susan K was pirated early this morning approximately 200 nautical miles North-East of Salalah, Oman; a

Seadrill, through its affiliate Sea Dragon de Mexico, has settled the final agreement with Pemex for the provision of the ultra-deepwater semi-submersible

WASHINGTON—Jama Idle Ibrahim, a/k/a Jaamac Ciidle, was sentenced today to 25 years in prison for a violent act of piracy in the Gulf of Aden against a

Pride International, Inc. said today that it has reached and agreement with Samsung Heavy Industries, Ltd. to extend Pride’s option for the construction

EDITOR’S NOTE: gCaptain was saddened by the news yesterday that a vessel carrying a reported 300 migrants from Northern Africa to Italy capsized and sank

Maritime Crime and Piracy  Summary, week of 31 March 2011 (source: Office of Naval Intelligence) INDIAN OCEAN-EAST AFRICA: ARABIAN SEA: Merchant vessel

Below is a statement issued by EUNAVFOR and NATO regarding the use of AIS while transiting high-risk areas known for piracy. Regulation V/19 of the SOLAS

Japan’s Meterological Agency reports a magnitude 7.4 earthquake struck off the coast of Japan this morning at 23:32 JST. According to estimates, the

WASHINGTON (Dow Jones)–House Republicans are targeting next month for a preliminary vote on a set of bills that would direct federal regulators to lease

During the early morning of 6 April, the EU NAVFOR Finnish warship FNS Pohjanmaa identified a suspected Pirate Action Group (PAG) consisting of a dhow and 2

Maersk Drilling has signed a contract with Samsung Heavy Industries in South Korea for the construction of two ultra deepwater drillships, the company said in