News

WASHINGTON (Dow Jones)–U.S. investigators are delaying the release of a much-anticipated report on the Deepwater Horizon oil spill, citing the need for

COVINGTON, LA  Hornbeck Offshore Services, Inc. (NYSE: HOS) and Marine Spill Response Corporation (MSRC) announced today that they have entered into a

Moving oil from the Middle East to Europe isn’t as easy as it used to be. For many European nations, sourcing oil from countries such as Saudi Arabia or

gCaptain.com’s Rob Almeida interviews Dr. Eleanor Kirtley from the Seattle-based naval architecture firm Glosten and Associates. Their discussion focuses

SINGAPORE (Dow Jones)–Keppel Corp. Ltd. (BN4.SG) Thursday reported better-than-expected growth in second-quarter net profit after profit contributions

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) second-quarter earnings jumped 19% as the company posted stronger revenue, though day rates fell and

SEOUL (Dow Jones)–Hyundai Steel Co. (004020.SE), South Korea’s second-largest steelmaker by sales, said Thursday that it expects to win orders in

BEIJING—China plans an ultradeep dive by a manned submersible beneath the Pacific that would propel it past the U.S. in a race to explore potentially

NORFOLK, Va. —Three accused Somali pirates pleaded not guilty Wednesday to charges of killing four Americans on a hijacked yacht off the coast of

Image (c) Hyundai Heavy Industries SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by orders, said

TAKING THE PULSE: Singapore rig builders are likely to report higher second-quarter net profits amid a steady rise in orders as drillers replace old fleets and

WASHINGTON (Dow Jones)–U.S. officials are pursuing a relatively narrow approach to regulating offshore drilling contractors and service providers, such

image (c) Liam Beswick This is the South Atlantic (almost) at its most unforgiving as the “Fortress of the Sea” ploughed west for the Falklands

Image (c) BP p.l.c. SINGAPORE (Dow Jones)–Asia’s crude tanker market may begin to recover due to declining availability of vessels in early

COPENHAGEN (Dow Jones)–Danish oil and gas company Maersk Oil stands to lose production of up to 5.3 million barrels of oil equivalent due to extensive

SINGAPORE -Yangzijiang Shipbuilding (Holdings) Ltd. (BS6.SG) said Tuesday it expects “not less than” 30% growth in net profit in the

Wärtsilä, the marine industry’s leading systems integrator, has been awarded the contract to supply the main engines for a series of 25 tankers

EXMAR and BW Gas have reached an agreement to swap 2 of EXMAR’s “VLGC’s” ( Very Large Gas Carrier) against the “Midsize”

(EUNAVFOR) Late on the morning of 16 July, it was reported by the owners that the MV JUBBA XX, a laden tanker, had been pirated in the northern Indian Ocean,

Norwegian seabed-to-surface engineering and construction contractor Subsea 7 S.A. (SUBC.OS) announced Monday the award of a $80 million contract from Chevron