News

By Adam Entous U.S. Defense Secretary Leon Panetta assured anxious Asian allies on Sunday that the U.S. will maintain its large military presence in the

Here is the list of jobs currently posted on the gCaptain job board.  If you are an employer and would like your open positions listed on this weekly post

SEOUL (Dow Jones)–South Korean shipping-to-shipbuilding conglomerate STX Group said Sunday it won’t seek large-scale merger and acquisition bids

By Aweys Cadde, Somalia Report Police from Somalia’s semi-autonomous state of Puntland have arrested 15 suspected Somali pirates as they planned to

By Tennille Tracy, Wall Street Journal BP PLC won approval from U.S. officials Friday to look for oil at new sites in the Gulf of Mexico, the firms’s

HOUSTON -(Dow Jones)- The rate at which new deep-water permits are being approved under new rules in the U.S. Gulf of Mexico is improving, said Diamond

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) said Thursday its third-quarter net profit rose 33.3% from a year earlier, beating analysts’

In a spectacular show of “I’m going to seriously ruin your world if you don’t comply,” the British Royal Marines embarked on HMS

Global Summary of Maritime Crime and Piracy, week of 13 October 2011 (source: ONI) NIGERIA: Vessel (JOAN CHOUEST) attacked by pirates on 17 October near

Diamond Offshore Drilling Inc. (DO) third-quarter earnings rose 29% as the oil driller booked stronger revenue and higher average day and utilization rates for

By Daniel Michaels, Wall Street Journal ALESUND, Norway—While many American and European manufacturers transplanted production to low-wage countries in

By Solomon Moore, Wall Street Journal NAIROBI—Kenyan helicopters launched airstrikes in neighboring Somalia on Wednesday, striking at bases of al

Contracts will soon be awarded to Canadian shipyards for an aggressive $35-billion shipbuilding project, the largest military procurement in modern Canadian

In what may be the first reported case of Somalis doing their part to prevent Somalia-based piracy operations, a speed boat carrying 7 men, AK-47s, RPGs, and

With the release of the new Apple iPhone comes features like new high definition cameras, dual-core processors and Siri, a voice-based personal assistant. Each

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) has exceeded its annual order target of $11 billion by 9%,

WELLINGTON (Dow Jones)–Maritime New Zealand is focused Monday on removing oil from a cargo vessel grounded on a reef off the east coast of New

By Eric Uhlfelder, Barron’s Cargo shippers are in the tank, thanks to slowing global economic growth and oversupplies of dry-bulk ships, which transport

My interview this morning with Caterpillar’s (NYSE:CAT) Director of Marine Product Support, Jaime Tetrault (via Skype). Jaime has worked in various

LONDON—BP PLC Thursday announced it would make its highest-ever annual investment in the U.K., despite a steep tax increase on crude production enacted