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A South Korean coast guard vessel capsized after rescuing crew members of a damaged cargo ship off the southern island of Jeju, the Associated Press has

(Bloomberg) The Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices

Game, set and match to Rosneft. The state-owned Russian oil giant  (ROSN.RS) is poised to secure 100% of TNK-BP (TNBP.RS), the oil company now jointly

7 crewmembers from a Bourbon Offshore AHTS have been kidnapped off the coast of Nigeria, the French offshore services company confirmed Wednesday. Bourbon say

by Will Watson The scourge of piracy has affected the maritime industry in many ways and one significant change; Piracy now plays a much larger role in

(Bloomberg) — A Chinese fisherman died from injuries sustained in a South Korean coast guard raid after his vessel entered South Korean waters in the

Volatility in crude oil prices in recent months has made an impact on the offshore development. To learn about the causes of this market volatility, as well as

101 years ago the steel-hulled four-masted barque Peking, one of the last windjammers ever built, was launched at Blohm & Voss shipyard in Hamburg,

An International Maritime Organization conference in Cape Town this week has adopted a new agreement on fishing vessel safety to be known as the “Cape

by EIRIK NYHUS, ABB In 2013, ships will continue to operate in turbulent waters churned by complex regulations born of historic events. Well known examples

China and Japan sat down for talks and agreed to jointly develop a natural gas field under the East China Sea, defusing a dispute between Asia’s

HOUSTON–As U.S. officials and BP PLC negotiate to resolve the company’s liability for the Deepwater Horizon spill, some local and state officials

Somali pirates have released the M/V Free Goddess that has been held hostage since being hijacked in the Arabian Sea back in February, Tradewinds News has

BUENOS AIRES–An Argentine Navy cadet training ship will remain in Ghana after a court in the West African country rejected Argentina’s appeal of an

(Bloomberg) — An oil sheen discovered last month in the Gulf of Mexico near the site of the Deepwater Horizon rig explosion matches samples from the BP

A newly proposed LNG articulated tug and barge re-gasification vessel facilitates the use of cleaner burning fuel HOUSTON – ABS, the leading provider of

LONDON–The Greek operator of a tanker hijacked over the weekend from the waters around the Ivory Coast said Tuesday that the vessel had been released and

gCaptain readers struggling with slow internet connectivity at sea will be excited by recent news from the Virginia-based company Laser Light.  The company

Iran’s oil platforms have been targeted by cyber attack by Israel and other nations but their operations have not been affected, an Iranian state oil

A Greek-operated gasoline tanker went missing along with its crew and cargo from the waters around Ivory Coast over the weekend, the vessel’s Greek