Chevron Awards Transocean $1.1 Billion Drillship Charter Contract
Chevron has awarded a 5-year, $1.1 billion contract to Transocean today for the charter of a new drillship that will be build over the next few years at Daewoo
Chevron has awarded a 5-year, $1.1 billion contract to Transocean today for the charter of a new drillship that will be build over the next few years at Daewoo
Euronav, the Belgium-based owner of large crude carriers believes that so-called “eco-ships” do not exist in the large tanker sector and that
By Jonathan Saul LONDON, Oct 15 (Reuters) – The new shipping route opened up through the Arctic by climate change will not be crowded any time soon.
Rather than the costly process of scrapping offshore rigs once their production days are over, operators are choosing a perhaps more environmentally-friendly
By Andrew Cawthorne CARACAS, Oct 15 (Reuters) – The Malaysian owners of a U.S.-hired oil survey ship seized last week by Venezuela in a territorial
By Bruce Vail, Working hand-in-glove, two unions of merchant seafarers in several countries are agitating for the release of the Arctic 30, a multinational
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Oct. 15 (Bloomberg) — Kuehne & Nagel International AG, the world’s biggest sea-freight forwarder, reported third-quarter profit that missed
Danish newspaper Borsen has reported today that confidential sources reveal Maersk’s plans to build up to 10 long-haul to medium range product tankers.
By Guillermo Parra-Bernal SAO PAULO, Oct 15 (Reuters) – Brazilian businessman Eike Batista ceded control of an iron ore port to Dutch energy firm
MOSCOW, Oct 14 (Reuters) – Russia denied bail on Monday to the American captain of a Greenpeace ship and two other foreign activists who are among 30
By Florence Tan DAEGU, South Korea, Oct 14 (Reuters) – Coal will surpass oil as the key fuel for the global economy by 2020 despite government efforts to
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View Larger Map Above is a satellite view of Shanghai Waigaoqiao Shipbuilding which is busy building large bulk carriers. Oct. 15 (Bloomberg) — Freight
MIAMI, Oct 14 (Reuters) – A 6-year-old Florida boy drowned over the weekend in a crowded swimming pool during a family getaway aboard a Carnival Cruise
The shipping industry is well on its way to becoming greener. However, being aware of global environmental regulations, let alone knowing how to be compliant,
Songa Offshore SE has appointed former Ocean Rig and Transocean executive Mark Bessell to the role of Chief Operating Officer. Songa Offshore CEO Bjornar
BRUSSELS, Oct 14 (Reuters) – Belgium has arrested a suspected Somali pirate leader believed to have earned millions of dollars in ransom payments over
India has detained an armed ship operated by a U.S. maritime security company and the 35 people on board for failing to produce papers authorizing it to carry
By Paul M. Barrett, Bloomberg The big movie this weekend is the well-reviewed Captain Phillips, a high-seas piracy drama based on a 2009 hijacking in which
gCaptain sources have told us that Matson (NYSE:MATX), the Hawaii-headquartered container shipping firm will be signing a very significant order for
Oct. 12 (Bloomberg) — An oil tanker exploded while undergoing repairs at an eastern China shipyard, killing seven people, injuring one, and causing oil
For those of you who have never seen Dockwise Vanguard in action, and even for those of you who have, it's difficult to comprehend how the float-on is going to
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Huntington Ingalls' Newport News Shipbuilding began flooding the dry dock today where the aircraft carrier Gerald R. Ford (CVN 78) has been under construction
Anadarko Petroleum Corp., the third- largest independent U.S. oil and natural gas producer, said it’s working for the release of a research vessel and
The ongoing U.S. government shutdown has forced the U.S. Navy to cancel the christening of the future USS Zumwalt (DDG 1000) originally scheduled for Oct.
Oil tanker firm Frontline said it would convert $25 million of its outstanding debt due in 2015 to equity, an announcement which sent its share price almost 10
Owners of the Costa Concordia have contracted the world's largest semi-submersible heavy lift ship to lift the now-upright shipwreck and carry it, not tow it,
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