gCaptain – Maritime and Offshore News

Two tugs have joined the Costa Allegra and will help tow the broken down cruise ship to the Island of Mahe, Seychelles, the cruise ship owner, Costa Crociere,

By Jan Møller Hansen Ship breaking in Bangladesh started back in 1960 when the Bay of Bengal was struck by a cyclone, which left a giant cargo ship beached

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s second-largest shipping firm by sales, expects the U.S. dollar to weaken

(Dow Jones) Rowan Cos.’s (RDC) fourth-quarter earnings fell 21% as the offshore drilling company reported lower contributions from discontinued

Transocean Ltd.’s (RIG) fourth-quarter loss widened sharply as the offshore-oil driller reported higher charges, mostly due to impairment, though revenue

Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in

Technip, in partnership with DSME, was awarded by DONG E&P and BAYERNGAS, a contract for the HEJRE project development, offshore Denmark, at a water depth

SINGAPORE, 28 February 2012 – EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a

27 February 2012 – A comprehensive regional strategy is critical if countries are to successfully combat piracy in the Gulf of Guinea, a top United

– By Rojda Akdag, Managing Director, MTS Logistics Crude oil prices have many affects on our daily life from gas that we use in our daily commute to

About 10 years ago, the ship I was assigned to was leaving San Diego when all of a sudden we heard a rather loud, and unexpected rumbling.  We were

Costa Cruises can’t catch a break. Just 6 weeks after the Costa Concordia ran aground off Italy, another one of their cruise ships, the Costa Allegra has

MUMBAI (Dow Jones)–Adani Ports & Special Economic Zone Ltd. (532921.BY) said Monday it has received an initial letter from a government-run port

LONDON (Dow Jones)–New European sanctions will limit coverage of Iranian oil ships by the Japan P&I Club, the club said Monday, as the measures start

Hamilton, Bermuda – Seadrill has in the last year seen a surge in long-term demand for tender rigs and modern ultra-deepwater drilling rigs. The

Austal said today that the U.S. Navy has exercised contract options calling for the construction of the two additional Joint High Speed Vessels (JHSVs) worth

HMS Daring (D32) is currently deployed to the Persian Gulf and the latest news is HMS Dauntless (D33) will be headed south to the Falkland Islands to relieve

Update: The Greenpeace activists, including actress Lucy Lawless, were arrested Monday. Original: Seven Greenpeace protesters, including Hollywood star Lucy

HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming

(Dow Jones) The U.S. Securities and Exchange Commission charged three Noble Corp. (NE) executives with helping bribe Nigerian customs officials, the latest

SEOUL (Dow Jones)–STX Offshore & Shipbuilding Co. (067250.SE) expects the dollar to average KRW1,100 this year and will continue to hedge 70% of the

OSLO -(Dow Jones)- Norwegian offshore drilling operator Songa Offshore SE (SONG.OS) Friday said it has been awarded a rig contract from Statoil ASA (STO) worth

COPENHAGEN (Dow Jones)–Danish oil and shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) confirmed Friday that its container shipping arm Maersk Line

Tragic news from Nick Cutmore, Secretary General of the International Maritime Pilots’ Association… We have the sad duty to inform you of the

– By Allan B. Turner, P.Eng., Mechanical Engineer With the pending introduction of EPA Tier 4 and IMO Tier III engine exhaust emission regulations