gCaptain – Maritime and Offshore News

STX OSV Holdings Ltd. (MS7.SG) said Friday it secured contracts worth about NOK500 million ($83.5 million) to build two platform supply vessels for Island

ABB announced Thursday that it has recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and

Smit Lamnalco said Thursday that it has secured a 10-year marine support and towage contract covering ExxonMobil-led LNG export terminal operations in Papua

Keppel Offshore & Marine’s yards have secured two contracts worth a total of about US$70 million for work in the company’s U.S. and Azerbaijan

As gCaptain report yesterday, Shell’s Kulluk and Noble Discoverer rigs set sail for the Arctic on Wednesday from Vigor Industrial’s Seattle

Nothing defines shipping’s core competence better than “risk”. It’s shipping’s gift to the rest of the business world. By Ryan

Dr. Martin Stopford of Clarkson Research Services, economist and author of the renowned textbook Maritime Economics, compares shipping to a game of 3D poker.

DNV released this video the other day showing the technical details of how exactly an LNG-powered ship such as Eidesvik’s Viking Energy is refueled.

NEW YORK–Even energy titan Exxon Mobil Corp. (XOM) is showing signs of strain from low natural gas prices. On Wednesday Exxon Chief Executive Rex

**UPDATE** The latest word is that after exhaustive searching and x-rays of the containers on board, no stowaways were found by port authorities today in

Following a successful “Day of The Seafarer” celebration held worldwide, the United Kingdom is continuing it’s honoring of seafarers with an

In the span of less than a week, a second vessel overloaded with refugees has capsized and sunk in the waters northwest of Australia, 107 miles north of

The Cruise Lines International Association (CLIA) and the European Cruise Council (ECC), acting on behalf of the global cruise industry, announced Tuesday that

“Industry experts estimate that the liner operators overall had to accept a loss of some 5-6 billion US dollars in 2011 after profits of around 14

The International Maritime Oranization yesterday asked us to celebrate the Day of The Seafarer by honoring the theme, “it came by sea, I can’t live

On Friday, 22 June 2012, Mr. Joseph Rella – Austal USA President and Chief Operating Officer resigned and the Board of Directors accepted his

Ensco plc (NYSE: ESV) said Monday it has exercised one of it’s two options for a DP3 ultra-deepwater drillship, citing rising customer demand and

– by Flagship Management During the course of our daily business activities we are exposed to salary and compensation data from both the employer and

(Dow Jones) Norwegian oil giant Statoil ASA (STO.OS) Tuesday said it was closing another four oil platforms due a strike by offshore workers that started

TRONDHEIM, Norway–Norway Tuesday pushed ahead with plans to award oil and gas drilling licenses mainly in the vital Arctic area, in a bid to open up new

MILAN– Saipem announced today that they have been awarded new offshore and onshore drilling contracts worth approximately $500 million. In the Adriatic

TOKYO (Dow Jones)–A vessel carrying Japanese nationals is believed to have been seized by Russian border control authorities near a disputed island, a

A team of NOAA-supported scientists is predicting that this year’s Gulf of Mexico hypoxic zone could range from a low of approximately 1,197 square miles

RIO DE JANEIRO – Brazil’s state-owned energy giant Petroleo Brasileiro SA, or Petrobras, said Monday it will produce 2.02 million barrels of oil

In honor of 2012’s Day of The Seafarer, the International Maritime Organization has started a viral campaign asking people around the world to use social