gCaptain – Maritime and Offshore News

Ocean Rig’s ultra deepwater drillship OCEAN RIG OLYMPIA Nicosia, Cyprus – Ocean Rig UDW Inc. (NASDAQ:ORIG) a global deepwater drilling contractor,

The KPI Bridge Oil Composite declined over 3% this week as bunker prices reduced dramatically after several days of declines in the crude markets.  With US

PARIS (Dow Jones)–Total SA (TOT) Friday said it has everything ready to “kill” a leaking gas well in the North Sea. “We could carry

COPENHAGEN (Dow Jones)–The port-operating arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), APM Terminals, will invest over

(Dow Jones) Standard & Poor’s Ratings Services lowered its rating outlook on Navios Maritime Acquisition Corp. (NNA) to negative from stable,

SANTIAGO -(Dow Jones)- Chilean shipper Compania Sudamericana de Vapores SA‘s (VAPORES.SN) first-quarter loss widened to $205 million compared with a

LONDON -(Dow Jones)- The U.K.’s main offshore workers’ union has called for all helicopters operated by Bond Aviation to be grounded pending an

(Dow Jones) McDermott International Inc.’s (MDR) first-quarter profit slid 11% due to lower activity in the Asia Pacific region, though cost controls

International environmental regulations for the shipping industry are being tightened and demanding a reduction of the emissions of sulphur and nitrous oxide.

LONDON -(Dow Jones)- Commodities titan Glencore International AG(GLE.LN) Wednesday reported mixed first quarter output across commodity products and said its

In the face of extraordinary challenges faced by the global shipping industry, Norwegian maritime conglomerate, Wilh. Wilhelmsen Holding ASA (WWI.OS),

An estimated 155 American maritime industry representatives from throughout the country are gathering today in Washington, D.C. for the third-annual

HOUSTON (Dow Jones)–ConocoPhillips (COP) Chief Executive Ryan Lance said that the company stopped investing in its dry natural-gas production in North

Here’s how the Costa Concordia wreck removal will likely NOT happen, but they definitely show us some interesting insight into ship salvage. We talked

The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that a new round of enforced Pentagon budget cuts could thin the shipbuilder’s

– By Rear Adm. Thomas Rowden, Director of Surface Warfare (US Navy) This debate is both natural and healthy. All parties have a vested interest in

A tweet sent out by a fake twitter account meant to parody a Tennessee diet expert sparked fears of a possible bio-attack aboard a Carnival cruise ship over

I met up with Andre Goedee, CEO of Dockwise, at the Offshore Technology Conference in Houston last week.  Here’s what he had to say… What’s

Successful start: On her maiden voyage to Hamburg, the Hyundai Together was the first ship with a carrying capacity of 13,000 standard containers (TEU) to be

On the heels of yesterdays post about the ship breaking operations at the Gadani Ship Breaking yard in Pakistan, this video, produced by the International

Japanese shipbuilder Imabari Shipbuilding has introduced a unique solution that could help combat two of shippings biggest challenges; piracy and energy

The captain of German ferry Nils Holgersson could be facing serious charges after local coast guard officials have ruled out that any technical malfunction

High OPEC oil production, strong demand from China, and increased shipping from West Africa has added to tanker demand, however as far east refineries go into

Norway-listed Jinhui Shipping & Transportation Ltd. (JIN.OS), a ship owner, charter and investment company, Tuesday warned that it expects to record a

SINGAPORE (Dow Jones)–Cosco Corp. (Singapore) Ltd. (F83.SG) said Tuesday its first-quarter net profit fell 25% from a year earlier, mainly due to lower