Transocean Ltd. (RIG) swung to a third-quarter loss on acquisition-related charges as a revenue shortfall hurt the offshore-oil driller’s margins.
Reaching from Chile up to the Bering Sea, then down again to New Zealand, the fault lines circling the Pacific Ocean are named The Pacific Ring of Fire and
Should Shipping Companies Lower Surcharges to Reflect Lower Threat? By Robert Young Pelton, Publisher, SomaliaReport.com This week’s hijacking of the
Who sends a ship to the waters off east Africa with a one-man, unarmed security force? Apparently the Greek owners of the Chemical Tanker Liquid Velvet
By Andrew Mwangura, Somalia Report UPDATE: Based on Somalia Report‘s information the vessel should be anchored off Bandar Murcaayo or Rasu Bina near
The world’s vast undersea energy infrastructure—oil and gas platforms, wellheads, pipelines and pumps—is now vulnerable to attack by cheap
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A container vessel was struck by an unidentified projectile in the Gulf, about 25 nautical miles south of Iran’s Kish Island, causing damage above the
Two tankers carrying liquefied natural gas from Qatar appear to have abandoned an effort to exit the Persian Gulf via the Strait of Hormuz — delaying what
Back in February, one week before American and Israeli warplanes launched a coordinated air campaign against Iran, a vessel called the Hamouna slipped out of
Saudi Arabia's crucial East-West oil pipeline, currently its only outlet for crude exports, was hit in an Iranian attack and other facilities in the kingdom
wo tankers carrying liquefied natural gas from Qatar appear to be heading toward the Strait of Hormuz, and an exit from the Persian Gulf would mark the first
WASHINGTON (Dow Jones)–The chief executives of BP Plc (BP, BP.LN), Transocean Ltd. (RIG) and Halliburton Co. (HAL) declined to testify this week before a
Transocean Ltd. (RIG, RIGN,VX) filed a motion in federal court on Tuesday morning to force BP PLC (BP, BP.LN) to indemnify it against damages related to the
WASHINGTON (Dow Jones)–U.S. officials have extended oil-drilling leases for the vast majority of companies that say their work in the Gulf of
I was walking along the seawall at the US Naval Academy last night when I saw the slightly lit shape of a huge sailboat moving silently and easily amongst
Some of you may remember a cartoon which appeared during World War I, a drawing showing an inquisitive stranger talking with the gateman at a railway crossing.
A container vessel was struck by an unidentified projectile in the Gulf, about 25 nautical miles south of Iran’s Kish Island, causing damage above the
Two tankers carrying liquefied natural gas from Qatar appear to have abandoned an effort to exit the Persian Gulf via the Strait of Hormuz — delaying what
Back in February, one week before American and Israeli warplanes launched a coordinated air campaign against Iran, a vessel called the Hamouna slipped out of
Saudi Arabia's crucial East-West oil pipeline, currently its only outlet for crude exports, was hit in an Iranian attack and other facilities in the kingdom
wo tankers carrying liquefied natural gas from Qatar appear to be heading toward the Strait of Hormuz, and an exit from the Persian Gulf would mark the first
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
By Jama Deperani, Somalia Report Police from Somalia’s semi-autonomous region of Puntland arrested 150 pirates during a two week anti-piracy operation in
A few bits of good news this week, especially from the Gulf of Mexico region. Matt Fuhrman, Recruitment Director from Swift Worldwide Resources commented for
LONDON (Dow Jones)–Ships sailing under the British flag will be able to carry armed guards for the first time to protect them from pirates attacks that
HONG KONG (Dow Jones)–China Shipping Container Lines Ltd. (2866.HK) said Friday it entered in deals worth US$754.2 million to buy eight new container
With the year’s largest boatshow underway the docks of Fort Lauderdale are packed with elegant yachts of all sizes. But docked among the sleek lines of
Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from
The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.
At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries
When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical
Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power
Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that
Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving
ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates. After years of significant growth in key
Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from
The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.
At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries
When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical
Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power
Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that
Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving
ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates. After years of significant growth in key
Mitsubishi Heavy Industries said today it has agreed to build two new-generation liquefied natural gas (LNG) carriers to be jointly owned by Osaka Gas Co.,
Lloyd’s List interviews IMO Secretary General Mr. Efthimios E. Mitropoulos, Swedish Navy Commander Frank Johnsson, BIMCO’s Torbin Skaanild, and
By Daniel Gilbert and Guy Chazan HOUSTON — The U.S. moved a step closer to becoming a major exporter of natural gas Wednesday as British energy company
ZURICH -(Dow Jones)- Power and technology group ABB Ltd. (ABBN.VX) is preparing for uncertain economic times ahead, its Chief Executive Joe Hogan said.
Could the world’s most desirable mega-yacht be an oil field workboat in disguise? This week an armada of boats lay siege on Fort Lauderdale for the
Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.
By Nathan Hodge Deficits, jobs and defense are shaping up as a single issue on Capitol Hill: In recent days, opponents of military spending cuts have issued
SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE) on Thursday reported a 30% fall in third-quarter net profit due mainly to a decline in
The mysterious 8-foot tall lego man is at it again, this time appearing on a Sarasota, Florida beach sporting a t-shirt saying “no real than you
By Richard Spilman Taking shape in the Hyundai shipyard in Ulsan, Korea is an engineering marvel. The Dockwise Vanguard, previously referred to as the
Norwegian conglomerate Kongsberg Gruppen ASA (KOG.OS) Wednesday reported a net profit of NOK381 million, up from NOK363 million, and said a strong influx of
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