DryShips Takes Profit from Ocean Rig, Sells 10 Million Shares
DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake in Ocean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling
DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake in Ocean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling
LONDON -(Dow Jones)- BP PLC (BP.LN) is investigating allegations of impropriety in its shipping division but still doesn’t know whether there is any
RiverWijs has recently taken delivery of two sister vessels, the Robert Allan Ltd. designed – RiverWijs Emma and RiverWijs Rowan. The christening was
COPENHAGEN -(Dow Jones)- Danish oil and shipping company A.P. Moller-Maersk A/S‘s (MAERSK-B.KO) container shipping arm Maersk Line won global market
A pair of Teekay spinoffs, Teekay Offshore (NYSE:TOO) and Teekay LNG (NYSE:TGP) both declared increased cash distributions today of $0.5125 per unit and
Rolls-Royce says it has secured a contract to supply power and propulsion systems for the two latest vessels in the U.S. Navy’s Freedom-class of Littoral
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In 2008 the U.S. Coast Guard called for the design and construction of up to 34 new generation “Sentinel Class” Fast Response Cutters (FRC) at
At last month’s Connecticut Maritime Association conference in Stamford, Connecticut, I met up with DNV Americas’ COO, Elisabeth Torstad, as well
Caterpillar Inc. (CAT) elected former presidential candidate Jon M. Huntsman Jr. as its newest director, adding a former chief executive with political and
Video message by IMO Secretary General Mr. Koji Sekimizu on the anniversary of the sinking of the Titanic, recalling the improvements to passenger ship safety
Helix ESG’s reeled pipelay vessel, the Express, recently undertook its deepest work ever during a project in the Gulf of Mexico. Working in the Lloyd
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SINGAPORE – EMAS AMC has successfully completed the first of several riser replacements for Statoil on the Norwegian Continental Shelf. The scope of the
Over 700 comments posted to the gCaptain forum by maritime professionals, explaining what caused the Costa Concordia to sink early this year… but the
I was invited down to Brownsville, Texas this week to meet with senior executives from Helix Energy Solutions Group (ESG) for an overview of their
The US Pacific Tsunami Warning Center has lifted it’s warning for the Indian Ocean following a magnitude 8.7 earthquake struck this morning off the
ABB has won a long-term service contract from Carnival Corporation to maintain and upgrade ABB’s Azipod equipment over the next 15 years for 20 ships in
LONDON (Dow Jones)–Up to 2 million barrels of North Sea Forties crude are set to head to Asia later this month, supporting the price of the grade, which
By Hal Gordon On the night of April 14-15, 1912, the R.M.S. Titanic struck an iceberg and sank with a loss of over 1500 lives. It was the greatest
The U.S. Navy said today that it is grounding its anti-piracy fleet of helicopter drones following two recent but “unrelated operational mishaps”.
‘Port out, Starboard home’ A popular theory holds that the term Posh is derived from the initials of “Port Out, Starboard Home,” the
By Klaus Luhta, KlausLuhta.com If you peruse news outlets and the internet you may notice a growing number of articles and blog posts denouncing the Jones Act,
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By Grace Jean, Office of Naval Research ARLINGTON, Va.— Navy unmanned aircraft will be able to distinguish small pirate boats from other vessels when an
Exactly 1,309 passengers from all over the world set sail from Southampton on Sunday on a 12-night cruise aboard the Fred Olsen-operated cruise ship, the MS
This Ship Photo of the Day from BAE Systems’s Govan Shipyard in Glasgow shows one of two massive hull sections of the HMS Queen Elizabeth being driven
By John R. Siegel (Barrons) By 2017 the U.S. could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exporters Qatar and
By John Lyons, Wall Street Journal SAO PAULO, Brazil (Dow Jones)–U.S. President Barack Obama is set to meet with Brazil’s President Dilma Rousseff
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