gCaptain – Maritime and Offshore News

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.

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

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

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

One of the world’s most prolific shipbuilders, Daewoo Shipbuilding and Marine Engineering (DSME), located in Okpo, Korea, hit their sales target for this

By Somalia Report, After sources close to pirate groups claimed over the weekend that a ransom had been paid for the MV Iceberg, pirates on board the vessel

During a severe storm at 22:00 one October in 2008,  the U.S. flagged fishing vessel Katmai lost steering in Alaska’s Bering Sea. The vessel was

By Kevin J. Walsh The World Trade Organization estimated that the United States of America imported $1,936 trillion worth of goods in 2010 (WTO, 2010), more

By Alexis Flynn, Wall Street Journal LONDON—BP PLC shares rose in early trading Tuesday after the U.K. energy giant reported solid earnings and announced