gCaptain – Maritime and Offshore News

SEOUL (Dow Jones)–Samsung Heavy Industries Co. (010140.SE) plans to continue its policy of fully hedging its exposure to foreign exchange risks arising

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has approved Statoil to resume drilling in the Gulf of Mexico. The approved permit

On April 9, the EUNAVFOR Finnish warship FNS Pohjanmaa obliterated a dhow used by a suspected pirate group.  18 suspected pirates have been detained. Below,

SINGAPORE (Dow Jones)–Yangzijiang Shipbuilding Holdings Ltd. (BS6.SG) Monday said it entered into six shipbuilding contracts with a total value of

Photo: An overflight of relief well operations by an Air Station New Orleans HH-65 Dolphin helicopter manned by a Coast Guard HITRON crew from Jacksonville,

Image via NATO UPDATE: According to a report from Tradewinds.no, owners of the pirated Irene SL, NS Lemos, paid a record breaking $13.5m to free the VLCC from

Hamilton, Bermuda, April 11, 2011 – Seadrill (NYSE:SDRL) has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung

ONI Special Advisory: Pirate activity observed at 1129Z on 10 April in position 1202N 04508E.  Approximately 45nm south of Aden, Yemen. This area will remain

Last year gCaptain was lucky enough to attend the inaugural Maritime Congressional Sail-In in Washington, D.C. and it was a truly unique experience.  This is

Offshore wind farming has picked up steam during the last decade, with more & more countries installing these gigantic turbines in their coastal waters.

Mariners have been using man made canals since the time of Mesopotamia. Here is a look at five famous and historic canals from around the world. Panama Canal-

The Triple-E rating obtained for ‘Stena Foreteller’ was handed over in a ceremony onboard the vessel in Gothenburg today. Stena RoRo has become the

Dependeth the might of the chain. Who knows when thou may’st be tested? So live that thou bearest the strain! Brazilian oil giant Petrobras (NYSE:PBR)

© Stéphane Saissi Cable laying vessel “Ile De Sein” selected to recover Air France flight 447 data recorder This weeks interesting ship is the

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has approved a deepwater permit for the drilling of a ninth well in the U.S. Gulf of

The U.S. Navy is giving defense contractor BAE systems US $2.8 million to demonstrate their Tactical Laser System (TLS) that can be integrated with existing

The M/V Lone, owned by shipping company S.A.L. of Germany, together with sister ship Svenja, is the most powerful Heavy Lift Ship in the world. It has two

EUNAVFOR has reported that the general cargo ship M/V Susan K was pirated early this morning approximately 200 nautical miles North-East of Salalah, Oman; a

Seadrill, through its affiliate Sea Dragon de Mexico, has settled the final agreement with Pemex for the provision of the ultra-deepwater semi-submersible

WASHINGTON—Jama Idle Ibrahim, a/k/a Jaamac Ciidle, was sentenced today to 25 years in prison for a violent act of piracy in the Gulf of Aden against a