Offshore and LNG Fundamentals Look Strong, Teekay Spinoffs Raise Dividends
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
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
Weekly Incidents by Region – APR 5-11 INDIAN OCEAN-EAST AFRICA GULF OF OMAN: General Cargo Vessel was attacked and boarded on 6 April 16 nm southwest of
At last month’s Connecticut Maritime Association conference in Stamford, Connecticut, I met up with DNV Americas’ COO, Elisabeth Torstad, as well
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
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
Cal Dive International is officially entering the offshore wind market, announcing today that the joint venture formed with Flatiron Construction Corp. and
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
The U.S. Navy said today that it is grounding its anti-piracy fleet of helicopter drones following two recent but “unrelated operational mishaps”.
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,
Iran’s Navy has once again flexed its muscles in the fight against piracy, reportedly freeing a Chinese cargo ship and its 28 crew hijacked last week in
We have no idea what the circumstances were at the time of this attack, or which ship this video was taken from, but it clearly shows a vessel security
A Navy jet has crashed into a Virginia Beach apartment complex this morning. The two-member crew were reported to have ejected and at least one has been
After surviving one the most devastating earthquake and tsunami ever recorded and a full year unmanned and adrift on the world’s largest ocean, the
At first it looked like just another drillship order. Samsung Heavy wins a $645 million order to build a DP3 drillship for ENSCO, however buried in the middle
Abu Dhabi’s Volvo Ocean Race entry, Azzam, is in the Chilean port of Puerto Montt today preparing their 70-foot yacht for a departure to ItajaÃ,
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up