Houston-based Transocean just announced plans to scrap 4 of its rigs, specifically the Deepwater Expedition, Transocean Legend, Transocean Rather and GSF Arctic III. Until very recently, all 4 had been designated as “held for sale.” The move is expected to cost the company $300 million to $325 millionRead More

Houston-based Diamond Offshore announced in a recent filing with the Securities and Exchange Commission (SEC) that it expects to lose six (6) rig contracts over the coming months. In its announcement, Diamond cited verbal notification of lease cancellations from three oil companies: Petrobras, Pemex andRead More

An oil rig owned by Shell PLC has arrived at an Alaskan harbour for inspection after being salvaged from the site where it was grounded on New Year’s Eve. Shell’s Kulluk rig ran aground on December 31st, when stormy seasRead More

There was extra reason to celebrate in the homes of some members of the maritime community this festive season, after a number of seafarers who have been held hostage by Somali pirates for more than 1000 days were released andRead More

Ireland’s Marine Casualty Investigation Board has released the results in an investigation of a fatal accident that occurred in the country in March 2012, citing incorrectly worn life jackets as the cause of the man’s death. The tragedy occurred onRead More

A man killed in a boating accident in the Tararua Range in New Zealand on Sunday has been identified as Mike Hopkins, an Oscar winning Hollywood sound editor. Hopkins, who hailed from Greytown, died when his small inflatable vessel capsizedRead More

At least 22 people have died and scores have been injured after an overloaded passenger boat sank off the coast of Guinea-Bissau on Friday. Rescue workers are continuing to search for the nine people who were on the boat atRead More

Family members of two people who were killed in a boat accident near Treasure Island in 2005 are distraught after the driver of the boat, who had been drinking at the time of the accident, was not arrested at theRead More

At least nine people have been killed after a large passenger ferry sank in the Congo River in Kinshasa on Friday, with a further 100 missing, possibly dead, say authorities. According to reports, the ferry was carrying approximately 300 passengers,Read More

A state delegate who admitted to being under the influence of alcohol when he crashed his recreational boat in August this year, injuring seven people, has been charged today. Delegate Donald H. Dwyer Jr., a Republican who oversees parts ofRead More