2015 Gift Guide – Cyber Monday Stocking Stuffers

Last week we brought you our official 2015 Holiday Gift Guide  followed by our Working Sailor’s Edition Gift Guide and today my email has dozens of messages from gCaptain reader asking for more! So if you are looking for a small gift to slip inside the  stocking of your favorite mariner this Christmas than this […]

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WATCH: Aasta Hansteen Substructure Heavy Lift

The Aasta Hansteen spar is designed by Technip-USA and is currently being built by Hyundai Heavy Industries in South Korea. The facility will be the first spar installation on the Norwegian continental shelf, consisting of a vertical column moored to the seabed in water depths of 1,300 meters. First production at the Aasta Hansteen field […]

Photo: TORM

TORM Orders Four LR2 Tankers for $200 Million

Denmark-based tanker owner TORM says it has ordered four newbuild LR2 tankers from Guangzhou Shipyard International (GSI) in China for $200 million, with options to build up to six additional tankers. The four LR2 tankers are scheduled for delivery in fourth quarter of 2017 and the second quarter of 2018. The six options may be […]

Photo: Chris Jenner /

Panama Canal Backlog Back to Normal – ACP

PANAMA CITY, Nov 30 (Reuters) – Waiting times for ships at the Panama Canal have returned to normal after poor weather and a spike in traffic caused delays for several weeks, the waterway’s operator said on Monday. “Today … the line is 45 ships, which represents a maximum waiting time of two days,” the Panama […]

Oleg Naydenov smolders after being towed out to sea near the Canary Islands. Photo: Salvamento Maritimo

Debunkering of Sunken Trawler Oleg Naydenov Complete Off Canary Islands

Spain’s sea search and rescue organization, Salvamento Marítimo, says the debunkering of the Russian trawler Oleg Naydenov that sunk in April has been completed and all leaks sealed. The ship, which sank after an onboard fire about 15 miles off of Punta Maspalomas in the Canary Islands on April 14, is reported to have held […]

MV Anangel Explorer. Photo:

Iron Ore Breaches $40 in Singapore as Rising Supply to Feed Glut

By Jasmine Ng (Bloomberg) — Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic slowdown in China will cut demand as supplies from the largest miners climb. The SGX AsiaClear contract for January fell 2.6 percent to $39.74 a ton at 2:38 p.m. […]