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NSC, Stratton (WMSL 752)

Huntington Ingalls Awarded $487 Million Contract for 6th National Security Cutter

On May 1, 2013 By gCaptain Staff
Huntington Ingalls Industries (NYSE:HII) announced today they have been awarded a $487 million contract to build the sixth National Security Cutter (NSC) for the U.S. Coast Guard.  This new vessel [...]
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Muhammad Ghannam Nakiilat

US Gas Exports Mean More LNG Carriers for Nakilat [INTERVIEW]

On May 1, 2013 By Rob Almeida
In 2004, Qatar was expanding their production trains of liquefied natural gas and founded Nakilat, the critical transportation link in Qatar’s global LNG value chain, and now the largest owner [...]
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mozambique lng

India’s ONGC Said to Hold Top Bid for $6 Billion Mozambique Gas Stake

On May 1, 2013 By Bloomberg
April 30 (Bloomberg) — State-backed Oil & Natural Gas Corp. and Oil India Ltd. are the leading joint bidders for the stake in a Mozambique gas field being sold by [...]
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Illustration: CAT

CAT to Power Six Drillships in Brazil

On April 30, 2013 By gCaptain Staff
Caterpillar Global Petroleum announced Monday that it has been awarded the contract from Estaleiro Enseada do Paraguaçu (EEP) to provide the diesel generator sets for the main and propulsion power, [...]
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A Matson containership.

U.S. Court Dismisses Hawaii Jones Act Claims

On April 30, 2013 By gCaptain Staff
A federal court in Hawaii has dismissed a lawsuit challenging the effectiveness of the Jones Act in the island state.
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Shell rigs leave Seattle in June 2012 to start what Photo: Vigor

Shell to Name New Arctic Head – Source

On April 30, 2013 By Bloomberg
Shell to name Ann Pickard as head of its Arctic operations, moving her from the helm of the company's Australian business.
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His Excellency Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources, Kingdom of Saudi Arabia (c) Robert Almeida/gCaptain

US Energy Independence is Naive and Overly Simplistic Says Saudi Oil Minister

On April 30, 2013 By Rob Almeida
At the Center for Strategic and International Studies (CSIS) this morning, His Excellency Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources for the Kingdom of Saudi Arabia discussed his [...]
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January 2011 file photo of the Leopard.

Leopard Crew Released by Somali Pirates

On April 30, 2013 By gCaptain Staff
Somali pirates have released six crewmembers from the Danish-flagged MV Leopard after more than two years in captivity.
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Diana Shipping's M/V Norfolk, a 2002-built capesize bulk carrier. Photo: Diana Shipping

Greeks Bet Ship Rout Ending with Surge in Orders

On April 30, 2013 By Bloomberg
Greek shipping companies are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an end.
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Egyptian-Japanese Friendship Bridge suez canal ship shipping capesize bulk carrier

Egypt to Hike Suez Canal Tolls

On April 30, 2013 By Reuters
Tolls to rise 5 percent on oil tankers and petrochemical products and 2 percent for container ships and car carriers.
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shell prelude flng

Cheaper and Faster: Woodside Signs Initial Plans for Floating LNG at Browse

On April 30, 2013 By Bloomberg
(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, signed an initial accord with Royal Dutch Shell Plc to enable the use of floating liquefied natural gas technology to develop [...]
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B_shipbuilding

Baltic Trading Limited Continues to Tread Water – Q1 2013 Earnings Preview

On April 30, 2013 By Lambros Papaeconomou
New York-based Baltic Trading Limited (NYSE:BALT) is a publicly traded dry cargo company which operates a fleet of 9 dry cargo vessels, consisting of 3 handysize vessels, 4 supramaxes, and [...]
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LNG carrier Nakilat qatargas

Mozambique Could Drive the Need for 35 More LNG Carriers

On April 29, 2013 By Rob Almeida
Japanese companies sent a huge contingent to LNG 17 the other week, which makes sense considering they are, and will likely remain the world’s biggest consumers of LNG for the [...]
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47 foot MLB

Hard Core Training for Hard Work

On April 29, 2013 By Mario Vittone
When Coast Guard boat crews go out to train, they like to make things as real as possible.  That means that when rough weather rolls in, it’s time to go [...]
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