Wednesday, August 8, 2012
MARAD Revisits The Use of Double Hull Tankers?
Interesting

MARAD Revisits The Use of Double Hull Tankers?

In a surprising listing on the U.S. Federal Business Opportunities website, the United States Maritime Administration has indicated that it is commissioning a

August 8, 2012
Total Views: 29

Vladimir Tikhonov Sovcomflot suezmax northern sea route tanker
Defense

On Thin Ice: U.S. Capability Lacking in the Race for the Arctic

By Ensign Joseph P. Walter, US Navy For years now there has been talk about how the Arctic is heating up—both in the physical sense and in terms of

August 8, 2012
Total Views: 133

Navy

Huntington Ingalls 2nd Quarter Profit Up 25% As Margins Improve

Huntington Ingalls Industries Inc.’s (HII) second-quarter earnings rose 25% as the military shipbuilder reported stronger revenue and margins. The

August 8, 2012
Total Views: 20

Indian Insurance Coverage “Not Adequate” For Iranian Shipments

Indian Insurance Coverage “Not Adequate” For Iranian Shipments

MUMBAI–Two of India’s largest shipping companies which carry crude from Iran haven’t yet been able to find suitable insurance cover, a

August 8, 2012
Total Views: 21

wilh. wilhelmsen mark V ro-ro
Finance

Bucking the Trend, Wilh. Wilhelmsen Reports Record High Profits

In their second quarter earnings report, Wilh. Wilhelmsen ASA (WWASA) reports further growth led to record high total income and operating profit. “We

August 8, 2012
Total Views: 68

panama canal aerial locks shipping containerships
News

Stickin’ it to the Shippers, Panama Canal Approves Toll Increase

PANAMA CITY, Panama – Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government

August 8, 2012
Total Views: 27

Who’s Gonna Catch the COK?! [NSFW]
Blog

Who’s Gonna Catch the COK?! [NSFW]

Unofficial Olympic Sailing commentary by an Irishman who clearly knows nothing about the

August 8, 2012
Total Views: 67

US Government Launches Gulf of Mexico Blowout Response Drill [IMAGES]
Offshore

US Government Launches Gulf of Mexico Blowout Response Drill [IMAGES]

The Marine Well Containment Company (MWCC), Royal Dutch Shell, and the United States’ Bureau of Safety and Environmental Enforcement (BSEE) announced

August 8, 2012
Total Views: 95

ocean rig poseidon tanzania offshore drilling drillship deepwater
Engineering News

Singapore-Based Shipbuilders Win Over $8 Billion in Drillship Orders from the Brazilians

Singapore-based Sembcorp Marine announced today that they have secured contracts worth approximately USD $4 Billion from Sete Brasil ParticipacÇ’es S.A.

August 8, 2012
Total Views: 124

NOL Receives Six 10,000 TEU Containerships, Posts First Quarterly Profit Since 2010
Finance

NOL Receives Six 10,000 TEU Containerships, Posts First Quarterly Profit Since 2010

(Bloomberg) — Neptune Orient Lines Ltd. said its container-shipping arm, Asia’s third-biggest, had the first quarterly profit since 2010 because of

August 8, 2012
Total Views: 94

tidewater guidery tide ahts
News

The Numbers are all Positive at Tidewater

Tidewater Inc.’s (TDW) fiscal first-quarter earnings rose 34% on higher vessel revenue in its Sub-Saharan Africa/Europe regions, though American vessel

August 8, 2012
Total Views: 33

Tuesday, August 7, 2012
Cuba’s Offshore Drilling Goes 0 for 2
Offshore

Cuba’s Offshore Drilling Goes 0 for 2

Cuba’s contested offshore exploratory drilling program has come up short yet again with Cuba’s state-owned oil company announcing that the second

August 7, 2012
Total Views: 29

Lawsuits Mount Over Failed Rescue

Lawsuits Mount Over Failed Rescue

Lawsuits have piled up this week against Princess Cruises alleging the cruise line was negligent when one of its luxury ships failed to assist a group of

August 7, 2012
Total Views: 59

british merchant LNG bp
News

BP Looks to Solidify LNG Supply Train to India

LONDON–BP PLC (BP) is exploring options for importing liquefied natural gas to India through its joint venture with Reliance Industries Ltd.

August 7, 2012
Total Views: 35

Tugboat Porn
Interesting

Tugboat Porn

We’ve had a few requests for more tugboat coverage on gCaptain, so here ya go… This video shows the Ocean Wave on builders trials.  She is the

August 7, 2012
Total Views: 146

$400 Million Lawsuit Filed Against Carnival Corp for “Serious Negligence”
News

$400 Million Lawsuit Filed Against Carnival Corp for “Serious Negligence”

(Dow Jones) Ronai and Ronai LLP, a U.S.-based law firm, filed a $400 million compensation claim demanding payment from the operators of Italian cruise liner

August 7, 2012
Total Views: 23

prosafe Safe Esbjerg accommodation rig
News

Prosafe Sells Hotel on Stilts for $55 Million

Norway-based accommodation rig operator Prosafe, announced today that they will be selling their jack-up hotel, the Safe Esbjerg, to a buyer in South East

August 7, 2012
Total Views: 78

Cheap Iron Ore Is Helping to Curb Losses of Deep Sea Shippers
News

Cheap Iron Ore Is Helping to Curb Losses of Deep Sea Shippers

(Bloomberg) — The cheapest iron ore in 31 months and the lowest shipping costs on record are poised to increase the number of cargoes going to China,

August 7, 2012
Total Views: 19

astra centaurus
Engineering News

Daewoo’s New Shandong Shipyard Delivers First Ship, a Supramax for Rethymnis & Kulukundis

Principals of Rethymnis & Kulukundis Ltd., the UK-based shipbrokers and agents, have taken delivery of the first vessel built at Daewoo Shipbuilding and

August 7, 2012
Total Views: 150

Monday, August 6, 2012
No Slowdown in Sight for Deepwater Rigs, Keppel Signs $4.1 Billion Order
News

No Slowdown in Sight for Deepwater Rigs, Keppel Signs $4.1 Billion Order

SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said it has firmed up contracts to build five additional semisubmersible drilling rigs for Sete Brasil

August 6, 2012
Total Views: 34