Wednesday, May 31, 2017
French President Macron Wants Review of STX Shipyard Sale to Fincantieri
News

French President Macron Wants Review of STX Shipyard Sale to Fincantieri

SAINT-NAZAIRE, France, May 31 (Reuters) – French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent deal to sell a

May 31, 2017
Total Views: 94

rickmers maritime
Interesting

Rickmers to File for Insolvency as Revamp Fails

By Jan Schwartz HAMBURG, Germany, June 1 (Reuters) – German shipping firm Rickmers filed for insolvency on Thursday, a day after its largest lender HSH

May 31, 2017
Total Views: 52

arctic ice
News

Climate `Danger Zone’ Seen If Trump Pulls Out of Paris Deal

  By Jessica Shankleman (Bloomberg) — Donald Trump wasn’t exaggerating when he said during his election campaign that the U.S. could

May 31, 2017
Total Views: 64

Marshall Islands-Flagged Oil Tanker Attacked by Pirates in Bab-el-Mandeb Strait
News

Marshall Islands-Flagged Oil Tanker Attacked by Pirates in Bab-el-Mandeb Strait

Armed pirates attacked a Marshall Islands-flagged oil tanker in the Bab-el-Mandeb Strait connecting the Red Sea and Gulf of Aden on Wednesday, the latest in a

May 31, 2017
Total Views: 313

nyk line
Shipping News

Japanese Shipping Giants Become ONE, Ready for Launch Next Spring

By Mike Wackett (The Loadstar) – The container businesses of K Line, MOL and NYK will operate under the tradename Ocean Network Express (ONE) from 1

May 31, 2017
Total Views: 121

Trouble Brews for OPEC as Expensive Deepwater Oil Turns Cheap
News

Trouble Brews for OPEC as Expensive Deepwater Oil Turns Cheap

By Serene Cheong, Sharon Cho and Dan Murtaugh (Bloomberg) — Reports of deep-sea drilling’s demise in a world of sub-$100 oil may have been

May 31, 2017
Total Views: 47

njord a offshore platform
Shipping News

Worst Offshore Slump Holds Key Lessons for Top Norway Banker

By Mikael Holter (Bloomberg) — Norway’s biggest bank is done comparing: The downturn in the country’s offshore services market has no precedent.

May 31, 2017
Total Views: 91

News

Greece Seeks to Lure U.K.-Based Shipowners, Brokers on Brexit

By Paul Tugwell and Sotiris Nikas (Bloomberg) — The Greek government wants to persuade shipowners and shipping-insurance companies based in London to

May 31, 2017
Total Views: 19

A hapag-lloyd ship at dock
Interesting

Hapag-Lloyd to Cut More Than a Thousand Jobs After Merger

FRANKFURT, May 31 (Reuters) – German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000

May 31, 2017
Total Views: 24

Kinder Morgan’s Canada Woes Deepen With Pipeline Foes on Brink of Power
News

Kinder Morgan’s Canada Woes Deepen With Pipeline Foes on Brink of Power

By Natalie Obiko Pearson (Bloomberg) — Kinder Morgan Inc.’s setbacks in Canada just got more complicated. British Columbia’s New Democratic and Green

May 31, 2017
Total Views: 39

Saudi Aramco Signs Deals to Build Persian Gulf’s Biggest Shipyard
News

Saudi Aramco Signs Deals to Build Persian Gulf’s Biggest Shipyard

By Reem Shamseddine KHOBAR, Saudi Arabia, May 31 (Reuters) – Saudi Aramco plans to build the Gulf’s largest shipyard through a joint venture with

May 31, 2017
Total Views: 92

Tuesday, May 30, 2017
Best Nautical Books Of 2016-2017
Blog

Best Nautical Books Of 2016-2017

The year’s notable nautical fiction and nonfiction books of 2016-17 as selected by gCaptain’s editors. This list represents books we

May 30, 2017
Total Views: 225

Rolls-Royce Unveils New Unified Ship Designs
News

Rolls-Royce Unveils New Unified Ship Designs

Ship designers at Rolls-Royce have unveiled what the company describes as a radical overhaul of its vessel design philosophy aiming to optimize vessel

May 30, 2017
Total Views: 57

MOL: Containership ‘Windshield’ Achieves 2% Emissions Savings
Shipping News

MOL: Containership ‘Windshield’ Achieves 2% Emissions Savings

Japanese shipping company Mitsui O.S.K. Lines says it has confirmed an average 2% reduction in overall carbon dioxide emissions in live tests of its

May 30, 2017
Total Views: 105

Baltic Dry Index Continues Downward Spiral
News

Baltic Dry Index Continues Downward Spiral

May 30 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a nearly

May 30, 2017
Total Views: 73

Shipping News

MV STELLAR DAISY Loss Casts Shadow Over Fleet of Vale Iron-Ore Carriers

By R.T. Watson (Bloomberg) — A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a

May 30, 2017
Total Views: 256

offshore oil rig Statoil
News

Norway Bolsters Oil-Industry Defenses Against Foreign Takeovers

By Mikael Holter (Bloomberg) — Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially

May 30, 2017
Total Views: 61

MSC Container Ship Port Of Miami Angled
News

MSC Signs 35-Year Deal to Run Terminal at Ivory Coast’s Second Port

ABIDJAN, May 30 (Reuters) – Mediterranean Shipping Company (MSC) has signed a 35-year concession agreement with Ivory Coast’s second port of San

May 30, 2017
Total Views: 74

A hapag-lloyd ship at dock
News

Hapag-Lloyd Shareholders Approve Capital Increase to Fund Merger

FRANKFURT, May 29 (Reuters) – Shareholders of German shipping group Hapag-Lloyd on Monday approved a $400 million rights issue to fund a planned merger

May 30, 2017
Total Views: 22

Monday, May 29, 2017
Tug Crosby Commander Sinks in Gulf of Mexico; One Missing, Three Rescued
Interesting

Tug Crosby Commander Sinks in Gulf of Mexico; One Missing, Three Rescued

Update Tuesday, 0950 CDT, 31 May 2017: We just got off the phone with U.S. Coast Guard Eighth District office in New Orleans and we were told there are

May 29, 2017
Total Views: 386