gCaptain

gCaptain is the top-visited maritime and offshore industry news site in the world. Since 2007, gCaptain has proven to be a highly effective platform for information sharing and a source for up-to-date and relevant news for industry professionals worldwide.


Friday, November 2, 2012
Samsung Heavy Rallies after Profits Far Exceed Estimates
Finance

Samsung Heavy Rallies after Profits Far Exceed Estimates

(Bloomberg) — Samsung Heavy Industries Co., the world’s second-largest shipyard, rallied the most in eight months in Seoul trading after

November 2, 2012
Total Views: 18

Thursday, November 1, 2012
First Day of Work: Crowley’s New Ocean Class Tug Tows Grounded Hansa Berlin to Safety in Cuba

First Day of Work: Crowley’s New Ocean Class Tug Tows Grounded Hansa Berlin to Safety in Cuba

The first of Crowley’s four ocean class tugs, Ocean Wave, completed its first job earlier this month by removing a grounded containership from the

November 1, 2012
Total Views: 65

Crews Contain New Jersey Oil Spill Caused by Sandy’s Surge
USCG

Crews Contain New Jersey Oil Spill Caused by Sandy’s Surge

(Bloomberg) — Workers contained a spill of diesel fuel caused by superstorm Sandy, blocking it from flowing into a waterway that separates New Jersey and

November 1, 2012
Total Views: 55

Iran Playing a Complex Game of Flag State Cat-and-Mouse

Iran Playing a Complex Game of Flag State Cat-and-Mouse

LONDON–Iran is playing a complex game of cat-and-mouse as it tries to assist its ally Syria while avoiding tighter international sanctions on its oil

November 1, 2012
Total Views: 68

maersk misumi
News

While Product Tankers Idle Off New York, European Demand Lifts Rates by 18 Percent

(Bloomberg) — Rates for tankers hauling refined fuels jumped to more than a six-month high as superstorm Sandy disrupted shipping schedules, according to

November 1, 2012
Total Views: 16

Wednesday, October 31, 2012
NOAA Ship Ferdinand R. Hassler
Marine Weather

No Break For NOAA In The Wake Of Hurricane Sandy

National Oceanic and Atmospheric Administration (NOAA) meteorologist may finally be able to catch up on sleep as Sandy begins to disappear but the work of

October 31, 2012
Total Views: 69

Hyundai Heavy Ship Construction
Shipbuilding

Ship Prices Fall to Eight-Year Low as Hyundai Heavy Competes for Orders

(Bloomberg) — Prices for new ships have fallen to an eight-year low as shipyards sacrifice margins to win orders. Hyundai Heavy Industries Co., the

October 31, 2012
Total Views: 343

Tanker Grounds as Cyclone Slams India’s Coast; 1 dead and 5 missing
Grounding Incidents

Tanker Grounds as Cyclone Slams India’s Coast; 1 dead and 5 missing

Hurricane Sandy isn’t the only storm causing problems for mariners this week. In India, a powerful cyclone that has been brewing in the northern Indian

October 31, 2012
Total Views: 27

Piracy Remains a Persistent Threat, With Real Victims – CMF
Piracy

Piracy Remains a Persistent Threat, With Real Victims – CMF

By Combined Maritime Forces (CMF) The Indian Ocean, and Gulfs of Aden and Oman have long been an ample hunting ground for the pirates who wish to ply their

October 31, 2012
Total Views: 71

Two Killed in Explosion at South Korean Shipyard
Ship Fires

Two Killed in Explosion at South Korean Shipyard

An explosion at a South Korean shipyard has killed two workers and injured nine others, Yonhap News Agency has confirmed with Police. The explosion occurred at

October 31, 2012
Total Views: 40

Search Continues for Missing Bounty Captain
News

Search Continues for Missing Bounty Captain

PORTSMOUTH, Va. — The Coast Guard continues its search Wednesday for the missing captain of the HMS Bounty approximately 145 miles southeast of

October 31, 2012
Total Views: 30

Compania Sud Americana de Vapores SA csav
Finance

CSAV Earns First Quarterly Profit Since 2010

Chilean shipper Compania Sud Americana de Vapores SA (VAPORES.SN) posted a quarterly profit for the first time in two years. The company reported a net

October 31, 2012
Total Views: 48

cscl jupiter containership
News

China Shipping Container Lines Squeaks Out a Respectable Profit While Competitors Eat Losses

(Bloomberg) — China Shipping Container Lines Co., the nation’s second cargo-box carrier, rose the most in more than four months in Hong Kong

October 31, 2012
Total Views: 112

baltic dry index
Finance

Tokyo-Based Shipping Companies Hit Hard, MOL Predicts Loss of 24 Billion Yen

(Bloomberg) — Nippon Yusen K.K., Japan’s biggest shipping line, lowered its annual profit forecast and Mitsui O.S.K. Lines Ltd. predicted a loss as

October 31, 2012
Total Views: 46

Tuesday, October 30, 2012
Tall Ships America Issues Statement on HMS Bounty Tragedy
News

Tall Ships America Issues Statement on HMS Bounty Tragedy

The non-profit maritime heritage organization Tall Ships America, of which the HMS Bounty was a member, released a statement on Tuesday expressing its

October 30, 2012
Total Views: 62

Seventh Shipbreaker Dies From Injuries Sustained in Alang Explosion
Engineering News

Seventh Shipbreaker Dies From Injuries Sustained in Alang Explosion

A seventh shipbreaker has died as the result of an explosion on board a beached tanker at an Alang shipbreaking yard earlier this month. gCaptain reported on

October 30, 2012
Total Views: 29

Canada’s Fednav Orders New Icebreaker
Shipbuilding

Canada’s Fednav Orders New Icebreaker

Fednav, the world’s largest operator of ice-classed vessels and Canada’s leading deep-sea bulk transporter, announced Tuesday that it has placed an

October 30, 2012
Total Views: 101

captain keith schultz
News

A Day in the Life of Keith Schultz, Captain of Helix ESG’s Q4000 Well Intervention Rig

Captain Keith Schultz wakes up every morning on board the Q4000 with a long day ahead of him. Much more than just sailing the vessel safely throughout the

October 30, 2012
Total Views: 217

Russian Freighter Carrying Gold Ore Goes Missing in Storm

Russian Freighter Carrying Gold Ore Goes Missing in Storm

A Russian cargo ship with a nine-man crew and carrying 700 tons of gold ore has gone missing off of Russia’s Pacific coast. The Russian-flagged vessel,

October 30, 2012
Total Views: 76

UPDATED: US Coast Guard Helicopter Crews Save 14 of Bounty’s Crew [RESCUE VIDEO/INTERVIEW]
Incidents

UPDATED: US Coast Guard Helicopter Crews Save 14 of Bounty’s Crew [RESCUE VIDEO/INTERVIEW]

United States Coast Guard helicopter crews rescued 14 sailors from two life rafts after the 3-masted ship Bounty foundered in the storm-tossed Atlantic Ocean

October 30, 2012
Total Views: 146