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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.


Tuesday, October 30, 2012
Sandy Tuesday Morning Update
News

Sandy Tuesday Morning Update

(Bloomberg) — Sandy, the Atlantic Ocean superstorm, slammed into New Jersey yesterday, plunging millions into darkness, blacking out much of Manhattan

October 30, 2012
Total Views: 27

china cosco
Finance

China COSCO Reports $243 Million Quarterly Loss, Still it’s Better than Last Year

SHANGHAI–China Cosco Holdings Co. (1919.HK), the country’s largest shipping company by fleet size, said Tuesday its third-quarter net loss narrowed

October 30, 2012
Total Views: 81

uscg cutter gallatin
Incidents

US Coast Guard Continues Search for the Captain of the Bounty, Search Area Expands Exponentially

The United States Coast Guard continues its search today for Captain Robin Walbridge, the missing captain of the HMS Bounty, a 180-foot sailboat which sank

October 30, 2012
Total Views: 277

hsh nordbank
Finance

Owners of Shipping Lender HSH Nordbank Willing to Replenish Guarantees

(Bloomberg) — HSH Nordbank AG’s main owners, the German federal states of Hamburg and Schleswig-Holstein, are willing to replenish the

October 30, 2012
Total Views: 37

shutterstock refinery refineries petrochemical plant
News

Oil Reserves Build as US East Coast Refineries Halt Production

(Bloomberg) — Oil fell for a second day in New York and headed for the biggest monthly decline since May after refiners reduced operations on the U.S.

October 30, 2012
Total Views: 41

Monday, October 29, 2012
Hurricane Sandy – Monday Evening Update
Marine Weather

Hurricane Sandy – Monday Evening Update

(Bloomberg) As midnight approaches America’s east coast Hurricane Sandy continues to lash the shoreline with wind, rain and snow. The system came

October 29, 2012
Total Views: 39

kanaris capesize bulker safe bulkers
News

DNB Predicts Capesize Rates to Double in 2013

(Bloomberg) — Rates to ship dry-bulk raw materials by sea are recovering after a four-year slump as Chinese demand for iron ore surged to the highest

October 29, 2012
Total Views: 103

tugboats us coast guard new york hurricane sandy
Multimedia

New York Harbor Tugboats Power Through Hurricane Sandy

NEW YORK – Tug vessels steam into New York Harbor through heavy wind and rough waters as Hurricane Sandy approaches New York Harbor, Monday, Oct. 29,

October 29, 2012
Total Views: 97

“Sandy” Surpasses 1991 “Perfect Storm” – Wave Height Analysis
Uncategorized

“Sandy” Surpasses 1991 “Perfect Storm” – Wave Height Analysis

With the center of Hurricane Sandy approaching the East Coast, many are reminded of the October 1991 storm that would eventually become known as “The

October 29, 2012
Total Views: 1622

Marine Weather

A Look At AdvanFort’s Hurricane Preparations

As Hurricane Sandy moves ashore on the Eastern Seaboard of the United States, the storm’s effects are being felt by more than just the ports that have

October 29, 2012
Total Views: 33

USCG Sailboat storm rescue at sea
Marine Weather

Hurricane Sandy Monday Morning Update

Update: Radar suggest that the center may be moving faster than forecast and will make landfall near Atlantic City sooner than forecast perhaps by late this

October 29, 2012
Total Views: 39

Maersk Line – How Do Ships Ride Out Storms Like Hurricane Sandy? [INTERVIEW]
Marine Weather

Maersk Line – How Do Ships Ride Out Storms Like Hurricane Sandy? [INTERVIEW]

[vimeo]http://vimeo.com/52383530[/vimeo] Steffen Conradsen, Head of Global Execution at Maersk Line, the world’s largest containership owner, gives us

October 29, 2012
Total Views: 93

offshore drilling rig derrick 6th generation
News

Offshore Drilling is Becoming Far Less Profitable for Petrobras

(Bloomberg) — Petroleo Brasileiro SA, the world’s largest deep-water oil driller, is becoming less profitable as costs rise faster than sales

October 29, 2012
Total Views: 109

skandi yare
News

Petrobras Renews Contract for the Skandi Yare PSV

DOF’s subsidiary, Norskan, has agreed a contract renewal for the vessel Skandi Yare with Petrobras. The new contract will start in November and has a

October 29, 2012
Total Views: 48

Sunday, October 28, 2012
ship cargo bulk carrier port departure
News

Shipping Ore from Sierra Leone? Watch Out Says the UK P&I Club

(Bloomberg) — Iron-ore exports from Sierra Leone may be unsafe because the moisture content of the steel-making commodity is too high, creating the risk

October 28, 2012
Total Views: 76

Max-Hardberger---ship-captain
Blog

Storm Warning – Preparing Boats For A Hurricane

As Hurricane Sandy moves up America’s northeast coast, most ships are now operating under the direction of shipping company emergency response plans and

October 28, 2012
Total Views: 488

hurricane sandy track
Marine Weather

New York Harbor Could See an 11 Foot Storm Surge

(Bloomberg) — Hurricane Sandy was barreling northward along the U.S. East Coast as forecasters warned it would converge with two other systems to create

October 28, 2012
Total Views: 79

Saturday, October 27, 2012
Frankenstorm’s a Comin’
Uncategorized

Frankenstorm’s a Comin’

(Bloomberg) — The superstorm expected to develop from Hurricane Sandy is moving northward toward the U.S. Atlantic coast and may bring high winds and

October 27, 2012
Total Views: 27

Friday, October 26, 2012
Rena Owners Fined
Lifesaving Incidents

Rena Owners Fined

Daina Shipping, owner of the stricken M/V Rena containership, was fined $300,000 today in a Tauranga District Court after pleading guilty to a charge under the

October 26, 2012
Total Views: 67

BP Oil Spill Trial Postponed by Mardi Gras and Football
Offshore

BP Oil Spill Trial Postponed by Mardi Gras and Football

(Bloomberg) — The trial over liability for BP Plc’s 2010 Gulf of Mexico oil spill was postponed to Feb. 25 so the lawyers won’t lose their

October 26, 2012
Total Views: 21