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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.


Friday, September 14, 2012
West Africa Has a SERIOUS Piracy Problem
Interesting

West Africa Has a SERIOUS Piracy Problem

Piracy along Africa’s Atlantic coast is threatening to raise costs for the vast amount of seaborne trade that passes through the region, as the activity

September 14, 2012
Total Views: 63

MV Amsterdam Bridge Fire [INCIDENT PHOTOS]
Incidents

MV Amsterdam Bridge Fire [INCIDENT PHOTOS]

Here is a collection of photos sent in to us from the scene of the MV Amsterdam Bridge fire near Mumbai.  As gCaptain has reported, the 4,380 TEU

September 14, 2012
Total Views: 185

Petra Endeavor
Engineering News

Nam Cheong Gains $59 Million Accommodation Work Barge Order from Petra Perdana

In early September, Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel shipbuilder announced that it had won two contracts for the

September 14, 2012
Total Views: 190

khorfakkan tanker
Finance

UAE-Based Trader with Questionable History Forced to Sell Ship to Repay $58 Million Loan

FAL Oil Co., a United Arab Emirates-based energy trader that’s under U.S. financial restrictions for links to Iran, faces the forced sale of a fuel

September 14, 2012
Total Views: 120

heidrun statoil offshore floating production platform semisubmersible
Engineering News

Samsung Heavy Signs $230 Million Order for Norwegian Floating Storage Unit

Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new

September 14, 2012
Total Views: 53

aet
News

AET Plans to Build More Ships After Winning North Sea DP Contract with Statoil

Malaysian tanker owner and operator AET, announced today they have entered into a long-term contract with Norwegian energy giant Statoil ASA to operate two

September 14, 2012
Total Views: 151

Thursday, September 13, 2012
Kitakojima Minamikojima Senkaku Islands
News

Japanese Real Estate Deal Spurs Maritime Confrontation

TOKYO–Japan’s coast guard said Friday that two Chinese patrol boats have entered Japanese territorial waters around the Senkaku islands. The coast

September 13, 2012
Total Views: 28

ITF Wants Answers Surrounding Cadet’s Mysterious Death
Incidents

ITF Wants Answers Surrounding Cadet’s Mysterious Death

The International Transport Workers’ Federation (ITF) says it is calling for the Panamanian and Mexican authorities to disclose the results of an

September 13, 2012
Total Views: 143

Weekly Piracy Report – Don’t Let Your Guard Down
Piracy

Weekly Piracy Report – Don’t Let Your Guard Down

Piracy Incidents By Region: SEP 5 – 12 WEST AFRICA NIGERIA: Oil tanker fired upon while underway on 9 September at 06: 09 N – 002: 53 E,

September 13, 2012
Total Views: 18

4 Million Barrels of North Sea Forties Crude Set to Ship to S Korea in October
Uncategorized

4 Million Barrels of North Sea Forties Crude Set to Ship to S Korea in October

LONDON–Up to 4 million barrels of North Sea Forties crude oil, the main component of global pricing benchmark Brent, are set to leave the region for

September 13, 2012
Total Views: 42

Offshore

Teekay Offshore’s Public Offering is Priced to Sell

Teekay Offshore Partners LP‘s (TOO) sale of roughly 7.4 million of its common units, representing limited-partner interests, priced at a 3.9% discount to

September 13, 2012
Total Views: 18

Two Smit Lamnalco tugs working off Oman. Image: Smit Lamnalco
Ports

Smit Lamnalco Lands Major SPM O&M Contract in Iraq

AMSTERDAM–Dutch dredging and maritime services provider Royal Boskalis Westminster N.V. (BOKA.AE) said Thursday that its Smit Lamnalco associate has been

September 13, 2012
Total Views: 137

JHSV 1 Sea Trials
Defense

US Navy to Christen Austal-Built JHSV 2 Choctaw County

On Saturday, the US Navy will christen the Joint High Speed Vessel (JHSV) Choctaw County, named for three U.S. counties, located in Mississippi, Alabama and

September 13, 2012
Total Views: 117

drillship hyundai heavy
News

Hyundai Heavy Wins $620 Million Drillship Order from Rowan

South Korea’s Hyundai Heavy Industries announced today it had secured a USD $620 million order to build a drillship for Houston-based drilling contractor

September 13, 2012
Total Views: 137

wilbur ross wl ross
Finance

Private Equity Investors View the Depressed Shipping Market with Serious Interest

Wilbur Ross, whose company manages about $10 billion of assets, said private-equity investors are increasingly interested in shipping after a four-year rout

September 13, 2012
Total Views: 61

Wednesday, September 12, 2012
Amsterdam Bridge Fire Extinguished
Incidents

Amsterdam Bridge Fire Extinguished

The fire on board the containership MV Amsterdam Bridge that broke out earlier this week has been extinguished, the vessels owner said in a statement today.

September 12, 2012
Total Views: 152

Crowley’s New Workhorse: The 150 Ton Bollard-Pull, Ocean Wave

Crowley’s New Workhorse: The 150 Ton Bollard-Pull, Ocean Wave

Crowley Maritime Corp. said Wednesday that it has taken delivery of the tug, Ocean Wave, the first of four high-bollard-pull Ocean Class tugboats under

September 12, 2012
Total Views: 735

Transocean CEO: Brazil Injunction is Unwarranted and Flawed
Offshore

Transocean CEO: Brazil Injunction is Unwarranted and Flawed

HOUSTON–A Brazilian appeals court has denied a request by the national oil regulator to suspend an injunction barring Transocean Ltd. (RIG) and Chevron

September 12, 2012
Total Views: 33

Piracy’s Private Security Boom Needs Regulation, Think Tank Says
Interesting

Piracy’s Private Security Boom Needs Regulation, Think Tank Says

LONDON–The growing use of private security firms to protect ships from pirates in the Indian Ocean is throwing up new risks for ships navigating those

September 12, 2012
Total Views: 252

safesea group ocean signal marine safety
Press Releases

Ocean Signal Makes Move into Russia

PRESS RELEASE — Ocean Signal, UK manufacturer of communications and safety at sea equipment, has appointed MS Service, based in St Petersburg, as its

September 12, 2012
Total Views: 56