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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.


Thursday, May 10, 2012
News

Glencore: Commodities Demand “Remains Healthy Across the Globe”

LONDON -(Dow Jones)- Commodities titan Glencore International AG(GLE.LN) Wednesday reported mixed first quarter output across commodity products and said its

May 10, 2012
Total Views: 46

Wednesday, May 9, 2012
Blog

Third-Annual “Sail-In” Updates Congress on Benefits of a Strong U.S. Maritime Industry

An estimated 155 American maritime industry representatives from throughout the country are gathering today in Washington, D.C. for the third-annual

May 9, 2012
Total Views: 26

News

ConocoPhillips Looks to Grow Organically and Put Golden Pass LNG Terminal to Use, Somehow

HOUSTON (Dow Jones)–ConocoPhillips (COP) Chief Executive Ryan Lance said that the company stopped investing in its dry natural-gas production in North

May 9, 2012
Total Views: 50

Navy

Huntington Ingalls Warns Pentagon Cuts May Inflate Shipbuilding Costs

The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that a new round of enforced Pentagon budget cuts could thin the shipbuilder’s

May 9, 2012
Total Views: 80

Blog

US Navy Littoral Combat Ships – Revolutionary, Vital

– By Rear Adm. Thomas Rowden, Director of Surface Warfare (US Navy) This debate is both natural and healthy. All parties have a vested interest in

May 9, 2012
Total Views: 47

Offshore

China’s Offshore Move to Drilling Independence: CNOOC’s HYSY 981 Rig Spuds In

BEIJING (Dow Jones)–China National Offshore Oil Corp. has begun exploring deepwater oil blocks without the help of foreign partners, partly due to the

May 9, 2012
Total Views: 93

News

13,000 TEU Containership “Hyundai Together” Calls on Port of Hamburg

Successful start: On her maiden voyage to Hamburg, the Hyundai Together was the first ship with a carrying capacity of 13,000 standard containers (TEU) to be

May 9, 2012
Total Views: 331

Tuesday, May 8, 2012
The IMO and Ship Recycling [VIDEO]
Blog

The IMO and Ship Recycling [VIDEO]

On the heels of yesterdays post about the ship breaking operations at the Gadani Ship Breaking yard in Pakistan, this video, produced by the International

May 8, 2012
Total Views: 43

Press Releases

Simrad Installed On African Illegal Fishing Patrol Boats

Pete Bethune’s new amphibious vessel, christened “Sealegs”, was launched in Auckland on April 20. Equipped with a full suite of electronics

May 8, 2012
Total Views: 32

Captain of German Ferry Facing Charges After Collision

The captain of German ferry Nils Holgersson could be facing serious charges after local coast guard officials have ruled out that any technical malfunction

May 8, 2012
Total Views: 126

Tanker Market Update from Teekay: Q2 Rates Likely Lower as Refineries Go into Maintenance Period [VIDEO]
Multimedia

Tanker Market Update from Teekay: Q2 Rates Likely Lower as Refineries Go into Maintenance Period [VIDEO]

High OPEC oil production, strong demand from China, and increased shipping from West Africa has added to tanker demand, however as far east refineries go into

May 8, 2012
Total Views: 26

Finance

Jinhui Shipping Winces Under Low Freight Rates and Demand, Shares Down Over 10%

Norway-listed Jinhui Shipping & Transportation Ltd. (JIN.OS), a ship owner, charter and investment company, Tuesday warned that it expects to record a

May 8, 2012
Total Views: 33

Finance

COSCO Expects Business in 2012 to be “Difficult and Challenging”, Reports Lower Profits

SINGAPORE (Dow Jones)–Cosco Corp. (Singapore) Ltd. (F83.SG) said Tuesday its first-quarter net profit fell 25% from a year earlier, mainly due to lower

May 8, 2012
Total Views: 13

Engineering News

Sembcorp Adds Another $208 Million to the Books with Latest Jackup Rig Order

SINGAPORE (Dow Jones)–Singapore-listed Sembcorp Marine Ltd. (S51.SG) said Tuesday its unit has secured a rig building contract worth US$208 million from

May 8, 2012
Total Views: 36

News

1 Million Barrels of Forties Crude Destined for Chile, North Sea Market Tightens

LONDON (Dow Jones)–BP PLC (BP) is looking to ship almost 1 million barrels of Forties crude to Chile in May, further tightening the oversupplied North

May 8, 2012
Total Views: 19

Monday, May 7, 2012
Offshore

Swire Pacific Expanding Fleet To Tap Global Oil and Gas Exploration

HONG KONG (Dow Jones)–Swire Pacific Ltd. (SWRAY, 0019.HK) said it will spend HK$11 billion ($1.4 billion) over the next two years on building energy

May 7, 2012
Total Views: 108

Uncategorized

World’s Largest Solar Powered Ship Completes Record-Breaking Circumnavigation

On Friday the world’s largest ship running solely on the power of the sun cruised into Hercule Harbor in Monaco, officially completing the world’s

May 7, 2012
Total Views: 98

News

Bullish on Future of US LNG Exports, Asian Firms Sign $498 Million Investment Deal

HOUSTON – Cheniere Energy (NYSE Amex: LNG) announced today that Asian investment company Temasek,and private equity firm RRJ Capital, have agreed to

May 7, 2012
Total Views: 31

News

Pacific Santa Ana Comes to Town, Plans to Drill the Undrillable

SAN RAMON – Chevron Corporation (NYSE: CVX) announced that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has

May 7, 2012
Total Views: 147

News

Cardiac Valve Replaced, Maersk CEO is Full Up and Running Again, So to Speak

COPENHAGEN (Dow Jones)–Nils Smedegaard Andersen, the chief executive of Danish industrial conglomerate A.P. Moller-Maersk A/S(MAERSK-B.KO), returned to

May 7, 2012
Total Views: 36