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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.


Monday, April 23, 2012
Torm Tankers
Finance

TORM Shareholders Left With Pennies, Banks Gain 92.5% After Capital Injection

COPENHAGEN (Dow Jones)–Financially strapped Danish shipping company Torm A/S (TORM.KO) said Monday a planned liquidity injection would result in its

April 23, 2012
Total Views: 44

Buzzard Galaxy III platforms nexen
Incidents

Nexen’s Buzzard Platform: Damage Unknown to Largest Producer of Forties Crude After Weekend Fire

LONDON (Dow Jones)–U.K. offshore safety inspectors are investigating reports of a fire on Nexen Inc.’s (NXY) Buzzard North Sea platform over the

April 23, 2012
Total Views: 375

Sunday, April 22, 2012
CO2 emissions grams tonne km
News

Wallenius Wilhelmsen on Track for 30% Reduction in Ship Emissions by 2015 [REPORT]

Wallenius Wilhelmsen Logistics (WWL), the global shipping and logistics company, announced today that it is on track to reduce its relative greenhouse gas

April 22, 2012
Total Views: 29

Titan Salvage and Italy’s Micoperi Win Contract to Remove Costa Concordia
Uncategorized

Titan Salvage and Italy’s Micoperi Win Contract to Remove Costa Concordia

Costa Crociere has announced that it has chosen U.S-based Titan Salvage and the Italian firm Micoperi to remove the stricken Costa Concordia from Giglio

April 22, 2012
Total Views: 256

Friday, April 20, 2012
Trace Adkins Pays Tribute to the 11 Lost on the Deepwater Horizon [VIDEO]
News

Trace Adkins Pays Tribute to the 11 Lost on the Deepwater Horizon [VIDEO]

Former offshore Rig Hand now accomplished country music singer, Trace Adkins pays tribute to the men who were lost on the Deepwater Horizon. Rest in Peace

April 20, 2012
Total Views: 523

Cruise Industry Appoints Panel to Evaluate Recommendations of Cruise Industry Operational Safety Review

Cruise Industry Appoints Panel to Evaluate Recommendations of Cruise Industry Operational Safety Review

The Cruise Lines International Association (CLIA) says it has selected a 4-member panel of maritime and safety experts to provide an impartial assessment of

April 20, 2012
Total Views: 141

The Great Crew Change: NPR Takes a Look at The Skills Gap Facing Offshore Oil Industry
Offshore

The Great Crew Change: NPR Takes a Look at The Skills Gap Facing Offshore Oil Industry

On today’s Anniversary of the 2010 Deepwater Horizon disaster, NPR has an interesting story looking at a staffing problem facing the offshore oil and gas

April 20, 2012
Total Views: 74

Concordia Looms as Royal Caribbean 1Q Net Drops 40%

Concordia Looms as Royal Caribbean 1Q Net Drops 40%

NEW YORK (Dow Jones)–Royal Caribbean Cruises Ltd. (RCL) predicted another bottom-line decline in the current quarter, after first-quarter profit fell

April 20, 2012
Total Views: 54

Italy To Pay “Donation” to Families of Indian Fisherman Killed in Enrica Lexie Incident
Piracy

Italy To Pay “Donation” to Families of Indian Fisherman Killed in Enrica Lexie Incident

NEW DELHI (Dow Jones)–Italy agreed to compensate the families of two Indian fishermen who were allegedly killed by two Italian naval officers, a move

April 20, 2012
Total Views: 44

diamond offshore pulling slips
News

Diamond Offshore Earnings Fall 26%

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) first-quarter earnings slid 26% as the contract driller was hit with higher costs. The company declared

April 20, 2012
Total Views: 114

Deepwater Horizon – We Will Never Forget
Incidents

Deepwater Horizon – We Will Never Forget

On the night of 20 April 2010, the Deepwater Horizon suffered a catastrophic blowout and subsequent fire that killed 11 hands, injured 17 more, and resulted in

April 20, 2012
Total Views: 142

Thursday, April 19, 2012
The Most Important British Vessel Sunk Off the Chinese Coast You’ve Probably Never Heard Of
Blog

The Most Important British Vessel Sunk Off the Chinese Coast You’ve Probably Never Heard Of

In recent weeks, the 100th anniversary of the sinking of the RMS Titanic in the North Atlantic and the 3D re-release of 1997’s Oscar-winning

April 19, 2012
Total Views: 35

Ingram Barge Co. Aquires United Barge Line, Expands Fleet
Uncategorized

Ingram Barge Co. Aquires United Barge Line, Expands Fleet

Ingram Barge Company has reached an agreement to acquire Florida-based U.S. United Barge Line, LLC (UBL), a wholly owned barge transportation subsidiary of

April 19, 2012
Total Views: 136

NOAA Releases New Viewer for Earth’s Ocean Floor
Uncategorized

NOAA Releases New Viewer for Earth’s Ocean Floor

NOAA this week has released a new viewing tool that allows easier access to sea floor maps and other data on the world’s coasts, continental shelves and

April 19, 2012
Total Views: 135

Chinese Captain Handed 30-Year Sentence for Korean Coast Guard Death
Uncategorized

Chinese Captain Handed 30-Year Sentence for Korean Coast Guard Death

By Alastair Gale A South Korean court handed down a 30-year prison term Thursday to a Chinese fisherman for the killing of a Korean coast guard officer late

April 19, 2012
Total Views: 40

HMS Daring USS Abraham Lincoln
Defense

SPOTD: HMS Daring Sails in Formation with USS Abraham Lincoln

On 22 March, HMS Daring joined formation with USS Abraham Lincoln (CVN-72), USNS Charles Drew (T-AKE 10), and USNS Joshua Humphreys (T-AO 188), to take part in

April 19, 2012
Total Views: 49

DSS 38 Semisubmersible
Engineering News

Keppel Doubles 1Q Profit, Big Contracts from Brazil Loom on the Horizon

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) said Thursday first-quarter net profit more than doubled from a year earlier, mainly because of accounting

April 19, 2012
Total Views: 30

OOCL Orient Overseas Container Line
News

Getting to the Black: Orient Overseas Ramps Up Freight Rates on Asia-Europe Trade

HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) plans to further raise rates for container shipments on the North Europe to Asia

April 19, 2012
Total Views: 35

Weekly Piracy Report: All Quiet on The Eastern Front… Almost
Piracy

Weekly Piracy Report: All Quiet on The Eastern Front… Almost

Weekly Incident by Region: April 12-18 WEST AFRICA TOGO: Bulk carrier experienced an attempted boarding on 4 April at 06:01 N – 001:17 E, 7 nm southeast

April 19, 2012
Total Views: 31

Wednesday, April 18, 2012
Noble 1Q Profit Soars On Higher Dayrates
Offshore

Noble 1Q Profit Soars On Higher Dayrates

Noble Corp.’s (NE) first-quarter profit more than doubled, topping Wall Street expectations as the offshore driller’s contract dayrates increased.

April 18, 2012
Total Views: 41