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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.


Sunday, February 26, 2012
Deepwater Horizon Civil Trial Postponed
Offshore

Deepwater Horizon Civil Trial Postponed

The civil trial over the Deepwater Horizon disaster has been postponed until March 5 to give BP PLC (BP, BP.LN) and lawyers representing those who say they

February 26, 2012
Total Views: 33

Crew Boat Runs Aground Near Houston, Injuries and Spill Reported
Uncategorized

Crew Boat Runs Aground Near Houston, Injuries and Spill Reported

A crew boat carrying a four man crew ran ground on the Sabine jetties near Houston Port Arthur, TX early Friday causing various injuries to the crew and an

February 26, 2012
Total Views: 215

exxonmobil logo
Finance

Go Big or Go Home…ExxonMobil Announces Massive Spending Plan

HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming

February 26, 2012
Total Views: 25

Saturday, February 25, 2012
noble drilling
News

SEC Charges Noble Drilling Executives with Bribery

(Dow Jones) The U.S. Securities and Exchange Commission charged three Noble Corp. (NE) executives with helping bribe Nigerian customs officials, the latest

February 25, 2012
Total Views: 120

stx offshore lng carrier sovcomflot gazprom
Engineering News

STX Offshore to Hedge 70% of Client Payments, Demand for LNG on the Rise [INTERVIEW]

SEOUL (Dow Jones)–STX Offshore & Shipbuilding Co. (067250.SE) expects the dollar to average KRW1,100 this year and will continue to hedge 70% of the

February 25, 2012
Total Views: 43

songa eclipse
News

Songa Wins $2.66 Billion Offshore Drilling Contract with Statoil

OSLO -(Dow Jones)- Norwegian offshore drilling operator Songa Offshore SE (SONG.OS) Friday said it has been awarded a rig contract from Statoil ASA (STO) worth

February 25, 2012
Total Views: 52

Friday, February 24, 2012
Maersk Kwangyang
News

Maersk Line Increases Asia-Europe Frieght Rates By $400 Per Container

COPENHAGEN (Dow Jones)–Danish oil and shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) confirmed Friday that its container shipping arm Maersk Line

February 24, 2012
Total Views: 37

elbe pilots
Incidents

Tragedy on the River Elbe – Ship Pilot Dies After Fall

Tragic news from Nick Cutmore, Secretary General of the International Maritime Pilots’ Association… We have the sad duty to inform you of the

February 24, 2012
Total Views: 185

tugboat side view drawing engineroom
Blog

Exhaust Emission Regulations and their Impact on Tugboat Design

– By Allan B. Turner, P.Eng., Mechanical Engineer With the pending introduction of EPA Tier 4 and IMO Tier III engine exhaust emission regulations

February 24, 2012
Total Views: 268

Statoil, ExxonMobil Say Natural Gas Find Off Tanzania is Significant
Offshore

Statoil, ExxonMobil Say Natural Gas Find Off Tanzania is Significant

Statoil and ExxonMobil announced today that the recent discovery of natural gas off the coast of Tanzania has proven to be a rather significant find, further

February 24, 2012
Total Views: 69

Admiral Papp Delivers 2012 State of the Coast Guard Address
USCG

Admiral Papp Delivers 2012 State of the Coast Guard Address

By CDR Glynn Smith, Coast Guard Compass Thursday, Adm. Bob Papp, 24th Commandant of the Coast Guard, delivered his second State of the Coast Guard address at

February 24, 2012
Total Views: 47

propeller design cfd
Blog

Propeller Cavitation Analysis with Computational Fluid Dynamics

by Bart Stockdill, M.A.Sc., P.Eng., Mechanical Engineer Water will boil at room temperature if the pressure is low enough. In fact, the pressure has to be

February 24, 2012
Total Views: 776

abdullah india saudi
News

India Nudges Saudi Arabia…Yo Send Us More Oil Please

NEW DELHI -(Dow Jones)- India has asked Saudi Arabia, its largest crude oil supplier, to augment daily shipments by up to 100,000 barrels each year over the

February 24, 2012
Total Views: 40

Thursday, February 23, 2012
News

Significant growth for WSS Marine Products in New Zealand

Wilhelmsen Ships Service (WSS) has reported  consistent growth and increased market awareness over the last few years for its world-leading portfolio of 

February 23, 2012
Total Views: 31

indian ocean hijacking position
Incidents

Weekly Piracy Update – Tankers Engage in Brief Gunfights with Pirates, Self Defense Measures Prove Effective

Worldwide Maritime Crime and Piracy Update – week of 16 February 2012 (source: ONI) ARABIAN SEA: Vehicle carrier M/V LEILA reportedly hijacked on 15

February 23, 2012
Total Views: 57

SEACOR Marine Aquires Liftboats from Superior Energy
Offshore

SEACOR Marine Aquires Liftboats from Superior Energy

SEACOR Marine announced today intentions to purchase 18 liftboats from Superior Energy Services.  The company said in a press statement that it will be

February 23, 2012
Total Views: 472

general maritime genmar
Finance

General Maritime and Oaktree Get Blasted by Their Creditors in Bankruptcy Court

Creditors of General Maritime Corp. (GMRRQ) are accusing the oil tanker operator and “old friend” Oaktree Capital Management LLC of contriving to

February 23, 2012
Total Views: 237

Matterhorn Spirit Teekay
Finance

Teekay’s 4th Quarter Profit Heavily Impacted by Derivatives, Falls 44%

(Dow Jones) Teekay Corp.’s (TK) fourth-quarter earnings fell 44% on the impact of derivatives and other items, though the company reported revenue

February 23, 2012
Total Views: 25

siem offshore
News

Strong Demand for Offshore Supply Vessels, Norwegian Operator Doubles Profit in 4th Quarter

(Dow Jones) Norwegian supply vessel operator Siem Offshore Inc. (SIOFF.OS) said Thursday that a relatively strong market for supply vessels in the North Sea as

February 23, 2012
Total Views: 288

marine rig sembcorp shipbuilding
Engineering News

Sembcorp Shipbuilding: “Fundamentals for the Offshore O&G Industry Remain Intact”

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd.’s (S51.SG) fourth-quarter net profit fell 4.3% mainly because of lower operating profit from rig

February 23, 2012
Total Views: 30