MAERSK: Deteriorating global economy putting pressure on shipping industry
Image courtesy Maersk By Flemming Emil Hansen, Dow Jones & Co COPENHAGEN—Shipping and oil company A.P. Moller-Maersk A/S warned Wednesday that new
gCaptain is the world's most-read maritime and offshore news website, founded in 2007 by Captain John Konrad, a USCG-licensed Master Mariner who spent a decade commanding tankers and drillships worldwide. Our editorial team combines professional maritime credentials with journalism experience. Staff members include licensed deck officers, marine engineers, and reporters who have covered shipping, offshore energy, and naval affairs for major publications. gCaptain is a credentialed member of the Pentagon Press Corps, with direct access to Department of Defense briefings on naval operations and maritime security. We maintain working relationships with major shipping lines, classification societies, port authorities, and maritime regulatory bodies including the U.S. Coast Guard, International Maritime Organization, and flag state administrations. Our reporting standards prioritize primary sources: official documents, regulatory filings, court records, and on-the-record interviews with industry executives and government officials. We maintain a public corrections policy and update stories when new information emerges. Our editorial standards require verification of claims before publication. Since 2007, gCaptain has broken major stories including early coverage of the Deepwater Horizon disaster, the collapse of Hanjin Shipping, the Ever Given Suez Canal grounding, and ongoing coverage of sanctions evasion by shadow fleet tankers. Our analysis has been cited by the New York Times, BBC, NPR, and submitted as evidence in Congressional hearings. For press inquiries, contact our editorial team. For advertising and partnerships, contact our business team.
Image courtesy Maersk By Flemming Emil Hansen, Dow Jones & Co COPENHAGEN—Shipping and oil company A.P. Moller-Maersk A/S warned Wednesday that new
The Republic of the Marshall Islands (RMI) Maritime Administrator has today released the DEEPWATER HORIZON Marine Casualty Investigation Report (RMI
The Russian Investigative Committee said Monday that numerous safety violations and a poorly trained crew are to blame for the July 10 sinking of the
HOUSTON (Dow Jones)- Transocean Ltd. (RIG) Chief Executive Steven Newman said that the company’s primary motivation to bid for Norwegian rig owner Aker
Duke engineers have already shown that they can “cloak” light and sound, making objects invisible — now, they have demonstrated the
U.S. Transportation Secretary Ray LaHood has announced today $9.98 million in grants to 13 small U.S. shipyards through the U.S. Maritime Administrations Small
A civil trial to determine liability in last year’s Gulf of Mexico oil spill has been given a preliminary start date of Feb. 27, 2012, with the expected
By Katarina Gustafsson Aiming to supplement its fleet in the arctic, American drilling giant Transocean Ltd. said it plans to acquire Norwegian drilling-rig
LONDON (Dow Jones)–Chinese shipbuilder and shipping firm Dongfang Shipbuilding Co. expects its upcoming listing on London’s Alternative
MUMBAI (Dow Jones)–Indian shipbuilder and defense contractor Pipavav Shipyard Ltd. (533107.BY) Saturday said it is considering an overseas listing of
By John J. Miller Tropical Storm Emily petered out over Cuba last week, but the National Oceanic and Atmospheric Administration warns of “high hurricane
Image by Oilrigphotos LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA, RDSA.LN, RDSB, RDSB.LN) said Friday an oil spill has occurred at its Gannet Alpha
AMSTERDAM (Dow Jones)–Dutch oil and gas-services provider Fugro NV (FUR.AE) Friday warned that current economic uncertainty is causing delays in the
(Dow Jones) Huntington Ingalls Industries Inc. (HII) swung to a smaller-than-expected second-quarter profit as lower volume hurt sales. The country’s
Worldwide Summary of Piracy and Maritime Crime – Week of 4 August (Source: ONI) GULF OF ADEN: A general cargo ship (GRETA) was fired upon by one 12-meter
U.S. Coast Guard photo by Petty Officer 1st Class Sara Francis. Today, the USCG has published its notice of proposed rule making (NPRM) for the towing vessel
The age of sail may be getting a new beginning… and we couldn’t be more excited about the idea. Imagine being off Ambrose Light and witnessing a
(Dow Jones) Teekay Corp.’s (TK) second-quarter loss narrowed as the tanker-ship company posted a slimmer loss on derivative instruments than the
Citing sustained high fuel prices, downward rate pressure and overcapacity in the Transpacific trade, Matson announced today that it is discontinuing in late
Today DNV’s summer students presented the results of seven weeks of intense and targeted work with a concept for year-round drilling and exploration
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up