Reuters

Reuters is a global news organization providing reporting on business, geopolitics, energy, trade, regulation, and financial markets. gCaptain publishes select Reuters coverage under a syndication license for maritime and offshore audiences. Reuters stories on gCaptain are clearly labeled and may be edited for house style, formatting, and headline clarity without changing the underlying reporting.


Tuesday, July 15, 2014
Hai yang Shi you 981
News

China’s Deepwater Drilling Rig Finds Oil Off Vietnam

By John Ruwitch and Nguyen Phuong Linh SHANGHAI/HANOI, July 16 (Reuters) – A Chinese oil rig has finished drilling near the disputed Paracel islands in

July 15, 2014
Total Views: 131

Watch Out, That Freighter May Actually Be a Warship -Column
Shipping News

Watch Out, That Freighter May Actually Be a Warship -Column

U.S. military operations now increasingly begin and end at sea - aboard a growing fleet of vessels that the Pentagon has specifically outfitted as floating

July 15, 2014
Total Views: 138

Kenya Makes Record Heroin Haul from Ship in Mombasa
Press Releases

Kenya Makes Record Heroin Haul from Ship in Mombasa

Kenyan police on Tuesday seized 341.7 kg of heroin hidden in the diesel tank of a ship, the biggest ever single seizure of drugs at the Indian Ocean port of

July 15, 2014
Total Views: 100

dp world
Finance

Dubai’s DP World Signs $3 Billion Loan Deal

DP World, one of the world's largest port operators, has signed a $3 billion loan deal, becoming the latest Dubai entity to take advantage of buoyant funding

July 15, 2014
Total Views: 98

Monday, July 14, 2014
mt seeb vlcc nitc
News

NITC Still Faces Sanctions After EU Blacklisting Annulled

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions,

July 14, 2014
Total Views: 63

Costa Concordia Refloated: Initial Stages of Refloating Phase Prove Successful
Accidents

Costa Concordia Refloated: Initial Stages of Refloating Phase Prove Successful

By Eleanor Biles GIGLIO, Italy, July 14 (Reuters) – The wreck of the luxury liner Costa Concordia was re-floated on Monday and will soon be towed away

July 14, 2014
Total Views: 107

Sunday, July 13, 2014
Philanthropist Couple Setting Up Private Migrant Rescue Service in Mediterranean
News

Philanthropist Couple Setting Up Private Migrant Rescue Service in Mediterranean

A philanthropist couple has spent millions of euros to buy a ship which they plan to use to rescue migrants from rickety boats in the centre of the

July 13, 2014
Total Views: 22

Friday, July 11, 2014
Rosneft to Conduct Oil Exploration Campaign Offshore Cuba
News

Rosneft to Conduct Oil Exploration Campaign Offshore Cuba

Russian President Vladimir Putin said on Friday he was hopeful Russian oil company Rosneft and Cuban state oil company Cupet could begin jointly exploring

July 11, 2014
Total Views: 70

Thursday, July 10, 2014
fsru excelsior excelerate
News

Egypt in Talks With Excelerate for LNG Regasification Ship

Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags, causing officials to

July 10, 2014
Total Views: 77

dnb bank logo
Finance

Shipping Loan Losses Hit Earnings at Norway’s Largest Bank

Higher-than-expected loan losses in the shipping sector ate into DNB's second-quarter earnings, sending shares in Norway's largest bank down almost 5 percent

July 10, 2014
Total Views: 54

Maersk and MSC Attempt New Sharing Agreement
News

Maersk and MSC Attempt New Sharing Agreement

The world's top two container shippers, Maersk Line and MSC Mediterranean Shipping Co, have struck a fresh vessel-sharing agreement after a previous three-way

July 10, 2014
Total Views: 62

Wednesday, July 9, 2014
French Government to End Corsica Ferry Blockades ‘Within Hours’ -Prime Minister
News

French Government to End Corsica Ferry Blockades ‘Within Hours’ -Prime Minister

French Prime Minister Manuel Valls said on Wednesday he would take steps "within hours" to end blockades of ports in Marseille and Corsica by workers of the

July 9, 2014
Total Views: 39

EU Opens Investigation Into Tax Exemptions for Dutch Ports
Ports

EU Opens Investigation Into Tax Exemptions for Dutch Ports

The European Union's competition watchdog on Wednesday opened an investigation into tax exemptions granted to ports in the Netherlands and warned France and

July 9, 2014
Total Views: 34

seadrill logo
Finance

Seadrill Cancels $1 Billion Debt Issue After Shares Fall Precipitously

Oslo-listed Seadrill scrapped plans for a billion-dollar convertible bond issue after a fall in its share price and said its liquidity remained

July 9, 2014
Total Views: 24

Singapore strait ships
News

Petro-Pirates Plague Busy Southeast Asia Shipping Lanes

In the dead of night, as his fuel tanker sailed through the narrowest section of one of the world's busiest waterways, Captain Thiwa Saman was wrenched from

July 9, 2014
Total Views: 38

Tuesday, July 8, 2014
grain elevators
News

Grain Exporters to Feel More Price Pain as Shipping Rates Set to Rise

An improved outlook for global bulk shipping rates spells bad news for grain exporters as they go into the latest sales campaign, with increased freight costs

July 8, 2014
Total Views: 21

nicaragua canal
Interesting

Nicaragua Approves $40 Billion Canal Route

A Nicaraguan committee approved a proposed route on Monday for a $40 billion shipping channel across the Central American country that would compete with the

July 8, 2014
Total Views: 176

south korean ferry sewol sinking
News

South Korean Children Were Steps Away From Survival

Many of the 250 children who drowned when a South Korean ferry sank in April would have survived if the crew had issued a simple order to evacuate to emergency

July 8, 2014
Total Views: 174

Monday, July 7, 2014
molecule methanol chemistry
Engineering News

Is the Volatile Fuel Used in Racing Cars a New Power Source for Ships?

By Keith Wallis SINGAPORE, July 7 (Reuters) – Methanol, a fuel used to power light aircraft and racing cars, is being tried out as alternative for ships,

July 7, 2014
Total Views: 58

Brasa shipyard FPSO Cidade de Ilhabela
News

Petrobras Says End of SBM Contracts Could Cut Profit by $15 Billion

Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with

July 7, 2014
Total Views: 19