News

A Swiber offshore vessel kicked off the year running aground along a stretch of beach near the port of Dos Bocas in Paraíso, Tabasco,

SEOUL, Jan 4 (Reuters) – Hyundai Heavy Industries Co Ltd said on Monday it is plans an order target of $19.5 billion in 2016, down from a target of

We saw some big stories in the maritime and offshore industries in 2015. Here at gCaptain, we set a new annual record for visitor traffic as we racked up

By Barbara Powell and Tim Loh (Bloomberg) — The worst flooding across the U.S. Midwest in four years is disrupting everything from oil to agriculture,

By Gwladys Fouche and Nerijus Adomaitis OSLO, Dec 31 (Reuters) – A fierce storm in the North Sea forced oil firms to evacuate platforms and shut down

By Bloomberg News (Bloomberg) — China is building a second aircraft carrier, with the new ship being designed and constructed domestically, the Defense

One person has died and two other were injured on Wednesday after a large wave hit a semi-submersible drilling rig operating in the North Sea. Statoil

By Manisha Jha (Bloomberg) — The most destructive oil crash in a generation is giving ship owners a billion-dollar windfall. With the Organization of

HOUSTON, Dec 30 (Reuters) – The world’s largest oil trader Vitol SA has secured a second cargo of U.S.-produced crude for export, just weeks after

Arctech Helsinki Shipyard marked Christmas Day with the delivery of the Baltic Sea icebreaker Murmansk at Vyborg Shipyard in Russia. 

By Sebastien Malo NEW YORK, Dec 30 (Thomson Reuters Foundation) – More than one million refugees and migrants braved the seas in 2015 seeking sanctuary

World’s largest cruise ship company Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) has announced a memo of agreement signed with Italian shipbuilder

BEIJING, Dec 30 (Reuters) – A formal inquiry has concluded that freak weather led to the sinking of a Yangtze River cruise ship in June that killed 442

By Brian K. Sullivan (Bloomberg) — Brace yourself, U.S. South. The Mississippi River is coming, and so are the Arkansas, the Red, the Ohio and the

By Jeff Wilson and Megan Durisin (Bloomberg) — Floods after heavy rain shut 5 miles of the Mississippi River, the biggest U.S. inland shipping channel,

WASHINGTON, Dec 29 (Reuters) – Iranian Revolutionary Guards launched rockets near the U.S. aircraft-carrier Harry S. Truman and other warships as they

Three bodies have been recovered near the wreckage of the sunken Thorco Cloud almost two weeks after the freighter sank in the Singapore Strait.

Authorities in Brazil are investigating an explosion that reportedly occurred in a cargo hold of a bulk carrier near the port of Paranaguá. The

By Clement Tan (Bloomberg) — China has approved another strategic restructuring of two state-owned shipping-related conglomerates, the second such move

Washington State Ferries is ending the year with an order for its fourth new Olympic Class ferry at Vigor Industrial. WSF signed a Notice to Proceed last