News

The latest maritime and offshore news.


Friday, December 28, 2012
Blog

Top 10 Incident Photos of 2012

2012 was a crazy year with a lot of incident photos. Here are gCaptain’s picks for Top 10 Maritime Incident Photos of 2012: Click on the titles for more

December 28, 2012
Total Views: 296

News

SEC Busts Open $11 Million Insider Trading Ring Involving King’s Point Graduates

A federal indictment unsealed earlier this month in a U.S. District Court charged nine defendants with insider trading and money laundering surrounding the

December 28, 2012
Total Views: 367

Engineering News

Keppel Barely Misses S$10 Billion in Orders with Latest Round of Contracts

Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD

December 28, 2012
Total Views: 104

Engineering News

Fujian Southeast Shipyard Chooses MacGregor Deck Gear for 6 Tidewater PSVs

  In October, Cargotec secured a comprehensive MacGregor offshore equipment contract for six platform supply vessels (PSVs) from Fujian Southeast Shipyard

December 28, 2012
Total Views: 47

Thursday, December 27, 2012
News

US Coast Guard Notes Safety and Propulsion Deficiencies on Arctic-Bound Drillship

Noble Corp. (NE) said it is working to rectify deficiencies and maintenance issues the U.S. Coast Guard found with its Noble Discoverer drillship, located

December 27, 2012
Total Views: 103

News

Cheniere Awards Bechtel $3.8 Billion Contract for Sabine Pass LNG Liquefaction Trains

In a filing to the SEC today, Sabine Liquefaction, a wholly owned subsidiary of Cheniere Energy, announced the award of a $3.8 billion lump sum turnkey

December 27, 2012
Total Views: 159

News

Economists are Bullish on Iron Ore as Chinese Economic Growth Recovers

Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating

December 27, 2012
Total Views: 53

Wednesday, December 26, 2012
News

Senator Wyden Calls for Restraint in US LNG Export Planning

New discoveries of natural gas are beginning to transform the U.S. economy, and energy companies say exporting it is the next logical step. But a call for

December 26, 2012
Total Views: 39

News

Escaping Singapore’s Congestion, Vitol to Sell Marine Bunkers in Malaysia

Vitol Group plans to start sales of marine fuel, or bunkers, to a port in southern Malaysia as it seeks to supply ship owners that moved from Singapore, the

December 26, 2012
Total Views: 114

Monday, December 24, 2012
News

Rongsheng Heavy to Post First Loss in 4 Years

China Rongsheng Heavy Industries Group Holdings Ltd., the country’s largest shipbuilder outside state control, forecast its first annual loss in four

December 24, 2012
Total Views: 70

News

Pirates Kidnap Four Off Nigeria

Nigeria’s navy is hunting for pirates who kidnapped four crew from a ship off the coast of the West African oil-producing country at the weekend, a naval

December 24, 2012
Total Views: 109

Friday, December 21, 2012
News

Steve Jobs’ Superyacht Impounded in Amsterdam Over Unpaid Bills

AMSTERDAM – A superyacht built for Apple Inc’s late co-founder Steve Jobs has been impounded in Amsterdam because of a dispute over an unpaid bill

December 21, 2012
Total Views: 67

News

Diana Shipping Purchases New Japanese-Built Kamsarmax Bulk Carrier

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced

December 21, 2012
Total Views: 435

News

BG International Signs $65 Million UK North Sea Contract for the Borgholm Dolphin

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, announced today they have entered into a contract with BG International Ltd for the provision of

December 21, 2012
Total Views: 118

News

Statoil Set to Make $7 Billion Investment in the UK North Sea

Statoil ASA, Norway’s biggest oil and gas producer, will invest more than $7 billion in its Mariner project, the largest offshore development in the U.K.

December 21, 2012
Total Views: 284

News

Hits Keep on Comin’ for the Dry Bulk Market, Chinese Coal Imports May Almost Disappear in 2013

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

December 21, 2012
Total Views: 82

Thursday, December 20, 2012
News

Tsakos Energy Navigation Caps off 2012 with Three New Charters

Tsakos Energy Navigation Limited (NYSE: TNP) rose over 4 percent today on the New York Stock Exchange after an announcement that they have signed six-month

December 20, 2012
Total Views: 115

man B&W 5G70ME-GI gas engine
Engineering News

Teekay to Build Pair of LNG Carriers, Chooses 2-Stroke Dual Fuel Engines

MAN Diesel & Turbo announced today that Teekay LNG Partners (NYSE: TGP) has chosen their ME-GI dual-fuel, two-stroke, gas-injection engines for a pair of

December 20, 2012
Total Views: 95

Engineering News

CIMC Raffles Delivers Heavy Lift Semi-Submersible Accommodation Vessel

Destined for the Gulf of Mexico, the deep-water semi-submersible crane & accommodation vessel Explorer Lifter was delivered today by Yantai CIMC Raffles

December 20, 2012
Total Views: 219

News

Ulstein Receives PSV Newbuild Order From Island Offshore and Edison Chouest JV

Ulstein announced today they have entered into a contract with Island Ventures II LLC, a joint venture partnership between Norwegian offshore operator Island

December 20, 2012
Total Views: 108