News

By Stine Jacobsen COPENHAGEN March 28 (Reuters) – A.P. Moller-Maersk’s new chairman committed to automating its systems as the oil and shipping

SEOUL, March 28 (Reuters) – South Korea on Tuesday said forensic examination showed bone fragments found near a salvaged ferry that sank in one of its

Japanese container shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the MOL Triumph, the new ‘world’s biggest containership’

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, March 28 (Reuters) – A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag,

March 28 (Reuters) – Ocean RIG UDW Inc, a Cyprus-based rig contractor, filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and

Somali pirates have released a small dhow which authorities feared could be used to launch attacks on large commercial ships further offshore. A report

By Brenda Goh SHANGHAI, March 27 (Reuters) – Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive

Fincantieri’s bid for all remaining shares of Vard Holdings failed to reach the minimum threshold required to take the company private.

By Mike Wackett (The Loadstar) – Hapag-Lloyd recorded a profit of $46m in the final three months of 2016– a recovery too little too late to prevent the

DryShips Inc. (NASDAQ: DRYS) announced Monday that it has entered into agreements to acquire four modern Newcastlemax bulk carriers as the company continues to

Salvage crews in South Korea are getting ready to move the Sewol ferry from the salvage site off Jindo Island to Mokpo, where a search for the nine missing

By Christopher Langner (Bloomberg Gadfly) — When it comes to matters legal or bureaucratic, Singapore is swift to act. Bankruptcy, sometimes, can be even

March 27 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two-year

Norwegian offshore supply vessel companies Solstad Offshore, Farstad Shipping, and Deep Sea Supply are forging ahead with plans to combine operations with the

It was over 100 ago when the RMS Titanic sank after colliding with an iceberg four days into her maiden voyage from Southampton, England to New York City. Now,

By Maha El Dahan and Michael Georgy SHARJAH, United Arab Emirates, March 24 (Reuters) – Captains of small wooden dhows are carrying food and wares from

A crew member of an offshore supply vessel in the Gulf of Mexico claims he saw a UFO ‘fives times’ the size of his vessel and UFO

By Abdiqani Hassan BOSASSO, Somalia, March 24 (Reuters) – Pirates have seized control of a Somali fishing boat to use as a base from which to attack

By Joyce Lee SEOUL, March 24 (Reuters) – Daewoo Shipbuilding & Marine Engineering Co Ltd’s CEO Jung Sung-leep said he believes he should step

Hi All, We’re excited to announce the launch of the new gCaptain Forum! Don’t worry, nothing about the old gCaptain Forum has changed, it