News

The latest maritime and offshore news.


Wednesday, August 21, 2013
Libya’s Brega Port May Restart Oil Exports Soon
News

Libya’s Brega Port May Restart Oil Exports Soon

LONDON, Aug 21 (Reuters) – Libya’s Marsa al Brega port, which local sources said reopened on Tuesday, may handle oil cargoes in the next few days,

August 21, 2013
Total Views: 27

STX OSCV 07 offshore subsea construction vessel
News

Farstad Orders New Subsea IMR Vessel from VARD

Farstad Shipping has announced today the signing of a NOK 825 million newbuild contract with VARD for a Subsea IMR vessel. Farstad notes the hull will be built

August 21, 2013
Total Views: 128

News

Enclosed Spaces | Nautical Institute Promotes Education, Awareness and Training

More people die or are injured in enclosed spaces than through any other related onboard work activity – this despite numerous guidelines, safety

August 21, 2013
Total Views: 56

ardmore seaventure
News

Ardmore Continues Fleet Expansion Plan with $118 Million Newbuild Order

Ardmore Shipping Corporation (NYSE:ASC) signed newbuild contracts today with Fukuoka Shipbuilding for four 25,000 dwt IMO 2 eco-design product & chemical

August 21, 2013
Total Views: 33

m/v vasos
News

Goldenport Holdings Sells Capesize Bulker

Goldenport Holdings Inc., (LSE: GPRT) the international shipping company that owns and operates a fleet of container and dry bulk vessels announced today that

August 21, 2013
Total Views: 113

mining machine digger digging
News

Glencore’s Glasenberg Lauds Rival CEOs for New Mining Mantra

Aug. 21 (Bloomberg) — Glencore Xstrata Plc Chief Executive Officer Ivan Glasenberg said mining-industry peers are responding to his call to restrain

August 21, 2013
Total Views: 66

Palmer: Massive Gas Field Discovered off Papua New Guinea, 28 TCF Recoverable
News

Palmer: Massive Gas Field Discovered off Papua New Guinea, 28 TCF Recoverable

SYDNEY, Aug 21 (Reuters) – Australian mining mogul Clive Palmer says his oil and gas business has identified what could be one of the world’s

August 21, 2013
Total Views: 99

captain eric clarke imtech rightship
News

Imtech Marine Appoints Capt. Eric Clarke as New Managing Director for U.S.

Imtech Marine (Rotterdam) announces that as of the 15th of July 2013, Capt. Eric Clarke has been appointed as Managing Director of lmtech Marine USA

August 21, 2013
Total Views: 32

smit amandla kiani satu track
Marine Salvage

The Kiani Satu Has Sunk [UPDATE]

Update (21 August) – As of 0400 local time, the Kiani Satu has sunk according to a statement by the Kynsna Municipality in South Africa. She went down in

August 21, 2013
Total Views: 150

gustomsc cj46
News

COSL Buys Pair of GustoMSC CJ46 Jack-Up Rigs

China Oilfield Services Limited (COSL) has announced the purchase of two GustoMSC CJ46 jack-up drilling rigs which are currently under construction at China

August 21, 2013
Total Views: 260

Tuesday, August 20, 2013
CSAV Launches Stock Offer Short of Goal
News

CSAV Launches Stock Offer Short of Goal

Chilean shipper Compania Sud Americana de Vapores on Tuesday kicked off a share offering, which it hopes will raise about $330 million -- an amount short of

August 20, 2013
Total Views: 28

Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

Tankers Said by U.S. to Carry Iran Oil Reportedly Sold for Scrap

Three of eight tankers bought by Dimitris Cambis that the U.S. Treasury said helped Iran evade sanctions were sold for demolition, according to data from IHS

August 20, 2013
Total Views: 59

CHARLES DAVID JR fast response cutter
Defense

Bollinger Delivers Seventh Fast Response Cutter, Charles David Jr.

Bollinger Shipyards in Lockport, Louisiana has announced the delivery of the seventh Fast Response Cutter to the U.S. Coast Guard. Named CHARLES DAVID JR, the

August 20, 2013
Total Views: 158

Floatel Orders Fifth Semi-submersible Accommodation Vessel from Keppel
News

Floatel Orders Fifth Semi-submersible Accommodation Vessel from Keppel

Floatel International announced today the signing of their fifth semi-submersible accommodation newbuild contract with Keppel FELSs. The order adds USD $280

August 20, 2013
Total Views: 227

kkr
Finance

KKR Enters Maritime Finance

KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, created a unit to lend to the maritime industry, including assets such as drilling

August 20, 2013
Total Views: 126

shell prelude flng
News

Woodside to Recommend Shell FLNG Solution at Browse

Aug. 20 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil producer, will recommend using Royal Dutch Shell Plc’s floating

August 20, 2013
Total Views: 49

bahri
News

Bahri Signs MoU With Aramco, Sembcorp Marine For New Saudi Shipyard

DUBAI, Aug 20 (Reuters) – The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and

August 20, 2013
Total Views: 56

Wartsila 18V32LN(E)
Engineering News

Can a Wärtsilä Vasa 32 Diesel Really Self-Destruct?

The following question was posted today in the gCaptain Forum: One of the suggested ignition sources for the Deepwater Horizon explosion was that the No. 3

August 20, 2013
Total Views: 452

lou vest oneighteen seafarer sailor
Interesting

MLC 2006 | Seafarers’ Bill of Rights Enters into Force

SINGAPORE –  20 August 2013 – The Maritime Labour Convention, 2006, also known as the “Seafarers Bill of Rights” has officially

August 20, 2013
Total Views: 586

Monday, August 19, 2013
wilbur ross
Engineering News

Ross Sees Cargo Rebound on China Shipbuilding Limits

Aug. 20 (Bloomberg) — Wilbur Ross, the billionaire investor in struggling industries, says Chinese limits on shipbuilding will help the cargo market

August 19, 2013
Total Views: 14