gCaptain – Maritime and Offshore News

Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation vessels, announced today they have has been awarded a USD $137.5

After reporting two straight years of losses, and nearly 24 months without a single shipbuilding contract, Singapore-based Otto Marine has just been awarded a

d’Amico International Shipping S.A. announced yesterday the signing of new build contracts with Hyundai Mipo Dockyard for a pair of 50,000 DWT Medium

LR-classed Alexandros and Aristotelis are the first of five new 5,000 teu super-efficient new ships, all to be delivered from HHI Gunsan by June 2013, that

CORK, IRELAND – Chemical and product tanker specialist Ardmore Shipping has named the two newest vessels to join its fleet, the Ardmore Seavaliant and

(Bloomberg) — China Cosco Holdings Co., the nation’s biggest shipping company, may raise as much as 27 billion yuan ($4.3 billion) selling assets

Lockheed Martin on Tuesday announced plans to develop and manufacture liquified natural gas fuel tanks for initial use on ships as the defense and aerospace

By Jane Sutton MIAMI BEACH, Fla., March 12 (Reuters) – Carnival Corp has launched a comprehensive review of its entire fleet after a fire crippled one of

By Rob Sheridan March 12 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil declined amid speculation

This week, back in 1993, was one of the most intense East Coast Storms ever seen. Early on March 13, 1993 an unusually severe extratropical low moved ashore

Singapore’s Keppel Corporation said Tuesday that it has terminated a deal with Ukraine’s state-run oil and gas company, Naftogaz, that called for

COPENHAGEN, March 12 (Reuters) – The world’s biggest container shipping company Maersk Line and its rivals are expected to fail in an attempt on

(Bloomberg) — The worst start to a year for freight rates is leading one of the creators of shipping derivatives to bet on a recovery as owners of

(Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, climbed the most in more than four months in Oslo trading after winning a $1.5 billion

With the world’s population headed toward 9.5 billion by 2060 and the rapid growth of emerging economies lifting millions of people out of poverty for

As a new wave of “eco-ships” enters the market, skepticism abounds about whether or not they deliver the benefits that they claim. There is concern

ROME, March 11 (Reuters) – Two Italian marines charged in India with killing two fishermen while on anti-piracy duty will not return there from a home

Athen-based dry bulk shipping firm, Diana Shipping Inc. (NYSE: DSX), has announced that over the past week, it has entered into a pair of time charter

Update (March 11, 2013): European Union Naval Force (EUNAVFOR) reports today the 26 crewmembers of M/T Smyrni have been released as of Sunday 10 March at

(Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the

Almi Sun and Almi Explorer have been delivered by Daewoo Shipbuilding and Marine Engineering Shipyard (DSME) and have commenced operations. These ships are

(Bloomberg) — A liquefied natural gas carrier signaled that it’s sailing to Angola, prompting speculation shipments of the fuel from a project in

By Niklas Pollard and Balazs Koranyi STOCKHOLM/OSLO, March 10 (Reuters) – Executive excess need not be etched in stone. Just look at the Nordic region,

(Bloomberg) — An Indonesian-registered vessel sank in Singapore waters after colliding with a ferry this morning, triggering a search and rescue

Officials in Italy on Friday decided that the Costa Concordia will be towed to the Port of Piombino in Tuscany for disassembly after being re-floated this