gCaptain – Maritime and Offshore News

(Bloomberg) — Rates to charter the largest oil tankers on their busiest trade route were little changed as the glut of vessels absorbed increased demand.

The U.S. Coast Guard is still seeking information from the public about the mysterious wreckage found last week off the coast of Florida near the entrance to

By Hilary Russ March 7 (Reuters) – Longshoremen in New York and New Jersey, who handle shipments at the largest port on the U.S. East Coast, have reached

Becker Twisted Fins, designed by Becker Marine Systems, were retrofitted onto seven “Santa” class container vessels of the fleet of liner shipping

(Bloomberg) — The Baltic Dry Index, a measure of commodity-shipping costs, rose to the highest level this year on demand to transport grain cargoes.

FRANKFURT, March 8 (Reuters) – Hapag-Lloyd co-owner Klaus-Michael Kuehne wants the container shipping group’s prospective merger partner

(Bloomberg) — Europe-to-Asia freight rates will defy a decline in the other direction this year as exports heading east grow faster than imports, helping

GC Rieber Shipping ASA announced today that they have entered into a charter agreement with Ceona Services (UK) Limited for its high capacity subsea newbuild

If you think that a helicopter medical evacuation from a ship is just as easy as an ambulance ride to the hospital, this video from yesterday’s medical

Two executives with Mumbai-based Prahitba Shipping have been arrested in connection to six seafarer deaths after the company’s tanker went aground last

By Environment Correspondent Alister Doyle OSLO, March 7 (Reuters) – Canadian glaciers that are the world’s third biggest store of ice after

(Bloomberg) — Billionaire investor Carl Icahn proposed three new Transocean Ltd. board candidates and said he’d push for a higher dividend after

NYSE-listed Scorpio Tankers (STNG) on Thursday announced that it has reached an agreement with Hyundai Samho Heavy Industries Co., Ltd. to construct two larger

(Bloomberg) — The biggest glut since 1996 in the supply of the largest oil tankers means owners will have to wait three more years for rates to recover,

By Lt. Brian Wierzbicki, CTF 76 Public Affairs SASEBO, Japan (NNS) — Avenger Class Mine Countermeasures ship USS Guardian (MCM 5) concluded 23 years of

(Bloomberg) — Golar LNG Ltd., an owner of tankers hauling liquefied natural gas, was lowered to “hold” from “buy” at Pareto

Yesterday morning, the chemical tanker Harbour Krystal suffered an explosion and subsequent fire while sailing northbound off the coast of Lisbon, Portugal.

ABUJA (Reuters) – Pirates attacked an oil industry supply vessel in Nigerian waters this week and kidnapped three crew, security sources said on

By Dinesh Nair DUBAI (Reuters) – Ports operator DP World Limited is selling its stakes in two container terminals and a logistics centre in Hong Kong for

The Sea Shepherd Conservation Society says that they are once again in hot pursuit of the Japanese Institute for Cetacean Research fleet as they return to the

Caterpillar Oil and Gas announced today that Russia’s largest offshore oil and gas platform has been outfitted with BeCat® 3500 diesel generator

MIAMI —  The Coast Guard this week is responding to a report of 22 containers lost overboard from a TransAtlantic-operated barge about 18 miles east

(Bloomberg) — Petroleo Brasileiro SA, the world’s largest deep-water oil producer, will stop leasing new rigs as it struggles to contain costs and

(Bloomberg) — A Mitsubishi Corp. subsidiary plans to seek $750 million for a fund managed by former General Electric Co. shipping-team members that will

Maersk Line’s CEO Soren Skou kicks off TPM 2013 with the keynote speech. Watch it