gCaptain – Maritime and Offshore News

Dirty tanker rates on key Asian freight routes could edge down next week due to year-end holidays, but are likely to remain firm, ship brokers said on

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per

Archer-Daniels-Midland Co., the largest exporter of soybean meal from Brazil, plans to double the size of its South American fleet of river barges to boost

By Gavin van Marle Container throughput in Pakistan could rise dramatically if China succeeds in its ambition to build a new deepwater port in the country

By NOAA’s Office of Response and Restoration Barataria Bay, located in the northern Gulf of Mexico, received heavy and prolonged oiling after the

ARI Simulation has delivered a complete suite of integrated offshore simulators to India’s NUSI Offshore Training Institute (NOTI), the world’s

SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in

It’s been since six weeks since the freighter “Siderfly” collided with the 116-meter gas carrier Coral Ivory, and the vessel still waits at

Ships waiting to be loaded with iron ore are seen at the Fortescue loading dock located at Port Hedland, in the Pilbara region of Western Australia December 3,

The Philippines Coast Guard on Monday successfully rescued a disabled ferry carrying 677 passengers that was left adrift for more than 12 hours in the Bohol

The weather on planet Earth, 18 December 2013. Click this link for an interactive version or to see other areas of the world.

Diana Containerships Inc. (DCIX) took everybody by surprise, announcing the sale of its 18-year old Panamax containership “Spinel“ (Ex “APL

Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and

The Royal National Lifeboat Institution is an all-volunteer, charity-funded organization aimed at ending the preventable loss of life at sea in an around the

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

The chief executive of TUI AG , a shareholder in German shipper Hapag-Lloyd , said he viewed as positive the talks between the shipper and Chilean rival

BP Plc said the Gila prospect in the Gulf of Mexico produced a “significant” discovery, capping the most successful year for exploration since 2004

Dec. 18 (Bloomberg) — China has rejected more than half a million metric tons of genetically modified U.S. corn in November and December, almost three

A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S.

The U.S. Coast Guard along with partner agencies responded Tuesday morning to a report of multiple injuries after the Bald Head Island Ferry Adventure ran

2013 was a wild year, with a lot of anticipated highs and some unexpected lows in the maritime world. Here is a look back at the top 20 stories that got you

Pirates have attacked an oil products tanker off the coast of Nigeria and kidnapped its Ukrainian captain and a Greek engineer, Greek coast guard officials

With the threat of Aker Arctic leaving Finland to pursue more profitable pastures, Finnish Industry Investment Ltd, an investment arm of Finland’s

UBS AG sold $45.2 million of seven- year notes tied to offshore oil drilling company Ensco Plc, the Swiss bank’s largest U.S. offering in 17

CBC’s Rick Mercer transits the Welland Canal on board the CSL bulk carrier Whitefish Bay. The Welland Canal is a key point in the St. Lawrence Seaway as