gCaptain – Maritime and Offshore News

Damen Shipyards says it has finalized an 11-vessel order for Australia’s DMS Maritime that has culminated with an order for a Rescue Gear Ship which will

AMSTERDAM–Dutch sea-transporting company Dockwise Ltd. (DOCKW.AE) said Thursday that Monday’s offer price by Dutch dredging company Royal Boskalis

A strike by clerical workers at the ports of Los Angeles and Long Beach continued Thurdsay, shutting down nearly all cargo movements into and out of the United

(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher

(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating

Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete

The National Transportation Safety Board on Tuesday issued a recommendation to the U.S. Coast Guard that would subject Coast Guard personnel involved in

As China starts landing jets on its first aircraft carrier, the U.S. Navy is preparing to test take offs and landings of carrier-based unmanned aircraft, a

The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that it is still looking for partners to convert a Louisiana naval shipyard earmarked

(Bloomberg) — Shanghai Shipping Exchange introduced dry-bulk and oil-tanker indexes in a challenge to a 268-year-old London bourse that sets freight

(Dow Jones) Kirby Corp. (KEX) has agreed to buy tank barges and tugboats operator Penn Maritime Inc. and an affiliated company in a cash and stock deal of

(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut

(Bloomberg) — BP Plc, which pleaded guilty to criminal charges after the worst U.S. oil spill in 2010, will be temporarily suspended from winning new

Wärtsilä announced today they have been contracted to supply an integrated engineering solution to an LNG-powered Platform Supply Vessel (PSV) newbuild

Scotland-based Maritime Craft Services (Clyde) Ltd announced today they have placed a £8.9 million order with Damen Shipyards for three more Damen Twin Axe

Hamburg/Germany– Ships and offshore units are specialist structures with high requirements for efficiency and availability throughout their entire life

The International Maritime Organization on Monday presented the coveted Exceptional Bravery at Sea award to Canadian and Chilean rescuers involved in two

German ferry operator Scandlines said Tuesday that the company has decided to cancel contracts for two newbuild ferries with insolvent German shipyard, P+S

[vimeo]http://vimeo.com/32515225[/vimeo] – By Tom Stitt Is it time for Marc Levinson to publish a sequel to The Box, his classic story of how the

Norway’s Stolt-Nielsen (Oslo Børs: SNI) announced Tuesday that its subsidiary Stolt Tankers has ordered five 38,000 dwt parcel tankers from

By Andrew Erickson and Gabe Collins Two months after China’s first aircraft carrier Liaoning was commissioned, and a year and a half after it began sea

(Bloomberg) — Sekavin SA, a Greek fuel supplier, said it’s investigating the origin of a cargo aboard an Iranian tanker off the Mediterranean

(Bloomberg) — Cyprus’s ship-management companies contributed more to the island’s gross domestic product in the first half of 2012 than they

By Sanjeev Rana, Deutsche Bank  Global Shipbuilding Downturn Continues Global shipbuilding industry has been going through a downturn for the last four