gCaptain – Maritime and Offshore News


Friday, November 16, 2012

Tanker Supply at Seven-Month Low Seen Lifting Rates on China

(Bloomberg) — The glut of oil tankers competing to load in the Persian Gulf dwindled to a seven-month low as China draws shipments, setting the

Friday, November 16, 2012
Total Views: 14

CMA CGM Marco Polo: Master and Chief Engineer On What It’s Like to Command the World’s Largest Containership

At 396 meters and the capacity to hold an astonishing 16,020 TEUs, the CMA CGM Marco Polo is now officially the world’s largest containership. The

November 16, 2012
Total Views: 208

Navy

Tribunal Will Hear Out Argentine Tall Ship Dispute

BUENOS AIRES–The International Tribunal for the Law of the Sea has proposed holding hearings Nov. 29-30 in a dispute between Argentina and Ghana over a

November 16, 2012
Total Views: 27

Shipbuilding

Transpetro Gives EAS a Second Chance, Calls for the Construction of Four Tankers

RIO DE JANEIRO—-The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that it

November 16, 2012
Total Views: 29

News

Transocean Wins Dual Activity Lawsuit Against Maersk

(Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, won an appeals court ruling that reinstates a $15 million jury verdict

November 16, 2012
Total Views: 210

News

DOF Subsea Awarded $50 Million in Construction Support Vessel Contracts

Norwegian offshore engineer Dof ASA (DOF.OS) said Friday it has secured multiple contract awards in Asia Pacific, the Mediterranean and in the Gulf of Mexico

November 16, 2012
Total Views: 231

Most Read

Russian ‘Shadow Fleet’ LNG Carrier Without Ice-Class Stops, Reverses on Northern Sea Route Near Ice-Edge
Energy

Russian ‘Shadow Fleet’ LNG Carrier Without Ice-Class Stops, Reverses on Northern Sea Route Near Ice-Edge

A Russian liquefied natural gas carrier without ice protection has reversed course and remains stopped near the edge of the sea ice on the Northern Sea Route.

U.S. Military Strikes Venezuelan Drug Vessel in Caribbean, 11 Killed in Trump-Ordered Operation
Defense

U.S. Military Strikes Venezuelan Drug Vessel in Caribbean, 11 Killed in Trump-Ordered Operation

The U.S. military conducted a strike against a Venezuelan vessel in international waters on Tuesday, marking the first known operation since the Trump

Fincantieri Adds 600 Shipyard Workers as U.S. Shipbuilding Renaissance Gains Steam
Defense

Fincantieri Adds 600 Shipyard Workers as U.S. Shipbuilding Renaissance Gains Steam

Fincantieri Marine Group (FMG) has added more than 600 workers to its U.S. shipyards since February 2025 amid what company officials describe as a revival of

U.S. Coast Guard Exercises $314 Million Options for Austal’s Offshore Patrol Cutters
Defense

U.S. Coast Guard Exercises $314 Million Options for Austal’s Offshore Patrol Cutters

The United States Coast Guard has exercised contract options worth US$314 million with Austal USA for the Offshore Patrol Cutter (OPC) program, the company

U.S. Navy Destroyers Patrol Arctic Waters In Barents Sea Near Russian Maritime Border
Defense

U.S. Navy Destroyers Patrol Arctic Waters In Barents Sea Near Russian Maritime Border

U.S. naval forces continue to step up their engagement in the Arctic. While the Coast Guard now has two icebreakers operating in the Bering Sea simultaneously


Thursday, November 15, 2012

U.S. East Coast Gasoline Slumps as Jones Act Waiver Draws More Tankers

(Bloomberg) — New York Harbor gasoline slumped for a third day after the waiver of the Jones Act allowed cargoes to be delivered from the Gulf Coast and

November 15, 2012
Total Views: 31

Collision

Drunk Master Caused March Collision in Belfast Lough [REPORT]

Investigators in the UK have confirmed what everyone already knew about the March 7th collision between the M/V Union Moon and the Stena Feronia ferry: that

November 15, 2012
Total Views: 139

USCG

Tug and Barge Run Aground in Alaska [INCIDENT PHOTOS]

The Coast Guard safely rescued five crewmembers from the tug Polar Wind which ran aground and began taking on water 20 miles east of Cold Bay, AK at 8:58

November 15, 2012
Total Views: 82

Interesting

BP Reaches $4.5B Settlement with US DOJ, Pleads Guilty to 11 Felony Charges [UPDATE]

(Bloomberg) — BP Plc reached a settlement with the U.S. government for $4.5 billion that will end all criminal charges and resolve securities claims

November 15, 2012
Total Views: 53

Overseas Shipholding Won’t Need Bankruptcy Financing [MARKET TALK]

Overseas Shipholding’s (OSG) Chapter 11 filing to deal with its bulging debt isn’t a surprise. And it also won’t be the

November 15, 2012
Total Views: 25

Most Read

Russian ‘Shadow Fleet’ LNG Carrier Without Ice-Class Stops, Reverses on Northern Sea Route Near Ice-Edge
Energy

Russian ‘Shadow Fleet’ LNG Carrier Without Ice-Class Stops, Reverses on Northern Sea Route Near Ice-Edge

A Russian liquefied natural gas carrier without ice protection has reversed course and remains stopped near the edge of the sea ice on the Northern Sea Route.

U.S. Military Strikes Venezuelan Drug Vessel in Caribbean, 11 Killed in Trump-Ordered Operation
Defense

U.S. Military Strikes Venezuelan Drug Vessel in Caribbean, 11 Killed in Trump-Ordered Operation

The U.S. military conducted a strike against a Venezuelan vessel in international waters on Tuesday, marking the first known operation since the Trump

Fincantieri Adds 600 Shipyard Workers as U.S. Shipbuilding Renaissance Gains Steam
Defense

Fincantieri Adds 600 Shipyard Workers as U.S. Shipbuilding Renaissance Gains Steam

Fincantieri Marine Group (FMG) has added more than 600 workers to its U.S. shipyards since February 2025 amid what company officials describe as a revival of

U.S. Coast Guard Exercises $314 Million Options for Austal’s Offshore Patrol Cutters
Defense

U.S. Coast Guard Exercises $314 Million Options for Austal’s Offshore Patrol Cutters

The United States Coast Guard has exercised contract options worth US$314 million with Austal USA for the Offshore Patrol Cutter (OPC) program, the company

U.S. Navy Destroyers Patrol Arctic Waters In Barents Sea Near Russian Maritime Border
Defense

U.S. Navy Destroyers Patrol Arctic Waters In Barents Sea Near Russian Maritime Border

U.S. naval forces continue to step up their engagement in the Arctic. While the Coast Guard now has two icebreakers operating in the Bering Sea simultaneously


Wednesday, November 14, 2012
Engineering News

Wärtsilä Surpasses 2,000 Gas Fueled Engines Sold

Wärtsilä said this week that it has now sold more than 2,000 of its gas fueled engines which have together accumulated more than 7 million operational

November 14, 2012
Total Views: 65

S&P Slashes OSG Credit Rating Following Bankruptcy Filing

Standard & Poor’s Ratings Services has lowered Overseas Shipholding Group’s long-term credit rating to ‘D’ after the company

November 14, 2012
Total Views: 41

Incidents

Ship Chandler Killed After Falling Overboard

A Singaporean ship chandler was killed Tuesday after falling into the water while disembarking from a bulk carrier at the Port of Singapore following a

November 14, 2012
Total Views: 72

Ultrabulk Ditches Chinese Yard for Japan-Built Eco-Ship

Danish dry bulk operator Ultrabulk said Wednesday that continuous delays have forced the company to cancel its order for two large Panamax bulkers from

November 14, 2012
Total Views: 167

60+ Knots In a Sailboat [VIDEO]
Ship Design

60+ Knots In a Sailboat [VIDEO]

The Vestas Sailrocket team has had its eye on the world record since their first boat was launched in 2002. Now, over ten years later, the team finds

November 14, 2012
Total Views: 226

Corporate News

7 hours ago

Human Touch Critical For Shipping Transition

A comprehensively human approach that takes account of the training and social and wellbeing needs of seafarers is the foundation for shipping’s safe transition to the

September 4, 2025

ABB and eMarine Partner To Drive Energy Efficiency In The Maritime Industry With Innovative Temperature Sensor

ABB will deliver 1,500 NINVA™ non-invasive temperature sensors approved for marine use to eMarine, a Swedish company dedicated to enabling efficiency and sustainability in the

September 1, 2025

ABB and Wallenius Marine establish OVERSEA™ joint venture

ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration and ensure

September 1, 2025

NexusOcean Expands Portfolio With Starlink Solutions

NexusOcean, the ocean’s internet provider, is pleased to announce that it can  now offer Starlink’s high-speed maritime connectivity solutions to its clients.  This is made

August 29, 2025

ABS Issues Certificate for the World’s Largest Classed Unmanned Surface Vehicle

20-Meter Saildrone Surveyor Offers Unmanned Deepwater Transoceanic Journeys ABS awarded Classification to the Saildrone Surveyor, a fully autonomous deepwater unmanned surface

August 29, 2025

Damen launches latest Island Class for BC Ferries

The second in a series of four fully electric-ready ferries On 27 August, Damen Shipyards Group launched the latest Island Class ferry for Canada’s BC Ferries. The vessel is

August 26, 2025

Wallem launches Vessel IT Security and Management Services

Wallem Group, a leading global maritime partner, has launched a suite of support and consultancy services to protect IT systems onboard its clients’ vessels from disruption. Its

August 20, 2025

Autonomous Technology to be Explored by ABS and Saronic

ABS and Saronic Technologies signed a memorandum of understanding (MOU) to explore autonomous technologies for maritime applications. The agreement establishes a cooperative

Corporate News

7 hours ago

Human Touch Critical For Shipping Transition

A comprehensively human approach that takes account of the training and social and wellbeing needs of seafarers is the foundation for shipping’s safe transition to the

September 4, 2025

ABB and eMarine Partner To Drive Energy Efficiency In The Maritime Industry With Innovative Temperature Sensor

ABB will deliver 1,500 NINVA™ non-invasive temperature sensors approved for marine use to eMarine, a Swedish company dedicated to enabling efficiency and sustainability in the

September 1, 2025

ABB and Wallenius Marine establish OVERSEA™ joint venture

ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration and ensure

September 1, 2025

NexusOcean Expands Portfolio With Starlink Solutions

NexusOcean, the ocean’s internet provider, is pleased to announce that it can  now offer Starlink’s high-speed maritime connectivity solutions to its clients.  This is made

August 29, 2025

ABS Issues Certificate for the World’s Largest Classed Unmanned Surface Vehicle

20-Meter Saildrone Surveyor Offers Unmanned Deepwater Transoceanic Journeys ABS awarded Classification to the Saildrone Surveyor, a fully autonomous deepwater unmanned surface

August 29, 2025

Damen launches latest Island Class for BC Ferries

The second in a series of four fully electric-ready ferries On 27 August, Damen Shipyards Group launched the latest Island Class ferry for Canada’s BC Ferries. The vessel is

August 26, 2025

Wallem launches Vessel IT Security and Management Services

Wallem Group, a leading global maritime partner, has launched a suite of support and consultancy services to protect IT systems onboard its clients’ vessels from disruption. Its

August 20, 2025

Autonomous Technology to be Explored by ABS and Saronic

ABS and Saronic Technologies signed a memorandum of understanding (MOU) to explore autonomous technologies for maritime applications. The agreement establishes a cooperative


Wednesday, November 14, 2012
Finance

Overseas Shipholding Group (OSG) Files for Chapter 11 Bankruptcy Protection

(Bloomberg) — Overseas Shipholding Group Inc., the largest U.S. tanker operator, filed for bankruptcy protection after global shipping rates fell and the

November 14, 2012
Total Views: 380

Incidents

Coral Princess Cruises Fined $180,000 After Crewmember Killed by Powered Door

Coral Princess Cruises has been fined $180,000 following the death of a crewman after he was trapped by a powered door while working on the cruise ship

November 14, 2012
Total Views: 134

Engineering News

Could Wind Power Return to Commercial Shipping?

As the shipping industry endeavours to conserve expensive fossil fuels, cargo ship designers are now turning to the oldest source of power there is: the wind

November 14, 2012
Total Views: 333

Engineering News

Herbert Engineering’s Keith Michel to be Webb Institute President

R. Keith Michel, Chairman of the Board of the Herbert Engineering Group of Companies, has been appointed President of Webb Institute, the country’s

November 14, 2012
Total Views: 93

Tuesday, November 13, 2012

TheParbucklingProject.com Is The Costa Concordia Salvage Website You Have Been Waiting For

The re-floating stage is illustrated in this picture, after the parbuckling phase has been completed and caissons have been attached to the starboard side of

November 13, 2012
Total Views: 157

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gCaptain-jobs

Find Your Next Opportunity

Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.


Tuesday, November 13, 2012

Beijing Wields Big Stick on Valemaxes

BEIJING–Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China

November 13, 2012
Total Views: 46

helix 534 well intervention vessel
News

The 534 is No Longer Retired, Helix ESG Awarded New Contracts for the 37 Year Old Ship

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has been awarded its initial customer contractual commitments for the Helix 534.  

November 13, 2012
Total Views: 326

Navy

Shipyard Photo of The Day – NASSCO Floats First Mobile Landing Platform

SAN DIEGO–General DynamicsNASSCO on Tuesday completed the complex float out operation for the U.S. Navy’s first Mobile Landing Platform (MLP) ship,

November 13, 2012
Total Views: 58

Multimedia

“I Won’t Hold It Against You”…the Bounty’s Former Engineer Speaks [VIDEO]

The newly reported engineer on board the Bounty, Chris Barksdale, discusses the Captain’s fateful announcement which took place before they left port in

November 13, 2012
Total Views: 29

Interesting

Cargo Ship Drops 132 Ton Locomotive While Suspended 15 Feet in the Air

In a spectacular example of lifting gear failure, this 132 ton EMD GT46C-ACe locomotive was dropped while being transferred from the ship to the pier. The

November 13, 2012
Total Views: 315