gCaptain – Maritime and Offshore News


Tuesday, November 6, 2012
Finance

Investors File Class Action Against Overseas Shipholding Group

After Overseas Shipholding Group, Inc. (NYSE:OSG) announced last month they were considering filing for Chapter 11 bankruptcy protection, their stock took a

Tuesday, November 6, 2012
Total Views: 39

Incidents

Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested

The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been

November 6, 2012
Total Views: 138

Diana Containerships Buys NOL Panamax for $30 Million

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, announced Tuesday that it has signed a

November 6, 2012
Total Views: 27

News

$1.3 Billion Merger Deal Signed, Vela and Bahri to Combine Tanker Fleets

At the end of June, the National Shipping Company of Saudi Arabia (Bahri) announced plans to merge with Saudi ARAMCO’s shipping arm, Vela International,

November 6, 2012
Total Views: 31

News

HMS Bounty Crewmembers Speak in an Exclusive Interview with ABC [VIDEO]

In an exclusive interview with ABC’s Good Morning America today, the crew of the ill-fated tall ship Bounty speak. Here’s what they had to say.

November 6, 2012
Total Views: 58

News

VLCC Market Oversupplied by Nearly 20 Percent, and Still Losing Money

(Bloomberg) — A glut of the largest oil tankers in the Persian Gulf was poised to remain unchanged for a second week, a Bloomberg News survey showed.

November 6, 2012
Total Views: 130

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. 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

Blast Reported Near Liberia-Flagged Tanker Off Saudi Port Of Yanbu 
Shipping

Blast Reported Near Liberia-Flagged Tanker Off Saudi Port Of Yanbu 

CAIRO, Aug 31 (Reuters) – British maritime security firm Ambrey said on Sunday that a Liberia-flagged Israeli-owned tanker reported


Tuesday, November 6, 2012
Ports

Port of Savannah Receives Final Approval to Go Deeper

The Georgia Ports Authority (GPA) has received final approval for its long-awaited harbor deepening, which will allow the Port of Savannah to more efficiently

November 6, 2012
Total Views: 23

News

The Disconnect Between Professional Mariners and Recreational Boaters over the Bounty Tragedy

Ever since the Bounty sank off Cape Hatteras last week a fiery online debate has literally raged. It’s a tragic event that pretty much everyone who has

November 6, 2012
Total Views: 69

Engineering News

Wärtsilä Wins Kuwaiti Order for Over Two Dozen Marine Engines

Wärtsilä announced today the winning of a significant order from the Kuwait Oil Company to supply 28 engines for 14 new vessels under construction at

November 6, 2012
Total Views: 239

Monday, November 5, 2012
USCG

Coast Guard Crews Recount Heroic HMS Bounty Rescue – USCG

By LT Stephanie Young, Coast Guard Compass Blog As Hurricane Sandy approached land, the HMS Bounty and 16 sailors aboard were in dire need of help. More than

November 5, 2012
Total Views: 237

VLCC Charter Rates Rise as Supply of Vessels Remains Stable

(Bloomberg) — Charter rates rose for the largest tankers hauling Middle East oil to Asia on the industry’s busiest trade route as the supply of

November 5, 2012
Total Views: 29

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. 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

Blast Reported Near Liberia-Flagged Tanker Off Saudi Port Of Yanbu 
Shipping

Blast Reported Near Liberia-Flagged Tanker Off Saudi Port Of Yanbu 

CAIRO, Aug 31 (Reuters) – British maritime security firm Ambrey said on Sunday that a Liberia-flagged Israeli-owned tanker reported


Monday, November 5, 2012
Incidents

Five Killed in Gas Leak On Board LPG Carrier

Update: The Times of India has reported that the five sailors died of asphyxiation as a result of the gas leak. Original: Five crew members of an

November 5, 2012
Total Views: 95

TUI Cruises Confirms Order for Second 2,500 Passenger Newbuild

Germany’s TUI Cruises confirmed Monday that the company has ordered a second 2,500 passenger cruise ship from STX Finland. The 99,300 GRT cruise ship

November 5, 2012
Total Views: 84

News

Pre-Christmas Bonus for Tanker Owners as Day Rates Jump 250% Above Average

(Bloomberg) — Oil-tanker rates have jumped for vessels hauling refined fuel cargoes from the Caribbean and Europe on strengthening export volumes from

November 5, 2012
Total Views: 32

Engineering News

Sembcorp Marine Reports Record Shipyard Backlog While Profit Figures Drop 48%

SINGAPORE–Sembcorp Marine Ltd. (S51.SG) Monday reported a 48.1% fall in its third quarter net profit as revenue fell due to lower recognition of rig

November 5, 2012
Total Views: 28

Finance

Macondo Tragedy Still Plagues Transocean Even as Revenue Jumps 23%

Transocean Ltd.’s (RIG, RIGN.VX) third-quarter loss widened as asset impairment and other items masked the offshore-drilling company’s revenue

November 5, 2012
Total Views: 66

Corporate News

10 hours ago

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

August 20, 2025

Anglo-Eastern selects Inmarsat’s NexusWave for Hadley Shipping Group

The agreement enables Hadley Shipping’s fleet under Anglo-Eastern’s technical management to upgrade to Inmarsat NexusWave.  Inmarsat Maritime, a Viasat company, has

Corporate News

10 hours ago

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

August 20, 2025

Anglo-Eastern selects Inmarsat’s NexusWave for Hadley Shipping Group

The agreement enables Hadley Shipping’s fleet under Anglo-Eastern’s technical management to upgrade to Inmarsat NexusWave.  Inmarsat Maritime, a Viasat company, has


Monday, November 5, 2012
Engines

Greek Shipowners Order MAN Dual-Fuel Engines for LNG Carrier Newbuilds

Athens-based ship owners, Alpha Tankers and Freighters International, have chosen MAN Diesel and Turbo dual-fuel engines for two 160,000 m³ LNG carriers

November 5, 2012
Total Views: 256

News

Seadrill Plans Liquidation of Tender Rig Fleet

KUALA LUMPUR–SapuraKencana Petroleum Bhd. (5218.KU) plans to acquire the tender rigs business of Norway’s SeaDrill Ltd. (SDRL.OS) for an

November 5, 2012
Total Views: 127

Sunday, November 4, 2012
Defense

US Navy Officially Tasked to Provide Disaster Relief to New York and New Jersey

Over the past few days it was unclear whether or not the US Navy would be officially tasked to provide disaster relief to New York and New Jersey.  It

November 4, 2012
Total Views: 76

Incidents

10 Libyan Migrants Perish After Boat Capsizes South of Sicily

Italian news company Corriere reported today a boat carrying Libyan migrants capsized in the Mediterranean Sea on Saturday while enroute to Lampedusa, an

November 4, 2012
Total Views: 20

Friday, November 2, 2012
News

Dozens of Tankers to Converge on New York as Demand for Fuel Skyrockets

(Bloomberg) — Tankers able to deliver almost 215,000 metric tons of gasoline are waiting outside New York Harbor to unload their cargoes after the worst

November 2, 2012
Total Views: 49

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Friday, November 2, 2012

Containerships Rerouted Away From Storm-Battered Northeast

Sandy-related troubles at the Port of New York and New Jersey are forcing carriers to divert their ships to other ports, disrupting the supply flow for

November 2, 2012
Total Views: 25

Ports

NOAA: Surveys Continue in Port of New York / New Jersey, Completed in Virginia [SURVEY MAP]

VIA NOAA COAST SURVEY NOAA Office of Coast Survey navigation response teams and other survey assets continue to survey in the Port of New York / New Jersey,

November 2, 2012
Total Views: 52

News

Sec’y Napolitano Issues Jones Act Waiver to Help Alleviate Fuel Crisis in US Northeast

US Department of Homeland Security Secretary Janet Napolitano has issued a Jones Act waiver to allow foreign-flagged ships from the Gulf of Mexico into ports

November 2, 2012
Total Views: 44

Questions Surround Fatal MT Pratibha Cauvery Grounding

A tanker grounding in India turned fatal on Wednesday after a lifeboat capsized in heavy surf  and now many are wondering why the Coast Guard wasn’t

November 2, 2012
Total Views: 189

USCG

USCG Launches Formal Investigation into Bounty Sinking

Rear Adm. Steven Ratti, the Coast Guard 5th District commander, ordered a district formal investigation Thursday to determine the cause of the sinking of the

November 2, 2012
Total Views: 42