gCaptain – Maritime and Offshore News

(Bloomberg) — A slump in the price of iron ore may be the catalyst for China to start importing more of the steelmaking raw material and for shipping

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in

(Bloomberg) — The owners of Scandlines, 3i Group Plc and Allianz Capital Partners GmbH, received three bids for the Danish-German ferry operator in a

After a $10.9 million loss in the first quarter this year, SEACOR Holdings’ (NYSE:CKH) Executive Chairman of the Board, Charles Fabrikant was justifiably

In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker

(Bloomberg) — BG Group Plc, the U.K.’s third-largest oil and gas producer, rose the most in almost a year after reporting production and liquefied

Recent controversy over Spain's impounding of a seemingly fortress-like vessel owned by a former British navy officer offers a window into some of the

"The Jones Act may be a protectionist anachronism, but there is no prospect of meaningful reform in the next few years." - By John

In October 2011, GDF SUEZ and CNOOC signed a cooperation agreement to work on a China-based LNG Floating Storage Regasification Unit project.  The basis of

“I am pleased with our results,” commented Angeliki Frangou, Chairman and CEO of Navios Acquisition on her company’s first quarter

The National Shipping Company of Saudi Arabia (Bahri) announced yesterday that it has accepted delivery of the Bahri Hofuf, a 26,000 DWT general cargo ship

By Andrew Callus LONDON, May 2 (Reuters) – Royal Dutch Shell’s 54-year old chief executive Peter Voser is to retire next year in a surprise early

MEXICO CITY, May 1 (Reuters) – Mexico’s Pemex on Wednesday said it is seeking to take a controlling stake in a Spanish shipyard with a view to

Obama's plan for food aid reform is opposed by... pretty much everyone. Shipping included.

Navy vessel rescues 17 in Yangon

Dolphins are one thing, but have you ever had a pod of Orcas play in your

Huntington Ingalls Industries (NYSE:HII) announced today they have been awarded a $487 million contract to build the sixth National Security Cutter (NSC) for

In 2004, Qatar was expanding their production trains of liquefied natural gas and founded Nakilat, the critical transportation link in Qatar’s global LNG

April 30 (Bloomberg) — State-backed Oil & Natural Gas Corp. and Oil India Ltd. are the leading joint bidders for the stake in a Mozambique gas field

Caterpillar Global Petroleum announced Monday that it has been awarded the contract from Estaleiro Enseada do Paraguaçu (EEP) to provide the diesel

A federal court in Hawaii has dismissed a lawsuit challenging the effectiveness of the Jones Act in the island state.

At the Center for Strategic and International Studies (CSIS) this morning, His Excellency Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources for the

Somali pirates have released six crewmembers from the Danish-flagged MV Leopard after more than two years in captivity.

Greek shipping companies are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, signed an initial accord with Royal Dutch Shell Plc to enable the