gCaptain – Maritime and Offshore News

Creditors of South Korea's STX Offshore & Shipbuilding Co Ltd have decided to lend the debt-laden shipbuilder an extra 1.8 trillion won ($1.7 billion), two

The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options on Tuesday to keep the multibillion-dollar

The United States Navy frigate USS Taylor is being inspected for damage today after running aground last week in the Black Sea off Samsun, Turkey.

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

Jones Act-shipper Totem Ocean Trailer Express (TOTE) has selected Finnish engine manufacturer Wärtsilä to provide the LNG propulsion package for the

“Ship to shore connectivity has not kept pace with the unprecedented data access available ashore after the internet revolution, but things are changing

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

Considering the huge commercial impact marine bunkers have on ship owners and operators, ExxonMobil has put together the following list of

Halifax, Canada-based Irving Shipbuilding Inc. has added Davie Shipyard, the largest shipyard in Canada, to its lawsuit over the alleged mishandling of

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to

The U.S. Navy says crews have removed heavy oil, diesel fuel, and batteries from the grounded Japanese commercial fishing vessel Daiki Maru 7 in Guam's outer

The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose

Classification society Lloyd's Register has warned that the fire-scorched chemical tanker Maritime Maisie is in danger of breaking up more than 50 days after a

On the occasion of the Queen Mary 2’s 10th anniversary of her delivery from STX Europe, CUNARD Line’s Chief Naval Architect Dr. Stephen Payne,

Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public

Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to

Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

Following similar orders placed in November 2012 and August 2013, Norwegian OSV operator Siem Offshore has again reached out to Finnish engine manufacturer

Shanghai Zhenhua Heavy Industries (ZPMC) won a $400 million order over the weekend to build a pair of high specification Friede and Goldman JU-2000E jack-up

Here's a video of the January 29, 2014 launch ceremony of the MV Breeze at BAE Systems Southeast Shipyard in Jacksonville,

Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock