gCaptain – Maritime and Offshore News

Aug. 22 (Bloomberg) — China National Offshore Oil Corp., parent of the nation’s biggest offshore energy explorer Cnooc Ltd., is seeking to raise $3

It's been just two days since the bulk carrier MV Smart ran aground on a South African beach, but the incident is already being coined as the biggest salvage

The ocean research group OCEARCH landed a 14-foot 2-inch, 2,300 lb. immature female Great White Shark yesterday off the coast of Cape Cod.  It’s the

Beachgoers in Russia got a little more than they bargained for when a massive military hovercraft made an unexpected landing on a crowded beach. Only in

A photo collection from the grounding and attempted salvage of the MV Kiani Satu on a South African

LONDON, Aug 21 (Reuters) – Libya’s Marsa al Brega port, which local sources said reopened on Tuesday, may handle oil cargoes in the next few days,

Farstad Shipping has announced today the signing of a NOK 825 million newbuild contract with VARD for a Subsea IMR vessel. Farstad notes the hull will be built

Ardmore Shipping Corporation (NYSE:ASC) signed newbuild contracts today with Fukuoka Shipbuilding for four 25,000 dwt IMO 2 eco-design product & chemical

Aug. 21 (Bloomberg) — Glencore Xstrata Plc Chief Executive Officer Ivan Glasenberg said mining-industry peers are responding to his call to restrain

SYDNEY, Aug 21 (Reuters) – Australian mining mogul Clive Palmer says his oil and gas business has identified what could be one of the world’s

Update (21 August) – As of 0400 local time, the Kiani Satu has sunk according to a statement by the Kynsna Municipality in South Africa. She went down in

China Oilfield Services Limited (COSL) has announced the purchase of two GustoMSC CJ46 jack-up drilling rigs which are currently under construction at China

The first four gates for the Panama Canal's new, larger locks have arrived in Colon, Panama in what is being called a major milestone in the expansion of the

Chilean shipper Compania Sud Americana de Vapores on Tuesday kicked off a share offering, which it hopes will raise about $330 million -- an amount short of

Three of eight tankers bought by Dimitris Cambis that the U.S. Treasury said helped Iran evade sanctions were sold for demolition, according to data from IHS

Bollinger Shipyards in Lockport, Louisiana has announced the delivery of the seventh Fast Response Cutter to the U.S. Coast Guard. Named CHARLES DAVID JR, the

Eight people were injured, one of them seriously, after an explosion and fire struck a U.S. Navy ammunitions depot near the New Jersey shore on Tuesday, Navy

Floatel International announced today the signing of their fifth semi-submersible accommodation newbuild contract with Keppel FELSs. The order adds USD $280

KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, created a unit to lend to the maritime industry, including assets such as drilling

A bulk carrier has run aground and has broken up along the east coast of South Africa near Richards

Aug. 20 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil producer, will recommend using Royal Dutch Shell Plc’s floating

DUBAI, Aug 20 (Reuters) – The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and

The following question was posted today in the gCaptain Forum: One of the suggested ignition sources for the Deepwater Horizon explosion was that the No. 3

SINGAPORE –  20 August 2013 – The Maritime Labour Convention, 2006, also known as the “Seafarers Bill of Rights” has officially

Aug. 20 (Bloomberg) — Wilbur Ross, the billionaire investor in struggling industries, says Chinese limits on shipbuilding will help the cargo market