gCaptain – Maritime and Offshore News


Monday, December 3, 2012
oaktree capital rickmers
News

Oaktree Capital and Rickmers Partner to Build at Least 8 New Eco-Container Ships

Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces

Monday, December 3, 2012
Total Views: 137

jurong shipyard accident jack up
Engineering News

Jack-Up Rig Tips Over at Jurong Shipyard, 89 Injured

Singapore’s Ministry of Manpower (MOM) has confirmed that all shipyard workers have been accounted for after a jack-up rig accident injured 89 at Jurong

December 3, 2012
Total Views: 107

gci group hong kong
Finance

Private Equity Firms Set Sights on Eco-Ships and the Distressed Shipping Market

(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher

December 3, 2012
Total Views: 81

assets of global central banks jefferies
Blog

Perspectives on the Global Economic Outlook – Dr. David Zervos

At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave

December 3, 2012
Total Views: 105

Sunday, December 2, 2012
uscg cutter halibut
Collision

US Coast Guardsman Killed in Hit-n-Run Collision with Alleged Drug Smuggler

U. S. Coast Guard Boatswain’s Mate Chief Petty Officer Terrell Horne died this morning from injuries sustained during a hit-and-run collision at sea

December 2, 2012
Total Views: 183

Saturday, December 1, 2012
chevron frade fpso
News

Chevron’s Frade FPSO to Restart Production as Brazilian Court Dismisses Injunction

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

December 1, 2012
Total Views: 180

Most Read

After U.S. Navy Standoff, Russian Tanker Finally Reaches Venezuela
Energy

After U.S. Navy Standoff, Russian Tanker Finally Reaches Venezuela

The Russian oil tanker Seahorse arrived in Venezuelan waters on November 23 AIS data show suggesting that initial reports last week of a U.S. Navy blockade

UK Strikes at Heart of Russia’s Arctic Energy Empire
Featured

UK Strikes at Heart of Russia’s Arctic Energy Empire

New maritime services ban threatens to sever lifeline for Yamal LNG exports By Paul Morgan (gCaptain) – In the frozen waters above the Arctic Circle, a

Indonesia to Auction US-Sanctioned Supertanker It Seized in 2023
Featured

Indonesia to Auction US-Sanctioned Supertanker It Seized in 2023

The Indonesian government is auctioning off a US-sanctioned supertanker and its cargo of crude oil for at least $70 million, according to government

Navy Cuts Constellation-Class Frigate Program Short as Shipbuilding Delays Mount
Defense

Navy Cuts Constellation-Class Frigate Program Short as Shipbuilding Delays Mount

The U.S. Navy announced Tuesday it is terminating four ships from its troubled Constellation-class frigate program before construction begins, marking a

Offshore Giants: The World’s Deepest Wells & Biggest Platforms
Sponsored

Offshore Giants: The World’s Deepest Wells & Biggest Platforms

When the first offshore well was drilled off the coast of Summerland, California, in 1896, few could have imagined just how far the industry would go. That


Saturday, December 1, 2012
task force one uss enterprise operation sea orbit
Navy

After 1,000,000 Nautical Miles and 51 Years at Sea, USS Enterprise (CVN 65) is Decommissioned

51 years after being commissioned into the US Navy’s fleet, USS Enterprise (CVN 65), the world’s first nuclear powered aircraft carrier, has seen

December 1, 2012
Total Views: 2417

Friday, November 30, 2012
emma maersk
Engineering News

Performance Optimization for the Commercial Shipping Market

Wärtsilä hosted a webinar yesterday on the subject of “Performance Optimization for the Merchant Marine Market” and it was moderated by Atte

November 30, 2012
Total Views: 118

U.S. Announces First-Ever Offshore Wind Energy Lease Sales

U.S. Announces First-Ever Offshore Wind Energy Lease Sales

The U.S. Department of The Interior today announced the nation’s first-ever lease sales for renewable energy development in two wind energy areas (WEAs)

November 30, 2012
Total Views: 39

Drewry: Shipbuilders Will Have to Fight for Survival Over Next Couple of Years
Shipbuilding

Drewry: Shipbuilders Will Have to Fight for Survival Over Next Couple of Years

Drewry Maritime Research’s latest Annual World Shipbuilding Market Review and Forecast highlights the bleak prospects that are facing the world’s

November 30, 2012
Total Views: 37

GulfMark Plans $150 Million Private Offering to Fund Vessel Construction

GulfMark Plans $150 Million Private Offering to Fund Vessel Construction

GulfMark Offshore, Inc. (NYSE:GLF) announced Friday it intends to offer $150 million in aggregate principal amount of its 6.375% Senior Notes due 2022 for sale

November 30, 2012
Total Views: 38

Most Read

After U.S. Navy Standoff, Russian Tanker Finally Reaches Venezuela
Energy

After U.S. Navy Standoff, Russian Tanker Finally Reaches Venezuela

The Russian oil tanker Seahorse arrived in Venezuelan waters on November 23 AIS data show suggesting that initial reports last week of a U.S. Navy blockade

UK Strikes at Heart of Russia’s Arctic Energy Empire
Featured

UK Strikes at Heart of Russia’s Arctic Energy Empire

New maritime services ban threatens to sever lifeline for Yamal LNG exports By Paul Morgan (gCaptain) – In the frozen waters above the Arctic Circle, a

Indonesia to Auction US-Sanctioned Supertanker It Seized in 2023
Featured

Indonesia to Auction US-Sanctioned Supertanker It Seized in 2023

The Indonesian government is auctioning off a US-sanctioned supertanker and its cargo of crude oil for at least $70 million, according to government

Navy Cuts Constellation-Class Frigate Program Short as Shipbuilding Delays Mount
Defense

Navy Cuts Constellation-Class Frigate Program Short as Shipbuilding Delays Mount

The U.S. Navy announced Tuesday it is terminating four ships from its troubled Constellation-class frigate program before construction begins, marking a

Offshore Giants: The World’s Deepest Wells & Biggest Platforms
Sponsored

Offshore Giants: The World’s Deepest Wells & Biggest Platforms

When the first offshore well was drilled off the coast of Summerland, California, in 1896, few could have imagined just how far the industry would go. That


Friday, November 30, 2012
star bulk carriers
Finance

Star Bulk’s Future Looks Very Grim, Reports $303 Million Impairment Charge

NASDAQ-listed Star Bulk Carriers Corp (SBLK) is looking at a pretty dismal future.  Their quarterly numbers they released today weren’t too bad

November 30, 2012
Total Views: 29

Sete Brasil’s Drillship Order a “Pleasant Surprise”
Shipbuilding

Sete Brasil’s Drillship Order a “Pleasant Surprise”

[Dow Jones] SembMarine’s (S51.SG) new drillship order from Sete Brasil for US$806 million was a pleasant surprise, Barclays says. “The seventh

November 30, 2012
Total Views: 22

Expanded Iran Sanctions Target Energy, Ports, Shipping and Shipbuilding Sectors
Shipbuilding

Expanded Iran Sanctions Target Energy, Ports, Shipping and Shipbuilding Sectors

(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed

November 30, 2012
Total Views: 37

osx brasil
News

OSX Shares Take a Big Hit After Brazilian Shipbuilding Plans Are Canned

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo

November 30, 2012
Total Views: 33

apm terminals los angeles
Interesting

“Logistics Nightmare” Grows off California Coast as Port Strike Disrupts Holiday Shipments

(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying

November 30, 2012
Total Views: 26

Corporate News

November 26, 2025

Damen and Windcat introduce Innovation Series – a new class of offshore support vessels

New Innovation Series follows successful Windcat CSOV introduction On 25 November 2025, at the Offshore Energy Conference in Amsterdam, Windcat signed a contract with Damen

November 18, 2025

Maersk chooses Charlotte, North Carolina for its  North American Headquarters

A.P. Moller-Maersk (Maersk) announced today that it has selected Charlotte  for its official North America headquarters, committing to add more than 500 jobs to Its current

November 17, 2025

Teijin Aramid launches Twaron Next®: world’s most sustainable para-aramid

Teijin Aramid introduced Twaron Next®, a high-performance para-aramid engineered with a clear focus on sustainability. The new material combines strength, durability, and thermal

November 12, 2025

Damen acquires UK-based I.M.E Group

Next step in development of UK services offering Damen has announced the acquisition of Southampton-based I.M.E Group Ltd. The acquisition follows close collaboration between the

November 6, 2025

Stena Bulk vessels deploy Inmarsat NexusWave as part of Northern Marine Management’s crew welfare strategy

The fully managed bonded connectivity solution will support NMM’s strategic communications vision on seafarer welfare, recruitment and retention Inmarsat Maritime, a Viasat

November 5, 2025

Damen unveils Combi Freighter 5000 ICE

Ice class vessel enables cost efficient, low emission ice class operations Damen Shipyards Group has unveiled the latest platform in its successful cargo vessels portfolio. The

November 4, 2025

Polaris Founder Launches Maritime PR Guide as Sector Moves Into Spotlight

Polaris media founder Ben Pinnington launches new maritime PR book urging maritime business to harness sector’s new high profile  The global maritime industry is being urged to

November 4, 2025

Irving OmniLift® Shiplift Advances to Equipment Production on largest Shiplift in North America

This milestone reflects Bardex’s commitment to precision, reliability, and on-time project delivery. Bardex, in partnership with Irving Shipbuilding, Inc., today announced

Corporate News

November 26, 2025

Damen and Windcat introduce Innovation Series – a new class of offshore support vessels

New Innovation Series follows successful Windcat CSOV introduction On 25 November 2025, at the Offshore Energy Conference in Amsterdam, Windcat signed a contract with Damen

November 18, 2025

Maersk chooses Charlotte, North Carolina for its  North American Headquarters

A.P. Moller-Maersk (Maersk) announced today that it has selected Charlotte  for its official North America headquarters, committing to add more than 500 jobs to Its current

November 17, 2025

Teijin Aramid launches Twaron Next®: world’s most sustainable para-aramid

Teijin Aramid introduced Twaron Next®, a high-performance para-aramid engineered with a clear focus on sustainability. The new material combines strength, durability, and thermal

November 12, 2025

Damen acquires UK-based I.M.E Group

Next step in development of UK services offering Damen has announced the acquisition of Southampton-based I.M.E Group Ltd. The acquisition follows close collaboration between the

November 6, 2025

Stena Bulk vessels deploy Inmarsat NexusWave as part of Northern Marine Management’s crew welfare strategy

The fully managed bonded connectivity solution will support NMM’s strategic communications vision on seafarer welfare, recruitment and retention Inmarsat Maritime, a Viasat

November 5, 2025

Damen unveils Combi Freighter 5000 ICE

Ice class vessel enables cost efficient, low emission ice class operations Damen Shipyards Group has unveiled the latest platform in its successful cargo vessels portfolio. The

November 4, 2025

Polaris Founder Launches Maritime PR Guide as Sector Moves Into Spotlight

Polaris media founder Ben Pinnington launches new maritime PR book urging maritime business to harness sector’s new high profile  The global maritime industry is being urged to

November 4, 2025

Irving OmniLift® Shiplift Advances to Equipment Production on largest Shiplift in North America

This milestone reflects Bardex’s commitment to precision, reliability, and on-time project delivery. Bardex, in partnership with Irving Shipbuilding, Inc., today announced


Thursday, November 29, 2012
Petrobras Cancels 5-Rig Contract with Ocean Rig
News

Petrobras Cancels 5-Rig Contract with Ocean Rig

SAO PAULO–Brazilian government-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled plans to hire five drilling rigs

November 29, 2012
Total Views: 50

Damen Adds Rescue Gear Ship to 11-Vessel Order from Royal Australian Navy
Shipbuilding

Damen Adds Rescue Gear Ship to 11-Vessel Order from Royal Australian Navy

Damen Shipyards says it has finalized an 11-vessel order for Australia’s DMS Maritime that has culminated with an order for a Rescue Gear Ship which will

November 29, 2012
Total Views: 308

Dockwise Says Boskalis Offer is Undervalued

Dockwise Says Boskalis Offer is Undervalued

AMSTERDAM–Dutch sea-transporting company Dockwise Ltd. (DOCKW.AE) said Thursday that Monday’s offer price by Dutch dredging company Royal Boskalis

November 29, 2012
Total Views: 67

Strike Cripples Ports of Los Angeles and Long Beach
Ports

Strike Cripples Ports of Los Angeles and Long Beach

A strike by clerical workers at the ports of Los Angeles and Long Beach continued Thurdsay, shutting down nearly all cargo movements into and out of the United

November 29, 2012
Total Views: 38

frontline tankers
News

Frontline Misses Wall Street Estimates, VLCC Sector Improvement Could be Short-Lived

(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though

November 29, 2012
Total Views: 31

gCaptain-jobs
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.


Thursday, November 29, 2012
nordlb
Finance

German Lender NordLB Squeaks Out a Profit, However No End in Sight to Shipping Crisis

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher

November 29, 2012
Total Views: 37

zim monaco shipping puma ocean racing
News

Zim Shipping Wants to Split, Israeli Government Stands in the Way

(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating

November 29, 2012
Total Views: 52

Wednesday, November 28, 2012
Espadon Jurong Drillship Design
Engineering News

Sete Brasil Orders 7th Brazilian-Built Drillship from Sembcorp Marine

Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete

November 28, 2012
Total Views: 171

NTSB: Coast Guard’s Post-Accident Drug and Alcohol Testing Standards Are Too Lax
USCG

NTSB: Coast Guard’s Post-Accident Drug and Alcohol Testing Standards Are Too Lax

The National Transportation Safety Board on Tuesday issued a recommendation to the U.S. Coast Guard that would subject Coast Guard personnel involved in

November 28, 2012
Total Views: 118

U.S. Navy Testing Carrier-Based Unmanned Aircraft
Navy

U.S. Navy Testing Carrier-Based Unmanned Aircraft

As China starts landing jets on its first aircraft carrier, the U.S. Navy is preparing to test take offs and landings of carrier-based unmanned aircraft, a

November 28, 2012
Total Views: 98