gCaptain – Maritime and Offshore News

A.P. Moller-Maersk is "100 percent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since

The cost of shipping LPG headed for the biggest weekly gain on record as surging U.S. exports of the cooking fuel and chemicals feedstock sap vessel

Deal signed to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt

Gas carriers accounted for the highest share of total shipping investment last year since 2005, according to Clarkson Plc, the world’s largest

Investors in Songa Offshore (SONG:OSLO) reacted positively today to comments made by interim CEO and Chairman of the Board, Jens A Wilhelmsen.  Share prices

(Bloomberg) — Rates for iron-ore carriers fell for a sixth day on speculation Chinese steel mills are drawing on stockpiles instead of imports, according

Ships are seen anchored in Karnafuli river before cyclone Mahasen approaches in Chittagong May 16, 2013.

Six Russian crewmembers killed in fire in port of Wakkanai in

Mitsubishi Heavy Industries, Ltd. (MHI) announced today an agreement with Mitsui O.S.K. Lines, to build a Sayaendo-series liquefied natural gas (LNG) carrier.

d’Amico International Shipping S.A. (Borsa Italiana: DIS), announced today that it has exercised its option to purchase two additional 50,000 DWT

While not many of us were noticing, the U.S. Navy was off the coast of Virginia on Tuesday, changing the game of naval aviation forever.

A $180 million contract to dredge Miami's harbor was awarded to Great Lakes Dredge & Dock on Thursday, part of a plan to deepen the port channel to handle

May 15 (Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, said its first-quarter loss almost halved as freight rates

Israel is betting its economic future on high-tech exports but faces a low-tech bottleneck in state-owned ports subject to work stoppages and slowdowns because

(Bloomberg) — Rates to ship liquefied natural gas fell to the lowest in almost two years as the opportunity to profit from shifting cargoes to Asia

I was at the Rayburn Building on Capitol Hill today attending a brief given by ICF International’s Harry Vidas in front of members of the

The prospect of major delays reoccurring in South Africa’s ports due to labour unrest appears to be increasingly likely as workers in a range of sectors

The U.S. Navy on Tuesday accepted delivery of the first Mobile Landing Platform, USNS Montford Point (MLP 1), from General Dynamics-NASSCO in San Diego,

Transocean’s ultra-deepwater semisubmersible rig, Sedco Express (EXS), coordinated an at-sea firefighting rescue of the crew of a bunkering tanker

Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker

Zhejiang shipyard has delivered the PSV Sea Flyer, the first of 12 Ulstein PX105 PSVs ordered by Seatankers

Reports indicate the four-tugboat fleet based in Boston, which was previously owned by Constellation Maritime (FOSS), has been acquired by New York-based

FRANKFURT, May 15 (Reuters) – Hamburg Süd, Germany’s second-largest shipping group, said on Wednesday it did not expect to resume merger talks

Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, said it will add more fuel-efficient ships this year to pare costs as a

Taiwan imposed sanctions against the Philippines on Wednesday, rejecting as unacceptable a Philippine apology for the killing of a fisherman from Taiwan last