Environmental Rules Will Cost Ship Owners a Half Trillion Dollars
June 4 (Bloomberg) — Shipping faces $500 billion in extra costs to meet environmental legislation at a time when a rout in rates has become so severe
June 4 (Bloomberg) — Shipping faces $500 billion in extra costs to meet environmental legislation at a time when a rout in rates has become so severe
Oslo-based shipping firm Belships ASA has placed an order for two fuel efficient Supramax bulk carriers from Imabari Shipbuilding Co. Ltd. The design provided
Tired of staid common shares? Looking to spice up your day-trading life? How about some Series-B Cumulative Redeemable Perpetual Preferred Shares? (I cannot
Ulstein Group's next generation, harsh environment IMR vessel, M/V Seven Viking, has taken home the prestigious "Ship of The Year" award at the 2013
Congress will take a close look at the Pentagon’s $34 billion Littoral Combat Ship program and may consider restrictions on the Navy’s $2 billion
Over the weekend we posted a somewhat scary video of a cameraman getting a face full of wood at a unidentified ship launch. The video quickly went viral, but
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
The U.S. Senate voted on Monday to make only a minor change in the main U.S. global food aid program, rebuffing President Barack Obama's call for the biggest
West African heads of state will meet, maybe as soon as this month, to adopt a code to fight growing piracy in their coastal waters that would include use of
By Alexander Healey Panama finally reveals what happened to three bulkers lost in 2010. But little action is being taken to improve safety for seafarers. Ever
Some 35,000 maritime professionals from all over the world are expected to descend on Oslo, Norway this week for the Nor-Shipping 2013 conference. “This
Back in March, we posted a video showing a rather high risk ferry docking at a Greek island port in less-than-ideal conditions. Here is another video
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
The U.S. Coast Guard is again investigating a collision involving a tanker in Texas that resulted in some damage, but thankfully no pollution. The USCG said
Navios Maritime Holdings LP is seeking a $250 million term loan to refinance debt and fund the acquisition of new vessels, sources
June 3 (Bloomberg) — A freight trader operating more than 40 vessels offered to lease ships for no charter income and pay toward fuel costs as the
(Reuters) STX Group, formerly Ssangyong Heavy Industries, shares tumbled on Monday morning after an official at Woori Bank said the company is considering a
(Bloomberg) The U.S. and Japan called for increased dialogue with China to prevent miscalculations in waterways vital to world trade as territorial
(Bloomberg) Two BP Plc (BP/) well-site leaders who were aboard the Deepwater Horizon drilling rig when an explosion killed 11 workers and triggered the
Not entirely sure what went wrong here, or when/where this film was shot, but hopefully whoever took this video is ok.
As reported earlier this week, tragedy struck offshore Escravos, Nigeria on Sunday 26 May when the anchor handling tug Jacson 4 sank in heavy weather. Divers
Iran is storing 30 million barrels of crude at sea as sanctions hinder exports and projects that would allow it to build onshore facilities to hold oil,
The contract includes options to build four additional
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.
Rolls-Royce said Friday that the first vessel based on the companies award-winning, highly efficient “Environship†design has been delivered to its
A collision Thursday between a tanker and bulk carrier off the coast of Galveston caused damage to both ships, but no injuries or pollution have been
(Bloomberg) — Congress should consider slowing funding for the Navy’s Littoral Combat Ship because the Pentagon is buying vessels faster than it
LONDON, May 31 (Reuters) – Lloyds Banking Group is looking to sell an estimated $500 million tranche of its shipping loans as it continues to shrink its
8 months after the first plate of steel was cut, Flensburger Schiffbau-Gesellschaft (FSG) shipyard has launched the 210 meter-long ConRo ferry Oceanex
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up