gCaptain – Maritime and Offshore News

In an emailed statement this morning that didn’t include any executive commentary, Scorpio Bulkers Inc. (NYSE: SALT) announced $1,171 million in

Vale S.A. notes today that it has suspended force majeure (FM) on a number of its iron ore sales contracts effective as of January 6th, 2014. FM was declared

Belgian shipping group Euronav said it planned to raise $350 million in a capital increase to pay for the 15 large crude carriers it bought from Denmark's

As the ice thickens in Thunder Bay, Canada underneath a polar vortex which has brought temperatures down to 26 degrees below F, and wind chills at negative 51

The Panama Canal Authority rejected claims from a group led by Sacyr SA, which has threatened to abandon expansion work if the waterway doesn’t meet a

DAKAR, Jan 5 (Reuters) – Senegal has seized a Russian trawler fishing illegally in its waters, the fisheries minister said on Sunday, as it seeks to curb

The United States is sending a heavy icebreaker to help free a Russian ship and a Chinese icebreaker gripped by Antarctic ice, the Coast Guard said on

A vortex of polar air has pushed its way into the northern plains of the United States this weekend bringing with it record-breaking cold temperatures and wind

Yesterday, the New York Times published an outstanding piece of journalism – A Speck in the Sea by Paul Tough. In it, Tough tells the story of John

Pirates in the Gulf of Guinea on Thursday unsuccessfully boarded an LPG tanker off Gabon marking the first piracy-related incident of 2014

An inspection of a 1.5 meter crack discovered in the main deck and outer hull of the MSC Monterey has shed light (and good news) on just what went wrong and

A Chinese icebreaker which has spent the last 10 days assisting a Russian expedition ship stuck in ice off Antarctica is now itself stuck in the ice,

Canada’s Joint Rescue Coordination Centre (JRCC) Halifax coordinated the rescue yesterday of an injured 23 year old crewmember from the 49.5 meter Ocean

Spain's government is pushing for talks to settle a dispute over $1.6 billion in cost overruns for expanding of the Panama Canal, a project led by Spanish

New IMO regulations call for major and mandatory improvements to safeguard lives during lifeboat drills and during real-life emergencies at sea. For more than

The Italian navy rescued more than 1,000 migrants in the 24 hours to Friday from boats trying to reach Europe, authorities said, as an immigration crisis that

The president of Panama said on Thursday he would go to Spain and Italy to put pressure on companies to honor contracts to expand his country's canal after the

A small town banker accused of stealing millions of dollars from investors before faking his own death was also on the hook for a hefty search and rescue bill

With 1,097 reviews, Captain John Trimmer's book on "How to Avoid Huge Ships" could very well be the most highly-reviewed maritime industry book on

A number of amendments to the International Convention for the Safety of Life at Sea (SOLAS), the International Convention for the Prevention of Pollution from

A helicopter from a nearby Chinese icebreaker has successfully rescued all 52 passengers from a Russian expedition vessel beset by ice since Christmas Eve. The

A group led by Sacyr SA threatened to abandon expansion of the Panama Canal if waterway managers don’t meet a cost overrun amounting to about half the

"Like CO2, plastic pollution in the ocean is everyone's problem," says Bjørn Haugland, DNV-GL's Chief Technology and Sustainability Officer. "And like CO2,

Floating production contractor BW Offshore announced today they have exercised a USD $83.4 million option to acquire the 320,000 dwt very large crude carrier

Repsol SA completed the sale of liquefied natural gas assets to Royal Dutch Shell Plc as the biggest Spanish oil company strengthens its balance