gCaptain – Maritime and Offshore News

In early 2012, Torm was carrying $1.9 billion of debt while lacking means to repay this debt.  A Chapter 11 filing and the painful process of restructuring

China unveiled plans to build more aircraft carriers after commissioning its first last

(Bloomberg) — The U.S. needs to act quickly to take advantage of overseas demand for its glut of natural gas or lose market share to international

The computer network on the U.S. Navy’s Littoral Combat Ship is vulnerable to hacking, a new report has

StealthGas Inc. (NASDAQ:GASS) announced today their plans to offer 8,000,000 shares of its common stock in order to partially fund the acquisition of five

By Nick Brown Last week I took part in the SEAaT Fuelling the Future Conference in London, chairing the afternoon session on future fuels. It was an

China's CITIC Pacific is delaying completion of its $8 billion Sino Iron project in Australia until late May because of engineering

The Damen Shipyards Galati-built tugs, SL Gabon and SL Libreville, were welcomed to the SMIT Lamnalco fleet at a ceremony at Port-Gentil, Gabon last week.  

Havila Shipping ASA announced today they have agreed with Fugro TSM in Perth, Australia to extend the firm contract period for the 2005/2007-built subsea

Höegh LNG announced today their 126,000 cubic meter LNG carrier, LNG Libra has been chartered by Spanish natural gas utilities company Gas Natural. The

April 22 (Bloomberg) — Exxon Mobil Corp., the world’s biggest energy company by market value, booked two tankers to haul oil to the U.S. Gulf Coast

FRANKFURT, April 23 (Reuters) – NordLB’s, one of the world’s top ten ship financiers, expects the shipping industry to have passed its

Investigators to look into the 400 boxes of dead anteaters found beneath the cargo hold

Long exposure going under the Fred Hartmann Bridge on the Houston Ship Channel. Image by Lou Vest/Oneighteen See more of his fantastic photography on his

 There are currently 94 LNG carrier new builds on order.  Here’s where they are being built, and who’s buying them. Data via: Petroleum

Clarkson Plc, the world’s largest shipbroker, began publishing new shipping rates, discontinued others, and revised historical ones to reflect changes

Deal marks Navios' entry into the container ship

In front of one of the most packed audiences of last week’s LNG 17 conference in Houston, Texas, ExxonMobil’s Chief Offshore Engineer, Ro Lokken,

The U.S. Coast Guard has closed a portion of the Mississippi River near St. Louis after 114 barges broke free late

New joint venture intends to search and recover polymetallic nodules found several kilometers beneath the ocean's

(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy

(Bloomberg) — MISC Bhd., the world’s second- largest shipper of liquefied natural gas, tumbled the most in 14 years in Kuala Lumpur stock trading

A fisherman pulls in his net as the 49k DWT product tanker, Alnasl Star transfers cargo at the northwestern Saudi Arabia port city of Duba on 20 April 2013.

OSLO, April 21 (Reuters) – Norway took a major step towards opening up an environmentally sensitive Arctic area to oil and gas exploration when the

By Lambros Papaeconomou, NYFEX Asset Management LLC Dry cargo shipping company Excel Maritime Carriers Ltd. (EXM) saw its share price drop almost 45%