gCaptain – Maritime and Offshore News


Friday, March 22, 2013
grain ship bulk carrier export dry cargo
News

South American Grain Continues to Support Panamax Rates, Capesize Ships Take Another Hit

By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed

Friday, March 22, 2013
Total Views: 76

BW Utik vlcc supertanker tanker
News

VLCC Charter Rates Show First Decline in 3 Weeks

(Bloomberg) — Charter rates for the largest oil tankers on the industry’s busiest trade route declined for the first time in three weeks amid

March 22, 2013
Total Views: 88

WATCH: Replacing Z-Drives Onboard the USCGC Barbara Mabrity
Interesting

WATCH: Replacing Z-Drives Onboard the USCGC Barbara Mabrity

Continuing with our streak of timelapse videos this week – we’ve already seen Building the World’s Largest Ship in 50,000 Pics and 1100-Ton

March 22, 2013
Total Views: 236

ABS, Maersk Line, and GasLog Discuss Efficient Shipping
Engineering News

ABS, Maersk Line, and GasLog Discuss Efficient Shipping

At the Connecticut Maritime Association “Shipping 2013” conference this week, the American Bureau of Shipping hosted an energy efficiency

March 22, 2013
Total Views: 38

FPSO Cidade de Angra dos Reis MV22 modec
News

MODEC Announces Partners for FPSO Cidade de ITAGUAÍ MV26 Project Off Brazil

TOKYO – MODEC announced today that Mitsui & Co., Mitsui O.S.K. Lines, and Marubeni Corporation have agreed to invest in a MODEC-operated, long-term

March 22, 2013
Total Views: 128

duncan type 45 destroyer bae systems
Defense

BAE Systems Delivers Sixth Type 45 Destroyer

PORTSMOUTH – The sixth and final Type 45 destroyer, DUNCAN, has been delivered to HM Naval Base Portsmouth by BAE Systems and will be handed over to the

March 22, 2013
Total Views: 178

Most Read

Featured

Iran Seizes Chinese-Owned ‘Floating Armory’ Ship Near Hormuz

Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security

Featured

Greek-Operated Tanker Breaks Through Hormuz Gridlock

A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this

Featured

Iran Launches Official ‘Persian Gulf Strait Authority’ Account, Declares Unauthorized Hormuz Transit ‘Illegal’

The Iranian-backed Persian Gulf Strait Authority (PGSA) has officially launched a public presence on X, marking the clearest effort yet by Tehran to formalize

Shipping

The Strait of Hormuz Crisis Is Cracking the Petrodollar System

The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming

Energy

UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027

The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the


Friday, March 22, 2013
maersk
News

Overcapacity Trumps Rate Hike Plan, Maersk Shares Fall

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, fell the most in four days in Copenhagen as freight rates out of China

March 22, 2013
Total Views: 47

Thursday, March 21, 2013
Breaking: Italian Marines Return to India
News

Breaking: Italian Marines Return to India

By Andrew Davis and Chiara Vasarri March 21 (Bloomberg) — Two Italian marines charged with killing fishermen will return to India to stand trial in a bid

March 21, 2013
Total Views: 48

UNCLOS 1982, the Italo-Indian Flap, and the Law of Unintended Consequences
Piracy

UNCLOS 1982, the Italo-Indian Flap, and the Law of Unintended Consequences

UPDATE (Mar. 21): Italian Marines Agree to Return to India to Stand Trial, Diffuse Diplomatic Row By John A.C. Cartner, Special to Piracy Daily Amidst all

March 21, 2013
Total Views: 53

nigeria lng edo ship
Shipbuilding

Nigeria LNG to Sign Six-Ship Deal with Samsung, Hyundai

By Chijioke Ohuocha LAGOS, March 21 (Reuters) – Nigeria Liquefied Natural Gas Company (NLNG) will sign agreements this week with South Korea’s

March 21, 2013
Total Views: 69

circassia frontline tankers crude oil tanker
News

VLCC Market Rises on Greater Japanese Demand, Owners Still Struggling to Survive

By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings,

March 21, 2013
Total Views: 38

Most Read

Iran Seizes Chinese-Owned ‘Floating Armory’ Ship Near Hormuz
Featured

Iran Seizes Chinese-Owned ‘Floating Armory’ Ship Near Hormuz

Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security

Greek-Operated Tanker Breaks Through Hormuz Gridlock
Featured

Greek-Operated Tanker Breaks Through Hormuz Gridlock

A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this

Iran Launches Official ‘Persian Gulf Strait Authority’ Account, Declares Unauthorized Hormuz Transit ‘Illegal’
Featured

Iran Launches Official ‘Persian Gulf Strait Authority’ Account, Declares Unauthorized Hormuz Transit ‘Illegal’

The Iranian-backed Persian Gulf Strait Authority (PGSA) has officially launched a public presence on X, marking the clearest effort yet by Tehran to formalize

The Strait of Hormuz Crisis Is Cracking the Petrodollar System
Shipping

The Strait of Hormuz Crisis Is Cracking the Petrodollar System

The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming

UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027
Energy

UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027

The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the


Thursday, March 21, 2013
norden
Interesting

Norden Captain: “Hey Look, No Engines!”

Nord Integrity Captain Cut the Power and Drifted for Days to Save Fuel By Isaac Arnsdo (Bloomberg) — A tanker owned by D/S Norden A/S, Europe’s biggest

March 21, 2013
Total Views: 47

WATCH: Building the World’s Largest Ship in 50,000 Pics
Interesting

WATCH: Building the World’s Largest Ship in 50,000 Pics

This timelapse, produced by Discovery Channel and Maersk Line, shows the construction of Maersk Line’s first Triple-E containership at the DSME

March 21, 2013
Total Views: 164

Israel’s Zim Struts to Big Loss
News

Israel’s Zim Struts to Big Loss

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

March 21, 2013
Total Views: 27

Wednesday, March 20, 2013
Amazon Founder Raises Apollo 11 F-1 Engines from Atlantic Ocean
Blog

Amazon Founder Raises Apollo 11 F-1 Engines from Atlantic Ocean

On July 16, 1969, the world watched as the historic Apollo 11 mission took off from the Kennedy Space Center in Cape Canaveral, Florida, which of course ended

March 20, 2013
Total Views: 172

WATCH: 1100-Ton Car Ferry Superstructure Placed Onto Hull
Interesting

WATCH: 1100-Ton Car Ferry Superstructure Placed Onto Hull

This timelapse video comes to us via Vigor Industrial, which is building Washington State’s new 144-car ferries at their Seattle shipyard. On March 5,

March 20, 2013
Total Views: 79

Corporate News

May 14, 2026

IEA supports digital transformation of Glaciar Pesquera fisheries fleet with Inmarsat NexusWave roll-out

Inmarsat Maritime, a Viasat company, has worked with its Argentinian partner Ingenieros Electrónicos Asociados (IEA) to implement NexusWave for Glaciar Pesquera to support the

May 13, 2026

An answer to many questions

The Damen Fuel Flexible Tugs range is prepared for the future – whatever it may hold The numerous new regulations facing the industry in recent years leave no room for doubt

May 12, 2026

Greek operators meet evolving connectivity demands with Inmarsat NexusWave

Inmarsat’s fully managed multi-network connectivity service is facilitating fleetwide digital transformation for a growing cohort of Greek ship owners and managers.

April 30, 2026

Underestimated Risks of Coconut Oil Cargoes

Coconut oil is not immediately associated with risk, but its carriage can release toxic vapours and cause oxygen depletion in enclosed spaces. Manish Nayyar, Senior Loss

April 29, 2026

ABS Acquires RMC Global to Strengthen Cyber, Risk and Resilience Capabilities

ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity,

April 29, 2026

FarSounder Celebrates 25 Years of Innovation in Marine Navigation

FarSounder marks its 25th anniversary in 2026, celebrating a quarter-century of advancing marine navigation technology and improving safety at sea. Since its founding, the company

April 24, 2026

Damen and UK Dredging sign contract for advanced TSHD

Damen Shipyards Group and Associated British Ports (ABP), the UK’s largest port operator, have signed a contract for the construction of a new Trailing Suction Grab Hopper

April 23, 2026

ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore

In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and

Corporate News

May 14, 2026

IEA supports digital transformation of Glaciar Pesquera fisheries fleet with Inmarsat NexusWave roll-out

Inmarsat Maritime, a Viasat company, has worked with its Argentinian partner Ingenieros Electrónicos Asociados (IEA) to implement NexusWave for Glaciar Pesquera to support the

May 13, 2026

An answer to many questions

The Damen Fuel Flexible Tugs range is prepared for the future – whatever it may hold The numerous new regulations facing the industry in recent years leave no room for doubt

May 12, 2026

Greek operators meet evolving connectivity demands with Inmarsat NexusWave

Inmarsat’s fully managed multi-network connectivity service is facilitating fleetwide digital transformation for a growing cohort of Greek ship owners and managers.

April 30, 2026

Underestimated Risks of Coconut Oil Cargoes

Coconut oil is not immediately associated with risk, but its carriage can release toxic vapours and cause oxygen depletion in enclosed spaces. Manish Nayyar, Senior Loss

April 29, 2026

ABS Acquires RMC Global to Strengthen Cyber, Risk and Resilience Capabilities

ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity,

April 29, 2026

FarSounder Celebrates 25 Years of Innovation in Marine Navigation

FarSounder marks its 25th anniversary in 2026, celebrating a quarter-century of advancing marine navigation technology and improving safety at sea. Since its founding, the company

April 24, 2026

Damen and UK Dredging sign contract for advanced TSHD

Damen Shipyards Group and Associated British Ports (ABP), the UK’s largest port operator, have signed a contract for the construction of a new Trailing Suction Grab Hopper

April 23, 2026

ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore

In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and


Wednesday, March 20, 2013
Dapeng Sun lng carrier

China Venture to Order Six LNG Carriers

Jasmine Wang and Aibing Guo (Bloomberg) — China Shipping Development Co.’s venture will order six liquefied natural gas tankers worth about $1.2

March 20, 2013
Total Views: 72

BG Group
News

BG Group Signs Long Term LNG Contract with India

(Bloomberg) — BG Group Plc, the U.K.’s third- largest natural gas-producer, agreed to a long-term sale of liquefied natural gas to India. BG will

March 20, 2013
Total Views: 49

John Konrad
Blog

The Need to Reduce Complexity in the Maritime Industry

What do the Plimsoll Line, iPhone and Nathaniel Bowditch have in common? In the opening presentation of the Connecticut Maritime Association’s Shipping

March 20, 2013
Total Views: 75

VLCC mayfair
News

Knightsbridge Orders Pair of Capesize Bulkers, Sells VLCC

Knightsbridge Tankers announced today signed contracts for a pair of 182,000 DWT Capesize bulk carriers new-builds from Japan Marine United Corporation (JMU).

March 20, 2013
Total Views: 69

Tuesday, March 19, 2013
Carnival Cancels More Cruises as Fleet Review Moves Forward
Interesting

Carnival Cancels More Cruises as Fleet Review Moves Forward

Carnival Cruise Lines said Tuesday that it is moving forward with the first implementation phase of a fleetwide operational review in wake of the Carnival

March 19, 2013
Total Views: 26

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.


Tuesday, March 19, 2013
Euronav Adds to 2012 Losses

Euronav Adds to 2012 Losses

Euronav said Tuesday that it has added an additional $32 million to its 2012 losses from the sale of its newbuild Suezmax tanker, the 157,648 dwt Cap Isabella,

March 19, 2013
Total Views: 45

Five-Ship Containership Order Cancelled at Samsung
Shipbuilding

Five-Ship Containership Order Cancelled at Samsung

Israeli container shipping line, ZIM, said Tuesday that it has reached an agreement with Samsung Heavy Industries of South Korea to cancel five newbuildings

March 19, 2013
Total Views: 40

11 Killed as Containership Sinks Off Eastern China
Incidents

11 Killed as Containership Sinks Off Eastern China

A containership identified as the MV GUANG YANG XIN GANG capsized and sank off the eastern coast of China on Monday, killing as many as 13 crewmembers. The

March 19, 2013
Total Views: 37

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

By Rob Sheridan (Bloomberg) — Frontline 2012 Ltd., the shipping company led by billionaire John Fredriksen, almost doubled the number of vessels

March 19, 2013
Total Views: 39

hapag-lloyd

Hapag-Lloyd Defers New Ship Deliveries After Posting Massive 2012 Losses

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of

March 19, 2013
Total Views: 18