gCaptain – Maritime and Offshore News

March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before

As forewarned in December, Chinese shipbuilder Rongsheng Heavy Industries, posted a 2012 loss of USD $92 million, the opposite of the $90 million profit they

(Bloomberg) — India’s JSW Group, controlled by the billionaire Jindal family, plans to spend 40 billion rupees ($736 million) to build its first

(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting

At the Connecticut Maritime Association conference last week in Stamford, Connecticut, I sat down with Peter Evensen, President and CEO of Vancouver-based

The U.S. Coast Guard has taken delivery of its fifth Fast Response Cutter (FRC) from Bollinger Shipyards in Lockport, Louisiana. The 154-foot cutter, named the

With all the bad press Carnival has been receiving lately, we figured they could use some good PR for once. Over the weekend Carnival Cruise’s Carnival

Japan’s Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding Co. have teamed up on a new company aimed at the large-scale design and marketing of

Talks of a merger between Germany’s largest container shipping companies have been suspended because terms of a deal could not be reached. Oetker Group,

SINGAPORE, March 25 (Reuters) – Demand for low sulphur bunker fuel in Singapore is expected to rise at least 20 percent this year, following tighter

According to Robert Bugbee, President of Scorpio Tankers, the answer to the eco-ship question can perhaps be found by considering the question, “Do you

(Bloomberg) — Centrica Plc, the U.K.’s largest household energy supplier, signed a 20-year deal to import natural gas from the U.S., securing

I suppose after racing on this boat, everyone on board can safely say that they’ve hit the pinnacle of their sailing career. I mean, what else could

NEW YORK, March 24 (Reuters) – Shares of cargo ship operator Seacor Holdings could climb as oil drilling in the Gulf of Mexico picks up, according to a

March 22 (Bloomberg) — Iceland, which issued its first oil and gas exploration licenses this year, will probably order more supply vessels from Norway as

By Daniel Fineren DUBAI, March 24 (Reuters) – Three big Qatari liquefied natural gas (LNG) deliveries should help replenish vital heating supplies for

By Balazs Koranyi and Victoria Klesty OSLO, March 24 (Reuters) – Middle East-style oil wealth combined with a generous Nordic welfare model is slowly

123 new jobs were posted on gCaptain this week… here they are: Ships Operations Officer – Chief Mate – Galveston, TX Marine Surveyor- Nigeria

By Joe Bavier ABIDJAN, March 23 (Reuters) – Ivory Coast has named a consortium of French industrial groups Bollore and Bouygues and Denmark’s

Rolls-Royce has signed a contract for the delivery of their Azipull propulsion and control system for the ‘ferry of the future’, a new vessel which

A ship owned by Bonny Gas Transport (BGT) berths near the Nigeria Liquified Natural Gas company (NLNG) near Finima village.  Image taken during an aerial tour

This is why I don’t shark dive. Here’s the description from the uploader: I went shark diving March 21st, 2013 for the first time in Gansbaai,

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

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

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