gCaptain – Maritime and Offshore News


Tuesday, November 20, 2012
BT-UDS dynamic-positioned Ultra Deep Water (UDW) drillship

Vantage Drilling Invests in Drillship Joint Venture [UPDATE]

Vantage Drilling (NYSE: VTG) said Tuesday that the company has invested $31 million in a new joint venture established for the purpose of constructing a new,

Tuesday, November 20, 2012
Total Views: 101

splicing 3-strand
Blog

Now THAT’s a Fid! Workers Splice Bitter End of 20 Inch 3-Strand Hemp [IMAGE]

Either that or these guys are just very well-dressed, and very tiny shipyard workers.

November 20, 2012
Total Views: 330

Diana Shipping Q3 Results: Earnings Decline But It’s Not All Bad News

Diana Shipping Q3 Results: Earnings Decline But It’s Not All Bad News

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today reported a net income of

November 20, 2012
Total Views: 53

Marin Teknikk to Design New Subsea Vessel for Otto Candies
Shipbuilding

Marin Teknikk to Design New Subsea Vessel for Otto Candies

Louisiana-based Otto Candies said this week that it will be working with Norway’s Marin Teknikk on a new subsea support and construction vessel (SSCV) to

November 20, 2012
Total Views: 142

CSCL to Sell One Fifth of Total Container Capacity

CSCL to Sell One Fifth of Total Container Capacity

HONG KONG–China Shipping Container Lines Co. (2866.HK), or CSCL, plans to sell a fifth of its shipping containers for US$358.6 million to raise cash and

November 20, 2012
Total Views: 47

Badagry nigeria
News

APM Terminals Plans New Nigerian Mega-Port

APM Terminals and its consortium partners announced today their plans to carve out a huge new shipping port and Free Trade Zone from the Nigerian coastline at

November 20, 2012
Total Views: 142

Most Read

Featured

Qatar LNG Shutdown Sends European Gas Prices Surging Over 50%

Qatar shut down LNG production at the world's largest export facility after an Iranian drone attack, sending European gas prices surging over 50%.

Incidents

Russian LNG Carrier ‘Arctic Metagaz’ Reportedly Ablaze Off Malta as Maritime Patrol Aircraft Circles

An LNG carrier identified as the Arctic Metagaz, part of Russia’s emerging shadow fleet transporting sanctioned liquefied natural gas, was reportedly on fire

Featured

Russian ‘Shadow Fleet’ LNG Tankers Reroute After Blast Sinks ‘Arctic Metagaz’ in Mediterranean

Russia’s sanctioned Arctic LNG 2 export network is showing early signs of disruption after an explosion sank one of its shadow fleet carriers in the

News

Crew of Sanctioned Russian LNG Carrier Arctic Metagaz Found Alive After Fire Incident Off Malta

The crew of the sanctioned Russian LNG carrier Arctic Metagaz have been located alive after abandoning ship following a reported fire in the central

News

The First 36 Hours: Strait of Hormuz Becomes a War Zone, Tankers Hit, Shipping Giants Halt Gulf Transits

The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali


Tuesday, November 20, 2012
maersk handygas tanker
News

Maersk Sells off Fleet of Handygas Tankers

Maersk’s movement away from the shipping business continued ahead today with the sale of their entire Handygas tanker fleet to Navigator Gas.

November 20, 2012
Total Views: 48

Monday, November 19, 2012
front shanghai frontline vlcc tankers
News

Frontline 2012 Poised for Major Gains as Chinese Demand Hits Record Levels [REPORT]

(Bloomberg) — China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and

November 19, 2012
Total Views: 41

TV Crew Captures Deadly Platform Explosion on Video
Offshore

TV Crew Captures Deadly Platform Explosion on Video

A video surfaced Monday showing Friday morning’s explosion on board a production platform located just off the Louisiana coast in the US Gulf of

November 19, 2012
Total Views: 34

Brazil Subsidizes Uncertain Shipyard Success
Shipbuilding

Brazil Subsidizes Uncertain Shipyard Success

By Anna Miars, Unlike the samba beats that punctuate the late night air in Rio de Janeiro, it’s the clamor of construction equipment and hum of machinery

November 19, 2012
Total Views: 98

US Coast Guard Joins Costa Concordia Investigation

US Coast Guard Joins Costa Concordia Investigation

The U.S. Coast Guard on Monday said that it will be part of the Italian-led investigation into the fatal grounding of the Costa Concordia off the coast of

November 19, 2012
Total Views: 143

Most Read

Qatar LNG Shutdown Sends European Gas Prices Surging Over 50%
Featured

Qatar LNG Shutdown Sends European Gas Prices Surging Over 50%

Qatar shut down LNG production at the world's largest export facility after an Iranian drone attack, sending European gas prices surging over 50%.

Russian LNG Carrier ‘Arctic Metagaz’ Reportedly Ablaze Off Malta as Maritime Patrol Aircraft Circles
Incidents

Russian LNG Carrier ‘Arctic Metagaz’ Reportedly Ablaze Off Malta as Maritime Patrol Aircraft Circles

An LNG carrier identified as the Arctic Metagaz, part of Russia’s emerging shadow fleet transporting sanctioned liquefied natural gas, was reportedly on fire

Russian ‘Shadow Fleet’ LNG Tankers Reroute After Blast Sinks ‘Arctic Metagaz’ in Mediterranean
Featured

Russian ‘Shadow Fleet’ LNG Tankers Reroute After Blast Sinks ‘Arctic Metagaz’ in Mediterranean

Russia’s sanctioned Arctic LNG 2 export network is showing early signs of disruption after an explosion sank one of its shadow fleet carriers in the

Crew of Sanctioned Russian LNG Carrier Arctic Metagaz Found Alive After Fire Incident Off Malta
News

Crew of Sanctioned Russian LNG Carrier Arctic Metagaz Found Alive After Fire Incident Off Malta

The crew of the sanctioned Russian LNG carrier Arctic Metagaz have been located alive after abandoning ship following a reported fire in the central

The First 36 Hours: Strait of Hormuz Becomes a War Zone, Tankers Hit, Shipping Giants Halt Gulf Transits
News

The First 36 Hours: Strait of Hormuz Becomes a War Zone, Tankers Hit, Shipping Giants Halt Gulf Transits

The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali


Monday, November 19, 2012
Rongsheng Heavy CEO: “There is a need to shift our focus to the offshore and marine business”
Offshore

Rongsheng Heavy CEO: “There is a need to shift our focus to the offshore and marine business”

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over

November 19, 2012
Total Views: 58

international shipholding corporation
Finance

International Shipholding’s Acquisition of United Ocean Services On Track, Stock Offering Withdrawn

International Shipholding Corporation (NYSE: ISH) announced last week that in light of current market conditions, it has decided not to proceed with its

November 19, 2012
Total Views: 110

NS12-1 Parcels canada nova scotia offshore
News

BP Gains Exploration Foothold Offshore Nova Scotia

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced late last week that BP and Shell were the successful bidders for exploration licenses

November 19, 2012
Total Views: 167

maersk line idle containerships anchor
News

Utilization Rates are “Not Super” Yet Maersk Line Hopes to Raise Trans-Pacific Rates in 2013

(Bloomberg) — Maersk Line, the world’s biggest operator of container ships, expects rates to rise on trans-Pacific routes next month because of an

November 19, 2012
Total Views: 31

Sunday, November 18, 2012
safe boreas GVA 3000E
News

Prosafe Adds Another $295 Million to Their Tab at Jurong

Prosafe finalized a US$295.2 million contract today with Jurong Shipyard to build the second unit of a new generation harsh-environment accommodation

November 18, 2012
Total Views: 65

Corporate News

March 4, 2026

Austal contracts Damen as Partner for local construction of LST 100 vessels for the Australian Army

On Friday, 20 February, Austal Defence Australia and Damen Shipyards Group signed a contract supporting the local construction of Landing Ship Transport (LST) 100 vessels for the

February 25, 2026

NexusWave powers Vega Reederei’s new eco fleet with bonded connectivity

The ship owner will install Inmarsat Maritime’s bonded connectivity solution on new compact and environmentally focused cargo vessels this year: meeting requirements for

February 25, 2026

Supporting the evolution of safe efficient containership operations

Owners are responding to fleet and market dynamics with efforts to maximise cargo capacity for flexible operations, writes Christoph Rasewsky, Global Container Sector Lead, ABS

February 5, 2026

Damen announces successful sea trials for seventh BC Ferries’ Island Class

Damen Shipyards Group has announced the successful completion of sea trials for the latest Island Class ferry for BC Ferries. The seventh Island Class vessel in a series of

February 4, 2026

Floating the Carbon Solution: The Role of Offshore CO2 Injection and Storage Facilities

By Michael Kei, ABS Vice President, Technology Interest in carbon capture and storage (CCS) is accelerating as industries adapt to evolving regulatory expectations, customer

February 3, 2026

American Great Lakes Ports Launch Study to Expand Cargo Shipments Between Great Lakes and Inland Waterways

Unprecedented port partnership to assess economic opportunities and transportation benefits for enhancing connection between the nation’s two busiest inland shipping channels.

February 3, 2026

Inmarsat Maritime to deliver NexusWave connectivity across Auerbach fleet of newbuild heavy lift vessels

Fully managed bonded service delivery and unlimited high-speed connectivity align with performance expectations for Auerbach’s new generation of ultra-efficient heavy lift

February 3, 2026

Count down to CMA Shipping 2026: the global maritime meeting place in North America

The count down is on for this year’s highly anticipated CMA Shipping 2026 conference and exhibition taking place from 10–12 March 2026 at the Hilton Stamford Hotel

Corporate News

March 4, 2026

Austal contracts Damen as Partner for local construction of LST 100 vessels for the Australian Army

On Friday, 20 February, Austal Defence Australia and Damen Shipyards Group signed a contract supporting the local construction of Landing Ship Transport (LST) 100 vessels for the

February 25, 2026

NexusWave powers Vega Reederei’s new eco fleet with bonded connectivity

The ship owner will install Inmarsat Maritime’s bonded connectivity solution on new compact and environmentally focused cargo vessels this year: meeting requirements for

February 25, 2026

Supporting the evolution of safe efficient containership operations

Owners are responding to fleet and market dynamics with efforts to maximise cargo capacity for flexible operations, writes Christoph Rasewsky, Global Container Sector Lead, ABS

February 5, 2026

Damen announces successful sea trials for seventh BC Ferries’ Island Class

Damen Shipyards Group has announced the successful completion of sea trials for the latest Island Class ferry for BC Ferries. The seventh Island Class vessel in a series of

February 4, 2026

Floating the Carbon Solution: The Role of Offshore CO2 Injection and Storage Facilities

By Michael Kei, ABS Vice President, Technology Interest in carbon capture and storage (CCS) is accelerating as industries adapt to evolving regulatory expectations, customer

February 3, 2026

American Great Lakes Ports Launch Study to Expand Cargo Shipments Between Great Lakes and Inland Waterways

Unprecedented port partnership to assess economic opportunities and transportation benefits for enhancing connection between the nation’s two busiest inland shipping channels.

February 3, 2026

Inmarsat Maritime to deliver NexusWave connectivity across Auerbach fleet of newbuild heavy lift vessels

Fully managed bonded service delivery and unlimited high-speed connectivity align with performance expectations for Auerbach’s new generation of ultra-efficient heavy lift

February 3, 2026

Count down to CMA Shipping 2026: the global maritime meeting place in North America

The count down is on for this year’s highly anticipated CMA Shipping 2026 conference and exhibition taking place from 10–12 March 2026 at the Hilton Stamford Hotel


Sunday, November 18, 2012
west delta 32 platform fire
Incidents

Body of Missing Rig Worker Found, Grand Isle Shipyard Says Torch Not to Blame for Incident

GRAND ISLE, La.–Divers searching the Gulf of Mexico for two workers missing after an explosion on an oil platform recovered the body of one Saturday

November 18, 2012
Total Views: 278

maersk deliverer
Finance

Maersk Looks for Greener Pastures as Business Moves Away from Shipping

Denmark’s AP Moller-Maersk (MAERSK-A.KO, MAERSK-B.KO) will shift the focus of its business activity from shipping, choosing instead to concentrate on its

November 18, 2012
Total Views: 110

Flawless Crew Work Saves Bulk Carrier From Disaster [VIDEO]
Incidents

Flawless Crew Work Saves Bulk Carrier From Disaster [VIDEO]

Sometimes things don’t happen according to plan, and when you’re operating a big ship in a narrow channel such as the Panama Canal, a ship’s

November 18, 2012
Total Views: 75

Saturday, November 17, 2012
graham westgarth
News

Graham Westgarth Says Goodbye to Teekay

After 13 years with Teekay (NYSE:TK), Graham Westgarth, Teekay’s EVP for Innovation, Technology and Projects, has announced his intentions to resign

November 17, 2012
Total Views: 59

Friday, November 16, 2012
Gasoline Advances in New York as Jones Act Waiver Expires

Gasoline Advances in New York as Jones Act Waiver Expires

(Bloomberg) — Gasoline advanced for the first time in three days in New York Harbor as the waiver of shipping regulations following Hurricane Sandy

November 16, 2012
Total Views: 41

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.


Friday, November 16, 2012
Coast Guard: Search Suspended for Two Missing Crewmembers Following Platform Explosion, Photo Reveals Damage [UPDATE]
Offshore

Coast Guard: Search Suspended for Two Missing Crewmembers Following Platform Explosion, Photo Reveals Damage [UPDATE]

*UPDATE*  as of 5:25PM on 17 November:  The USCG has suspended its search for the 2 missing rig workers.  In the past 32 hours, 1,400 square miles of ocean

November 16, 2012
Total Views: 30

Tanker Supply at Seven-Month Low Seen Lifting Rates on China

Tanker Supply at Seven-Month Low Seen Lifting Rates on China

(Bloomberg) — The glut of oil tankers competing to load in the Persian Gulf dwindled to a seven-month low as China draws shipments, setting the

November 16, 2012
Total Views: 15

CMA CGM Marco Polo: Master and Chief Engineer On What It’s Like to Command the World’s Largest Containership

CMA CGM Marco Polo: Master and Chief Engineer On What It’s Like to Command the World’s Largest Containership

At 396 meters and the capacity to hold an astonishing 16,020 TEUs, the CMA CGM Marco Polo is now officially the world’s largest containership. The

November 16, 2012
Total Views: 222

Tribunal Will Hear Out Argentine Tall Ship Dispute
Navy

Tribunal Will Hear Out Argentine Tall Ship Dispute

BUENOS AIRES–The International Tribunal for the Law of the Sea has proposed holding hearings Nov. 29-30 in a dispute between Argentina and Ghana over a

November 16, 2012
Total Views: 29

Transpetro Gives EAS a Second Chance, Calls for the Construction of Four Tankers
Shipbuilding

Transpetro Gives EAS a Second Chance, Calls for the Construction of Four Tankers

RIO DE JANEIRO—-The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that it

November 16, 2012
Total Views: 35