gCaptain – Maritime and Offshore News

(Bloomberg) — Charter rates for Capesize ships, which fell for a 14th session today, may rebound as increased export cargoes from Brazil compensate for

WASHINGTON — U.S. Coast Guard Commandant Adm. Bob Papp delivered the 2013 State of the Coast Guard Address at the National Defense University at Fort

NEW ORLEANS — The United States Coast Guard on Wednesday said it was responding to a report to an oil spill in the Gulf of Mexico following an allision

(Bloomberg) — A storm that closed Australian ports handling 43 percent of world iron-exports delayed as many as 74 vessels amid rain that might interrupt

U.S. President Barack Obama looks at the bow sections of the USS John Warner before speaking at Newport News Shipbuilding in Newport News, Virginia on February

MANILA – As weather condition seems to be fine near Tubbataha Reef, salvaging operation for the ill-fated USS Guardian that ran aground last month along

(Bloomberg) — Bergen Group ASA, a Norwegian shipbuilder and offshore services company, would consider offers for one or both of its two remaining

In the past 24 hours, Singapore-based shipbuilder Keppel Offshore & Marine has added $460 million to their backlog with 5 new projects. The orders consist

(Bloomberg) — Rates to ship liquefied natural gas will decline over the next three years as trade fails to keep pace with the construction of new

A United States Court of Appeals has confirmed what many mariners have been saying for years: that Paul Watson and the Sea Shepherd Conservation Society are

By Doug Helton, NOAA On January 17, 2013, the Navy mine countermeasures ship USS Guardian ran aground on a coral reef in the Philippines. Salvage experts

A federal judge in Washington, D.C. this week sentenced the Singapore-based container shipping company, Pacific International Lines (PIL), to pay $2.2 million

(Bloomberg) — Royal Dutch Shell Plc, the world’s largest supplier of liquefied natural gas, agreed to buy LNG assets from Repsol SA for $4.4

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc’s push to maximize profits and cut costs at the Macondo well was a “root

(Bloomberg) — The largest oil tankers will remain unprofitable for at least two more years as the fleet overwhelms slowing demand for crude imports,

Here is a feel good video to brighten up your day… … feel better? Via Sun

YENAGOA, Nigeria (Reuters) – Six foreign sailors were freed unharmed overnight by pirates who seized them off the coast of Nigeria’s oil-producing

Update: Tuesday updates show Rusty not deepening as fast as earlier forecasts, now expected to have max winds of 80 knots as it makes landfall just ENE of Port

By Jonathan Saul LONDON (Reuters) – Iran is using old tankers, saved from the scrapyard by foreign middlemen, to ship out oil to China in ways that avoid

(Bloomberg) — Singapore is the most likely hub for trading liquefied natural gas and reducing the government interference that keeps Asia’s prices

The disabled Emma Maersk has been successfully delivered to a Fincantieri yard in Palermo, Sicily, where she will undergo repairs to fix a broken stern

What happened to Bounty on the morning of October 29th, 2012? Finding out what went wrong and why, when things happened or didn’t, and who said what to

By Isaac Arnsdorf and Rob Sheridan (Bloomberg) — Shipping rates for iron ore are poised to double next quarter as Chinese steelmakers import extra

A high seas hit-n-run? We certainly hope not… The U.S. Coast Guard is seeking information from the public to help identify the source of a large debris

By Michelle Wiese Bockmann (Bloomberg) — Charters of oil tankers to haul crude to the U.S., the world’s biggest importer, jumped 65 percent during