gCaptain – Maritime and Offshore News

By Randy Fabi JAKARTA, March 14 (Reuters) – Indonesia’s leading oil and gas shipper PT Berlian Laju Tanker reached a deal with creditors to

(Bloomberg) — Exxon Mobil Corp., the largest U.S. oil company, said North America may be able to export 15 percent of its natural gas output and 5

At 396-meters long and weighing in at a 250,000 tonnes, you’d think that having to do an emergency tow of the world’s largest containership would

Update: The fire has reportedly reduced in size by approximately 30 percent, and there are no reports of oil in the water.  The Coast Guard says that

MSS Global, as an accredited certification body recognized by the private security industry, has selected the first two Private Maritime Security Companies

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, is bidding to build jackup

Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation vessels, announced today they have has been awarded a USD $137.5

After reporting two straight years of losses, and nearly 24 months without a single shipbuilding contract, Singapore-based Otto Marine has just been awarded a

d’Amico International Shipping S.A. announced yesterday the signing of new build contracts with Hyundai Mipo Dockyard for a pair of 50,000 DWT Medium

LR-classed Alexandros and Aristotelis are the first of five new 5,000 teu super-efficient new ships, all to be delivered from HHI Gunsan by June 2013, that

CORK, IRELAND – Chemical and product tanker specialist Ardmore Shipping has named the two newest vessels to join its fleet, the Ardmore Seavaliant and

(Bloomberg) — China Cosco Holdings Co., the nation’s biggest shipping company, may raise as much as 27 billion yuan ($4.3 billion) selling assets

Lockheed Martin on Tuesday announced plans to develop and manufacture liquified natural gas fuel tanks for initial use on ships as the defense and aerospace

By Jane Sutton MIAMI BEACH, Fla., March 12 (Reuters) – Carnival Corp has launched a comprehensive review of its entire fleet after a fire crippled one of

By Rob Sheridan March 12 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil declined amid speculation

This week, back in 1993, was one of the most intense East Coast Storms ever seen. Early on March 13, 1993 an unusually severe extratropical low moved ashore

Singapore’s Keppel Corporation said Tuesday that it has terminated a deal with Ukraine’s state-run oil and gas company, Naftogaz, that called for

COPENHAGEN, March 12 (Reuters) – The world’s biggest container shipping company Maersk Line and its rivals are expected to fail in an attempt on

(Bloomberg) — The worst start to a year for freight rates is leading one of the creators of shipping derivatives to bet on a recovery as owners of

(Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, climbed the most in more than four months in Oslo trading after winning a $1.5 billion