gCaptain – Maritime and Offshore News

In Seaspan’s latest financial earnings report, CEO Gerry Wang broke the news about having placed a $550 million order for an undisclosed number of new

On July 15, the North Korea-bound cargo ship Chong Chon Gang was stopped by Panamanian authorities outside the Panama Canal.  Within the containers on board,

LONDON, July 29 (Reuters) – Transatlantic clean tanker rates were steady on Monday, although slower activity put the brakes on a recent rally. Rates for

The World Steel Association, whose members represent approximately 85% of world steel production, reported that world crude steel production for the 64

July 29 (Bloomberg) — Prince Alwaleed bin Talal, the billionaire owner of stakes in Citigroup Inc. and Time Warner Inc., has written publicly to Saudi

In the midst of heightening bunker fuel prices and regulatory pressures around dirty fuel and the resulting combustive emissions, the maritime industry is

A U.S. Coast Guard cutter was badly damaged Sunday after being struck by a barge while moored in Cordova,

Prospector Offshore Drilling S.A. (PROS) has announced today that their newbuild Freide & Goldman JU2000E jack-up rig, Prospector 5, has been awarded an

SINGAPORE, July 29 (Reuters) – Offshore marine services provider POSH Semco, controlled by Malaysia’s richest man Robert Kuok, is seeking to list

Swiber, a Singapore-based offshore construction firm announced today it has signed contracts worth approximately USD $435 million, plus $105 million in

On 16 July 2013, the 53,450 dwt bulk carrier Bridgegate was loaded with her cargo of bauxite at a port at the Rio Tinto alumina refinery in Gove, also known

It was reported on gCaptain last week, DNB ASA and Nordea Bank AB, two of the world’s largest shipping lenders, are seeing signs of an end to the

ROME, July 28 (Reuters) – The Italian coastguard has rescued 22 migrants from a boat which sank off the coast of Libya but more than 30 are still missing

UPDATE: The body of the bride-to-be Lindsey Stewart and the best man, Mark Lennon have both been recovered as of Sunday evening. The boat operator, Jojo K.

Nippon Yusen K.K., Japan’s biggest shipping line, and eight other maritime-car transporters were accused in a lawsuit by a Florida-based shipping

On July 25, 2013, President Barack Obama used Florida's Port of Jacksonville, or JAXPORT, as the backdrop to speak about the importance of manufacturing and

By Sarah O. Ladislaw, Center for Strategic and International Studies Ever since the U.S. Department of Energy (DOE) authorized a second project to export

Puerto Rico Resident Commissioner, Pedro Pierluisi, has proposed new legislation aimed at relaxing the U.S.-build requirement of the Jones Act for particular

By Renee Maltezou ATHENS, July 26 (Reuters) – Greek shipowner Victor Restis has been imprisoned pending trial on money laundering and embezzlement

Egyptian military aircraft patrolled the Suez Canal on Friday to ensure shipping was not disrupted during a day of rallies by supporters and foes of deposed

Teekay LNG Partners L.P. (NYSE:TGP) has announced that it has exercised two of its three existing options with Daewoo Shipbuilding & Marine Engineering

July 26 (Bloomberg) — Panalpina Welttransport Holding AG, the world’s fourth-largest seafreight forwarder by revenue, reduced its growth forecast

On 19 July, Brasil Terminal Portuário (BTP) received an Operating License to begin operations with its multipurpose terminal located on the right bank of

July 26 (Bloomberg) — BG Group Plc, the U.K.’s third- largest natural-gas producer, said Qatar will begin liquefied natural gas supplies at the end

By CDR Chris Rawley, U.S. Navy Reserve and LCDR Claude Berube, U.S. Navy Reserve Introduction The last decade has again reminded us that irregular warfare can