gCaptain – Maritime and Offshore News

Marking the one-year anniversary of his record breaking solo dive to Challenger Deep in the Mariana Trench, explorer and filmmaker James Cameron is donating

By Isaac Arnsdorf and Jasmine Wang March 27 (Bloomberg) — A Chinese supertanker able to haul 2 million barrels of crude sent a signal from Iran’s

The Captain and Second Officer of a German-owned cargo ship have been arrested in India and charged in connection to a fatal ship collision with an Indian

Four people were injured Tuesday night after a fire broke out at a Singapore shipyard. A statement from Singapore’s Ministry of Manpower said that the

HONG KONG, March 27 (Reuters) – China COSCO Holdings Co Ltd posted its second-largest yearly net loss of 9.6 billion yuan ($1.5 billion) in 2012 as its

(Reuters) – Indonesia-based oil and gas shipping company, PT Berlian Laju Tanker, filed for Chapter 15 creditor protection in a U.S. bankruptcy court on

March 26 (Bloomberg) — Transocean Ltd. properly maintained its Deepwater Horizon rig before the April 2010 blowout of a BP Plc well that set off the

(Bloomberg) — Stronger demand for iron ore and coal shipped by sea, led by record monthly steel production in China amid slowing fleet growth, is poised

SULU SEA – U.S. Navy and contracted salvage personnel embarked aboard M/V Jascon 25 have begun dismantling and sectioning the hull of the grounded mine

MSC Cruises on Saturday christened the latest addition to its luxury fleet, the MSC Preziosa, during a spectacular ceremony held in Genoa, Italy. The ship is

The U.S. Bristow Group announced today that the United Kingdom has awarded its British affiliate a new contract to provide civilian Search and Rescue services

Overall confidence levels in the shipping industry recovered to their highest level in two years in the three months ending February 2013, according to the

On Tuesday, SpaceX’s Dragon capsule detached from the International Space Station at 3:56am PT and splashed down safely almost 6 hours later about 200

By Steve Scherer ROME, March 26 (Reuters) – Italian Foreign Minister Giulio Terzi resigned on Tuesday over his government’s decision to return two

A jump in scrubber orders for Alfa Laval and Wartsila reflects a general trend of higher uptake of these systems. Finland’s Wartsila has received about

Brazilian shipbuilding and ship-leasing company OSX Brasil SA is in the process of raising a $265 million short-term loan due in 2014 from foreign investors to

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,