gCaptain – Maritime and Offshore News

5 February Update: Ahmad Ghalehbani, Managing Director of the Iranian National Oil Company said in a translated statement that recovering the sunken jacket of

Like all commercial vessel owners, the Washington State Ferries’ (WSF) most significant expense is fuel.  As the largest ferry operator in North

Like most mariners, I like to be prepared for the unexpected. This doesn’t mean I’m building a survival bunker in my backyard, and I don’t

Overseas Shipholding Group Inc. (OSGIQ), the largest U.S. tanker operator, won approval to borrow $25 million to maintain ships and to make payments to two

Maersk Line’s Palle Laursen, Head of Ship Management for the Danish liner company, provides us with this latest update on the Emma Maersk, which suffered

(Bloomberg) — Oil tankers designed to navigate Egypt’s Suez Canal are getting the most cargoes in at least three years as Iraq fills a void left

Pangea LNG announced today that they have been granted a long-term, multi-contract authorization by the U.S. Department of Energy (DOE) to export liquefied

By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels

French shipping group, CMA CGM, on Monday confirmed that on January 24, the CMA CGM Marco Polo arrived in Ningbo, China, marking the last stop in her maiden

On May 28, 2008, Adam LeWinter and Director Jeff Orlowski filmed a historic breakup at the Ilulissat Glacier in Western Greenland. The calving event lasted for

An intense hurricane force storm is forecast to move from south of Iceland towards the coast of Norway on Monday with a large area of winds forces 10-12 (50-70

By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers had this year’s second-biggest increase on stronger bookings of ships to haul

By Anupama Chandrasekaran CHENNAI, India, Jan 30 (Reuters) – The eight Indian crew members on board the MV Amina had no inkling they were trapped on the

Update: Port officials from the port of Abidjan have confirmed that the M/T Gascogne was in fact hijacked by pirates while in international waters. Ivory Coast

Stena Bulk A/B and palm oil production giant Golden Agri-Resources Ltd (GAR) announced today they have set up a new 50-50  joint venture to take over four

Egypt will award a license to import liquefied natural gas within two weeks as the nation’s users prepare to buy in the fuel for the first time. Egyptian

(Bloomberg) — MISC Bhd., the world’s second-largest liquefied natural gas shipper, surged the most in more than 14 years in Kuala Lumpur stock

With the shipping industry facing its toughest market conditions seen in about a quarter century, the London-based International Chamber of Shipping (ICS)

By Environment Correspondent Alister Doyle OSLO, Feb 4 (Reuters) – Plans by Arctic nations to start cooperating over oil spills are vague and fail to

The Crane barge, SMIT Borneo, arrived off the coast of Palawan province in the Philippines from Singapore today.  This vessel will be used to remove USS

By Brooke Sutherland (Bloomberg) — The International Longshoremen’s Association agreed to a new labor contract, ending 11 months of negotiations

UPDATE: Emma Maersk out for months, Maersk Line says. Original: The mighty Emma Maersk, once the world’s largest containership by TEU capacity, was

Skeletal remains, blue coveralls, and a sun-bleached life jacket emblazoned with the words SAIGON QUEEN were recently found on a beach in the Maldives.

(Bloomberg) — Losses widened for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, as a surplus of

In an interview with CNN, Maersk Group CEO Nils Anderson discusses the ever-changing, and difficult world of global shipping and the newly evolving Chinese