After suffering massive losses over the past year, and with more losses forecasted amid terrible drybulk and tanker markets, Mitsui OSK Lines’ President
Maersk Line’s Chief Commercial Officer Lucas Vos announced his intentions to resign today from the Copenhagen-based shipping giant. “Lucas Vos has
(Bloomberg) — China’s exports rose 25 percent in January from a year earlier while imports increased 28.8 percent, resulting in a trade surplus of
DHAKA (Reuters) – A ferry carrying more than 50 people sank on Bangladesh’s giant Meghna River on Friday after colliding with a sand barge and
Here is a good shot of cargo hold 4 & 3 of one of Maersk’s new Triple-E containerships currently under construction at DSME shipyard in South Korea.
A recent market screening conducted by Swedish energy firm Swedegas has revealed significant interest in liquefied natural gas (LNG) throughout Sweden’s
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American forces have counted nearly 1,000 commercial vessel transits in and out of the Strait of Hormuz in the last two months, according to an official
A U.S. Navy-operated autonomous surface vessel (ASV) built by Saronic rescued two U.S. Army aviators after their AH-64 Apache helicopter crashed off the coast
For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic
Last weekend’s launch of a ro-ro cargo vessel at a riverside shipyard in Wuhan may not have commanded the same attention as an Airbus A320 rolling off
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief
(Bloomberg) — Tankers that carry about half of the refined oil products transported by sea will lose money for the next five years as an oversupply of
A group of lawmakers this week announced the establishment of a new congressional caucus focused on raising awareness amongst members of Congress on a broad
The Sea Shepherd Conservation Society has severed the fuel supply to Japanese whaling ships in Southern Ocean as this season’s campaign to stop
(Bloomberg) — The rally in rates to ship liquefied natural gas may end as winter demand subsides and a shortage of cargoes curbs trading to profit from
SINGAPORE – SMOE, a wholly-owned subsidiary of Sembcorp Marine, announced today they have secured a contract worth about S$900 million from Det norske
American forces have counted nearly 1,000 commercial vessel transits in and out of the Strait of Hormuz in the last two months, according to an official
A U.S. Navy-operated autonomous surface vessel (ASV) built by Saronic rescued two U.S. Army aviators after their AH-64 Apache helicopter crashed off the coast
For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic
Last weekend’s launch of a ro-ro cargo vessel at a riverside shipyard in Wuhan may not have commanded the same attention as an Airbus A320 rolling off
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief
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By Jonathan Saul LONDON (Reuters) – Iran has taken delivery of several new tankers from Chinese shipyards, giving it greater flexibility in maintaining
(Bloomberg) — Iran, which dropped two places to become India’s fourth-largest crude supplier last year, may lose $2.5 billion of revenue as global
A 29-person lifeboat belonging to the late MS Olivia bulk carrier has washed ashore in southern Australian, nearly 2 years – and about 5,000 miles
The operation to remove the grounded USS Guardian from a reef in the Philippines may take months, the state-run Philippines News Agency reported Wednesday.
ATHENS (Reuters) – Greek ships sailed again from the busy ports of Piraeus and Rafina on Wednesday after the government ordered seamen to end a six-day
In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.
Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking
VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people
Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that
The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,
Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%
To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects
In an industry first, ABS has launched the ABS SeaTech Innovation Exchange, consisting of two advanced technology centers in Athens, Greece, and Houston, Texas, focused on
In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.
Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking
VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people
Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that
The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,
Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%
To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects
In an industry first, ABS has launched the ABS SeaTech Innovation Exchange, consisting of two advanced technology centers in Athens, Greece, and Houston, Texas, focused on
Sea Tankers announced Wednesday that pirates have released their product tanker M/T Gascogne after stealing part of the ships cargo and that all 17 crew
UAE-based shipyard Lamprell announced today that it has been awarded a newbuild contract from Dev Drilling for the construction and delivery of a completely
By Anurag Kotoky and A. Ananthalakshmi BANGALORE, Feb 6 (Reuters) – China’s role in operating a strategically important port in Pakistan is a
(Bloomberg) — Fred Olsen Energy ASA, a Norwegian offshore drilling company, dropped to a three-week low in Oslo as higher-than-expected cost increases in
(Bloomberg) — Earnings for the biggest oil tankers on the benchmark route shipping Saudi Arabian crude to Japan will rise 48 percent this year to average
Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.
Royal Caribbean on Tuesday said it has cut the first steel in the construction of two of its new “Project Sunshine” ships, marking a major step in
During an ICS Board meeting held Tuesday in London, members of the International Chamber of Shipping (ICS) expressed their frustrations with Italy for failing
By David Ljunggren OTTAWA, Feb 5 (Reuters) – Canada’s offshore petroleum boards are not equipped to cope with a major spill, the country’s
![UPDATED: Watch Iran’s $40 Million Gas Platform Sink in the Persian Gulf [VIDEO]](https://gcaptain.com/wp-content/uploads/2013/02/Screen-shot-2013-02-03-at-2.14.38-PM.png)
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
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