gCaptain – Maritime and Offshore News

By Yimou Lee HONG KONG, July 31 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , may sell some of its $1.6 billion in

July 31 (Bloomberg) — At Royal Dutch Shell Plc’s compound in the Nigerian city of Warri, the gate is locked, the grounds are empty and grass has

Houston-based deepwater well intervention firm, Helix Energy Solutions Group, Inc. (NYSE: HLX), has announced their plans to build the Q7000, their

The Bureau of Safety and Environmental Enforcement (BSEE) announced this afternoon that the drilling operation to permanently seal the well that blew out at

Europe’s busiest container terminals are seeing their margins put under pressure as they expand to cater to the world’s largest box ships at a time

In part two of my conversation with consultant, analyst and blogger Tim Farrar, we dive a little deeper into the undergrowth: what the High Throughput

The fire-scorched cargo vessel, MV Hansa Brandenburg, has reached Mauritius nearly two weeks after catching fire in the Indian

Images via Sri Lanka Navy While enroute to Zhangjiagang, China, the chemical tanker Fairchem Sabre responded to a distress call from an overcrowded trawler

A radio navigation research team from The University of Texas at Austin set out this summer to secretly coerce a 213-foot yacht off its course using a

2nd Officer Yaroslav Karetnikov of the Mærsk McKinney-Møller created a timelapse video of his ship’s maiden port call to Busan, South Korea. Watch it

Containership owners such as Maersk Line, CMA CGM, Seaspan, SinOceanic, Costamare, Ignazio Messina, Capital Shipmanagement, CIMC and others are all moving

Port Hedland is located in the North West Pilbara region of Western Australia and is the world’s biggest bulk export port by tonnage.  The port

July 30 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil and gas producer, may pull out of a deal to invest in Israel’s

Update: 2 August 2013- According to a comment on Facebook, two of the straps that secured the helicopter to the deck apparently broke in a strong gust, causing

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