gCaptain – Maritime and Offshore News


Thursday, November 8, 2012
opec logo
News

OPEC to Increase November Oil Shipments by 640,000 Barrels Per Day

Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with

Thursday, November 8, 2012
Total Views: 72

borgholm dolphin
Multimedia

Borgholm Dolphin Receives 12 Month North Sea Contract, Plus Cool Storm Video

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, received a letter of intent today for the provision of the accommodation semi-submersible

November 8, 2012
Total Views: 142

britoil psv ulstein
News

Britoil Jumps into PSV Market with Pair of Ulstein X-Bows

Singapore-based shipowner Britoil Offshore Services Pte Ltd. entered into a contract today with the Ulstein Group for the design and equipment packages for two

November 8, 2012
Total Views: 212

Wednesday, November 7, 2012
clarksons
News

Clarkson Plc Shares the Pain of the Shipping Industry, Takes Big Hit on the London Stock Exchange

(Bloomberg) — Clarkson Plc, the world’s largest shipbroker, plunged the most since 2009 after saying this year’s earnings will be lower than

November 7, 2012
Total Views: 128

uss arleigh burke ddg-51
Defense

With a $2 Billion Yearly Fuel Bill, the US Navy is Looking at Reinventing the Engine

– By Donna McKinney, US Navy Research Laboratory With its strong dependence on gas-turbine engines for propulsion, the U.S. Navy is always looking for

November 7, 2012
Total Views: 260

Petrobras Former Refining Head Taps Investors for Brazilian Shipyard
Shipbuilding

Petrobras Former Refining Head Taps Investors for Brazilian Shipyard

(Bloomberg) — The former head of Petroleo Brasileiro SA’s refining division is negotiating with a group of investors to build a shipyard in

November 7, 2012
Total Views: 47

Most Read

Featured

U.S. Declares Blockade Effective as First Ships Turned Back from Iranian Ports

The United States says its newly announced maritime blockade targeting Iranian ports is already taking hold, with U.S. Central Command reporting that no

Featured

U.S. Turns Back Ten Ships as Iran Port Blockade Holds, Tankers Test Limits

The United States says its maritime blockade of Iranian ports is continuing to hold, with U.S. Central Command reporting that ten vessels have been turned

Featured

U.S. Blockade Draws New Red Lines in Strait of Hormuz Crisis

The United States is moving to blockade maritime traffic tied to Iran, marking a sharp escalation in the Strait of Hormuz crisis and introducing a new layer of

Featured

Iran War Pushes U.S. to Brink of Net Oil Exporter Status Not Seen Since WWII

The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand

Defense

NATO Allies Refuse to Join U.S. Hormuz Blockade, Deepening Rift With Trump

NATO allies said on Monday they would not get involved in U.S. President Donald Trump's plan to blockade the Strait of Hormuz, proposing instead to


Wednesday, November 7, 2012
Paragon Shipping Delays Newbuild Deliveries

Paragon Shipping Delays Newbuild Deliveries

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay

November 7, 2012
Total Views: 23

Norovirus Outbreak Takes Down 350 On Celebrity Constellation

Norovirus Outbreak Takes Down 350 On Celebrity Constellation

A Celebrity Cruises cruise ship has been delayed in Southhampton after 350 passengers came down with suspected cases of the industry’s most feared

November 7, 2012
Total Views: 95

kensington vlcc tanker supertanker knightsbridge
Finance

Knightsbridge Tankers Battered By Huge Impairment Losses and Abysmal Day Rates

Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets.  With

November 7, 2012
Total Views: 80

paul hilton humpback whale
News

South Korea Considers ‘Scientific’ Whaling, Greenpeace Responds

By Jeonghee Han, Greenpeace Last summer Korea shocked the international community by announcing it would start ‘scientific’ whaling. Surprised by

November 7, 2012
Total Views: 66

yemen lng terminal lngc
News

Need LNG? Yemen Is Looking for Buyers

Yemen plans to start negotiations with foreigner buyers of its liquefied natural gas to raise LNG prices in an effort to increase the impoverished

November 7, 2012
Total Views: 63

Most Read

U.S. Declares Blockade Effective as First Ships Turned Back from Iranian Ports
Featured

U.S. Declares Blockade Effective as First Ships Turned Back from Iranian Ports

The United States says its newly announced maritime blockade targeting Iranian ports is already taking hold, with U.S. Central Command reporting that no

U.S. Turns Back Ten Ships as Iran Port Blockade Holds, Tankers Test Limits
Featured

U.S. Turns Back Ten Ships as Iran Port Blockade Holds, Tankers Test Limits

The United States says its maritime blockade of Iranian ports is continuing to hold, with U.S. Central Command reporting that ten vessels have been turned

U.S. Blockade Draws New Red Lines in Strait of Hormuz Crisis
Featured

U.S. Blockade Draws New Red Lines in Strait of Hormuz Crisis

The United States is moving to blockade maritime traffic tied to Iran, marking a sharp escalation in the Strait of Hormuz crisis and introducing a new layer of

Iran War Pushes U.S. to Brink of Net Oil Exporter Status Not Seen Since WWII
Featured

Iran War Pushes U.S. to Brink of Net Oil Exporter Status Not Seen Since WWII

The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand

NATO Allies Refuse to Join U.S. Hormuz Blockade, Deepening Rift With Trump
Defense

NATO Allies Refuse to Join U.S. Hormuz Blockade, Deepening Rift With Trump

NATO allies said on Monday they would not get involved in U.S. President Donald Trump's plan to blockade the Strait of Hormuz, proposing instead to


Wednesday, November 7, 2012
floatel superior njord a platform
News

Workers Evacuate Floatel Superior Rig Off Norwegian Continental Shelf [UPDATE]

Workers on board the Floatel Superior operating on the Norwegian Continental Shelf had a rude awakening on Wednesday when they were forced to muster at their

November 7, 2012
Total Views: 139

Tuesday, November 6, 2012
Investors File Class Action Against Overseas Shipholding Group
Finance

Investors File Class Action Against Overseas Shipholding Group

After Overseas Shipholding Group, Inc. (NYSE:OSG) announced last month they were considering filing for Chapter 11 bankruptcy protection, their stock took a

November 6, 2012
Total Views: 41

Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested
Incidents

Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested

The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been

November 6, 2012
Total Views: 146

Diana Containerships Buys NOL Panamax for $30 Million

Diana Containerships Buys NOL Panamax for $30 Million

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, announced Tuesday that it has signed a

November 6, 2012
Total Views: 30

harad vlcc bahri
News

$1.3 Billion Merger Deal Signed, Vela and Bahri to Combine Tanker Fleets

At the end of June, the National Shipping Company of Saudi Arabia (Bahri) announced plans to merge with Saudi ARAMCO’s shipping arm, Vela International,

November 6, 2012
Total Views: 35

Corporate News

13 hours ago

ABS and UNITED WATERWAYS Announce Planned Joint Venture to Advance Maritime Training

ABS and UNITED WATERWAYS (UW) have signed a letter of intent to establish a joint venture with River Academy, UW’s training and education subsidiary, to support crew competence

April 15, 2026

ABS and Alfred Maritime to Advance Fleet Operations and Safety for Cruise Vessels

ABS and Alfred Maritime GmbH have signed a memorandum of understanding (MOU) to explore technical projects that benefit cruise operators, vessels, crews and passengers. The MOU

April 13, 2026

VIKING Helix Shapes Simpler, Easier Ship Evacuation At Speed

A new generation marine evacuation system (MES) from VIKING Life-Saving Equipment offers a faster exit for passengers, simpler operation for crew and easier service for cruise and

April 13, 2026

Immersion Suit Rises To Challenge For Faster Protection

Donning speed for emergency situations is a primary attraction of a new immersion suit from VIKING Life-Saving Equipment that is made to measure up to US-specific

April 9, 2026

Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

March 20, 2026

Damen launches tenth Island Class ferry for BC Ferries

At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries

March 16, 2026

Safety without compromise: Inmarsat’s commitment to global safety services

When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical

Corporate News

13 hours ago

ABS and UNITED WATERWAYS Announce Planned Joint Venture to Advance Maritime Training

ABS and UNITED WATERWAYS (UW) have signed a letter of intent to establish a joint venture with River Academy, UW’s training and education subsidiary, to support crew competence

April 15, 2026

ABS and Alfred Maritime to Advance Fleet Operations and Safety for Cruise Vessels

ABS and Alfred Maritime GmbH have signed a memorandum of understanding (MOU) to explore technical projects that benefit cruise operators, vessels, crews and passengers. The MOU

April 13, 2026

VIKING Helix Shapes Simpler, Easier Ship Evacuation At Speed

A new generation marine evacuation system (MES) from VIKING Life-Saving Equipment offers a faster exit for passengers, simpler operation for crew and easier service for cruise and

April 13, 2026

Immersion Suit Rises To Challenge For Faster Protection

Donning speed for emergency situations is a primary attraction of a new immersion suit from VIKING Life-Saving Equipment that is made to measure up to US-specific

April 9, 2026

Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

March 20, 2026

Damen launches tenth Island Class ferry for BC Ferries

At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries

March 16, 2026

Safety without compromise: Inmarsat’s commitment to global safety services

When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical


Tuesday, November 6, 2012
HMS Bounty Crewmembers Speak in an Exclusive Interview with ABC [VIDEO]
News

HMS Bounty Crewmembers Speak in an Exclusive Interview with ABC [VIDEO]

In an exclusive interview with ABC’s Good Morning America today, the crew of the ill-fated tall ship Bounty speak. Here’s what they had to say.

November 6, 2012
Total Views: 62

alexander the great vlcc supertanker
News

VLCC Market Oversupplied by Nearly 20 Percent, and Still Losing Money

(Bloomberg) — A glut of the largest oil tankers in the Persian Gulf was poised to remain unchanged for a second week, a Bloomberg News survey showed.

November 6, 2012
Total Views: 145

Port of Savannah Receives Final Approval to Go Deeper
Ports

Port of Savannah Receives Final Approval to Go Deeper

The Georgia Ports Authority (GPA) has received final approval for its long-awaited harbor deepening, which will allow the Port of Savannah to more efficiently

November 6, 2012
Total Views: 28

hms bounty fuel leak sinking uscg
News

The Disconnect Between Professional Mariners and Recreational Boaters over the Bounty Tragedy

Ever since the Bounty sank off Cape Hatteras last week a fiery online debate has literally raged. It’s a tragic event that pretty much everyone who has

November 6, 2012
Total Views: 80

wartsila 26 medium speed diesel engine
Engineering News

Wärtsilä Wins Kuwaiti Order for Over Two Dozen Marine Engines

Wärtsilä announced today the winning of a significant order from the Kuwait Oil Company to supply 28 engines for 14 new vessels under construction at

November 6, 2012
Total Views: 250

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gCaptain-jobs

Find Your Next Opportunity

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.


Monday, November 5, 2012
Coast Guard Crews Recount Heroic HMS Bounty Rescue – USCG
USCG

Coast Guard Crews Recount Heroic HMS Bounty Rescue – USCG

By LT Stephanie Young, Coast Guard Compass Blog As Hurricane Sandy approached land, the HMS Bounty and 16 sailors aboard were in dire need of help. More than

November 5, 2012
Total Views: 259

VLCC Charter Rates Rise as Supply of Vessels Remains Stable

VLCC Charter Rates Rise as Supply of Vessels Remains Stable

(Bloomberg) — Charter rates rose for the largest tankers hauling Middle East oil to Asia on the industry’s busiest trade route as the supply of

November 5, 2012
Total Views: 34

Five Killed in Gas Leak On Board LPG Carrier
Incidents

Five Killed in Gas Leak On Board LPG Carrier

Update: The Times of India has reported that the five sailors died of asphyxiation as a result of the gas leak. Original: Five crew members of an

November 5, 2012
Total Views: 111

TUI Cruises Confirms Order for Second 2,500 Passenger Newbuild

TUI Cruises Confirms Order for Second 2,500 Passenger Newbuild

Germany’s TUI Cruises confirmed Monday that the company has ordered a second 2,500 passenger cruise ship from STX Finland. The 99,300 GRT cruise ship

November 5, 2012
Total Views: 93

triangulation tanker market
News

Pre-Christmas Bonus for Tanker Owners as Day Rates Jump 250% Above Average

(Bloomberg) — Oil-tanker rates have jumped for vessels hauling refined fuel cargoes from the Caribbean and Europe on strengthening export volumes from

November 5, 2012
Total Views: 35