gCaptain – Maritime and Offshore News

Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut

At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer

Sometimes deck operations offshore don’t go as planned, which is why DP operators make a conscious effort to ensure that the sea floor below the ship is

The drought-depleted Mississippi River will remain safe for barge traffic at least for the next week and possibly until Jan. 26, as the U.S. Army Corps of

By Jim Efstathiou Jr. This week’s grounding of a rig off the coast of Alaska adds to a series of mishaps in Royal Dutch Shell Plc’s seven-year

DFDS, the Danish shipping and logistics company, confirmed Thursday that it is in fact negotiating with the struggling German shipyard P+S Werften concerning

The Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought

Royal Dutch Shell PLC (RDSA, RDSA.LN) has repaired a piece of safety equipment intended for its Arctic drilling program and will soon ask U.S. regulators to

*UPDATE* ZUG, SWITZERLAND-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it has reached an agreement with the U.S. Department of Justice to

South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies

Star Bulk Carriers Corp. (SBLK) reached an agreement with its lenders to defer up to $24 million of repayment obligations over the next two years. The

German shipyard Meyer Werft announced today the delivery of the Liquefied Natural Gas (LNG) tanker CORAL ENERGY to Rotterdam-based shipowner Anthony Veder.

Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday

STX Europe said Wednesday that it has completed a deal to sell off its STX Norway Florø AS and STX Norway Design Florø AS units to Westcon Group AS

Link: Previous Kulluk Update The U.S. Coast Guard and Royal Dutch Shell Plc were fighting 70 mile-per-hour winds and 40-foot swells as they tried to assess

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

SINGAPORE–After scrambling for years to secure space in Singapore’s onshore oil storage tanks, some of the biggest fuel oil traders in Asia are

Four people survived after a rescue helicopter crashed into the ocean off Copacabana Beach in Rio de Janeiro, Brazil. “The crew were saving the lives of

Following a meeting of its Insurance Committee on Tuesday, the International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant