gCaptain – Maritime and Offshore News

ISTANBUL, Dec 4 (Reuters) – At least three people were killed and nine others were missing after a cargoship with a Ukrainian and Russian crew sank in a

Christian Waldegrave, Market Analyst from Teekay presents the factors that contributed to this year’s boost in tanker demand in the first half of the

The master and owners of Hong Kong-flagged bulk carrier Hope Star have been fined and had criminal convictions recorded by an Australian court following the

(Bloomberg) — The U.S. is importing the most ethanol in four years after the country’s worst drought in a half century drove corn prices to a

LOS ANGELES (Reuters) – Freighters with no place to unload their cargo lined up at anchorages off Los Angeles and Long Beach for a seventh day on Monday

The International Maritime Organization has agreed with international cruise industry recommendations requiring passenger safety drills to take place prior to,

Wärtsilä said Monday the company has been awarded a contract to provide the gas powered propulsion machinery and storage and handling systems for North

RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in

The world’s largest containership, CMA CGM’s M/V Marco Polo transited the Suez Canal over the weekend while on her maiden voyage from the Far East

Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces

Singapore’s Ministry of Manpower (MOM) has confirmed that all shipyard workers have been accounted for after a jack-up rig accident injured 89 at Jurong

(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher

At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave

U. S. Coast Guard Boatswain’s Mate Chief Petty Officer Terrell Horne died this morning from injuries sustained during a hit-and-run collision at sea

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

51 years after being commissioned into the US Navy’s fleet, USS Enterprise (CVN 65), the world’s first nuclear powered aircraft carrier, has seen

Wärtsilä hosted a webinar yesterday on the subject of “Performance Optimization for the Merchant Marine Market” and it was moderated by Atte

The U.S. Department of The Interior today announced the nation’s first-ever lease sales for renewable energy development in two wind energy areas (WEAs)

Drewry Maritime Research’s latest Annual World Shipbuilding Market Review and Forecast highlights the bleak prospects that are facing the world’s

GulfMark Offshore, Inc. (NYSE:GLF) announced Friday it intends to offer $150 million in aggregate principal amount of its 6.375% Senior Notes due 2022 for sale

NASDAQ-listed Star Bulk Carriers Corp (SBLK) is looking at a pretty dismal future.  Their quarterly numbers they released today weren’t too bad

[Dow Jones] SembMarine’s (S51.SG) new drillship order from Sete Brasil for US$806 million was a pleasant surprise, Barclays says. “The seventh

(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo

(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying