gCaptain – Maritime and Offshore News


Thursday, November 8, 2012
yme platform sbm offshore
Engineering News

SBM Offshore to Get Yme Platform Fixed by Year End, Dispute Continues with Talisman

Dutch oil services company SBM Offshore NV (SBMO.AE) Friday confirmed earlier reports that said it will fix the faulty legs of its Yme oil and gas platform,

Thursday, November 8, 2012
Total Views: 94

oil storage tanks new jersey newark
News

Ship Brokers Cut Back Fuel Shipments to the US East Coast

(Bloomberg) — Gasoline shipments to the U.S. from Europe are poised to fall after inventories of the auto fuel swelled because of distribution

November 8, 2012
Total Views: 31

Maersk Hakata
News

VLCC Owners Eek Out a Tiny Smile as the Bleeding Stops, For Now

(Bloomberg) — Crude tankers shipping almost 20 percent of the world’s oil curbed seven weeks of losses as declining fuel costs helped owners

November 8, 2012
Total Views: 63

floatel superior evacuation statoil
Incidents

Floatel Superior Evacuates in a Snowy Gale with 10 Meter Waves

OSLO–Statoil ASA (STO, STL.OS) evacuated 336 people by helicopter from a housing platform in the Norwegian Sea in rough weather with gale force winds,

November 8, 2012
Total Views: 109

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

November 8, 2012
Total Views: 74

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: 144

Most Read

Featured

U.S. Begins Dismantling Major Ocean Observation Network

The U.S. National Science Foundation (NSF) has begun a major downsizing of one of the world’s largest ocean observing networks, announcing plans to

Featured

Davie Breaks Ground on $1 Billion Texas Shipyard Expansion for Coast Guard Icebreakers

Davie Defense officially broke ground Monday on a massive modernization of Gulf Copper’s shipyard facilities in Galveston and Port Arthur, Texas, marking the

News

MSC Containership Damaged in Apparent Attack Off Iraq

A Panama-flagged containership has been damaged in what appears to be the third reported attack off Iraq since the outbreak of the U.S.-Iran conflict in late

Featured

Tankers Gather Outside Persian Gulf in Wager on Hormuz Reopening

Some Greek oil tanker owners are moving their ships closer to the Persian Gulf in a bet that the vessels will soon be able to earn sky-high rates if the Strait

Featured

U.S. Looks to Unblock Hormuz With Quiet Version of Project Freedom

A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the Strait of Hormuz, the US military is


Thursday, November 8, 2012
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: 213

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: 129

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: 262

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

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: 25

Most Read

U.S. Begins Dismantling Major Ocean Observation Network
Featured

U.S. Begins Dismantling Major Ocean Observation Network

The U.S. National Science Foundation (NSF) has begun a major downsizing of one of the world’s largest ocean observing networks, announcing plans to

Davie Breaks Ground on $1 Billion Texas Shipyard Expansion for Coast Guard Icebreakers
Featured

Davie Breaks Ground on $1 Billion Texas Shipyard Expansion for Coast Guard Icebreakers

Davie Defense officially broke ground Monday on a massive modernization of Gulf Copper’s shipyard facilities in Galveston and Port Arthur, Texas, marking the

MSC Containership Damaged in Apparent Attack Off Iraq
News

MSC Containership Damaged in Apparent Attack Off Iraq

A Panama-flagged containership has been damaged in what appears to be the third reported attack off Iraq since the outbreak of the U.S.-Iran conflict in late

Tankers Gather Outside Persian Gulf in Wager on Hormuz Reopening
Featured

Tankers Gather Outside Persian Gulf in Wager on Hormuz Reopening

Some Greek oil tanker owners are moving their ships closer to the Persian Gulf in a bet that the vessels will soon be able to earn sky-high rates if the Strait

U.S. Looks to Unblock Hormuz With Quiet Version of Project Freedom
Featured

U.S. Looks to Unblock Hormuz With Quiet Version of Project Freedom

A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the Strait of Hormuz, the US military is


Wednesday, November 7, 2012
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: 86

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: 67

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

Corporate News

June 3, 2026

VIKING Pentagon Star provides rapid escape route from the water in disaster scenarios  

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

June 2, 2026

The future starts here

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

June 2, 2026

Resolve Marine Releases 2025 Sustainability Report

The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

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%

May 22, 2026

Sustainable shipping without the spin

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

May 21, 2026

Industry?First ABS SeaTech Innovation Exchange Launches Strengthening Greek-U.S. Maritime Technology Collaboration

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

May 21, 2026

Growth For Estonian Flag Signals Maritime Ambitions of a Nation

A favourable tax regime, digitally enabled administration and a business culture fostering maritime growth are attracting more – and younger – ships to the Estonian Flag.

May 20, 2026

 Damen ASD Tug 2713 Fuel Flexible receives class and flag state approval

Damen Shipyards Group has received class and flag state approval for its ASD Tug 2713 Fuel Flexible (FF) to operate on methanol fuel. The approval was issued by Bureau

Corporate News

June 3, 2026

VIKING Pentagon Star provides rapid escape route from the water in disaster scenarios  

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

June 2, 2026

The future starts here

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

June 2, 2026

Resolve Marine Releases 2025 Sustainability Report

The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

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%

May 22, 2026

Sustainable shipping without the spin

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

May 21, 2026

Industry?First ABS SeaTech Innovation Exchange Launches Strengthening Greek-U.S. Maritime Technology Collaboration

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

May 21, 2026

Growth For Estonian Flag Signals Maritime Ambitions of a Nation

A favourable tax regime, digitally enabled administration and a business culture fostering maritime growth are attracting more – and younger – ships to the Estonian Flag.

May 20, 2026

 Damen ASD Tug 2713 Fuel Flexible receives class and flag state approval

Damen Shipyards Group has received class and flag state approval for its ASD Tug 2713 Fuel Flexible (FF) to operate on methanol fuel. The approval was issued by Bureau


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: 42

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: 147

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

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: 65

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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.


Tuesday, November 6, 2012
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: 150

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: 29

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: 254

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: 262