gCaptain – Maritime and Offshore News


Saturday, December 1, 2012
chevron frade fpso
News

Chevron’s Frade FPSO to Restart Production as Brazilian Court Dismisses Injunction

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

Saturday, December 1, 2012
Total Views: 184

task force one uss enterprise operation sea orbit
Navy

After 1,000,000 Nautical Miles and 51 Years at Sea, USS Enterprise (CVN 65) is Decommissioned

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

December 1, 2012
Total Views: 2473

Friday, November 30, 2012
emma maersk
Engineering News

Performance Optimization for the Commercial Shipping Market

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

November 30, 2012
Total Views: 128

U.S. Announces First-Ever Offshore Wind Energy Lease Sales

U.S. Announces First-Ever Offshore Wind Energy Lease Sales

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)

November 30, 2012
Total Views: 40

Drewry: Shipbuilders Will Have to Fight for Survival Over Next Couple of Years
Shipbuilding

Drewry: Shipbuilders Will Have to Fight for Survival Over Next Couple of Years

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

November 30, 2012
Total Views: 39

GulfMark Plans $150 Million Private Offering to Fund Vessel Construction

GulfMark Plans $150 Million Private Offering to Fund Vessel Construction

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

November 30, 2012
Total Views: 43

Most Read

Energy

EU Closes Russian LNG Loophole, Barring European Shipowners and Buyers From Global Trade in Yamal Cargoes

The European Union has clarified that its upcoming ban on Russian liquefied natural gas extends far beyond imports into Europe, prohibiting EU operators from

Featured

Iran Asserts Control Over the Strait of Hormuz

Less than 48 hours after President Donald Trump signed a memorandum of understanding with Iran to end the conflict and restore freedom of navigation through

News

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision

Federal prosecutors have reached a deferred prosecution agreement with the chief engineer of the containership Dali, with the veteran Indian mariner admitting

News

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz

By Lori Ann LaRocco – The already volatile security picture in the Strait of Hormuz has taken a sharp turn for the worse as Iran moves to assert de

Featured

Maersk Keeps Gulf Restrictions in Place Despite Hormuz Reopening Push

Maersk is keeping significant cargo restrictions and emergency surcharges in place across the Persian Gulf, offering the latest sign that commercial shipping


Friday, November 30, 2012
star bulk carriers
Finance

Star Bulk’s Future Looks Very Grim, Reports $303 Million Impairment Charge

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

November 30, 2012
Total Views: 32

Sete Brasil’s Drillship Order a “Pleasant Surprise”
Shipbuilding

Sete Brasil’s Drillship Order a “Pleasant Surprise”

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

November 30, 2012
Total Views: 28

Expanded Iran Sanctions Target Energy, Ports, Shipping and Shipbuilding Sectors
Shipbuilding

Expanded Iran Sanctions Target Energy, Ports, Shipping and Shipbuilding Sectors

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

November 30, 2012
Total Views: 38

osx brasil
News

OSX Shares Take a Big Hit After Brazilian Shipbuilding Plans Are Canned

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

November 30, 2012
Total Views: 37

apm terminals los angeles
Interesting

“Logistics Nightmare” Grows off California Coast as Port Strike Disrupts Holiday Shipments

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

November 30, 2012
Total Views: 31

Most Read

EU Closes Russian LNG Loophole, Barring European Shipowners and Buyers From Global Trade in Yamal Cargoes
Energy

EU Closes Russian LNG Loophole, Barring European Shipowners and Buyers From Global Trade in Yamal Cargoes

The European Union has clarified that its upcoming ban on Russian liquefied natural gas extends far beyond imports into Europe, prohibiting EU operators from

Iran Asserts Control Over the Strait of Hormuz
Featured

Iran Asserts Control Over the Strait of Hormuz

Less than 48 hours after President Donald Trump signed a memorandum of understanding with Iran to end the conflict and restore freedom of navigation through

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision
News

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision

Federal prosecutors have reached a deferred prosecution agreement with the chief engineer of the containership Dali, with the veteran Indian mariner admitting

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz
News

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz

By Lori Ann LaRocco – The already volatile security picture in the Strait of Hormuz has taken a sharp turn for the worse as Iran moves to assert de

Maersk Keeps Gulf Restrictions in Place Despite Hormuz Reopening Push
Featured

Maersk Keeps Gulf Restrictions in Place Despite Hormuz Reopening Push

Maersk is keeping significant cargo restrictions and emergency surcharges in place across the Persian Gulf, offering the latest sign that commercial shipping


Thursday, November 29, 2012
Petrobras Cancels 5-Rig Contract with Ocean Rig
News

Petrobras Cancels 5-Rig Contract with Ocean Rig

SAO PAULO–Brazilian government-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled plans to hire five drilling rigs

November 29, 2012
Total Views: 51

Damen Adds Rescue Gear Ship to 11-Vessel Order from Royal Australian Navy
Shipbuilding

Damen Adds Rescue Gear Ship to 11-Vessel Order from Royal Australian Navy

Damen Shipyards says it has finalized an 11-vessel order for Australia’s DMS Maritime that has culminated with an order for a Rescue Gear Ship which will

November 29, 2012
Total Views: 314

Dockwise Says Boskalis Offer is Undervalued

Dockwise Says Boskalis Offer is Undervalued

AMSTERDAM–Dutch sea-transporting company Dockwise Ltd. (DOCKW.AE) said Thursday that Monday’s offer price by Dutch dredging company Royal Boskalis

November 29, 2012
Total Views: 70

Strike Cripples Ports of Los Angeles and Long Beach
Ports

Strike Cripples Ports of Los Angeles and Long Beach

A strike by clerical workers at the ports of Los Angeles and Long Beach continued Thurdsay, shutting down nearly all cargo movements into and out of the United

November 29, 2012
Total Views: 71

frontline tankers
News

Frontline Misses Wall Street Estimates, VLCC Sector Improvement Could be Short-Lived

(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though

November 29, 2012
Total Views: 38

Corporate News

June 11, 2026

Inmarsat NexusWave certified by ClassNK for latest IACS cyber security standards

NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification

June 8, 2026

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.

June 8, 2026

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking

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

Corporate News

June 11, 2026

Inmarsat NexusWave certified by ClassNK for latest IACS cyber security standards

NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification

June 8, 2026

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.

June 8, 2026

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking

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


Thursday, November 29, 2012
nordlb
Finance

German Lender NordLB Squeaks Out a Profit, However No End in Sight to Shipping Crisis

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher

November 29, 2012
Total Views: 40

zim monaco shipping puma ocean racing
News

Zim Shipping Wants to Split, Israeli Government Stands in the Way

(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating

November 29, 2012
Total Views: 53

Wednesday, November 28, 2012
Espadon Jurong Drillship Design
Engineering News

Sete Brasil Orders 7th Brazilian-Built Drillship from Sembcorp Marine

Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete

November 28, 2012
Total Views: 182

NTSB: Coast Guard’s Post-Accident Drug and Alcohol Testing Standards Are Too Lax
USCG

NTSB: Coast Guard’s Post-Accident Drug and Alcohol Testing Standards Are Too Lax

The National Transportation Safety Board on Tuesday issued a recommendation to the U.S. Coast Guard that would subject Coast Guard personnel involved in

November 28, 2012
Total Views: 123

U.S. Navy Testing Carrier-Based Unmanned Aircraft
Navy

U.S. Navy Testing Carrier-Based Unmanned Aircraft

As China starts landing jets on its first aircraft carrier, the U.S. Navy is preparing to test take offs and landings of carrier-based unmanned aircraft, a

November 28, 2012
Total Views: 113

gCaptain-jobs
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.


Wednesday, November 28, 2012
Huntington Ingalls Seeking Partners to Avoid Closure of Avondale Shipyard
Shipbuilding

Huntington Ingalls Seeking Partners to Avoid Closure of Avondale Shipyard

The head of Huntington Ingalls Industries Inc. (HII) said Wednesday that it is still looking for partners to convert a Louisiana naval shipyard earmarked

November 28, 2012
Total Views: 54

Mr. Zhang Ye President of Shanghai Shipping Exchange
News

Shanghai Shipping Exchange Looks to Challenge the Baltic

(Bloomberg) — Shanghai Shipping Exchange introduced dry-bulk and oil-tanker indexes in a challenge to a 268-year-old London bourse that sets freight

November 28, 2012
Total Views: 70

kirby corp penn maritime
News

Kirby Corp Buys Penn Maritime in $180 Million Deal

(Dow Jones) Kirby Corp. (KEX) has agreed to buy tank barges and tugboats operator Penn Maritime Inc. and an affiliated company in a cash and stock deal of

November 28, 2012
Total Views: 252

k line Kawasaki Kisen Kaisha Ltd
News

“K” Line To Shed Two Dozen Bulk Carriers, “We’re Slowing Our Expansion”

(Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-biggest shipping line, delayed plans to expand its commodity-vessel fleet as a global glut

November 28, 2012
Total Views: 75

bp logo
News

BP Suspended from Winning New US Government Contracts

(Bloomberg) — BP Plc, which pleaded guilty to criminal charges after the worst U.S. oil spill in 2010, will be temporarily suspended from winning new

November 28, 2012
Total Views: 78