The Island Innovator, a DNV-classed semi-submersible drilling and well intervention rig was delivered today by COSCO Qidong shipyard to its new owner, Odfjell
Following a restructuring agreement signed today between the debt-crushed shipowner Torm, their banks, and their time-charter partners, Torm’s stock has
(Bloomberg) — Cargill Inc., which says it hires more commodity carriers than any company worldwide, and two other industrial shippers, will stop using
(Bloomberg) — Hong Kong arrested seven people and started a criminal investigation after at least 38 people were killed in the city’s worst
I covered the sinking of the COSTA CONCORDIA back in January and posted some of my initial comments in ‘COSTA CONCORDIA – Fred Fry’s Comments
The New Zealand government and Daina Shipping Co, owner of the stricken MV Rena, have reached a settlement over the Oct. 5, 2011 grounding of the container
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Maersk has confirmed that one of the vessels involved in Monday’s U.S.-escorted transits of the Strait of Hormuz was its U.S.-flagged roll-on/roll-off
Three U.S. Navy destroyers came under missile, drone and small-boat attack while transiting the Strait of Hormuz on Thursday, according to U.S. Central
Crowley has confirmed that one of its managed vessels has successfully transited the Strait of Hormuz, providing more visibility into the limited number of
By Capt. Abhinandan Prasad MNILecturer – SUNY Maritime College, New York In recent years, advances in computing — from artificial intelligence to adaptive
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the
The number of fatalities has risen to 38, approximately 100 injured Update 3: Hong Kong authorities have arrested 7 people, including both Captains. Death toll
Following shipyard upgrades to the Sevan Marine FPSO “Voyageur Spirit” at the Nymo upgrade yard at Eydehavn, Norway, the vessel has since
By Brent Kendall Maritime law is as old as the republic, yet we continue to argue about what counts as a boat. The Supreme Court was home to that
Based on an astonishing true incident that took place on the frigid seas off Iceland in 1984, The Deep fashions a modern-day everyman myth about the sole
After posting a loss of about ¥ 7.4 billion (USD $95 million) on the write-down of investment securities as a result of a decline in stock market prices, the
Maersk has confirmed that one of the vessels involved in Monday’s U.S.-escorted transits of the Strait of Hormuz was its U.S.-flagged roll-on/roll-off
Three U.S. Navy destroyers came under missile, drone and small-boat attack while transiting the Strait of Hormuz on Thursday, according to U.S. Central
Crowley has confirmed that one of its managed vessels has successfully transited the Strait of Hormuz, providing more visibility into the limited number of
By Capt. Abhinandan Prasad MNILecturer – SUNY Maritime College, New York In recent years, advances in computing — from artificial intelligence to adaptive
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
(Bloomberg) — Earnings for the biggest crude tankers will be 25 percent lower next year than previously estimated as increased U.S. shale-oil production
A violent storm ripped through Spain over the weekend bringing with it flash floods, high winds, tornadoes, and two side-by-side ship groundings along the
Bermuda-based Höegh LNG announced today a new joint venture with STX Pan Ocean that gives each party a 50% stake in the 153,600 cubic meter, tri fuel,
ABB announced today the winning of a $35 million order from the Baltic Shipyard Ltd to supply Azipod propulsion and associated distribution systems for a new
With Petrobras, and thus Brazil, standing to lose $3 billion or more in lost revenues due to missed oil and gas production targets, the head of
Coconut oil is not immediately associated with risk, but its carriage can release toxic vapours and cause oxygen depletion in enclosed spaces. Manish Nayyar, Senior Loss
ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity,
FarSounder marks its 25th anniversary in 2026, celebrating a quarter-century of advancing marine navigation technology and improving safety at sea. Since its founding, the company
Damen Shipyards Group and Associated British Ports (ABP), the UK’s largest port operator, have signed a contract for the construction of a new Trailing Suction Grab Hopper
In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and
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
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
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
Coconut oil is not immediately associated with risk, but its carriage can release toxic vapours and cause oxygen depletion in enclosed spaces. Manish Nayyar, Senior Loss
ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity,
FarSounder marks its 25th anniversary in 2026, celebrating a quarter-century of advancing marine navigation technology and improving safety at sea. Since its founding, the company
Damen Shipyards Group and Associated British Ports (ABP), the UK’s largest port operator, have signed a contract for the construction of a new Trailing Suction Grab Hopper
In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and
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
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
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
(Bloomberg) — Petroleo Brasileiro SA, the world’s biggest oil producer in deep waters, asked Brazilian courts and regulators to override a ruling
With a full cargo of coal destined for Karachi, Pakistan, the Marshall Islands-flagged bulk carrier Sea Moon was about 140 miles southwest of Bermuda when an
![50 Supertankers? China, I’m Sorry, but I Don’t Believe You [OP/ED]](https://gcaptain.com/wp-content/uploads/2012/09/Alexander-the-Great-VLCC.jpeg)
There are a few headlines going around today in some major publications and by the Associated Press claiming that China has announced plans to build 50
China’s 21st Century Business Herald newspaper reported today that China has placed a massive $4.5 billion order for 50 VLCCs in an effort to stimulate
China’s Rongsheng Heavy Industries announced today the delivery of a pair of 380,000 DWT Very Large Ore Carriers (VLOCs); one to Brazilian ore giant
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d’Amico International Shipping S.A. (Borsa Italiana: DIS), has announced that its subsidiary d’Amico Tankers Ltd has signed a $66 million contract
NEWPORT NEWS, Va. — Huntington Ingalls Industries (NYSE:HII) announced today the receipt of a $296 million contract modification, under a previously
Following dismal news from the Brazilian Federal Court yesterday, offshore drilling contractor Transocean Ltd. (NYSE: RIG) (SIX: RIGN) received an
(Dow Jones) Shipping companies are demolishing their vessels at an unprecedented rate this year, hoping to eliminate some capacity to cushion the impact of a
In response to our article this week calling out 7 ships that were detained by the MCA, Captain Bjorn Hojgaard, Chief Executive Officer of Hong Kong-based
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