gCaptain – Maritime and Offshore News

Vale informed reporters today that it has signed a USD $600 million agreement to sell and further charter 10 large ore carriers with Polaris Shipping Co. Ltd.

Yesterday, four merchant vessels and HMAS Maitland recovered 55 survivors out of a total of 150 passengers of the ill-fated refugee boat that capsized and sank

On 24 August, Smit Lamnalco launched SL Gabon, the first tug branded under its new corporate identity, following the integration of Smit’s terminal

A Lloyd’s Register study on LNG bunkering infrastructure also suggests some owners would be wise to consider fuel flexibility After 12 months of research

Evergreen Marine Corp., operator of Asia’s No. 2 container-shipping line, had its first quarterly profit in a year as sales increased on higher freight

Editor’s Note: While Hurricane Isaac mostly spared Gulf of Mexico oil and gas production, concerns are mounting over the condition of Port Fourchon, LA

Pirates in west Arfica have released the Energy Centurion tanker hijacked earlier this week. Sources say that the pirates released the vessel and it’s 24

Damen Shiprepair Brest has booked it’s first LNG carrier maintenance and repair job since being switching hands over to Damen Group earlier this year.

Dear Mr. President, I write these lines to you on board the Greenpeace vessel Arctic Sunrise, as we leave the Russian economic zone waters north of the Kola

Via ABB Communications Recently acquired by the Statoil group, FPSO Peregrino was converted from a very large crude carrier (VLCC) to a floating production,

HONG KONG–The head of shipping giant China Cosco Holdings Co. (601919.SH) on Thursday cast a downbeat light on the shipping industry, saying the current

On August 12th, Netherlands-based heavy lift and project cargo shipper Jumbo Shipping, completed the transport and discharge of twenty-five caissons for the

Maersk Oil, the oil and gas-producing arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), is well on track to surpass its daily

More than 120 asylum seekers may have drowned off Indonesia, according to the Australian government, which is reopening offshore detention centers in an

As commercial ship operators around the world continue to search for ways to lower their environmental impact and operating costs, a voluntary international

Norway’s Ulstein Group unveiled a new technology today that could potentially revolutionize bridge resource management and the way crews interact with

It may not be quite as dramatic as the Red October, however, to conduct scientific research on climate change, sustainable fishing, and energy

German shipbuilder P+S Werften GmbH on Wednesday said it has filed for insolvency with the local court of Stralsund, Germany, after talks with creditors,

SEOUL–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) on Wednesday posted a 33% decline in its second-quarter net profit, due to earlier

The shipowner/managers Leonhardt & Blumberg report today that they have invited salvage companies for individual offers for the safe and successful

SHANGHAI–China Shipping Container Lines Co. (2866.HK), the country’s largest container shipper by capacity, said Wednesday its net loss for the

Frontline Ltd., the world’s largest operator of supertankers, reached an eight-month low in Oslo trading after forecasting deteriorating returns from

Bourbon SA, owner of the biggest fleet of supply and crew ships for the oil industry, swung to a profit in the first half and said an increase in

Sembcorp Marine’s subsidiary Jurong do Brasil Prestacao de Services Ltda (JDB) announced today that they have secured a US$674 million contract for the

At around 1740hrs tonight, fire broke out onboard the Purse Seiner Ocean Breeze while in dry-dock in Lyttelton, New Zealand. The trawler was under repair after