gCaptain – Maritime and Offshore News

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

This video was supposedly shot  on board a Russian aircraft carrier and we don’t have much more info other than that.  Skip to about a minute and a

Foss Maritime on Tuesday announced plans to build the first three vessels of its new Arctic Class of tugs as the company responds to growing demand and new

(Bloomberg) — Typhoon Bolaven killed at least eight people as it lashed the Korean peninsula with strong winds and heavy rain, capsizing fishing boats

UPDATE: The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team has reported that approximately 93.28 percent of the current daily

UPDATE 4: The ENERGY CENTURION has been released. Read more…  UPDATE 3: Vessel located off coast of Nigeria still under control of pirates. UPDATE 2:

China, the world’s biggest coal consumer, is poised to reduce imports of the commodity from Australia after the gap with domestic prices narrowed,

For the first time this year, slowing growth in oil demand is spurring analysts to cut estimates for earnings in the tanker industry’s largest vessels.

(Bloomberg) — Nautilus Minerals Inc., seeking to be the first large-scale miner of copper and gold from the ocean floor, is in talks with potential

Mariners in the Gulf of Mexico region reported to us yesterday of a continual alert being received over distress frequencies off Cuba, one that we have been

Damen Shipyards on Monday released information about an innovative new concept vessel designed as a smaller heavy transport, offshore installation and ro-ro

On Saturday morning, the passenger ferry, Provincetown III, was delivering 149 passengers from Boston to the north-eastern tip of Cape Cod when it slowed to an

Yes, that’s right, it’s a ship [a self-propelled DP2 jack-up, heavy lift ship to be precise].  For the uninitiated, it could look like the

U.S. retailers could be forced within days to find alternative ways to import goods unless the threat of a strike by domestic dockworkers at ports stretching

Translated from Portuguese, thanks to Will van Dorp of of the tugster.wordpress.com blog for the translation: This person has been over 50 years a captain of

Athens-based containership owner/operator, Costamare Inc. (NYSE: CMRE) announced today that it has purchased the 15 year-old, 2,458 TEU container vessel

(Bloomberg) — Samsung Heavy Industries Co. plans to offer 500 billion won ($440 million) of bonds next month as South Korean shipyards sell a record