gCaptain – Maritime and Offshore News

After months of close work with Lloyd’s Register, Greek shipowner gains international standard  Piraeus-based tanker owner, Neda Maritime Agency Co.

(Bloomberg) — Hong Kong recovered the boat that was partially sunk in a crash that killed at least 38 people, and started an inspection to find the cause

The picture says it all, assuming you believe what you’re seeing. This is in fact the world’s longest navigable aqueduct, named the Magdeburg Water

Three contracts worth a total of NOK 9.17 billion (USD $1.6 billion) were signed today by Statoil and its partners for use of the semisubmersible drilling

TOKYO — Mitsubishi Heavy Industries Ltd. dismissed a local newspaper report Wednesday that it aims to buy a controlling share in a shipbuilding unit of

Since acquiring Smedvig ASA in 2006, Seadrill has operated its management service company, Seadrill Management AS out of Stavanger, Norway while establishing

Petroleo Brasileiro SA (PBR) is very near to closing a deal on the sale of up to $6 billion in Gulf of Mexico assets, and has narrowed talks down to

Seismic vessels are among the most specialized vessels on the ocean, and as such, have very unique operational characteristics. In consultation with key

— By Gregory Lewis and Anthony Sibilia, Barron’s Online Is the midwater-rig market poised for a pickup? We think so! Increasing demand for midwater

At the end of August, Indonesian composite shipbuilder, North Sea Boats launched one of the most unique warships in the world from their facility in East Java.

Everyone seems to looooooooove the X-bows, including Shell, who has partnered up with the Ulstein Group to come up with a next generation design of an

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

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

(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,