gCaptain – Maritime and Offshore News

BRASILIA–Brazil’s state-controlled oil company Petrobras (PBR, PETR4.BR) Friday launched a program to increase efficiency at its operations in

The ex-USS Kilauea, a former ammunition ship and a later staple of the Military Sealift Command for almost 30 years, was sunk earlier this week at the hands of

RIO DE JANEIRO–Brazilian shipbuilder and oil-field-services company OSX Brasil SA (OSXB3.BR), part of billionaire businessman Eike Batista’s

The death toll in the chemical tanker fire in Malaysia has risen to three after two more bodies were recovered from the water not far from the burning tanker.

Tsakos Energy Navigation Limited (TEN) announced a new two-year time charter extension today for their 2008 built, 105,392 dwt, double hull aframax tanker,

(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the

Singapore-based shipping company, Swire Pacific Offshore, has accepted delivery of the Pacific Orca, which at 161 meters in length, is the world’s

RIO DE JANEIRO–Brazilian mining giant Vale SA (VALE, VALE5.BR) continues to negotiate for access to Chinese ports for its Valemax large iron-ore

Three people, including the Master, have been charged with manslaughter in connection with last weeks ferry sinking off the coast of Zanzibar that may have

(Bloomberg) — China has too many ships. The glut has pushed new vessel prices to eight-year lows and caused a 49 percent plunge in first-half orders at

By Klaus Luhta, KlausLuhta.com If you are looking for some licentious and lascivious reading relating to shipping, look no further than the Paris MOU list of

Except maybe for this boat built by Zyvex Marine which has carbon nanotubes infused into its fiberglass… In case you didn’t know it, carbon

(Bloomberg) — Superyachts equipped with helipads and submarines have joined Britain’s biggest warship, more than a dozen tall ships and cruise

UPDATE (7/27/12): Bunga Alpinia Death Toll Rises to Three Original (7/26/12): An explosion and fire, reportedly the result of a lightning strike, engulfed the

Among a bit of doom and gloom lately with the fluctuations in the dry bulk market, Navios Maritime Partners L.P. (NYSE: NMM), an owner and operator of dry

MSC Flaminia and her cargo of smoldering containers has nearly reached the coast of the UK and British authorities are currently working on sorting out a

(Bloomberg) — The Republican-led U.S. House of Representatives passed legislation opening the California and Virginia coasts

The U.S. Navy is underestimating the cost of its proposed 30-year shipbuilding program by 19 percent, the non-partisan Congressional Budget Office said in a

In the words of the great John Bossie “Mother Nature and the Sea are extreme forces that must be respected at all times.” Here are some videos that

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian

By Michael Grey, Contributing Editor to Clay Maitland’s blog It is a bit rich, all this carping criticism from the United Nations about the private

Tourists get the full experience of the power of a calving glacier while on a boat trip off Ilulissat, Greenland.  Fortunately, and somewhat amazingly, nobody

By Bruce Vail, contributing writer at Working In These Times Unions representing the crewmembers aboard U.S.-flag cargo ships are reeling from a stunning

Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform

(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the