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gCaptain – Maritime and Offshore News


Sunday, November 11, 2012
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News

Billions Added to Price Tag for ExxonMobil’s Papau New Guinea LNG Project [UPDATED]

SYDNEY–Exxon Mobil Corp. (XOM) said Monday the cost of building a massive natural gas-export project in Papua New Guinea has blown out to US$19 billion

Sunday, November 11, 2012
Total Views: 30

Port Of Los Angelas Aerial Photograph
Ports

Port of Los Angeles Approves $127 Million+ In New Construction

The Los Angeles Board of Harbor Commissioners has approved construction contracts totaling more than $127 million for two major projects that advance

November 11, 2012
Total Views: 16

Carrier HMS Queen Elizabeth
Navy

Aircraft Carrier HMS Queen Elizabeth Nears Completion

The final hull section of aircraft carrier HMS Queen Elizabeth has arrived at Babcock’s Rosyth dockyard. The 11,300 tonne aft section of hull, known as

November 11, 2012
Total Views: 12

Saturday, November 10, 2012
The SS Edmund Fitzgerald Sank 37 Years Ago Today
Blog

The SS Edmund Fitzgerald Sank 37 Years Ago Today

Today marks the 37th anniversary of the sinking of the SS Edmund Fitzgerald, the Great Lakes freighter that sank in a strong gale on eastern Lake Superior

November 10, 2012
Total Views: 51

deepwater horizon night fire
News

Former BP Engineer Pleads Not Guilty, Grand Jury to Hear First Criminal Deepwater Horizon Case

(Bloomberg) — A former BP Plc engineer charged with destroying evidence sought for a U.S. probe of the 2010 Gulf of Mexico oil spill lost his bid to

November 10, 2012
Total Views: 27

Friday, November 9, 2012
maersk triple e
News

Efficient Operations is the Name of the Game for Maersk Line

A.P. Moller-Maersk A/S (AMKBY, MAERSK-A.KO, MAERSK-B.KO) on Friday warned global demand for seaborne containers will grow more slowly than the group forecast

November 9, 2012
Total Views: 24

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Thursday, November 8, 2012
uss america lha 6
Defense

Missed Targets and Presidential Election Results Spell Bad News for Huntington Ingalls

(Bloomberg) — Huntington Ingalls Industries Inc. fell after the U.S. Navy’s sole builder of aircraft carriers reported third-quarter profit that

November 8, 2012
Total Views: 10

yme platform sbm offshore
Engineering News

SBM Offshore to Get Yme Platform Fixed by Year End, Dispute Continues with Talisman

Dutch oil services company SBM Offshore NV (SBMO.AE) Friday confirmed earlier reports that said it will fix the faulty legs of its Yme oil and gas platform,

November 8, 2012
Total Views: 26

oil storage tanks new jersey newark
News

Ship Brokers Cut Back Fuel Shipments to the US East Coast

(Bloomberg) — Gasoline shipments to the U.S. from Europe are poised to fall after inventories of the auto fuel swelled because of distribution

November 8, 2012
Total Views: 7

Maersk Hakata
News

VLCC Owners Eek Out a Tiny Smile as the Bleeding Stops, For Now

(Bloomberg) — Crude tankers shipping almost 20 percent of the world’s oil curbed seven weeks of losses as declining fuel costs helped owners

November 8, 2012
Total Views: 19

floatel superior evacuation statoil
Incidents

Floatel Superior Evacuates in a Snowy Gale with 10 Meter Waves

OSLO–Statoil ASA (STO, STL.OS) evacuated 336 people by helicopter from a housing platform in the Norwegian Sea in rough weather with gale force winds,

November 8, 2012
Total Views: 46

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Thursday, November 8, 2012
opec logo
News

OPEC to Increase November Oil Shipments by 640,000 Barrels Per Day

Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with

November 8, 2012
Total Views: 22

borgholm dolphin
Multimedia

Borgholm Dolphin Receives 12 Month North Sea Contract, Plus Cool Storm Video

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, received a letter of intent today for the provision of the accommodation semi-submersible

November 8, 2012
Total Views: 78

britoil psv ulstein
News

Britoil Jumps into PSV Market with Pair of Ulstein X-Bows

Singapore-based shipowner Britoil Offshore Services Pte Ltd. entered into a contract today with the Ulstein Group for the design and equipment packages for two

November 8, 2012
Total Views: 79

Wednesday, November 7, 2012
clarksons
News

Clarkson Plc Shares the Pain of the Shipping Industry, Takes Big Hit on the London Stock Exchange

(Bloomberg) — Clarkson Plc, the world’s largest shipbroker, plunged the most since 2009 after saying this year’s earnings will be lower than

November 7, 2012
Total Views: 44

uss arleigh burke ddg-51
Defense

With a $2 Billion Yearly Fuel Bill, the US Navy is Looking at Reinventing the Engine

– By Donna McKinney, US Navy Research Laboratory With its strong dependence on gas-turbine engines for propulsion, the U.S. Navy is always looking for

November 7, 2012
Total Views: 157

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Wednesday, November 7, 2012
Petrobras Former Refining Head Taps Investors for Brazilian Shipyard
Shipbuilding

Petrobras Former Refining Head Taps Investors for Brazilian Shipyard

(Bloomberg) — The former head of Petroleo Brasileiro SA’s refining division is negotiating with a group of investors to build a shipyard in

November 7, 2012
Total Views: 4

Paragon Shipping Delays Newbuild Deliveries

Paragon Shipping Delays Newbuild Deliveries

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay

November 7, 2012
Total Views: 1

Norovirus Outbreak Takes Down 350 On Celebrity Constellation

Norovirus Outbreak Takes Down 350 On Celebrity Constellation

A Celebrity Cruises cruise ship has been delayed in Southhampton after 350 passengers came down with suspected cases of the industry’s most feared

November 7, 2012
Total Views: 37

kensington vlcc tanker supertanker knightsbridge
Finance

Knightsbridge Tankers Battered By Huge Impairment Losses and Abysmal Day Rates

Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets.  With

November 7, 2012
Total Views: 29

paul hilton humpback whale
News

South Korea Considers ‘Scientific’ Whaling, Greenpeace Responds

By Jeonghee Han, Greenpeace Last summer Korea shocked the international community by announcing it would start ‘scientific’ whaling. Surprised by

November 7, 2012
Total Views: 7

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