gCaptain – Maritime and Offshore News

Hundreds of years ago when the trading of dead animal furs was kind of a big deal in the area surrounding the St. Lawrence Seaway, the second oldest Canadian

As part of Neste Oil’s plan to exit the shipping business, the Finnish oil refining and marketing firm has reached an agreement this week with

Feb. 21 (Bloomberg) — China’s imports of liquefied natural gas rose to a record for a second month in January as new terminals and winter heating

7 months after taking over as CEO of Nordic Tankers, Claus Thornberg is out the door. Effective today, Per Sylvester Jensen has assumed the role as Nordic

Feb. 21 (Bloomberg) — Norwegian efforts to raise oil and gas recovery from its offshore fields are being jeopardized as higher taxes threaten $13 billion

The Dutch Government is getting ready to award the salvage contract for the complete removal of the sunken Baltic Ace car carrier near the port of

An investigation into the deaths of two American security contractors by the Seychelles Police has confirmed the presence of drugs and paraphernalia in the

A deal to resume work on the multibillion-dollar Panama Canal appeared in doubt on Thursday, just hours after an apparent breakthrough, in the latest twist in

A number of questions surround the mysterious deaths of two American security officers onboard the U.S.-flagged Maersk Alabama while berthed in Seychelles on

In the worst-kept secret in container shipping, the CKYH alliance of Cosco, K Line, Yang Ming and Hanjin Shipping is to team up with Taiwan’s Evergreen Line

Hornbeck Offshore CEO and Chairman Todd Hornbeck expressed optimism today during his company’s 2013 earnings call.  He noted an increase of $43.7

Rates for capesize bulk carriers on key Asian routes are set for mixed fortunes next week, with buoyancy on the Australia to China trade counterbalanced by a

Singapore-based container shipper Neptune Orient Lines (NOL Group) reported negative net profits for their third consecutive year today with losses of US$76

The Panama Canal Authority said that it has reached a deal with the construction consortium that would allow for work to resume on the third set of locks in

Genco Shipping & Trading Ltd. hired Blackstone Advisory Partners LP to explore a debt restructuring after the operator of dry-bulk cargo ships missed a $3.1

A cruise ship attendant confessed to raping a female passenger on Valentine's Day and trying to toss her overboard to cover up the crime, according to an

Trident Group President Tom Rothrauff confirmed today in a phone call that two of his contractors have died on board one of his client's

Three Indian fishermen injured when a U.S. naval ship fired on their boat off the United Arab Emirates in 2012 are launching a civil case against the Pentagon

By Rick Spilman, International Salt, a major salt company, has just about run out of salt to supply the State of New Jersey.  The salt is used to control

The containership Svendborg Maersk faced particularly nasty weather last week as she sailed through the Bay of Biscay on her way to Colombo, Sri Lanka