gCaptain – Maritime and Offshore News


Wednesday, February 19, 2014
STX Offshore to Get New $1.7 Billion Loan In Creditor Rescue Attempt
Finance

STX Offshore to Get New $1.7 Billion Loan In Creditor Rescue Attempt

Creditors of South Korea's STX Offshore & Shipbuilding Co Ltd have decided to lend the debt-laden shipbuilder an extra 1.8 trillion won ($1.7 billion), two

Wednesday, February 19, 2014
Total Views: 59

Tuesday, February 18, 2014
Deadline Looms in Panama Canal Expansion Dispute
Shipping News

Deadline Looms in Panama Canal Expansion Dispute

The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options on Tuesday to keep the multibillion-dollar

February 18, 2014
Total Views: 50

uss taylor ffg-50
Incidents

Sochi Olympics Security Ship Runs Aground

The United States Navy frigate USS Taylor is being inspected for damage today after running aground last week in the Black Sea off Samsun, Turkey.

February 18, 2014
Total Views: 35

Apollo-Rickmers JV Buys Six Used Containerships
Shipping News

Apollo-Rickmers JV Buys Six Used Containerships

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

February 18, 2014
Total Views: 50

TOTE Secures Wärtsilä Technology For Orca LNG Conversions
News

TOTE Secures Wärtsilä Technology For Orca LNG Conversions

Jones Act-shipper Totem Ocean Trailer Express (TOTE) has selected Finnish engine manufacturer Wärtsilä to provide the LNG propulsion package for the

February 18, 2014
Total Views: 140

Billions Will be Saved via a Digitally-Connected Maritime Industry
News

Billions Will be Saved via a Digitally-Connected Maritime Industry

“Ship to shore connectivity has not kept pace with the unprecedented data access available ashore after the internet revolution, but things are changing

February 18, 2014
Total Views: 35

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Tuesday, February 18, 2014
yangtze pearl vlcc
News

China’s Nanjing Tanker Poised To Delist, Underscoring Corporate Woes

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

February 18, 2014
Total Views: 90

Exxonmobil fuel laboratory chemistry test tube
Engineering News

ExxonMobil’s “Top Tips” for Purchasing Marine Bunkers

Considering the huge commercial impact marine bunkers have on ship owners and operators, ExxonMobil has put together the following list of

February 18, 2014
Total Views: 56

irving shipbuilding
News

Irving Shipbuilding Sues Davie

Halifax, Canada-based Irving Shipbuilding Inc. has added Davie Shipyard, the largest shipyard in Canada, to its lawsuit over the alleged mishandling of

February 18, 2014
Total Views: 78

cargo ship shipping container maritime
Finance

Private-Equity Funds Bet $5 Billion on Shipping Rebound

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

February 18, 2014
Total Views: 1251

Monday, February 17, 2014
vale brasil vloc bulk carrier valemax
News

Vale Sees China Clearing Giant Ore Ships, Eventually

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 132


Monday, February 17, 2014
fsru excelsior excelerate
News

Mitsui O.S.K. to Invest Billions in Floating LNG Regasification and FPSOs

Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to

February 17, 2014
Total Views: 111

Response Continues for Grounded Fishing Vessel in Guam
Marine Salvage

Response Continues for Grounded Fishing Vessel in Guam

The U.S. Navy says crews have removed heavy oil, diesel fuel, and batteries from the grounded Japanese commercial fishing vessel Daiki Maru 7 in Guam's outer

February 17, 2014
Total Views: 76

Maersk Containership Wreaks Havoc in Bremerhaven
Incidents

Maersk Containership Wreaks Havoc in Bremerhaven

The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose

February 17, 2014
Total Views: 83

maritime maisie
Interesting

Maritime Maisie Chemical Tanker In Danger of Breaking Up

Classification society Lloyd's Register has warned that the fire-scorched chemical tanker Maritime Maisie is in danger of breaking up more than 50 days after a

February 17, 2014
Total Views: 508

Dr. Stephen Payne Chief Naval Architect CUNARD
Engineering News

Dr. Stephen Payne – Designing a Liner, Not a Cruise Ship

On the occasion of the Queen Mary 2’s 10th anniversary of her delivery from STX Europe, CUNARD Line’s Chief Naval Architect Dr. Stephen Payne,

February 17, 2014
Total Views: 335

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Monday, February 17, 2014
gulf marine services barge keloa
Finance

Gulf Marine Services Seeks to Raise $100 Million From London IPO

Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public

February 17, 2014
Total Views: 76

aker arctic icebreaker
Engineering News

Arctech Helsinki and USC Joint Venture to Build New Finnish Icebreaker

Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to

February 17, 2014
Total Views: 114

sliepner a platform statoil north sea
News

Norway May Align Offshore Drilling Rules With U.K. in Bid to Tackle Costs

Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as

February 17, 2014
Total Views: 126

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill
News

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

February 17, 2014
Total Views: 212

siem offshore wartsila psv platform supply vessel
Engineering News

Wärtsilä Details Scope of PSV Newbuild Contract with Siem Offshore

Following similar orders placed in November 2012 and August 2013, Norwegian OSV operator Siem Offshore has again reached out to Finnish engine manufacturer

February 17, 2014
Total Views: 165