gCaptain – Maritime and Offshore News

(Bloomberg) — Earnings for the largest commodity carriers fell for a third day as vessels outnumbered cargoes after last week’s gains drew idled

It’s been a helluva year so far for Singapore-based offshore contractor, Ezra Holdings Limited, who has reported a 244% leap in net attributable profit

(Bloomberg) — Scrap prices for dry-bulk ships have plunged 13 percent in the past year as oversupply and unprofitable charter rates prompt owners to

Today’s ship photo has pretty much virally blown up since we posted it to the gCaptain Facebook page yesterday. Since then, the photo has had 400

P&O Ferries is set to highlight its anticipated future in the renewable energy sector at an industry event set to kick off in the UK on Thursday. As

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by Brazil’s richest man, stands to benefit from a rival’s failure to deliver vessels

MOSCOW–Russia’s sea ports handled a total of 271.3 million metric tons of cargo in January-June, 5.4% more than in January-June 2011, according to

SINGAPORE–Rig builder Keppel Corp. (BN4.SG) said Wednesday that its Keppel FELS Brasil unit has secured a floating production storage and offloading

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance

IRVING, Texas- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started

LONDON–Royal Dutch Shell PLC’s (RDSB.LN) controversial plan to drill for oil in waters off Alaska’s Arctic coast faces delays as the company

On June 30, Linden Pride, an NYK-owned LPG carrier rescued four Chinese fishermen in the vicinity of a fishing trawler sinking in the South China Sea. Linden

(Bloomberg) — Oil fell after Norway ended a strike that threatened to halt output by western Europe’s largest crude exporter and as China reduced

(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity

(Bloomberg) — Norway’s government ended a 16-day dispute between offshore oil and gas workers and their employers, averting a lockout that had

RIO DE JANEIRO–Brazilian state oil and gas producer Petroleo Brasileiro S/A (PBR. PETR4.BR), or Petrobras, took delivery Monday of a third oil tanker

On board the MV Pioneer, Australian marine engineer and videographer Luke Annells captured some very unique perspectives of his ship by using a

For those analysts who were predicting jack-up day rates to remain flat for the forseeable future, international offshore drilling contractor, Atwood Oceanic

ATHENS – Greek containership owner, Danaos Corporation (NYSE: DAC), announced today that on June 29, 2012, it took delivery of its fifth and final 13,100

LONDON–Chevron Corp. (CVX) will invest billions of dollars developing a giant offshore project in a remote and technically challenging corner of the

(Bloomberg) — The surplus of tankers available to haul European gasoline across the Atlantic Ocean is set to remain at the highest in at least a year as

SINGAPORE–Saudi Arabian Oil Co., or Saudi Aramco, is shipping fuel oil from Northwest Europe to the Red Sea to meet Saudi Arabia’s peak domestic

SYDNEY (Dow Jones) –Iron ore exports from Australia’s Port Hedland in June slipped 4.4% from May to 21.5 million metric tons, but were 16% higher

(Dow Jones) Maersk Oil, the oil and gas arm of Danish conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), Monday said the state-run oil and gas company