gCaptain – Maritime and Offshore News

Update 3: We spoke with a lifeboat industry insider today about the specifics of the lifeboat system that ultimately killed 5 sailors. Preliminary

By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of costs to transport minerals and grains by sea, fell for a second session as

By Tom Guldner Marine companies today recognize their obligation to train their crews in everything that will be needed to do their job. New technologies in

BP Plc, Europe’s second-biggest energy company, signed a deal to export U.S. gas from the Freeport terminal in Texas, joining Royal Dutch Shell Plc,

French offshore contractor Technip named their latest offshore construction vessel today in a ceremony held at Metalships & Docks (MSD) shipyard in Vigo,

(Bloomberg) — Nordic American Tankers Ltd., the third-largest owner of oil tankers hauling 1 million-barrel cargoes, said it may double its fleet within

Waste Heat Recovery (WHR) systems are a proven technology that enables ship-owners to make better use of existing energy within the vessel’s full

(Bloomberg) — OAO Novatek, Russia’s largest non- state gas producer, may require $5.6 billion worth of liquefied natural gas tankers to transport

Seadrill and SapuraKencana announced today they have entered into a US$2.9 billion sale and purchase agreement whereby SapuraKencana will acquire all of the

Update: Incident Photos – Carnival Triumph Dead in the Water MEXICO CITY, Feb 10 (Reuters) – The Carnival Triumph, a cruise ship owned by Carnival

By Environment Correspondent Alister Doyle OSLO, Feb 11 (Reuters) – The high seas that cover almost half the Earth’s surface are a treasure trove

By Peter Apps, Political Risk Correspondent ABOARD RMS QUEEN MARY 2 (Reuters) – Posted between septuagenarian passengers in deck chairs, lookouts stand

DHAKA, Feb 9 (Reuters) – At least 14 people died and five were still missing after a ferry carrying 50 people collided with a sand barge and sank on

(Bloomberg) — Transocean Ltd. and federal prosecutors urged a judge to accept the oil driller’s agreement to plead guilty to a criminal charge over

A man walks past a pirate ship made from driftwood and objects washed up on the beach at New Brighton near Liverpool, northern England February 6,

International owner and operator of LNG carriers, GasLog (NYSE:GLOG), said Friday that it has ordered two charter-backed 174,000 cbm tri-fuel diesel electric

(Bloomberg) — Returns for oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached the lowest level since August

A spokesman from Carisbrooke Shipping has confirmed that their multi-purpose bulk carrier, the British-flagged Esther C, has been attacked by pirates 85

After suffering massive losses over the past year, and with more losses forecasted amid terrible drybulk and tanker markets, Mitsui OSK Lines’ President

Maersk Line’s Chief Commercial Officer Lucas Vos announced his intentions to resign today from the Copenhagen-based shipping giant. “Lucas Vos has

(Bloomberg) — China’s exports rose 25 percent in January from a year earlier while imports increased 28.8 percent, resulting in a trade surplus of

DHAKA (Reuters) – A ferry carrying more than 50 people sank on Bangladesh’s giant Meghna River on Friday after colliding with a sand barge and

Here is a good shot of cargo hold 4 & 3 of one of Maersk’s new Triple-E containerships currently under construction at DSME shipyard in South Korea.

A recent market screening conducted by Swedish energy firm Swedegas has revealed significant interest in liquefied natural gas (LNG) throughout Sweden’s

(Bloomberg) — Tankers that carry about half of the refined oil products transported by sea will lose money for the next five years as an oversupply of