gCaptain – Maritime and Offshore News


Friday, May 4, 2012
Could Oil Supply and Demand be Returning?  WTI Under $100 BBL!
News

Could Oil Supply and Demand be Returning? WTI Under $100 BBL!

It was a wild ride in the oil markets this week as crude prices fell off of a cliff today and WTI is now lower than $100 BBL.  While

Friday, May 4, 2012
Total Views: 31

Sauter Carbon Proposes “Green” Alternative to Sentinel Class Fast Response Cutter
Defense

Sauter Carbon Proposes “Green” Alternative to Sentinel Class Fast Response Cutter

Sauter Carbon Offset Design (SCOD) says they have come up with an alternative design for the USCG’s new Sentinel Class Fast Response Cutters (FRC) that

May 4, 2012
Total Views: 95

seadrill west phoenix semisubmersible
News

West Phoenix on Station to Perform Elgin Well Intervention

PARIS (Dow Jones)–French oil major Total SA (TOT, FP.FR) Friday reiterated it was ready to start “in the coming days” an operation to

May 4, 2012
Total Views: 80

Seadrill Orders Another Harsh Environment Semi, Wins $235M Contract from Chevron
Engineering News

Seadrill Orders Another Harsh Environment Semi, Wins $235M Contract from Chevron

To benefit from the current strong demand for high specification drilling units Seadrill announced today that it has entered into a turnkey construction

May 4, 2012
Total Views: 85

Ekofisk platform
News

Crude Oil Loading Program at the North Sea Ekofisk Platform Increases

LONDON (Dow Jones)–The June loading program for North Sea Ekofisk crude oil is scheduled at 263,000 barrels a day, up from 237,097 barrels a day

May 4, 2012
Total Views: 125

navios tankers
Finance

Navios Maritime Offers 4 Million Shares at Discount

Navios Maritime Partners L.P.’s (NMM) public offering of 4 million common units priced at a 4.5% discount to Wednesday’s close. The units were

May 4, 2012
Total Views: 39

Most Read

Defense

US Military ‘Setting Conditions’ To Clear Mines From Strait Of Hormuz

WASHINGTON, April 11 (Reuters) – The U.S. military said on Saturday that it had started “setting conditions” for clearing mines in the

News

Shipping Avoids Hormuz Lanes as Iran Pushes Vessels Toward Controlled Corridors

The Trump administration has insisted the Strait of Hormuz is open following the ceasefire, but early shipping data suggests otherwise. Vessel movements remain

News

Saudi Arabia’s Oil Pipeline Bypassing Hormuz Damaged in Iranian Attack, Source Says

Saudi Arabia's crucial East-West oil pipeline, currently its only outlet for crude exports, was hit in an Iranian attack and other facilities in the kingdom

Energy

Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now

Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter

News

El Niño Watch Puts Panama Canal Back in Focus After Dramatic Drought Recovery

A newly issued El Niño Watch from the NOAA Climate Prediction Center is putting the Panama Canal back in focus, with early signals


Friday, May 4, 2012
Chicago Express Hapag Lloyd containership
News

Ship Photo of the Day: Hapag-Lloyd Bumps Up Freight Rates

FRANKFURT (Dow Jones)–German shipping group Hapag-Lloyd said Friday it has increased freight rates for all cargo and container types between Europe and

May 4, 2012
Total Views: 27

Thursday, May 3, 2012
Playing in Surf: USCG Shows Us How It’s Done [VIDEO]
Blog

Playing in Surf: USCG Shows Us How It’s Done [VIDEO]

Here, Coast Guard crew aboard a 42-foot Special Purpose Craft – Near Shore Lifeboat crashes through the surf of the Merrimack River bar located in upper

May 3, 2012
Total Views: 262

Hyundai Heavy 1Q Net Hit by Lack of High-End Ship Orders, Profit Tumbles 63%
Engineering News

Hyundai Heavy 1Q Net Hit by Lack of High-End Ship Orders, Profit Tumbles 63%

SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, said Thursday first-quarter net profit

May 3, 2012
Total Views: 29

Wednesday, May 2, 2012
Kleven Maritime Commissioned to Build Second Seismic Vessel for Sanco
Engineering News

Kleven Maritime Commissioned to Build Second Seismic Vessel for Sanco

Norway’s Kleven Maritime said today that it will be constructing a second seismic vessel for Sanco Shipping AS at the company’s Myklebust Verft

May 2, 2012
Total Views: 76

shipbreaking chittagong Naquib Hossain
News

Baltic Dry Index Could Be Supported with Scrapping of 50 Million Deadweight Tons

SINGAPORE (Dow Jones)–The Baltic Dry Index, the bellwether gauge of rates for ship dry commodities including grains, iron ore and coal, will likely find

May 2, 2012
Total Views: 34

Most Read

US Military ‘Setting Conditions’ To Clear Mines From Strait Of Hormuz
Defense

US Military ‘Setting Conditions’ To Clear Mines From Strait Of Hormuz

WASHINGTON, April 11 (Reuters) – The U.S. military said on Saturday that it had started “setting conditions” for clearing mines in the

Shipping Avoids Hormuz Lanes as Iran Pushes Vessels Toward Controlled Corridors
News

Shipping Avoids Hormuz Lanes as Iran Pushes Vessels Toward Controlled Corridors

The Trump administration has insisted the Strait of Hormuz is open following the ceasefire, but early shipping data suggests otherwise. Vessel movements remain

Saudi Arabia’s Oil Pipeline Bypassing Hormuz Damaged in Iranian Attack, Source Says
News

Saudi Arabia’s Oil Pipeline Bypassing Hormuz Damaged in Iranian Attack, Source Says

Saudi Arabia's crucial East-West oil pipeline, currently its only outlet for crude exports, was hit in an Iranian attack and other facilities in the kingdom

Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now
Energy

Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now

Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter

El Niño Watch Puts Panama Canal Back in Focus After Dramatic Drought Recovery
News

El Niño Watch Puts Panama Canal Back in Focus After Dramatic Drought Recovery

A newly issued El Niño Watch from the NOAA Climate Prediction Center is putting the Panama Canal back in focus, with early signals


Wednesday, May 2, 2012
jackup rig port aransas collision
Collision

USCG UPDATE: Panamax Tanker Strikes Jackup Rig, Grounds Itself Off Port Aransas [IMAGES]

  On the approach into the channel at Port Aransas, Texas this morning, the 74k DWT product tanker, FR8 Pride, a Scorpio Tanker-managed vessel, lost power

May 2, 2012
Total Views: 126

Berlin Express Hapag Lloyd
News

G6 Alliance Holds Back on Asia – North Europe Loop due to “Unfavorable Market Conditions”

SINGAPORE (Dow Jones)–The G6 alliance of container shipping firms, which includes Singapore-listed Neptune Orient Lines Ltd.’s (N03.SG) APL

May 2, 2012
Total Views: 31

Rowan Viking
Finance

Rowan Shows Strong Revenue Growth with Higher Day Rates and Jackup Rig Utilization

(Dow Jones) Rowan Cos.’s (RDC) first-quarter earnings rose 54% as higher day rates contributed to the offshore drilling company’s

May 2, 2012
Total Views: 86

Cosco Corp. to Build $200 Million Harsh Environment Flotel for Cotemar
Engineering News

Cosco Corp. to Build $200 Million Harsh Environment Flotel for Cotemar

Singapore-listed COSCO Corp said today that it has contracted to build US$ 200 million harsh-environment semi-submersible flotel for Mexico’s Cotemar

May 2, 2012
Total Views: 110

BW Rhine
Incidents

BW Maritime Loses Contact with Product Tanker off Togo

BW Maritime believes their product tanker, BW Rhine, has been captured off Togo.  Here’s a statement made by the company. On 28 April 2012, BW Rhine, a

May 2, 2012
Total Views: 68

Corporate News

April 9, 2026

Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

March 20, 2026

Damen launches tenth Island Class ferry for BC Ferries

At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries

March 16, 2026

Safety without compromise: Inmarsat’s commitment to global safety services

When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical

March 12, 2026

ABS Publishes New Technical Standard for Subsea Power Cables

Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power

March 12, 2026

Thordon Bearings and SNAME Announce New Graduate Scholarship to Accelerate Innovation in Green Vessel Design

Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that

March 12, 2026

EXMAR Deploys Inmarsat NexusWave to Power Secure, Always-on Connectivity Across its Fleet

Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving

March 12, 2026

VIKING Delivers Solid Results in Unpredictable Market

ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates.  After years of significant growth in key

Corporate News

April 9, 2026

Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

March 20, 2026

Damen launches tenth Island Class ferry for BC Ferries

At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries

March 16, 2026

Safety without compromise: Inmarsat’s commitment to global safety services

When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical

March 12, 2026

ABS Publishes New Technical Standard for Subsea Power Cables

Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power

March 12, 2026

Thordon Bearings and SNAME Announce New Graduate Scholarship to Accelerate Innovation in Green Vessel Design

Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that

March 12, 2026

EXMAR Deploys Inmarsat NexusWave to Power Secure, Always-on Connectivity Across its Fleet

Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving

March 12, 2026

VIKING Delivers Solid Results in Unpredictable Market

ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates.  After years of significant growth in key


Tuesday, May 1, 2012
Meet Michael Grimm, Labor’s Favorite Tea Party Republican
Blog

Meet Michael Grimm, Labor’s Favorite Tea Party Republican

Note: This article has been cross-posted from the pro-union Working In These Times blog By Bruce Vail Most of the media attention at the big gathering of

May 1, 2012
Total Views: 52

Hidden Documents Reveal Al Qaeda Plans to Attack Cruise Ships [REPORT]
Blog

Hidden Documents Reveal Al Qaeda Plans to Attack Cruise Ships [REPORT]

An alarming report from CNN this morning has revealed that Al Qaeda operatives have been secretly plotting possible attacks on cruise ships. According to the

May 1, 2012
Total Views: 94

pirate attack west africa
Incidents

Product Tanker Reported Hijacked Off Togo in Gulf of Guinea

A product tanker has reportedly been hijacked yesterday in position: 06:01.14N – 001:20.2E, correlating to Lome Anchorage, Togo. The owners of the

May 1, 2012
Total Views: 58

deepwater frontier transocean
News

Transocean and ExxonMobil Begin Drilling at Jansz-Io Offshore Australia

– By ExxonMobil Connection The ExxonMobil Drilling team this month commenced operations on the Jansz-lo driling program for the Gorgon LNG Project off

May 1, 2012
Total Views: 172

DNV Launches New Rule Book for Jackup Rig Builders and Designers
Engineering News

DNV Launches New Rule Book for Jackup Rig Builders and Designers

Coinciding with the announcement of Lamprell’s newbuild jackup order today, DNV released a new rule book for self-elevating units, aka jackups, which

May 1, 2012
Total Views: 54

gCaptain-jobs
gCaptain-jobs

Find Your Next Opportunity

Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.


Tuesday, May 1, 2012
Lamprell Wins $227 Million Jackup Newbuild Contract
Engineering News

Lamprell Wins $227 Million Jackup Newbuild Contract

Lamprell announced today the receipt of a USD $227 million contract award from an international drilling contractor for the construction of a jackup drilling

May 1, 2012
Total Views: 100

BP Executive Suspended Over Tanker Chartering Scandal
News

BP Executive Suspended Over Tanker Chartering Scandal

LONDON -(Dow Jones)- The senior BP PLC (BP.LN) executive accused of taking cash payments in return for giving sweetened tanker chartering terms has been

May 1, 2012
Total Views: 69

Monday, April 30, 2012
Aussie Billionaire Building Modern-Day Titanic Replica
Blog

Aussie Billionaire Building Modern-Day Titanic Replica

An Australian billionaire has announced his plans to build the Titanic II, a modern-day replica of the ill-fated liner that sank over 100 years ago. Clive

April 30, 2012
Total Views: 56

USAN FPSO Nigeria total
News

Nigerian Crude Cargos Delayed from Total’s USAN FPSO

LONDON (Dow Jones)–Two cargoes of Nigerian Usan crude have been delayed from May to June, traders told Dow Jones Newswires Monday. The Total

April 30, 2012
Total Views: 168

skandi atlantic
News

DOF ASA Signs NOK 225 Million Contract Offshore Australia with Apache

DOF announced today that they have signed a NOK 225 million contract with Apache Energy Limited for the use of the anchor handling tug supply vessel, Skandi

April 30, 2012
Total Views: 101