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gCaptain – Maritime and Offshore News


Thursday, August 2, 2012
Morten Arntzen OSG CEO
News

World’s Largest Oil Tanker Pool Takes a Hard Look at the Spot Market

(Bloomberg) — Tankers International LLC, operator of the largest pool of the biggest oil carriers, wants to shift hiring of its vessels back to

Thursday, August 2, 2012
Total Views: 122

Wednesday, August 1, 2012
Panama Canal in Two Minutes Flat [VIDEO]
Blog

Panama Canal in Two Minutes Flat [VIDEO]

Seriously, who doesn’t love a good time-lapse? It’s like you get the full experience of actually being there only you don’t have to move, it

August 1, 2012
Total Views: 14

Bow oceanic odefjell tanker chemical
News

Odfjell Looks to Expand Fleet with $160M Chemical Tanker Newbuild Order

Odfjell announced today they have signed a newbuild contract worth close to USD $160 million with Hyundai Mipo Dockyard for four new 46,000 DWT chemical

August 1, 2012
Total Views: 66

Ship Photo of The Day – Johan’s Ark
Blog

Ship Photo of The Day – Johan’s Ark

This week in Crazy S#$@ Rich People Do, we have Johan Huibers from The Netherlands who this week opened the doors to his Noah’s Ark re-creation on a

August 1, 2012
Total Views: 128

FLIR infrared camera
News

Did FLIR Steal Trade Secrets from Raytheon?

(Bloomberg) — U.S. defense contractor Raytheon Co. won an appeals court ruling that revives claims Flir Systems Inc.’s Indigo Systems unit lured

August 1, 2012
Total Views: 58

bulk carrier heavy seas storm ocean waves
News

Marine Insurance Antitrust Probe Dropped by European Regulators

(Bloomberg) — European Union regulators dropped an antitrust probe into marine-insurance agreements among groups of ship owners, saying there

August 1, 2012
Total Views: 7

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Wednesday, August 1, 2012
arctic ice iceland Jokulsarlon glacier lake
News

Arctic Ice is “Thickest in a Decade”, Shell Forced to Shift Drilling Timetables

LONDON–Royal Dutch Shell PLC (RDSB) expects to drill eight wells in the second half of its two-year Arctic exploration program, three more than it had

August 1, 2012
Total Views: 19

milaha qatar lng carrier maersk
News

LNG Carriers of a Different Color Load at Ras Laffan

Fully-owned by Maersk until recently, the LNG carriers MILAHA RAS LAFFAN and MILAHA QATAR, recently carried out their first loading operations this month under

August 1, 2012
Total Views: 63

OSG tug barge delaware bay
News

OSG: Disappointing Quarter for MR Tankers, US Flag Sector Continues to Perform

Overseas Shipholding Group, Inc. (NYSE: OSG), one of the world’s largest publicly traded tanker companies in the world carrying nearly 11 million DWT

August 1, 2012
Total Views: 13

siem swordfish offshore psv
News

Siem Offshore Releases the Swordfish to New Owners

Siem Offshore announced today the sale and delivery of the  4500T multi-purpose ROV support vessel, Siem Swordfish, which was concluded on July 31st.  This

August 1, 2012
Total Views: 222

COSCO Guangzhou RaBoe
News

COSCO Anticipates a Difficult and Challenging Year as Revenue Falls

SINGAPORE–Cosco Corp. Ltd. (F83.SG) said Wednesday its net profit in the fiscal second quarter fell 13% as revenue from its shipyard operations fell and

August 1, 2012
Total Views: 1

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Wednesday, August 1, 2012
MV New Dehli Express
Defense

Hapag-Lloyd “Phones a Friend” from the Gulf of Aden, Royal Navy Responds

While Royal Navy ships protect the London Olympics others have rushed to prevent a pirate attack in the Middle East.  The minehunters HMS Middleton and HMS

August 1, 2012
Total Views: 25

Tuesday, July 31, 2012
ECB President Mario Draghi
News

Oil Set for First Monthly Gain in Three on Stimulus Speculation

(Bloomberg) — Oil in New York headed for the first monthly increase since April before meetings of central bank policy makers to discuss the economy and

July 31, 2012
Total Views: 3

When A Ship Sinks, Is It Really ‘Women and Children First’?
Blog

When A Ship Sinks, Is It Really ‘Women and Children First’?

Researchers from Sweden’s Uppsala University have recently released some findings of a rather interesting study that dispel popular beliefs dating back

July 31, 2012
Total Views: 287

aker arctic china icebreaker
Engineering News

China Looks to Break the Ice with New Research Vessel

To meet the increased need of polar scientific research,  China’s State Oceanic Administration (SOA), Chinese Arctic and Antarctic Administration

July 31, 2012
Total Views: 155

Russia Plays Iran Sanctions Card in Caspian Port Dispute
Ports

Russia Plays Iran Sanctions Card in Caspian Port Dispute

(Bloomberg) — Russia is taking legal action to block companies controlled by Iran from acquiring the strategic Astrakhan port on the Caspian Sea in

July 31, 2012
Total Views: 14

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Tuesday, July 31, 2012
New York City Prison Barge. Image (c) Robert Almeida/gCaptain
News

NYC’s Prison Barge – The Most Depressing Barge in the World?

New York City Prison Barge, The Vernon C. Bain Center (VCBC), is an 800-bed jail barge that is designed to handle inmates from medium- to maximum-security in

July 31, 2012
Total Views: 3266

vale china vloc rongsheng heavy industries
Engineering News

Rongsheng Heavy Faces Even Tougher Times, Market Value Has Fallen by Over $5 Billion

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., which hasn’t announced any 2012 ship orders, may find winning deals even harder

July 31, 2012
Total Views: 87

hyundai tenacity containership
Finance

Danaos Stays in the Black While Market Uncertainty Holds the Containership Sector in Limbo

With an average contract duration of over 10 years, Greek containership owner, Danaos Corporation (NYSE: DAC) is largely protected from the fluctuations found

July 31, 2012
Total Views: 17

maersk line containership
News

MAERSK Line: “We Cannot Sustain Continual Losses”

MELBOURNE–A worldwide glut of containers and a fall in demand for shipped goods during the global financial crisis have pushed shipping prices to

July 31, 2012
Total Views: 51

NYK Lines LNG Carrier
Finance

NYK Lines to Reduce LNG Carrier and FPSO Expenditures By ¥100 Billion

TOKYO–Nippon Yusen KK (9101.TO) said Tuesday that it has slashed its investment to build new liquefied natural gas carriers and floating production,

July 31, 2012
Total Views: 15

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