gCaptain – Maritime and Offshore News

LEEVAC Shipyards in Jennings, Louisiana has announced that it has received an order to build two 270-foot diesel electric PSV’s for Aries Marine of

By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of commodity freight costs, slumped for an eighth day as storms curbed charters

(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned energy company, offered to buy out shipping unit MISC Bhd. in a deal worth 8.7

UPDATE Jan. 24, 2013: Cannibal Rat-Infested Ghost Ship Story Hijacks the Internet -FAQ 3 years ago the M/V Lyubov Orlova was an expedition cruise ship

The closed-circuit cameras on a yacht in Portosole, Sanremo, Italy captured the moment when on Jan. 23, 2013 a wave crashed over the sea wall, sending a

Scorpio Tankers Inc.’s (STNG) offering of 30.7 million shares priced at a 5.2% discount of Tuesday’s close. The company will sell the shares at

HOUSTON – Kirby Corporation (NYSE:KEX), the largest domestic tank barge operator in the United States announced their 4th quarter earnings today,

(Bloomberg) — Golden Ocean Group Ltd., the shipping company controlled by billionaire John Fredriksen, rose the most in a week in Oslo trading after

AMSTERDAM–Dutch dredging company Koninklijke Boskalis Westminster NV (BOKA.AE) said Thursday it has closed the debt financing for the intended takeover

LONDON–Royal Dutch Shell PLC (RDSA, RDSA.LN) Chief Executive Peter Voser said Thursday that both its Alaska drilling rigs need more work before they

WASHINGTON – Frank Peake, the former president of Sea Star Line LLC, was found guilty on Tuesday by a federal jury in Puerto Rico of participating in a

By Debbie Cai Golar LNG Ltd. (GLNG) has agreed to sell the company that owns and operates the liquefied natural gas carrier, the Golar Maria, together with

A 16-mile stretched of the lower Mississippi River near Vicksburg remained closed Wednesday as response crews scramble to clean up and contain an oil spill

The US Coast Guard’s Office of Investigations and Casualty Analysis has released a compilation of the past 4 years of maritime and offshore safety

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today that its subsidiary, Maritime Capital Shipping (MCS), has sold its ownership interest in four

RIO DE JANEIRO — A federal prosecutor in Brazil is seeking an injunction to halt work at the Acu port complex, an important part of billionaire Brazilian

By John A C Cartner, Special to Piracy Daily Navy sounds sexy. Private navy sounds ultra-sexy. Typhon says it has one. Typhon does not. A private vessel

The European Commission (EC) has agreed to a Finnish incentive program for investment in greener ships. The EC has found that amendments to this existing

(Bloomberg) — Iron ore is poised to decline through the end of March as China, the world’s largest user, has a week-long holiday next month and

(Bloomberg) — A record soybean crop in Brazil, set to be the world’s largest producer and exporter this season, is creating a backlog of ships at

The cutting edge Seven Viking vessel, designed to support Statoil’s harsh-environment operations in the North Sea and Norwegian Continental Shelf is

LONDON–Iran Wednesday confirmed it was seeking ways to recover a natural-gas platform made by an affiliate of Iran’s Revolutionary Guards after it

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, booked a tanker to haul a cargo to the U.S. Gulf Coast next

By Alan Bjerga Almost 800 barges are backed up in the southern portion of the Mississippi River while an oil spill is cleaned up, the U.S. Coast Guard said.

First too damaged to tow, now too damaged to lift… It appears that further deterioration of the grounded USS Guardian on a reef in the Philippines has