gCaptain – Maritime and Offshore News

Update: Port officials from the port of Abidjan have confirmed that the M/T Gascogne was in fact hijacked by pirates while in international waters. Ivory Coast

Stena Bulk A/B and palm oil production giant Golden Agri-Resources Ltd (GAR) announced today they have set up a new 50-50  joint venture to take over four

Egypt will award a license to import liquefied natural gas within two weeks as the nation’s users prepare to buy in the fuel for the first time. Egyptian

(Bloomberg) — MISC Bhd., the world’s second-largest liquefied natural gas shipper, surged the most in more than 14 years in Kuala Lumpur stock

With the shipping industry facing its toughest market conditions seen in about a quarter century, the London-based International Chamber of Shipping (ICS)

By Environment Correspondent Alister Doyle OSLO, Feb 4 (Reuters) – Plans by Arctic nations to start cooperating over oil spills are vague and fail to

The Crane barge, SMIT Borneo, arrived off the coast of Palawan province in the Philippines from Singapore today.  This vessel will be used to remove USS

By Brooke Sutherland (Bloomberg) — The International Longshoremen’s Association agreed to a new labor contract, ending 11 months of negotiations

UPDATE: Emma Maersk out for months, Maersk Line says. Original: The mighty Emma Maersk, once the world’s largest containership by TEU capacity, was

Skeletal remains, blue coveralls, and a sun-bleached life jacket emblazoned with the words SAIGON QUEEN were recently found on a beach in the Maldives.

(Bloomberg) — Losses widened for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, as a surplus of

In an interview with CNN, Maersk Group CEO Nils Anderson discusses the ever-changing, and difficult world of global shipping and the newly evolving Chinese

(Bloomberg) — Price arbitrages that make it profitable for traders to ship coal and iron ore to China may become more important in determining ship

Scorpio Tankers Inc. (NYSE: STNG) announced today that it has finalized their agreement with SPP Shipbuilding Co., Ltd. of South Korea (SPP) for the

Bureau Veritas has issued the first voluntary SEEMP notation to the 1,500 passenger ro-pax ferry ‘Cap Finistere’, operated by the European ferry

(Bloomberg) — Egypt’s army is maintaining shipping services through the Suez Canal, which handles about 8 percent of world trade, amid unrest

(Bloomberg) — Six years after the Panama Canal began a $5.25 billion expansion to capture shipments of Asian-made goods to the U.S. East Coast, the flow

– By Jonathan Wichmann Making a 170,794 ton container ship behave like a trained poodle is what Hans Peter Hansen does. He’s a harbour pilot and

(Bloomberg) — Seadrill Ltd., controlled by Norway’s John Fredriksen, dropped the most in two months in Oslo after downtime for its deepwater rigs

This series of images were allegedly taken by a fisherman off the coast of Panama. Rumor has it… the boat sank, the fisherman were rescued, and the

By Eyk Henning FRANKFURT–London-based private equity firm Star Capital Partners Ltd. is pursuing a deal that will allow it to turn one of the oldest

Crowley Maritime Corporation christened its newest tanker Wednesday during a ceremony at the Aker Philadelphia Shipyard and says it will soon put the

Netherlands-based Damen Shipyards Group unveiled today the AHTS 200, the latest vessel within their “Offshore Series” of designs.  A powerful,

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