gCaptain – Maritime and Offshore News

LONDON – Tokyo-based ship classification society Nippon Kaiji Kyokai, better known as ClassNK, officially announced that its register had surged past

RIO DE JANEIRO (Dow Jones)–The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, has

United Arab Chemical Carriers Ltd (UACC) is a Dubai-based shipowner with a modern fleet of 13 product tankers within the medium range (MR) (46,000–50,000

A brand new luxury Chinese-built cruise ship proved to tall for a suspension bridge spanning the Oujiang River located in Wenzhou city, Zhejiang, China after

Conditions in the atmosphere and the ocean favor a near-normal hurricane season in the Atlantic Basin this season, NOAA announced today from Miami at its

Lloyd’s Register recently met Mr Ali Obaid Al-Yabhouni, CEO of ADNATCO and NGSCO, in his offices in Abu Dhabi, to discuss the challenges facing the

Stabilized-volatility would be the most accurate description of the oil markets this past week.  Overall crude prices closed down only about $1 bbl this week;

The Master and Second Officer of the stricken M/V Rena that has been stuck on Astrolabe Reef since grounding on October 5 have each been sentenced to seven

COPENHAGEN — The port-operating arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), APM Terminals, said Thursday it has made

Frontline Ltd.’s (FRO) first-quarter earnings fell 53% on a double-digit drop in revenue as the company said demand in the tanker market continues to lag

-By Christopher Browne,  The message was brief and cryptic: “Struck an iceberg and sank in latitude 41.16 N, longitude 50.14 W”. It might have been just

Damen Shipyards Group announced today that they have taken over the shares of Swedish ship repair and maintenance yard Oskarshamnsvarvet in Oskarshamn. The

Fred Olsen Energy ASA announced today that one of their wholly owned subsidiaries has entered into a turnkey, $700 million contract with Hyundai Heavy

Huntington Ingalls’ Newport News Shipbuilding (NNS) division this week reached a major milestone in the construction of the U.S. Navy’s new

The MSC containership idled since suffering an onboard explosion eleven days ago off the coast of Puerto Rico has been cleared to move on, the U.S. Coast Guard

Here is an aerial shot of New York harbor during the “Parade of Sail”, an event that officially marks the start of Fleet Week in New York. This

USS Miami, an American Los Angeles-class “improved” fast attack submarine was undergoing a routine maintenance shipyard availability at Portsmouth

(Dow Jones) Ship Finance International Ltd.’s (SFL) first-quarter profit rose 21% on a stronger performance in the tanker market. The company, which

  Via K&L Gates Lake Michigan Carferry, Inc., the operator of the SS Badger today filed the first ever individual permit application to authorize

STX Offshore and Shipbuilding announced this week a signed $120 million Letter of Intent (LOI) with an unnamed Greek owner to build two 6,500-CBM LPG vessels

Asia Maritime Pacific Ltd and OSL Holdings Ltd announced that as of 17 May 2012 the two companies have merged their Hong Kong-based operations. The new merged

RIO DE JANEIRO -(Dow Jones)- Brazilian oil startup HRT Participacoes em Petroleo SA (HRTP3.BR) said Wednesday that it had hired a semisubmersible drill rig

Damen Shipyards has launched the first of its newly designed Stan Pontoon (SPo) 12032 which is the longest pontoon they’ve ever built, and part of a

By Keith Johnson and Julian E. Barnes WASHINGTON (Dow Jones)–The Senate will hold on Wednesday its first hearing since 2007 on ratification of the

LONDON (Dow Jones)–More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has