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gCaptain – Maritime and Offshore News


Thursday, July 19, 2012
italy offshore oil fields
News

Nearly Broke, Italy Looks to Restart Economy By Ending Offshore Drilling Ban

(Bloomberg) — Mario Monti’s government is trying to attract as much as $18 billion in investment to Italy by relaxing a ban on offshore oil and

Thursday, July 19, 2012
Total Views: 152

vietnam indian flags india petrovietnam ongc
News

India’s ONGC Will Continue to Explore Offshore Vietnam, Much to China’s Discontent

NEW DELHI–India’s state-run Oil & Natural Gas Corp. (500312.BY) will continue to explore for oil and gas offshore Vietnam in the South China

July 19, 2012
Total Views: 16

torm
Finance

Crushed By Debt, Torm Responds to Latest Claims By Danish Media

COPENHAGEN–Financially-troubled Danish shipper Torm A/S (TORM.KO) said Thursday it is still in talks to seal a long-term debt refinancing deal that

July 19, 2012
Total Views: 0

Wednesday, July 18, 2012
Exxon Valdez Still Fighting on Death Row
Blog

Exxon Valdez Still Fighting on Death Row

The M/V Oriental Nicety, aka the Exxon Valdez, is due to appear in front of India’s Supreme Court on Thursday to determine whether or not the vessel is

July 18, 2012
Total Views: 28

Gairsoppa silver
News

Deep Water Treasure Hunters Recover 48 Tons of Silver from WWII Cargo Ship

(Bloomberg) — Odyssey Marine Exploration Inc., a deep-ocean exploration company, said it recovered about 48 tons of silver from a World War II shipwreck

July 18, 2012
Total Views: 201

Documenting the Use of Deadly Force [OP/ED]
Blog

Documenting the Use of Deadly Force [OP/ED]

By Kevin Sorbello Every ship has a right to defend itself from attack.  Fire hoses, LRAD systems, small arms, professional security teams, or military

July 18, 2012
Total Views: 31

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Wednesday, July 18, 2012
aground ship grounding shore accident
Incidents

T/S Empire State Gives a Little Love to an Azorean Jetty [INCIDENT PHOTO]

In mid-May, the SUNY Maritime training ship, Empire State, paid a visit to the Azores and left a bit of their bottom paint on the jetty.  This image was

July 18, 2012
Total Views: 20

Déjà Vu: Ferry Sinks Off Zanzibar Coast [UPDATED]

Déjà Vu: Ferry Sinks Off Zanzibar Coast [UPDATED]

Update 2: 38 Confirmed Killed, 100 More Missing in Latest Ferry Sinking Update 1: At least 24 people have been killed and dozens more missing according to BBC.

July 18, 2012
Total Views: 9

chinese guided missile frigate
News

Hijacked Crew of Fishing Vessel Rescued After 18 Months of Pirate Control

(Bloomberg) — China secured the release of a 26- man crew aboard a Taiwanese fishing boat that was captured by Somali pirates more than 18 months ago,

July 18, 2012
Total Views: 9

front chief vlcc frontline tanker crude oil
News

US and China Sit on Huge Stockpile of Crude as VLCC Charters Hit 17-Month Low

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month

July 18, 2012
Total Views: 5

Tuesday, July 17, 2012
Aussie Billionaire’s Titanic II Plans Revealed
Blog

Aussie Billionaire’s Titanic II Plans Revealed

Australian billionaire and political-hopeful Clive Palmer on Tuesday offered the first glimpse into his Blue Star Line’s Titanic II replica project and

July 17, 2012
Total Views: 35

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Tuesday, July 17, 2012
U.S. Navy to Deal With Fishermen Shooting Fallout
Navy

U.S. Navy to Deal With Fishermen Shooting Fallout

The Indian Foreign Ministry on Tuesday called on the UAE and U.S. government to conduct a full investigation into Monday’s fatal shooting off the coast

July 17, 2012
Total Views: 70

PBCF Propeller Boss Cap Fins
Engineering News

Propeller Technology to Make Your Ship More Efficient

Appendages to the propulsion system at the stern of a vessel can offer ship owners and operators an easy and relatively painless solution to improving fuel

July 17, 2012
Total Views: 3441

maersk sealand

Costamare Mulling Ship Purchases as Competitors Struggle

(Bloomberg) — Costamare Inc., the Greek owner of 46 chartered container ships, is looking to acquire more vessels as asset values in the shipping

July 17, 2012
Total Views: 7

shell bonga fpso
Incidents

Nigerian Oil Spill Could Result in Astronomical $5 Billion Fine for Shell

LONDON (Dow Jones) —Royal Dutch Shell PLC (RDSB.LN) could face a record $5 billion fine from authorities in Nigeria for an oil spill off the coast of

July 17, 2012
Total Views: 32

maersk norwich whale strike
News

Sad Scene in Rotterdam After Containership Spears Whale with Bow Bulb

By Hursh Joshi, MaerskLineSocial Maersk Line does everything it can to avoid creating a negative impact on the marine environment. Despite these efforts on

July 17, 2012
Total Views: 201

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Tuesday, July 17, 2012
Elly Maersk container ship
News

Greater Reliability Saves Money, Maersk Line Provides Top-Ranked Service [REPORT]

(Bloomberg) — The world’s container shipping lines boosted reliability in June in terms of the number of boxes delivered on time, according to a

July 17, 2012
Total Views: 14

bet fighter seanergy
News

Destined for Immediate Demolition, Seanergy Sells Capesize Bulker

In a move to reduce debt, and to the overall benefit of the struggling dry bulk industry, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today that

July 17, 2012
Total Views: 5

seajacks hydra
News

Seajacks Orders Self-Propelled Jackup Destined for North Sea Work

Seajacks announced today they have placed an order with UAE-based Lamprell for the construction of a new self-propelled jack-up vessel, specifically designed

July 17, 2012
Total Views: 311

UT 776 WP rolls royce psv
Engineering News

Rolls-Royce Signs £10 million Contract for New Wave-Piercing OSV

Rolls-Royce announced today that they have signed a £10 million contract with Simon Møkster Shipping for a wave piercing offshore vessel with a striking

July 17, 2012
Total Views: 45

MSC Flaminia Update: Blast Leaves Two Dead, Three Injured [UPDATED]

MSC Flaminia Update: Blast Leaves Two Dead, Three Injured [UPDATED]

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC Flaminia After Blast, Firefighting Efforts Underway

July 17, 2012
Total Views: 85

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