gCaptain – Maritime and Offshore News

Ulstein announced today they have entered into a contract with Island Ventures II LLC, a joint venture partnership between Norwegian offshore operator Island

AMSTERDAM–Dutch oil services company SBM Offshore N.V. (SBMO.AE) Thursday announced a raft of new measures to put an end to a lengthy conflict over a

The worst commodity shipping market in 26 years may persist next year as an oversupply of vessels continues to curb ship owners’ ability to boost charter

Vale SA, the world’s biggest iron-ore exporter, may have paid about $158 million more for shipping in the past 19 months by using the largest available

A merger of international classification superpowers has been announced today. Norwegian classification society Det Norske Veritas (DNV) and German

By Marcy Nicholson NEW YORK – Dock workers on the U.S. Atlantic and Gulf coasts moved closer to a potential strike, which would disrupt the delivery of

Wärtsilä, the marine industry’s leading solutions and services provider, said Wednesday that its ship design unit has been hired to design a new

Cruise Lines International Association (CLIA), now the world’s largest cruise industry trade association, on Wednesday briefed the media on the progress

The U.S. Navy has come under fire this week after it was revealed that its uniforms are extremely flammable and, in some cases, can actually lead to more

LONDON – Pirates have attacked and looted a tanker off the coast of Nigeria, taking five crew members hostage, the ship’s operating company said on

Members of the Royal Navy icebreaker HMS Protector dressed as Santa Claus and Rudolf pose during a charity run for the ship’s affiliated charity, East

NAIROBI – A dozen soldiers guarding a North Korean ship impounded in Somalia’s autonomous Puntland region for maritime violations have hijacked the

The Sea Shepherd Conservation Society suffered a setback in court this week when the US Court of Appeals for the 9th Circuit ordered that the controversial

Chinese port operators agreed to buy a $135 million stake in a Taiwanese container terminal, the second-biggest mainland acquisition on the island, as closer

By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines

Julie Cruz TUI AG rose in Frankfurt after its shipping unit Hapag-Lloyd said it is discussing a possible merger with Hamburg Sud. TUI shares advanced as much

By Ivana Sekularac ZEEBRUGGE, Belgium – CMA CGM, the world’s third-largest container group, plans to list shares on the Paris Stock Exchange to get

A ship is loaded with iron ore at the port in Geraldton, Western Australia December 3, 2012. A new deepwater port on Australia’s Indian Ocean Coast was

Cheniere Energy Partners LP (CQP) reached an 20-year deal under which Total SA (TOT, FP.FR), the France-based energy major, has agreed to purchase nearly half

The U.K.’s ports, shipping and maritime services industries employ 635,000 people, contributing 8.45 billion pounds ($13.71 billion) in tax revenues,

COSCO Nangtong and Qidong Shipyards won a USD $370 million FPSO newbuild order yesterday from Dana Petroleum to build a Sevan FPSO for the Western Isles

Canadian company Fednav Limited, one of the world’s largest operators of high ice-class vessels, has recently agreed to a long term transportation

(21 November) LONDON– Eduardo Autran, Executive Manager of Supply and Logistics at Petróleo Brasileiro S.A. (Petrobras) presented the 2012

At a time when equity analysts are predicting the biggest rebound in earnings for Capesize iron-ore carriers in six years, swaps traders are betting that rates

2012 must be coming to an end because the U.S. Coast Guard has just released the year’s rescue highlight reel compilation! Check it out below: The USCG