gCaptain – Maritime and Offshore News

SAINT PETERSBURG – OAO Sovcomflot (SCF Group) announced on Friday that Citigroup and Bank of America Merrill Lynch signed a USD $140 million, 7 year

In the second day of St. Petersburg International Economic Forum, Russia’s largest shipbuilder, United Shipbuilding Corporation (USC), signed a joint

By Elisabeth Ferland The military, business leaders, environmentalists, and labor groups all support the ratification of the U.N. Convention on the Law of the

If we’ve learned anything from the economic plight of the last few years, it’s the benefits of legal certainty for economic growth. Yet when small

On April 6th, satellite-image-monitoring-environmental group SkyTruth identified a 92-mile slick off Congo and Angola captured in the above photo that was

14-21 June 2012 Composite close – $660.95 MT Oil prices continued their fall this past week as WTI reached new eight month lows and Brent reached lows

LONDON–The sliding price of North Sea Forties crude, the main component of global benchmark Brent, is set to find support as up to 2 million barrels of

SINGAPORE (Dow Jones) —National Iranian Oil Co. will move its top fuel oil trader to head its Beijing office next month just as Europe’s embargo

Technip announced today they have been awarded a services contract for the Ichthys floating production storage and offloading (FPSO) unit.  This contract

At the Überseebrücke pier, the Port of Hamburg has for the first time been able to welcome an LNG-fuelled ship. The KV BARENTSHAV belongs to the

I just noticed that Maersk Oil updated their Facebook “cover photo” with this fantastic image this morning. Do you notice anything odd about it

The U.S. Army Corps of Engineers (USACE) on Wednesday submitted to Congress it’s awaited “U.S. Port and Inland Waterways

I met up with Pankaj Khanna, Chief Marketing Officer at Ocean Rig UDW at Marine Money in New York this week.   Ocean Rig (ORIG:NASDAQ) owns 9 offshore

French offshore supply shipowner Bourbon Offshore said Thursday that it has landed 420 million euros in new financing to help with the company’s massive

Qatar Shipping SPC, a wholly owned subsidiary of Milaha (Qatar Navigation QSC), has secured a ten year US $110 million ship financing facility with QNB.

View Larger Map SYDNEY–A major rescue effort is underway after a boat carrying up to 200 asylum seekers capsized off the coast of Australia’s

OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) said Thursday it expects global oil demand to peak at 103 million barrels a day around 2030,

Polarcus Limited (OSE: PLCS), a marine geophysical company headquartered in the UAE, announced today they had taken delivery of the Polarcus Adira, the eighth

Island Offshore took delivery today of the MV Island Crusader from STX OSV, Brevik.  This is the first of two Rolls-Royce designed gas powered vessels ordered

With onlookers gazing and traffic halted, the Zen Hua 13 heavy lift ship, loaded with four of the world’s largest gantry cranes, made its way up the