gCaptain – Maritime and Offshore News


Friday, May 25, 2012
time charter market clarksons
Finance

Frontline Tankers’ Q1 Earnings Drop 54%, Beats Estimates

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

Friday, May 25, 2012
Total Views: 39

unsinkable titanic
Blog

The Curious case of Lloyd’s Register, The Times, and the Titanic

-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

May 25, 2012
Total Views: 829

Oskarshamnsvarvet
Engineering News

How Fast Can you Say “Damen Acquires Oskarshamnsvarvet” 10 Times?

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

May 25, 2012
Total Views: 44

Hyundai Heavy Wins $700 Million Order for Supersized Harsh Environment Semi
News

Hyundai Heavy Wins $700 Million Order for Supersized Harsh Environment Semi

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

May 25, 2012
Total Views: 130

Ship Photo of The Day – Bulbous Bow Lift
Blog

Ship Photo of The Day – Bulbous Bow Lift

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

May 25, 2012
Total Views: 955

Thursday, May 24, 2012
MSC Box Ship Cleared Following Explosion Near Puerto Rico
USCG

MSC Box Ship Cleared Following Explosion Near Puerto Rico

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

May 24, 2012
Total Views: 59

Most Read

News

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision

Federal prosecutors have reached a deferred prosecution agreement with the chief engineer of the containership Dali, with the veteran Indian mariner admitting

Energy

EU Closes Russian LNG Loophole, Barring European Shipowners and Buyers From Global Trade in Yamal Cargoes

The European Union has clarified that its upcoming ban on Russian liquefied natural gas extends far beyond imports into Europe, prohibiting EU operators from

Shipping

Ships Told They Can Use South Hormuz Route With Signals On

By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of

Featured

Iran Asserts Control Over the Strait of Hormuz

Less than 48 hours after President Donald Trump signed a memorandum of understanding with Iran to end the conflict and restore freedom of navigation through

News

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz

By Lori Ann LaRocco – The already volatile security picture in the Strait of Hormuz has taken a sharp turn for the worse as Iran moves to assert de


Thursday, May 24, 2012
Ship Photo of The Day – Parade of Sail in New York Harbor
Blog

Ship Photo of The Day – Parade of Sail in New York Harbor

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

May 24, 2012
Total Views: 27

uss miami arrives
Defense

13 Hours Later, Firefighters Extinguish Blaze on Board US Navy Fast Attack Submarine

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

May 24, 2012
Total Views: 98

ship finance international
Finance

Improved Spot Charter Market Boosts Crude Tanker Operator, Ship Finance International

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

May 24, 2012
Total Views: 30

SS Badger underway
News

Last American Coal Powered Ferry Asks Permission to Dump Ashes While Steaming

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

May 24, 2012
Total Views: 76

stealthgas defiance
News

STX Shipbuilding Sits on the Edge of a Nearly Half-Billion Dollar Deal

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

May 24, 2012
Total Views: 32

Most Read

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision
News

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision

Federal prosecutors have reached a deferred prosecution agreement with the chief engineer of the containership Dali, with the veteran Indian mariner admitting

EU Closes Russian LNG Loophole, Barring European Shipowners and Buyers From Global Trade in Yamal Cargoes
Energy

EU Closes Russian LNG Loophole, Barring European Shipowners and Buyers From Global Trade in Yamal Cargoes

The European Union has clarified that its upcoming ban on Russian liquefied natural gas extends far beyond imports into Europe, prohibiting EU operators from

Ships Told They Can Use South Hormuz Route With Signals On
Shipping

Ships Told They Can Use South Hormuz Route With Signals On

By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of

Iran Asserts Control Over the Strait of Hormuz
Featured

Iran Asserts Control Over the Strait of Hormuz

Less than 48 hours after President Donald Trump signed a memorandum of understanding with Iran to end the conflict and restore freedom of navigation through

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz
News

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz

By Lori Ann LaRocco – The already volatile security picture in the Strait of Hormuz has taken a sharp turn for the worse as Iran moves to assert de


Thursday, May 24, 2012
eastern opal AMP asia maritime pacific
News

Hong Kong-Based Drybulk Companies Unite | OSL Holdings Ltd Merges with Asia Maritime Pacific

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

May 24, 2012
Total Views: 197

transocean marianas
News

Transocean’s Marianas Contracted to Drill Offshore Namibia

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

May 24, 2012
Total Views: 79

Wednesday, May 23, 2012
damen stan pontoon launch (SPo) 12032
News

Damen Shipyards Launches Giant Pontoon in China

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

May 23, 2012
Total Views: 281

law of the sea treaty us navy
Defense

WSJ: Senate to Rehash Law of the Sea Treaty Today

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

May 23, 2012
Total Views: 31

OSG
News

OSG Supertanker Booked to Ship Forties Crude to South Korea

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

May 23, 2012
Total Views: 35

Corporate News

June 11, 2026

Inmarsat NexusWave certified by ClassNK for latest IACS cyber security standards

NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification

June 8, 2026

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.

June 8, 2026

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking

June 3, 2026

VIKING Pentagon Star provides rapid escape route from the water in disaster scenarios  

VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people

June 2, 2026

The future starts here

Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that

June 2, 2026

Resolve Marine Releases 2025 Sustainability Report

The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%

May 22, 2026

Sustainable shipping without the spin

To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects

Corporate News

June 11, 2026

Inmarsat NexusWave certified by ClassNK for latest IACS cyber security standards

NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification

June 8, 2026

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.

June 8, 2026

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking

June 3, 2026

VIKING Pentagon Star provides rapid escape route from the water in disaster scenarios  

VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people

June 2, 2026

The future starts here

Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that

June 2, 2026

Resolve Marine Releases 2025 Sustainability Report

The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%

May 22, 2026

Sustainable shipping without the spin

To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects


Wednesday, May 23, 2012
drilling rig semisubmersible ship shipyard
Blog

Atwood Condor or Star Destroyer? You Decide.

When former shipmate, Captain Adam Iverson from the Atwood Condor sent these images to me the other day, I felt an immediate sense of envy followed by a desire

May 23, 2012
Total Views: 249

jumbo shipping jubilee gorgon caissons

Jumbo Conducts Heavy Lift in Support of Gorgon LNG Export Facility Development

Not only is Barrow Island, Australia a Class A Nature Reserve, but soon it will be an important LNG export hub from the Gorgon Field, one of the largest

May 23, 2012
Total Views: 113

Tuesday, May 22, 2012
Alaskan Ferry T-Bone’s Fish Processing Plant [INCIDENT VIDEO]
Blog

Alaskan Ferry T-Bone’s Fish Processing Plant [INCIDENT VIDEO]

Here is some video taken from onboard the Matanuska ferry at the moment it crashed into the Ocean Beauty Seafood dock and processing plant in Petersburg,

May 22, 2012
Total Views: 295

helix plet installation
Multimedia

Helix’s EXPRESS Commences Subsea Installation Work Offshore Israel [IMAGES]

After wrapping up her deepest work ever at ENI’s Devil’s Tower Southwest project in the Gulf of Mexico, and another subsequent pipelay project in

May 22, 2012
Total Views: 165

transocean deepwater horizon disaster bp
News

Transocean CFO Misspeaks, it’s NOT Likely Employees Will be Indicted in DWH Disaster

HOUSTON–Transocean Ltd. (RIG, RIGN.VX) said an executive misspoke Tuesday morning when he said that the company expected the U.S. to file more charges

May 22, 2012
Total Views: 97

gCaptain-jobs
gCaptain-jobs

Find Your Next Opportunity

Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.


Tuesday, May 22, 2012
COSCO 57000 dwt bulk carrier guangdong
Engineering News

COSCO Shipyards Deliver Three New Bulk Carriers to Asian Clients

COSCO Corporation (Singapore) Limited announced today that their subsidiaries, COSCO Shipyard Group Co., have delivered three bulk carriers to Asian buyers

May 22, 2012
Total Views: 86

SOTC jack-up abs singapore
Blog

Larger, Deeper, and More Efficient – Offshore Technology Centers Provide Solutions to Shipbuilding Challenges

By Neville Smith Asian shipyards are moving into added value offshore fabrication and construction and ABS is aiding the transition through the work of its

May 22, 2012
Total Views: 69

Gerald R. Ford Build Sequence: Keel-laying to Launch in Under Two Minutes [VIDEO]
Blog

Gerald R. Ford Build Sequence: Keel-laying to Launch in Under Two Minutes [VIDEO]

Here is a three-dimensional rendering of Gerald R. Ford (CVN 78) supercarrier’s build sequence, from keel-laying to launch.

May 22, 2012
Total Views: 481

U.S. Honors Merchant Marine on National Maritime Day
Blog

U.S. Honors Merchant Marine on National Maritime Day

Today here in the U.S. is National Maritime Day! National Maritime Day was officially declared by Congress in 1933 to honor the contributions of the American

May 22, 2012
Total Views: 51

magne viking supply ship
News

Magne Viking Contracted by Chevron to Work Alongside the Stena Carron

Viking Supply Ships, one of TransAtlantic’s two business areas, announced today the receipt of a contract award for their AHTS-vessel, Magne Viking, to

May 22, 2012
Total Views: 867