gCaptain – Maritime and Offshore News

The driver of a tractor trailer aboard the MV Alborán, a car ferry operating between Algeciras, Spain and Ceuta, Morocco, is definitely lucky to be alive,

– Carbon War Room Global fuel prices are rising inexorably, while extraterritorial bodies are putting forth new and stricter environmental legislation

0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,

BP PLC (PB.LN) Friday said it has appointed Lamar McKay as head of oil and gas production and development and he will take up the position Jan. 1, 2013. The

Maersk made some comments recently that indicated they may be moving away from the shipping business, however Group CEO Nils Anderson makes it 100% clear in

AMSTERDAM-based Oranjewerf Ship Repair appears to be a fast mover. Last Friday, the Damen Shipyards branch acquired the order to overhaul the former radio

(Bloomberg) — Nexus Energy Ltd., an Australian oil and gas explorer, said further exploration at the Crux field may justify the development of a floating

Earlier in November, Korea’s Hyundai Mipo Dockyard (HMD) delivered a highly innovative vessel named the King Gregory, a Lloyd’s Register-classed,

A 278-meter containership had to be refloated Wednesday from a sandy bank near Prince Rupert Harbour, BC after running aground as it maneuvered around a small

Norwegian oil and gas exploration and production service provider Fred. Olsen Energy ASA (FOE.SE) said Wednesday it has decided not to exercise the option for

(Bloomberg) — A glut of the largest oil tankers in the Middle East is poised to fall to the lowest in 22 weeks as crude shipments to refineries across

Vantage Drilling (NYSE: VTG) said Tuesday that the company has invested $31 million in a new joint venture established for the purpose of constructing a new,

Either that or these guys are just very well-dressed, and very tiny shipyard workers.

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today reported a net income of

Louisiana-based Otto Candies said this week that it will be working with Norway’s Marin Teknikk on a new subsea support and construction vessel (SSCV) to

HONG KONG–China Shipping Container Lines Co. (2866.HK), or CSCL, plans to sell a fifth of its shipping containers for US$358.6 million to raise cash and

APM Terminals and its consortium partners announced today their plans to carve out a huge new shipping port and Free Trade Zone from the Nigerian coastline at

Maersk’s movement away from the shipping business continued ahead today with the sale of their entire Handygas tanker fleet to Navigator Gas.

(Bloomberg) — China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and

A video surfaced Monday showing Friday morning’s explosion on board a production platform located just off the Louisiana coast in the US Gulf of

By Anna Miars, Unlike the samba beats that punctuate the late night air in Rio de Janeiro, it’s the clamor of construction equipment and hum of machinery

The U.S. Coast Guard on Monday said that it will be part of the Italian-led investigation into the fatal grounding of the Costa Concordia off the coast of

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over

International Shipholding Corporation (NYSE: ISH) announced last week that in light of current market conditions, it has decided not to proceed with its

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced late last week that BP and Shell were the successful bidders for exploration licenses