gCaptain – Maritime and Offshore News


Thursday, February 23, 2012
Matterhorn Spirit Teekay
Finance

Teekay’s 4th Quarter Profit Heavily Impacted by Derivatives, Falls 44%

(Dow Jones) Teekay Corp.’s (TK) fourth-quarter earnings fell 44% on the impact of derivatives and other items, though the company reported revenue

Thursday, February 23, 2012
Total Views: 27

siem offshore
News

Strong Demand for Offshore Supply Vessels, Norwegian Operator Doubles Profit in 4th Quarter

(Dow Jones) Norwegian supply vessel operator Siem Offshore Inc. (SIOFF.OS) said Thursday that a relatively strong market for supply vessels in the North Sea as

February 23, 2012
Total Views: 292

marine rig sembcorp shipbuilding
Engineering News

Sembcorp Shipbuilding: “Fundamentals for the Offshore O&G Industry Remain Intact”

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd.’s (S51.SG) fourth-quarter net profit fell 4.3% mainly because of lower operating profit from rig

February 23, 2012
Total Views: 30

Hanjin London 5300-TEU-Class
Finance

Hanjin Shipping To Maintain Oil Hedging Ratio At 30% Due to Fuel Price Volatility

SEOUL (Dow Jones)–Hanjin Shipping Co. (117930.SE) will maintain a oil hedging ratio of 30% of bunker fuel purchases this year in order to be less

February 23, 2012
Total Views: 46

mol maneuver
Collision

Failed to “Maneuver” – Containerships Collide on the High Seas Off Hong Kong

TOKYO – Mitsui O.S.K. Lines, Ltd. today announced that the 78,000 DWT MOL-operated containership MOL Maneuver collided with the containership Zhen

February 23, 2012
Total Views: 150

Wednesday, February 22, 2012
genco ardennes
Finance

Genco Offers $50M in Stock, Shares Fall 10% After Hours

(Dow Jones) Genco Shipping & Trading Ltd. (GNK) unveiled plans to offer $50 million worth of common stock to pay for general corporate purposes. Shares of

February 22, 2012
Total Views: 25

Most Read

Featured

UN’s Maritime Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships

The International Maritime Organization is working on an evacuation plan for hundreds of ships that have been stuck in the Persian Gulf since US and Israeli

Featured

Search Intensifies After Cargo Ship Mariana Found Overturned Near Saipan

The U.S. Coast Guard and an expanding multinational task force are racing against time in the remote waters of the western Pacific after the U.S.-flagged cargo

Shipping

Hormuz Traffic at Standstill as US Vessel Seizure Widens Risk

Commercial traffic through the Strait of Hormuz is at a virtual standstill on Monday after a brief and confused reopening over the weekend ended with the first

News

Iran Seizes Two Ships in Hormuz After Trump Halts Attacks Indefinitely

 Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after U.S. President Donald Trump called off

Featured

Three Ships Including an Iranian Vessel Attempt Hormuz Transits

Three vessels — two cargo ships and a fuel tanker — appeared to be attempting to transit the Strait of Hormuz early on Tuesday as US and Iranian blockades


Wednesday, February 22, 2012
Why it’s Important Hollywood and the Media Get it Right [OP/ED]
Blog

Why it’s Important Hollywood and the Media Get it Right [OP/ED]

By Kevin Sorbello, Chief Engineer Hollywood and the media rely on sensationalism in a very competitive and time sensitive market.  Pictures and video try to

February 22, 2012
Total Views: 71

More Bodies Found on Costa Concordia

More Bodies Found on Costa Concordia

UPDATE: The number of bodies found has now risen to 8 according to various reports.  The death toll is now at 25.  Four of the bodies have been recovered

February 22, 2012
Total Views: 67

The Evolution of STCW, a Satire [VIDEO]
Blog

The Evolution of STCW, a Satire [VIDEO]

Contact the RYA, see if they have a two-man crew, preferably a dyslexic, and an

February 22, 2012
Total Views: 77

mars tanker royal fleet auxiliary
Engineering News

DSME Wins £452M Contract to Build 4 Royal Navy Fleet Auxiliary Tankers

A new generation of 37,000-tonne tankers have been ordered for the Royal Navy fleet, the Ministry of Defense announced today. The new Military Afloat Reach and

February 22, 2012
Total Views: 297

onboard dc grid abb
Blog

How Shipboard DC Power Saves You Money, and Reduces Environmental Impact [INFOGRAPHIC]

– By ABB Marine The Onboard DC grid provides a highly efficient power distribution system that allows a wide range of seagoing vessels to cut their fuel

February 22, 2012
Total Views: 120

Most Read

UN’s Maritime Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships
Featured

UN’s Maritime Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships

The International Maritime Organization is working on an evacuation plan for hundreds of ships that have been stuck in the Persian Gulf since US and Israeli

Search Intensifies After Cargo Ship Mariana Found Overturned Near Saipan
Featured

Search Intensifies After Cargo Ship Mariana Found Overturned Near Saipan

The U.S. Coast Guard and an expanding multinational task force are racing against time in the remote waters of the western Pacific after the U.S.-flagged cargo

Hormuz Traffic at Standstill as US Vessel Seizure Widens Risk
Shipping

Hormuz Traffic at Standstill as US Vessel Seizure Widens Risk

Commercial traffic through the Strait of Hormuz is at a virtual standstill on Monday after a brief and confused reopening over the weekend ended with the first

Iran Seizes Two Ships in Hormuz After Trump Halts Attacks Indefinitely
News

Iran Seizes Two Ships in Hormuz After Trump Halts Attacks Indefinitely

 Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after U.S. President Donald Trump called off

Three Ships Including an Iranian Vessel Attempt Hormuz Transits
Featured

Three Ships Including an Iranian Vessel Attempt Hormuz Transits

Three vessels — two cargo ships and a fuel tanker — appeared to be attempting to transit the Strait of Hormuz early on Tuesday as US and Iranian blockades


Wednesday, February 22, 2012
tanjung pelepas apm terminals
News

Economic Growth Doesn’t Happen Without Infrastructure, Indonesia Faces Development Issues

JAKARTA (Dow Jones)–Indonesia needs to move quickly to expand and modernize its ports to keep up with a recent increase in exports and imports generated

February 22, 2012
Total Views: 34

apl neptune orient lines containers shipping
Finance

A Full Year of Losses for Neptune Orient Lines [REPORT]

SINGAPORE (Dow Jones)–Singapore’s Neptune Orient Lines Ltd. (N03.SG) on Wednesday reported a fourth consecutive quarter of losses and said it is

February 22, 2012
Total Views: 60

Tuesday, February 21, 2012
viking line ferry nb 1376
Engineering News

Sweden’s AGA Gas to Provide Cryogenic Fuel for Viking Line’s Ultra-Low Emissions Flagship

Northern Europe’s leading industrial gas company, AGA Gas AB, and Viking Line have signed an agreement on delivery of liquefied natural gas (LNG) to

February 21, 2012
Total Views: 77

deepwater horizon fire
News

BP’s Survival Was at Risk – Chairman

STOCKHOLM -(Dow Jones)- The survival of BP PLC (BP) was at risk after the company was essentially shut out of lending markets following the Gulf of Mexico oil

February 21, 2012
Total Views: 27

OSD Inks Design Contracts for Ten New PSV Orders
Engineering News

OSD Inks Design Contracts for Ten New PSV Orders

The Netherlands-based Offshore Ship Designers, or OSD, said Tuesday it has sealed a deal with two offshore operators to provide the ship design for 10 large

February 21, 2012
Total Views: 58

Corporate News

11 hours ago

ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore

In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and

April 21, 2026

Immersion Suit Rises To Challenge For Faster Protection

Donning speed for emergency situations is a primary attraction of a new immersion suit from VIKING Life-Saving Equipment that is made to measure up to US-specific

April 16, 2026

ABS and UNITED WATERWAYS Announce Planned Joint Venture to Advance Maritime Training

ABS and UNITED WATERWAYS (UW) have signed a letter of intent to establish a joint venture with River Academy, UW’s training and education subsidiary, to support crew competence

April 15, 2026

ABS and Alfred Maritime to Advance Fleet Operations and Safety for Cruise Vessels

ABS and Alfred Maritime GmbH have signed a memorandum of understanding (MOU) to explore technical projects that benefit cruise operators, vessels, crews and passengers. The MOU

April 13, 2026

VIKING Helix Shapes Simpler, Easier Ship Evacuation At Speed

A new generation marine evacuation system (MES) from VIKING Life-Saving Equipment offers a faster exit for passengers, simpler operation for crew and easier service for cruise and

April 13, 2026

Immersion Suit Rises To Challenge For Faster Protection

Donning speed for emergency situations is a primary attraction of a new immersion suit from VIKING Life-Saving Equipment that is made to measure up to US-specific

April 9, 2026

Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

Corporate News

11 hours ago

ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore

In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and

April 21, 2026

Immersion Suit Rises To Challenge For Faster Protection

Donning speed for emergency situations is a primary attraction of a new immersion suit from VIKING Life-Saving Equipment that is made to measure up to US-specific

April 16, 2026

ABS and UNITED WATERWAYS Announce Planned Joint Venture to Advance Maritime Training

ABS and UNITED WATERWAYS (UW) have signed a letter of intent to establish a joint venture with River Academy, UW’s training and education subsidiary, to support crew competence

April 15, 2026

ABS and Alfred Maritime to Advance Fleet Operations and Safety for Cruise Vessels

ABS and Alfred Maritime GmbH have signed a memorandum of understanding (MOU) to explore technical projects that benefit cruise operators, vessels, crews and passengers. The MOU

April 13, 2026

VIKING Helix Shapes Simpler, Easier Ship Evacuation At Speed

A new generation marine evacuation system (MES) from VIKING Life-Saving Equipment offers a faster exit for passengers, simpler operation for crew and easier service for cruise and

April 13, 2026

Immersion Suit Rises To Challenge For Faster Protection

Donning speed for emergency situations is a primary attraction of a new immersion suit from VIKING Life-Saving Equipment that is made to measure up to US-specific

April 9, 2026

Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.


Tuesday, February 21, 2012
IMO Secretary General brenda pimentel
News

Philippine Transmarine Carriers Hosts IMO Sec’y General, Presents Top-Shelf Training Facility for Seafarers

In his first official visit to the country after assuming office last January 2, International Maritime Organization (IMO) Secretary General Koji

February 21, 2012
Total Views: 240

faststream recruitment
News

UK-Based Recruitment Firm Allegedly Withholds Pay to Gulf Oil Spill Workers, Legal Battle Ensues

Just under two years ago, Faststream Recruitment, a UK-based maritime recruitment firm was hired by BP to provide contract workers for the Gulf of Mexico oil

February 21, 2012
Total Views: 34

port of Djibouti Robert Almeida photography
Engineering News

Damen Shipyards to Deliver a Modular Drydock to Djibouti

Djibouti’s busy port is one of the most important gateways to the African continent and is strategically located at the confluence of the Red Sea and the

February 21, 2012
Total Views: 553

APL Sardonyx - IMO 9077458
News

Diana Containerships Takes Delivery of the APL Sardonyx

Diana Containerships Inc. (Nasdaq:DCIX), a global shipping company specializing in owning and operating containerships, today announced that the Company took

February 21, 2012
Total Views: 52

Italy and India Stand Off Over M/V Enrica Lexie Incident [UDPATED]
Blog

Italy and India Stand Off Over M/V Enrica Lexie Incident [UDPATED]

Tensions are escalating between Italy and India over who exactly holds jurisdiction over last weeks incident involving the killing of two Indian fisherman by

February 21, 2012
Total Views: 128

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, February 21, 2012
neptune wind farm installation vessel jackup
Multimedia

Huisman Delivers 600MT Crane to Offshore Windfarm Jack-Up “Neptune” [VIDEO]

Huisman, the specialist in lifting, drilling and subsea solutions, successfully delivered the 600mt Wind Turbine Installation Crane onboard GeoSea’s DP2

February 21, 2012
Total Views: 290

Terminal Muelle Norte Callao Peru apm terminals
News

Shipping to South America? APM Terminals Invests Millions in Peruvian Port

Callao terminal productivity surges 63% in seven months as $27 million invested Callao, Peru– Since assuming control of the North Terminal on July 1,

February 21, 2012
Total Views: 111

Monday, February 20, 2012
China’s Dongfang Shipbuilding Works Through Finance Issues, Work put on Hold at DFS
Engineering News

China’s Dongfang Shipbuilding Works Through Finance Issues, Work put on Hold at DFS

View Larger Map LONDON (Dow Jones)–Dongfang Shipbuilding Group Company Ltd (DFS.LN), said Monday that the company’s

February 20, 2012
Total Views: 79

Danica hav ais data track
News

AIS Track Data Reveals Drunken Ship Driving by Russian Captain [UPDATE]

Musta been a heck of a night for the master of the Danica Hav before he pulled out of the Swedish port of Varberg. A few hours later he

February 20, 2012
Total Views: 86

BMT Subsidiary to Design Wind Farm Support Vessels for European Market
Engineering News

BMT Subsidiary to Design Wind Farm Support Vessels for European Market

BMT Group said Monday that its subsidiary, BMT Nigel Gee, will provide the design for eight new Windfarm Support Vessels to be constructed by the Australian

February 20, 2012
Total Views: 74