gCaptain – Maritime and Offshore News

Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low

Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$213 million contract to build a Pacific Class 400 jack-up drilling rig. The Pacific Class 400

Norwegian-based shipbuilder and ship design firm ULSTEIN said today that it has delivered the first of 6 new platform supply vessels to be built in Brazil. 

The United States Merchant Marine is an industry which attracts the country’s most dedicated and hardy workers. But even a few of the most rugged of high

The USS Savannah (AOR-4), a Wichita-class tanker almost as long as two football fields, was operated by Military Sealift Command to refuel warships in the

“Bert and I come down to the dock about six o’clock in the early morning. Bert went into the boathouse to fetch the pots and the slickers and I

Only 300-400 Right whales are left on this planet. Don’t be that guy who accidently kills one due to carelessness, keep your speed under 10 knots when

Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated

Hoegh LNG and Perushaan Gas Negara (PGN) signed a final agreement on 25 January 2012 to provide PGN with an FSRU and mooring system offshore Belawan, near the

According to a statement by the Indian Coast Guard, two fishermen are now dead due to a tragic case of mistaken identity off the coast of India. While sailing

A key defense contract will be staying in the Crowley family of companies, according the Crowley subsidiary TITAN Salvage. The salvage and wreck removal

By Sean Bond, ABS Director of Environmental Solutions The potential of LNG to be a ‘fuel of the future’ for the shipping industry is a subject we

30 years ago today the Ocean Ranger, a semisubmersible drilling rig, sank during a vicious winter storm while drilling an exploration well off the coast of

The Volvo Ocean Race fleet has completed the first 3 of their 9 total legs around the world and the fleet is gearing up for racing in-port Sanya, China before

Four months after it began, the underwater volcanic eruption off El Hierro Island persists. This natural-color satellite image, collected on February 10,

The Great Eastern Shipping Company Ltd. took delivery of its 318,000 DWT Very Large Crude Carrier (VLCC) Ardeshir H Bhiwandiwalla from Hyundai Heavy

The Club’s Egyptian correspondent has advised us of changes to the domestic law in Egypt concerning regulations governing the carriage weapons and armed

Technip was awarded a pipeline installation contract by Woodside Energy Limited for the Greater Western Flank Phase 1 Project located 130 kilometers North West

Jensen Maritime Consultants said today it has won a contract to design a longline fishing vessel that, once completed, will be one of the world’s

Last month, CNOOC Limited announced a summary of the company’s business strategy and development plan for the year 2012. The total targeted net

In a continued effort to bolster economic growth and create jobs, the Canadian Government has announced a plan aimed to help maximze the benefit of countries

Expected trade growth in India will however, require $20 billion in new investments Mumbai, India– With a population of 1.2 billion and the world’s

The 87,000 DWT NYK-operated bulk carrier, Shirakumo, arrived at the port of Soma’s wharf No. 5 in Fukushima prefecture on February 9. Shirakumo is the

South Korea’s Hyundai Heavy Industries (HHI) and China’s STX Offshore and Shipbuilding had a heck of a day yesterday with 13 new shipbuilding

– by Nancy Predaina, Mercy Ships Editor Imagine a ship that sails into the poorest nations on earth to deliver world-class health care.  Now imagine