gCaptain – Maritime and Offshore News

Navios Maritime Partners (NYSE: NMM), an owner and operator of dry cargo vessels, said today that it has purchased the Navios Buena Ventura, a 2010

U.S. Senators Maria Cantwell (D-WA), Mark Begich (D-AK) and Lisa Murkowski (R-AK) have announced an agreement with the U.S. Coast Guard to postpone the

Salvage operations to remove the wreckage of the Costa Concordia from the Island of Giglio have begun, South Florida’s Sun Sentinel reports. As gCaptain

In their second news release of the day, South Korean shipbuilder and engine manufacturer, Hyundai Heavy Industries, announced it has started exporting the

SEOUL (Dow Jones) –Hyundai Heavy Industries (009540.SE), the world’s largest shipbuilder, said Sunday it has won three orders worth a combined $600

A tanker operated by Tokyo-based JX Shipping exploded on Friday off Rosia Bay, Gibraltar which echoed across the town.  This is the second explosion to hit

Under perfect sailing conditions since leaving Newport, Rhode Island, the course record for the historic 635 nautical mile Newport-Bermuda Race was fully

Leg 8 of the Volvo Ocean Race recently took the fleet from Lisbon, Portugal, around the Azores, to Lorient, France.  Along the way however, they encountered

By Jarle Hammer, Republished from the DNV Bulk Carrier Update The dry bulk market has deteriorated significantly over the last six months, although rates have

PORT ARTHUR, Texas (Dow Jones)–Global oil supply is exceeding demand by 1.5 million barrels a day, the chief executive of state-owned oil giant Saudi

(Dow Jones) COPENHAGEN–The port-operating arm of Danish shipping and oil company A.P. Moller Maersk A/S (MAERSK-B.KO) Friday signed an agreement with

The results of a recent survey conducted by the ICC International Maritime Bureau (IMB) in conjunction with an international trade association have served to

Gulf Offshore Logistics’ fast supply crew boat Ms. Caroline crawled into Fourchon, LA Saturday morning with her bow all smashed up.  Not many details

A lot of news this week, but not much total change in oil prices.  Minute by minute volatility is the only constant we have in this market.  While it

Maritime New Zealand said Friday that the container recovery stage in the salvage of the M/V Rena has been completed and the operation will now move towards

Here is an old 1960’s presentation of Maersk Line operations titled “Maersk Ships Around the World”, posted recently to the Maersk Line vimeo

The International Maritime Organization has announced that the coveted 2012 Award for Exceptional Bravery at Sea Award has been awarded to Canadian and Chilean

SBM Offshore announced today that they have received a letter of interim award (LOIA) from Shell for the supply, lease and operation of a FPSO for the Fram

In the days when physical manual work was an every day occurrence – by George Cheyne,  Senior Toolpusher, Stena Carron It was a crisp December morning

RIO DE JANEIRO–Brazilian oil-field services company OSX Brasil SA (OSXB3.BR, OSXRY), part of Brazilian businessman Eike Batista’s industrial