gCaptain – Maritime and Offshore News

Why are some shipping magnates among the wealthiest individuals in the world while others spend most of their time in bankruptcy hearings? The answer seems

With the expansion of floating offshore production into harsh environments such as the Barents Sea, high specification shuttle tankers will be needed to

Statoil and its partner Sinochem announced today their agreement to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading

Teekay’s Marine Market Analyst Christian Waldegrave provides insight into the global LNG market in the second quarter 2012, including a look at how Japan

(Dow Jones) OPEC Tuesday disclosed that its members continue to pump oil at levels not seen since 2008 as the most recent production figures show the

UPDATE (13:00 pst, Tues): Listen to the unbelievable audio recording of the “Blind Date” hoax call. UPDATE (07:15 pst, Tues) The Coast Guard is now

The latest update from Teekay’s Market Analyst Christian Waldegrave on the global marine tanker markets, including a look at how OPEC oil production

The United States Coast Guard responded to a mayday call from the crew of a United States Army vessel after they reportedly struck an object and began taking

KUALA LUMPUR–Yinson Holdings Bhd. (7293.KU) has received a $737.3 million contract to lease a floating production, storage and offloading facility to the

(Dow Jones) OSLO–At least five of Norway’s oil and gas rigs will be shut due to a strike launched at midnight Saturday by 114 workers at oilfield

Dolphin Drilling Ltd. a subsidiary of Fred. Olsen Energy ASA, has entered into a three year contract with BP Exploration Operating Company Ltd. for use of the

After departing Cape Canaveral on 24 May, the full scale replica shuttle “Explorer” made its way safely around the Florida peninsula and now has a

(Dow Jones) KUALA LUMPUR–North American exports of natural gas threaten the dominance of gas exporting giants like Russia, Qatar and Algeria who

By Cesar Morales Michael Jones’ presentation at the 2012 Joint Warfighting Conference regarding Google’s new ship tracking technology has ruffled a

In this week’s As the Oil Pump’s: With holidays in a number of locations on Monday and Tuesday there was limited trading done on the world’s

It seems Shell’s upcoming arctic drilling operations have become the butt of an elaborate hoax by environmentalists that has gone viral. The video

A team of researchers, including scientists from Woods Hole Oceanographic Institution (WHOI), discovered a massive bloom of phytoplankton beneath ice-covered

Ulstein’s investment arm Blue Ship Invest has ordered another four platform supply vessels (PSVs) from Ulstein Verft shipyard following favorable market

Although not as exciting as search and rescue or maritime law enforcement, the US Coast Guard’s aids to navigation mission is an essential link that

IMO marked the celebration, with Secretary-General Mr. Koji Sekimizu offering the following statement: This year’s World Oceans Day falls as the