gCaptain – Maritime and Offshore News

Exxon Mobil Corp. (XOM) plans to spend roughly $185 billion over the next five years to develop new energy supplies in anticipation of growing demand. In a

MUMBAI (Dow Jones)–The Shipping Corp. of India Ltd. (523598.BY) plans to raise up to $500 million in dollar loans from banks overseas in the financial

LONDON (Dow Jones)–More North Sea Forties crude is set to move to Asia this month, pushing up prices as part of an arbitrage that until December was

WASHINGTON – U.S. Senator Herb Kohl (D-WI) questioned Secretary of the Navy Ray Mabus about the future of the Littoral Combat Ship (LCS) program during a

Have you ever wondered where the cables go that connect your computer to web sites overseas? Well if you live in the USA and are visiting a website in

COPENHAGEN (Dow Jones)–Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil exploration services unit Maersk

LONDON (Dow Jones)–The April loading program for North Sea Ekofisk crude oil is scheduled at 337,788 barrels a day, up from 296,832 barrels a day

The shipping industry is under pressure to comply with ever stricter environmental regulations and, with oil more expensive than ever, to reduce fuel costs.

http://www.youtube.com/watch?v=uWCP2tGLGTU A small disaster was recently avoided when the Seaward Marine towboat Miss Stacy got swept by the Piscataqua

MOSCOW (Dow Jones)–Russian independent natural gas producer OAO Novatek (NVTK.RS) shipped nine cargos or more than 600,000 metric tons of stable gas

Hydroid, Inc. a Kongsberg Maritime subsidiary, announced today that they had delivered a new deep-diving Autonomous Underwater Vehicle (AUV) to the Woods Hole

SEOUL (Dow Jones)–Samsung Heavy Industries Co. (010140.SE), the world’s second-largest shipbuilder by sales, said Wednesday it is considering a

In just two short years, Apple’s iPad has grown to dominate the world of tablet computing with over 48 million units sold. Tomorrow Apple is set to

We did an audit recently to find out who was visiting gCaptain and thought we’d share the results (we’ve removed specific names for privacy

HOUSTON (Dow Jones)–Saudi Aramco, the world’s largest oil producer, plans to drill its first deepwater exploratory well in the Red Sea by year-end,

The first four container handling gantry cranes for the EUROGATE Container Terminal Wilhelmshaven, Germany’s only deep-water container port, arrived

It’s a bit of an experiment.  Mitsui O.S.K. Lines (MOL) announced today that they are modifying the engine of one of their newbuilds and hooking it up

Maersk Supply Service has won three new contracts with the Brazilian state owned oil company Petrobras (SAO:PETR3) for anchor handling tug supply (AHTS)

– Tom Boardley, Marine Director, Lloyd’s Register Future technology and innovation is needed in shipping as emission regulations and fuel prices

The drilling engineers and geoscientists at Chevron Nigeria (CNL) knew that there was a good chance the unimpeded flow from the blown-out Funiwa 1A natural gas

LONDON (Dow Jones)–Danish oil and shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) expects growth on its Asia-Europe container trade route to

The 648-foot car carrier that was detained by USCG officials after losing power near the mouth of the Columbia River last week has been released. The U.S.

The World Ocean Council (WOC) is reaching out to the maritime community and vessels transiting between Japan and North America for information and observations

– By Lauga Oskarsdottir, MTS Logistics Working in a global industry means communicating daily with individuals across borders, oceans and continents. It

DK Group says it has received an order to install its patented Air Cavity System (ACS) technology on a 12,580 deadweight tonne (DWT) multi purpose vessel owned