gCaptain – Maritime and Offshore News

SINGAPORE–Container shipper Neptune Orient Lines Ltd. (NO3.SG) Thursday said it swung to a net profit in the third quarter mainly because of cost

Over the past couple of weeks the U.S. Naval Academy and the U.S. Merchant Marine Academy each released a video parody of the famous PSY video, “Gangnam

To read more on this bizarre and tragic story from industry experts, please follow along

http://www.youtube.com/watch?v=l9TV4MRr9kU A tugboat working on the Memorial Bridge replacement project on the Piscataqua River in Maine capsized and sank

Hercules Offshore Inc.’s (HERO) third-quarter loss widened sharply as the oil rig company was hit by a large asset impairment charge that overshadowed a

SEOUL–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, on Thursday posted a 35% slump in third-quarter operating

Wärtsilä announced today that they have been awarded the contract to supply integrated power and automation systems for two new icebreakers being built

(Bloomberg) — Technip SA, the French oil-services provider building the Prelude floating liquefied natural gas vessel for Australian waters, expects such

(Bloomberg) — Europe’s largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore

General DynamicsNASSCO on Wednesday delivered the USNS Cesar Chavez (T-AKE 14) to the U.S. Navy, marking the completion of a highly successful U.S.

(Bloomberg) — Shipping rates for hauling iron ore, which fell today after more than doubling this month, may extend declines as competition intensifies

An Australian icebreaker on a scientific expedition to study sea ice in Antarctica is, well, stuck in the sea ice it is studying. The icebreaker, a bright

Amid foggy circumstances, the CEO of offshore drilling contractor Songa Offshore, Asbjørn Vavik, has resigned.  Effective immediately, Jens A Wilhelmsen,

Nick Sloane from Titan Salvage, Sergio Girotto from Microperi, and Franco Porcellacchia, VP of Carnival Corp are interviewed by the AFP on the work being done

  LONDON–Two helicopter operators that transport workers to oil rigs in the North Sea have suspended flights using Super Puma aircraft after one

MELBOURNE–The forecast jump in ships carrying coal north from Australia that will come with the expansion of a northerly port by companies such as BHP

OSLO–The Norwegian oil and gas company Statoil ASA (STO) said Wednesday that the May 26 gas leak on the Heimdal field in the North Sea was serious, and

(Bloomberg) — Singapore will build a fourth liquefied natural gas tank as part of its plan to meet growing energy demand and take advantage of increased

(Bloomberg) — The U.S. Interior Department agreed to lease more than 96,400 acres of ocean off the Delaware coast for an offshore wind farm, while NRG

There is no denying that ULSTEIN’s X-BOW® hull design made a splash in the maritime and offshore world when it was introduced with the launching M/V

Construction of the world’s largest ship is picking up speed. Recently, the very first propeller was loaded onto the Maersk Salalah container ship in

(Bloomberg) — China Cosco Holdings Co., the nation’s largest listed shipping company, said the industry will expand as Chinese economic growth

Energy efficiency, emission controls and ballast water management regulations are impacting the amount of information a ship owner or operator is required to

American Petroleum Tankers (APT) announced today that it has signed a commitment to build two new state-of-the-art product tankers at the National Steel and

Netherlands-based Iskes Towage & Salvage accepted delivery today of the first ever Damen Shipyards-built Hybrid tug at a signing ceremony at the Offshore