gCaptain – Maritime and Offshore News

Costa Cruises can’t catch a break. Just 6 weeks after the Costa Concordia ran aground off Italy, another one of their cruise ships, the Costa Allegra has

MUMBAI (Dow Jones)–Adani Ports & Special Economic Zone Ltd. (532921.BY) said Monday it has received an initial letter from a government-run port

LONDON (Dow Jones)–New European sanctions will limit coverage of Iranian oil ships by the Japan P&I Club, the club said Monday, as the measures start

Hamilton, Bermuda – Seadrill has in the last year seen a surge in long-term demand for tender rigs and modern ultra-deepwater drilling rigs. The

Austal said today that the U.S. Navy has exercised contract options calling for the construction of the two additional Joint High Speed Vessels (JHSVs) worth

HMS Daring (D32) is currently deployed to the Persian Gulf and the latest news is HMS Dauntless (D33) will be headed south to the Falkland Islands to relieve

Update: The Greenpeace activists, including actress Lucy Lawless, were arrested Monday. Original: Seven Greenpeace protesters, including Hollywood star Lucy

HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming

(Dow Jones) The U.S. Securities and Exchange Commission charged three Noble Corp. (NE) executives with helping bribe Nigerian customs officials, the latest

SEOUL (Dow Jones)–STX Offshore & Shipbuilding Co. (067250.SE) expects the dollar to average KRW1,100 this year and will continue to hedge 70% of the

OSLO -(Dow Jones)- Norwegian offshore drilling operator Songa Offshore SE (SONG.OS) Friday said it has been awarded a rig contract from Statoil ASA (STO) worth

COPENHAGEN (Dow Jones)–Danish oil and shipping company A.P. Moller-Maersk A/S (MAERSK-B.KO) confirmed Friday that its container shipping arm Maersk Line

Tragic news from Nick Cutmore, Secretary General of the International Maritime Pilots’ Association… We have the sad duty to inform you of the

– By Allan B. Turner, P.Eng., Mechanical Engineer With the pending introduction of EPA Tier 4 and IMO Tier III engine exhaust emission regulations

Recently, two Damen Stan Tugs 2608, the Ibrahim 1 and the Jacques, were shipped from the anchorage of Halong Bay, Haiphong (Vietnam) to Casablanca by the

By CDR Glynn Smith, Coast Guard Compass Thursday, Adm. Bob Papp, 24th Commandant of the Coast Guard, delivered his second State of the Coast Guard address at

by Bart Stockdill, M.A.Sc., P.Eng., Mechanical Engineer Water will boil at room temperature if the pressure is low enough. In fact, the pressure has to be

NEW DELHI -(Dow Jones)- India has asked Saudi Arabia, its largest crude oil supplier, to augment daily shipments by up to 100,000 barrels each year over the

http://www.youtube.com/watch?v=2pjINnTUA-0 CEO Maersk Line, North Asia has a chat with The Economist about sustainability and the environment at the World

Worldwide Maritime Crime and Piracy Update – week of 16 February 2012 (source: ONI) ARABIAN SEA: Vehicle carrier M/V LEILA reportedly hijacked on 15

SEACOR Marine announced today intentions to purchase 18 liftboats from Superior Energy Services.  The company said in a press statement that it will be

Creditors of General Maritime Corp. (GMRRQ) are accusing the oil tanker operator and “old friend” Oaktree Capital Management LLC of contriving to

Image taken by Second Mate Joseph Hood on board the MV Carat.   MV Carat is a Crowley-managed containership owned by Reederei Gebr. Winter. Image via

(Dow Jones) Teekay Corp.’s (TK) fourth-quarter earnings fell 44% on the impact of derivatives and other items, though the company reported revenue

(Dow Jones) Norwegian supply vessel operator Siem Offshore Inc. (SIOFF.OS) said Thursday that a relatively strong market for supply vessels in the North Sea as