gCaptain – Maritime and Offshore News

The Arctic Ocean’s ice cover is shrinking at a record pace this year after higher-than-average temperatures hastened the annual break-up of the sea ice.

(Bloomberg) — The flow of European gasoline to the U.S. is poised to advance to the highest in almost 10 months, according to a survey of people directly

DryShips Inc.’s (DRYS) second-quarter loss narrowed as revenue improved and vessel-impairment expenses weighed on year-ago results. However, shares fell

Not sure how we didn’t catch wind of this at the time, but this past February, an unidentified spherical object made of steel with little pointy spikes

A federal court in Mobile, AL on Wednesday handed down a stiff fine and jail time to an Italian-based shipping company and one of it’s Chief Engineers

WASHINGTON –A federal jury in Washington, D.C., today returned guilty verdicts against Sanford Ltd., a New Zealand fishing company, on six counts of

(Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, reported a second-quarter loss after soaring fuel costs offset

I’m not sure what this thing is, or used to be, but whatever it is, I kind of want to salvage it and convert it into a house, or

(Bloomberg) — Norway needs to simplify rules for offshore oil rigs and reduce labor costs to support efforts to increase oil and gas production in

Increased Asian imports of West African oil may lift demand for very large crude carriers as daily rates stay below $15,000, according to the Baltic and

The Federal Aviation Administration said the proposed Cape Wind power project off the Massachusetts coast poses no risk to air navigation, clearing a hurdle

(Bloomberg) — Nils S. Andersen, chief executive officer of A.P. Moeller-Maersk A/S, talks about second-quarter profit reported today and the outlook for

Arctech said Wednesday that it plans to deliver the harsh-environment offshore supply vessel Vitus Bering four months ahead of schedule at the request of

Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announced a stock transaction today. The two companies will create an unparalleled platform for

Louisiana-based Harvey Gulf International Marine announced to reporters recently that it has signed long term charters for 3 of its LNG powered offshore supply

CANBERRA–Chevron Corp. (CVX) is unlikely to seek protection against swings in the Australian dollar that have intensified cost pressures at its flagship

Located 4000 meters off the northern Portuguese shoreline in approximately 50 meters of water, a pioneering piece of floating machinery is delivering up to 2MW

Scheldepoort Repair & Conversion Yard has been awarded a contract to convert the jack-up drilling rig ‘Shelf Explorer’ into offshore hotel

(Bloomberg) — Growth in Hamburg is stalling as Europe’s fiscal crisis spreads into China and other Asian countries, threatening the recovery of

I started to see this “letter” supposedly written by the leader of a Somali Pirate Action Group (PAG) pop up on a few of my regular slapstick humor

Vancouver-based naval architecture firm Robert Allan Ltd announced today the delivery of the Al Fenci and Al Durrah, the first two new RAmparts 3200 tugs, to

The wreck removal of the infamous Costa Concordia is going to take longer than expected, officials in Italy announced this week. On Monday the Department of

(Bloomberg) — A surplus of oil tankers seeking cargoes in the Persian Gulf expanded, curbing an advance in charter rates for the vessels. There are 20

Controlling rougly 40 percent of the global container trade, the Germans are a superpower in the world of shipping, however that may be coming to an abrupt

SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as