gCaptain – Maritime and Offshore News

Diamond Offshore (NYSE: DO) reported their third quarter results today with somewhat mixed results.  Their net income for the third quarter was down 30

Norwegian Cruise Line announced today that it has reached an agreement with MEYER WERFT GMBH of Germany to build a new cruise vessel, for delivery in October

Can Ore Ships Be Converted To LNG Carriers? TMT Co., the Taiwanese ship operator run by Nobu Su, said it may convert four very large ore carriers into

Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial keel laying today for

On Wednesday, the hull of the first of the Royal Australian Navy’s two new amphibious ships, HMAS Canberra, arrived in Australia aboard Dockwise’s

A recent investigation by the UK P&I Club revealed evidence that compliance with low sulphur fuel regulations has exacerbated ever-increasing incidences

2013 is set to be the biggest year ever for containership deliveries, according to shipbroking firm Braemar Seascope. In Braemar’s latest Quarterly

RIO DE JANEIRO–Brazilian businessman Eike Batista will buy $500 million in shares of shipbuilding and oilfield services company OSX Brasil S/A (OSXB3.BR)

On July 14, 2012, the MSC Flaminia was on a routine voyage from Charleston, USA to Bremerhaven, Germany, when a massive explosion crippled the ship. Of the 22

SHENZHEN–Shipping giant China Cosco Holdings Co. (1919.HK, 601919.SH) is teaming up with its Shanghai-based archrival to jointly operate major domestic

by LT Stephanie Young, USCG A dense fog bank formed several hundred yards west of the Golden Gate Bridge. The tanker Arizona Standard was inbound en route to

Well this is a timely trial… The Prestige was a single-hulled Liberian-owned oil tanker, operating under a Bahamian flag, which sank off the coast of

LONDON–The U.S. and the European Union are looking to close loopholes in sanctions designed to impede Iran’s oil exports after it emerged that

A fuel-shipping firm backed by Blackstone Group LP (BX) has ordered two $130-million tankers from a San Diego shipyard, but there is a catch: the firm

LNG fueled propulsion has been shown to meet the strictest emissions control regulations – such as the global 0.5% sulphur cap, to be implemented between

Dutch heavy lift operator Dockwise announced today that it has been awarded 10 new contracts and contract extensions for the mobilization of six drilling rigs,

While in Hamburg, Germany last month I sat down with Henrik Uhd Christensen, the Chief Executive of VIKING Life-Saving Equipment, a familiar brand to many who

(Bloomberg) — The biggest slump in Indian iron-ore exports on record is driving rates for ships hauling the cargoes to the lowest since at least 2005,

RIO DE JANEIRO–Brazil’s Merchant Marine Fund has approved additional financing for oilfield services company OSX Brasil SA (OSXB3.BR) to complete

While the world debates the practice of scrapping toxic ships on the beaches of 3rd world nations, some environmentalists point to a much larger

It has been well over a century since the British and French have battled over navigation of the narrow strip of water which separates these two countries

USMMA’s Gagnam Style: VS USNA’s Gagnam Style: http://www.youtube.com/watch?v=xhHufV9g4k4 Question is… Who does Gagnam Style

Workers at BAE Systems on Sunday moved the biggest section of HMS QUEEN ELIZABETH, the first of two new aircraft carriers for the Royal Navy, out of the

(Bloomberg) – Francesco Schettino faced survivors and relatives of the victims of the Carnival Corp (CCL)’s Costa Concordia for the first time

Just days after an explosion killed 6 shipbreakers in Alang India, the European Commission is considering a proposal to legalize the export of toxic,