gCaptain – Maritime and Offshore News

(Bloomberg) — Daily rates for the largest commodity carriers fell for a fourth session amid a surplus of available ships to haul cargoes. Returns for

While operating north of the Shetland Islands, the crew of the Stena Carron drillship crew rescues an unexpected stowaway… With the Stena Carron less

HONG KONG–Container shipper Orient Overseas (International) Ltd.’s (0316.HK) second-quarter revenue rose 10.6% from a year earlier, the Hong

(Bloomberg) — Japan will load its first Iranian crude cargo backed by sovereign guarantees since sanctions disrupted coverage in the international

COSCO Corporation (Singapore) Limited announced today that their COSCO (Dalian) Shipyard subsidiary has delivered a Kamsarmax bulk carrier of 80,000DWT,

(Dow Jones) Moody’s Investors Service lowered its outlook on Teekay Corp. (TK) to negative from stable, citing concerns about management’s plan

Noble Corporation (NYSE: NE) announced today that the Noble Bob Douglas, an ultra-deepwater drillship currently under construction at Hyundai Heavy

Only 3 years after completion of phase 2 of the Sabine Pass LNG import terminal in Louisiana, Cheniere Energy Partners (NYSE Amex: CQP) announced today that

(Bloomberg) — Two Iranian oil tankers, part of the fleet controlled by Tehran-based NITC Co., are proceeding to India to unload cargoes this month,

Reality Is Nothing Like The Dream By gCaptain.com Forum, So you got it somewhere in your head that a life at sea is for you. The constant adventure,

(Bloomberg) — Earnings for the largest commodity carriers fell for a third day as vessels outnumbered cargoes after last week’s gains drew idled

It’s been a helluva year so far for Singapore-based offshore contractor, Ezra Holdings Limited, who has reported a 244% leap in net attributable profit

(Bloomberg) — Scrap prices for dry-bulk ships have plunged 13 percent in the past year as oversupply and unprofitable charter rates prompt owners to

Today’s ship photo has pretty much virally blown up since we posted it to the gCaptain Facebook page yesterday. Since then, the photo has had 400

P&O Ferries is set to highlight its anticipated future in the renewable energy sector at an industry event set to kick off in the UK on Thursday. As

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by Brazil’s richest man, stands to benefit from a rival’s failure to deliver vessels

MOSCOW–Russia’s sea ports handled a total of 271.3 million metric tons of cargo in January-June, 5.4% more than in January-June 2011, according to

SINGAPORE–Rig builder Keppel Corp. (BN4.SG) said Wednesday that its Keppel FELS Brasil unit has secured a floating production storage and offloading

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will

MUMBAI–United India Insurance Co. has agreed to provide protection and indemnity cover to Indian tankers carrying oil from Iran with General Insurance

IRVING, Texas- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started

LONDON–Royal Dutch Shell PLC’s (RDSB.LN) controversial plan to drill for oil in waters off Alaska’s Arctic coast faces delays as the company

On June 30, Linden Pride, an NYK-owned LPG carrier rescued four Chinese fishermen in the vicinity of a fishing trawler sinking in the South China Sea. Linden

(Bloomberg) — Oil fell after Norway ended a strike that threatened to halt output by western Europe’s largest crude exporter and as China reduced

(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity