gCaptain – Maritime and Offshore News


Wednesday, February 29, 2012
puma ocean racing volvo race
Blog

“Boat Breakages, People Breakages and Very Fast Yachting”…Update from the Volvo Ocean Race

The latest update from the South Pacific Ocean where the Volvo Ocean Race is racing hard and fast at around 20 knots of boatspeed.  3000 miles to go until

Wednesday, February 29, 2012
Total Views: 74

Robert Maersk Uggla
News

Maersk’s Grandson Takes Over as CEO of Svitzer

COPENHAGEN (Dow Jones)–Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday it has appointed Robert Maersk Uggla as the new

February 29, 2012
Total Views: 207

palm tree lightning storm ocean striking weather
Blog

Shipment Didn’t Arrive on Time? Here are 9 Possible Reasons Why

– By Lauga Oskarsdottir, MTS Logistics It can be extremely frustrating when your shipment does not arrive on time. Estimated transit time is meant to be

February 29, 2012
Total Views: 131

AET innovator
News

AET Plans to Take Delivery of Additional Lightering Support Vessels

AET – one of the world’s largest tanker owner-operators and provider of lightering support services in the US Gulf – will take delivery of

February 29, 2012
Total Views: 125

damen ASD 2810 rua lucio
News

Damen Tugboat Delivered from China to Buenos Aires on Her Own Bottom

After what must have been a rather miserable 2-month delivery from China, Argentinian towage and harbor company Remolcadores Unidos Argentinos (RUA) has just

February 29, 2012
Total Views: 113

MV Rena’s Senior Officers Plead Guilty in New Zealand Court
Lifesaving Incidents

MV Rena’s Senior Officers Plead Guilty in New Zealand Court

The Master and Second Officer of the cargo vessel Rena today pleaded guilty to 10 out of the 11 charges laid by Maritime New Zealand (MNZ) against the men

February 29, 2012
Total Views: 113

Most Read

Navy

Stop Calling Saronic a Shipbuilder: The Dangerous Lie Behind Naval Drones

By Captain John Konrad (gCaptain op-ed) Let me start where I want to finish: Saronic’s Marauder, a Medium Unmanned Surface Vessel (MUSV) designed for the

News

Porsche Wins Felicity Ace Lawsuit as Cause of Fire Remains Unproven

Porsche has won a key legal battle stemming from the loss of the car carrier Felicity Ace, with a German court reportedly rejecting claims that a Porsche

News

U.S. Warns Ships Ignoring Orders in Hormuz May Be Treated as Threats

Commercial vessels operating in and around the Strait of Hormuz face the risk of being treated as hostile targets if they fail to comply with U.S. military

Accidents

UK Court Upholds ‘Virtually Unbreakable’ Liability Shield in Solong-Stena Immaculate Collision

A London Admiralty Court judge has ruled that the owners of the containership Solong can limit their financial liability for the catastrophic 2025 collision

Shipping

Russia Sends Arctic LNG 2 Cargo East Along Northern Sea Route in Rare May Voyage

The icebreaking LNG carrier Christophe de Margerie appeared to be attempting an unusually early eastbound transit of Russia’s Northern Sea Route (NSR) this


Wednesday, February 29, 2012
seadrill logo
Finance

Impairment Charge Hits Seadrill in Q4, Stock Price Sits at Highest Level Ever

(Dow Jones) Seadrill Ltd. (SDRL, SDRL.OS) swung to a fourth-quarter loss as the offshore-drilling contractor booked a hefty impairment charge. However, the

February 29, 2012
Total Views: 18

Wärtsilä Signs 10-year License Extension with HHI
Engineering News

Wärtsilä Signs 10-year License Extension with HHI

Wärtsilä said today that it has signed a ten year extension to a license agreement with Hyundai Heavy Industries’ Engine and Machinery Division to

February 29, 2012
Total Views: 35

Tuesday, February 28, 2012
cabin cargo ship stateroom
Blog

Sleeping With Your Containers – The Greenest Way to Travel

– By Feray Yuksekbas Kavas, Sales Executive, MTS Logistics What if I told you that there is a great option to travel other than flying, for those of

February 28, 2012
Total Views: 2388

Ship Photo of The Week – Antarctic Delivery
Navy

Ship Photo of The Week – Antarctic Delivery

  Here, the Military Sealift Command-chartered cargo ship MV Green Wave is in the process of offloading more than 6.8 million pounds of vital supplies,

February 28, 2012
Total Views: 101

Fire on Russian Tanker Kills One
Ship Fires

Fire on Russian Tanker Kills One

A fire on board a Russian oil tanker claimed the life of at least one crewmember in the Caspian Sea on Tuesday. Russian news agency RIA Novosti, citing a

February 28, 2012
Total Views: 58

Most Read

Stop Calling Saronic a Shipbuilder: The Dangerous Lie Behind Naval Drones
Navy

Stop Calling Saronic a Shipbuilder: The Dangerous Lie Behind Naval Drones

By Captain John Konrad (gCaptain op-ed) Let me start where I want to finish: Saronic’s Marauder, a Medium Unmanned Surface Vessel (MUSV) designed for the

Porsche Wins Felicity Ace Lawsuit as Cause of Fire Remains Unproven
News

Porsche Wins Felicity Ace Lawsuit as Cause of Fire Remains Unproven

Porsche has won a key legal battle stemming from the loss of the car carrier Felicity Ace, with a German court reportedly rejecting claims that a Porsche

U.S. Warns Ships Ignoring Orders in Hormuz May Be Treated as Threats
News

U.S. Warns Ships Ignoring Orders in Hormuz May Be Treated as Threats

Commercial vessels operating in and around the Strait of Hormuz face the risk of being treated as hostile targets if they fail to comply with U.S. military

UK Court Upholds ‘Virtually Unbreakable’ Liability Shield in Solong-Stena Immaculate Collision
Accidents

UK Court Upholds ‘Virtually Unbreakable’ Liability Shield in Solong-Stena Immaculate Collision

A London Admiralty Court judge has ruled that the owners of the containership Solong can limit their financial liability for the catastrophic 2025 collision

Russia Sends Arctic LNG 2 Cargo East Along Northern Sea Route in Rare May Voyage
Shipping

Russia Sends Arctic LNG 2 Cargo East Along Northern Sea Route in Rare May Voyage

The icebreaking LNG carrier Christophe de Margerie appeared to be attempting an unusually early eastbound transit of Russia’s Northern Sea Route (NSR) this


Tuesday, February 28, 2012
Costa Allegra Update: Tugs Reach Stricken Cruise Ship

Costa Allegra Update: Tugs Reach Stricken Cruise Ship

Two tugs have joined the Costa Allegra and will help tow the broken down cruise ship to the Island of Mahe, Seychelles, the cruise ship owner, Costa Crociere,

February 28, 2012
Total Views: 108

The Graveyard of Giants: A history of ship breaking in Bangladesh
Blog

The Graveyard of Giants: A history of ship breaking in Bangladesh

By Jan Møller Hansen Ship breaking in Bangladesh started back in 1960 when the Bay of Bengal was struck by a cyclone, which left a giant cargo ship beached

February 28, 2012
Total Views: 903

Hyundai Merchant Marine masan
News

Hyundai Merchant Marine Expresses Concern with Soaring Bunker Fuel Prices

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s second-largest shipping firm by sales, expects the U.S. dollar to weaken

February 28, 2012
Total Views: 45

rowan drilling drillfloor pulling slips tripping pipe
Finance

Rowan (NYSE:RDC) Reports Increased Rig Utilization and Day Rates

(Dow Jones) Rowan Cos.’s (RDC) fourth-quarter earnings fell 21% as the offshore drilling company reported lower contributions from discontinued

February 28, 2012
Total Views: 93

transocean
Finance

Transocean Shares Up 32% Since New Years, Impairment Factors in Q4 Loss

Transocean Ltd.’s (RIG) fourth-quarter loss widened sharply as the offshore-oil driller reported higher charges, mostly due to impairment, though revenue

February 28, 2012
Total Views: 31

Corporate News

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%

May 22, 2026

Sustainable shipping without the spin

To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects

May 21, 2026

Industry?First ABS SeaTech Innovation Exchange Launches Strengthening Greek-U.S. Maritime Technology Collaboration

In an industry first, ABS has launched the ABS SeaTech Innovation Exchange, consisting of two advanced technology centers in Athens, Greece, and Houston, Texas, focused on

May 21, 2026

Growth For Estonian Flag Signals Maritime Ambitions of a Nation

A favourable tax regime, digitally enabled administration and a business culture fostering maritime growth are attracting more – and younger – ships to the Estonian Flag.

May 20, 2026

 Damen ASD Tug 2713 Fuel Flexible receives class and flag state approval

Damen Shipyards Group has received class and flag state approval for its ASD Tug 2713 Fuel Flexible (FF) to operate on methanol fuel. The approval was issued by Bureau

May 14, 2026

IEA supports digital transformation of Glaciar Pesquera fisheries fleet with Inmarsat NexusWave roll-out

Inmarsat Maritime, a Viasat company, has worked with its Argentinian partner Ingenieros Electrónicos Asociados (IEA) to implement NexusWave for Glaciar Pesquera to support the

May 13, 2026

An answer to many questions

The Damen Fuel Flexible Tugs range is prepared for the future – whatever it may hold The numerous new regulations facing the industry in recent years leave no room for doubt

May 12, 2026

Greek operators meet evolving connectivity demands with Inmarsat NexusWave

Inmarsat’s fully managed multi-network connectivity service is facilitating fleetwide digital transformation for a growing cohort of Greek ship owners and managers.

Corporate News

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%

May 22, 2026

Sustainable shipping without the spin

To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects

May 21, 2026

Industry?First ABS SeaTech Innovation Exchange Launches Strengthening Greek-U.S. Maritime Technology Collaboration

In an industry first, ABS has launched the ABS SeaTech Innovation Exchange, consisting of two advanced technology centers in Athens, Greece, and Houston, Texas, focused on

May 21, 2026

Growth For Estonian Flag Signals Maritime Ambitions of a Nation

A favourable tax regime, digitally enabled administration and a business culture fostering maritime growth are attracting more – and younger – ships to the Estonian Flag.

May 20, 2026

 Damen ASD Tug 2713 Fuel Flexible receives class and flag state approval

Damen Shipyards Group has received class and flag state approval for its ASD Tug 2713 Fuel Flexible (FF) to operate on methanol fuel. The approval was issued by Bureau

May 14, 2026

IEA supports digital transformation of Glaciar Pesquera fisheries fleet with Inmarsat NexusWave roll-out

Inmarsat Maritime, a Viasat company, has worked with its Argentinian partner Ingenieros Electrónicos Asociados (IEA) to implement NexusWave for Glaciar Pesquera to support the

May 13, 2026

An answer to many questions

The Damen Fuel Flexible Tugs range is prepared for the future – whatever it may hold The numerous new regulations facing the industry in recent years leave no room for doubt

May 12, 2026

Greek operators meet evolving connectivity demands with Inmarsat NexusWave

Inmarsat’s fully managed multi-network connectivity service is facilitating fleetwide digital transformation for a growing cohort of Greek ship owners and managers.


Tuesday, February 28, 2012
snorra a safe scandinavia flotel
News

Aker Solutions wins NOK 1 Billion Contract to Upgrade Snorre A Drilling Facilities

Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in

February 28, 2012
Total Views: 95

denmark technip dsme hejre development
News

Technip and DSME awarded contract for the HEJRE project in Denmark

Technip, in partnership with DSME, was awarded by DONG E&P and BAYERNGAS, a contract for the HEJRE project development, offshore Denmark, at a water depth

February 28, 2012
Total Views: 63

boa sub c
News

Apache Awards EMAS Subsea Installation Contract for Coniston Field Offshore Australia

SINGAPORE, 28 February 2012 – EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a

February 28, 2012
Total Views: 82

Monday, February 27, 2012
piracy gulf of guinea benin
News

Gulf of Guinea Piracy Threat Increases, United Nations Urges Regional Anti-Piracy Strategy

27 February 2012 – A comprehensive regional strategy is critical if countries are to successfully combat piracy in the Gulf of Guinea, a top United

February 27, 2012
Total Views: 53

crude oil index
Blog

Oil Prices and the Shipping Industry

– By Rojda Akdag, Managing Director, MTS Logistics Crude oil prices have many affects on our daily life from gas that we use in our daily commute to

February 27, 2012
Total Views: 333

gCaptain-jobs
gCaptain-jobs

Find Your Next Opportunity

Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.


Monday, February 27, 2012
port of mombasa chart 61211
News

Ship Drops Anchor, Severs Internet Connection to East Africa

About 10 years ago, the ship I was assigned to was leaving San Diego when all of a sudden we heard a rather loud, and unexpected rumbling.  We were

February 27, 2012
Total Views: 89

costa allegra
Incidents

Costa Cruise Ship Adrift off Seychelles, Fire Breaks Out in Engine Room

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

February 27, 2012
Total Views: 223

gujarat india
News

Adani to Develop New Port Terminal in West India, $243M Investment

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

February 27, 2012
Total Views: 53

strait of hormuz iran
News

Iranian Sanctions to Limit Japanese Insurance Club’s Coverage on Oil Tankers

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

February 27, 2012
Total Views: 31

West Auriga drillship Seadrill
News

Seadrill Views Long Term Demand for Deepwater Drilling Rigs, Plans to Build Two More

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

February 27, 2012
Total Views: 88