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gCaptain – Maritime and Offshore News


Monday, May 14, 2012
maersk nectar
News

Glencore Charters Maersk VLCC to Ship Forties Crude to South Korea

LONDON (Dow Jones)–Glencore International PLC (GLEN.LN) will ship 2 million barrels of North Sea Forties crude to South Korea, bringing the total volume

Monday, May 14, 2012
Total Views: 15

shipping corp of india sci
News

Iranian Crude is Still Finding its Way to India, SCI Largely Unaffected by Sanctions

SINGAPORE (Dow Jones)–Shipping Corp. of India Ltd. (523598.BY), India’s largest shipping company by fleet size, doesn’t expect any

May 14, 2012
Total Views: 17

Sunday, May 13, 2012
singapore waterfront shipyard sembawang keppel
Blog

SPOTD – Singapore Waterfront [IMAGES]

Rigs of all shapes and sizes under various states of repair and construction can be found in Singapore, home of Keppel FELS, Sembcorp, ASL, and Damen

May 13, 2012
Total Views: 5

Saudi Oil Minister Ali al-Naimi
News

Saudi Oil Minister Aims to Get Brent Crude Prices Down to $100

ADELAIDE, Australia (Dow Jones)–Saudi Arabia would like the price of benchmark Brent crude oil to fall to US$100 a barrel, and expects global crude

May 13, 2012
Total Views: 8

Saturday, May 12, 2012
rongsheng heavy industries
Engineering News

Builder of Giant Ore Carriers, Rongsheng Heavy Now Enters Rig Building Sector With Latest Deal

HONG KONG (Dow Jones)–China Rongsheng Heavy Industries Group Holdings (1101.HK) has secured orders to construct offshore rigs for an overseas company,

May 12, 2012
Total Views: 4

ore carrier ship
News

UK P&I – Ban on Mineral Exports from Indonesia?

The UK P&I Club has announced that legislation has been passed in Indonesia which purports to place a ban on the expert of minerals from Indonesian ports,

May 12, 2012
Total Views: 2

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Friday, May 11, 2012
Guns Blazing, Fairstar Heavy Transport Fires Back in Response to Takeover Letter from Dockwise
News

Guns Blazing, Fairstar Heavy Transport Fires Back in Response to Takeover Letter from Dockwise

In response to a letter sent by Dockwise on Wednesday, Fairstar’s CEO Philip Adkins sends back a heated response… Dockwise FAO: Mr P Wit and FAO:

May 11, 2012
Total Views: 169

Ocean Rig Olympia Gains $652 Million Contract Extension with Total E&P Angola
News

Ocean Rig Olympia Gains $652 Million Contract Extension with Total E&P Angola

Ocean Rig’s ultra deepwater drillship OCEAN RIG OLYMPIA Nicosia, Cyprus – Ocean Rig UDW Inc. (NASDAQ:ORIG) a global deepwater drilling contractor,

May 11, 2012
Total Views: 64

1,000 MT on the KPI Bridge Oil Composite Would Cost You $22,000 Less This Week!
News

1,000 MT on the KPI Bridge Oil Composite Would Cost You $22,000 Less This Week!

The KPI Bridge Oil Composite declined over 3% this week as bunker prices reduced dramatically after several days of declines in the crude markets.  With US

May 11, 2012
Total Views: 3

total top kill elgin platform
News

Total: “Top Kill” at Elgin Could Happen Today

PARIS (Dow Jones)–Total SA (TOT) Friday said it has everything ready to “kill” a leaking gas well in the North Sea. “We could carry

May 11, 2012
Total Views: 1

port of poti georgia
News

APM Terminals Plans Major Black Sea Investment in Georgia

COPENHAGEN (Dow Jones)–The port-operating arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), APM Terminals, will invest over

May 11, 2012
Total Views: 227

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Friday, May 11, 2012
Vessel Expenses Outweigh 42% Revenue Growth at Navios Maritime, S&P Lowers Outlook
Finance

Vessel Expenses Outweigh 42% Revenue Growth at Navios Maritime, S&P Lowers Outlook

(Dow Jones) Standard & Poor’s Ratings Services lowered its rating outlook on Navios Maritime Acquisition Corp. (NNA) to negative from stable,

May 11, 2012
Total Views: 6

CSAV
Finance

Losses Continue at Chilean Shipping Company CSAV

SANTIAGO -(Dow Jones)- Chilean shipper Compania Sudamericana de Vapores SA‘s (VAPORES.SN) first-quarter loss widened to $205 million compared with a

May 11, 2012
Total Views: 5

Thursday, May 10, 2012
bond super puma Eurocopter EC225 ditches
Incidents

Helicopter Carrying 14 Offshore Rig Workers Ditches in the North Sea

LONDON -(Dow Jones)- The U.K.’s main offshore workers’ union has called for all helicopters operated by Bond Aviation to be grounded pending an

May 10, 2012
Total Views: 269

mcdermott krishna godavari dhirubhai riser installation platform
Engineering News

McDermott’s Offshore Construction Backlog Increases by $1.9 Billion, Profits Down in Q1 However

(Dow Jones) McDermott International Inc.’s (MDR) first-quarter profit slid 11% due to lower activity in the Asia Pacific region, though cost controls

May 10, 2012
Total Views: 30

Ship Repair Yards Challenged to Meet Requirements While Keeping Costs Low
Engineering News

Ship Repair Yards Challenged to Meet Requirements While Keeping Costs Low

International environmental regulations for the shipping industry are being tightened and demanding a reduction of the emissions of sulphur and nitrous oxide.

May 10, 2012
Total Views: 6

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Thursday, May 10, 2012
Glencore: Commodities Demand “Remains Healthy Across the Globe”
News

Glencore: Commodities Demand “Remains Healthy Across the Globe”

LONDON -(Dow Jones)- Commodities titan Glencore International AG(GLE.LN) Wednesday reported mixed first quarter output across commodity products and said its

May 10, 2012
Total Views: 3

wilh wilhelmsen
Finance

Livin’ La Vida Loca…Wilh. Wilhelmsen Posts 84% Rise in Year-on-Year Profits

In the face of extraordinary challenges faced by the global shipping industry, Norwegian maritime conglomerate, Wilh. Wilhelmsen Holding ASA (WWI.OS),

May 10, 2012
Total Views: 14

Wednesday, May 9, 2012
us-congress
Blog

Third-Annual “Sail-In” Updates Congress on Benefits of a Strong U.S. Maritime Industry

An estimated 155 American maritime industry representatives from throughout the country are gathering today in Washington, D.C. for the third-annual

May 9, 2012
Total Views: 4

Golden Pass LNG
News

ConocoPhillips Looks to Grow Organically and Put Golden Pass LNG Terminal to Use, Somehow

HOUSTON (Dow Jones)–ConocoPhillips (COP) Chief Executive Ryan Lance said that the company stopped investing in its dry natural-gas production in North

May 9, 2012
Total Views: 19

Costa Concordia Wreck Removal Video, Not Quite Accurate
Multimedia

Costa Concordia Wreck Removal Video, Not Quite Accurate

Here’s how the Costa Concordia wreck removal will likely NOT happen, but they definitely show us some interesting insight into ship salvage. We talked

May 9, 2012
Total Views: 16

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