gCaptain – Maritime and Offshore News


Tuesday, August 21, 2012
News

Floatel Goes for Number Four in Latest $315 Million Newbuild Deal with Keppel Corp

SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said unit Keppel FELS Ltd. has signed a US$315 million contract to build a semi-submersible accommodation

Tuesday, August 21, 2012
Total Views: 120

News

Nordon’s Fleet of Handymax Bulkers are Outperforming Ships Twice their Size [REPORT]

(Bloomberg) — D/S Norden A/S, Europe’s biggest commodity shipping company, is poised for a second consecutive quarterly profit after concluding

August 21, 2012
Total Views: 135

Monday, August 20, 2012
Engineering News

Big Win for Aker Philadelphia, Crowley Signs $250 Million Contract for Pair of Jones Act Tankers

Aker Philadelpha Shipyard (Oslo: AKPS) breathed a huge sign of relief today as it signed a contract with Jacksonville-based Crowley Maritime Corporation for

August 20, 2012
Total Views: 103

Frontline 2012 Sees Hope in LPG

John Fredriksen’s Frontline 2012 announced Monday that the company has placed an order for two VLGC’s marking the recently spun off tanker

August 20, 2012
Total Views: 32

Navy

Royal Navy Offers A Glimpse of Its Future, Unveils Type 26 Warship

The UK’s Ministry of Defence on Monday offered its first look at the basic specification of the UK’s next generation warship, the Type 26 Global

August 20, 2012
Total Views: 135

Blog

Incident Photos of The Week – Walking on Water in Greenland

The M/V Vega Sagittarius sits high above the water after running aground last week near Nuuk, Greenland. The 11,811 dwt vessel, which is chartered by Royal

August 20, 2012
Total Views: 195

Most Read

News

Coast Guard Proposes Dropping Six Mariner Training Requirements

The U.S. Coast Guard is proposing to eliminate six training and competency requirements for certain Merchant Mariner Credential endorsements, saying the rules

Shipping

Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz

By Salma El Wardany Oct 4, 2026 (Bloomberg) –Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond

Shipping

Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow

The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the

Shipping

No Lights, No Radio: Getting Oil Through Hormuz Is a Risky Job

The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead

Accidents

Three Dead, Two Missing After Rescue Boat Capsizes Off South Africa

Three seafarers have died and two remain missing after a rescue boat capsized during an emergency response from the South African emergency towing


Monday, August 20, 2012
Blog

WATCH: Five Simultaneous Waterspouts Caught on Camera

This incredible video comes to us via Lake Michigan where an outbreak of waterspouts touched down over the weekend. The video was captured by Captain Eric

August 20, 2012
Total Views: 69

USCG

Grounded Freighter Gets Cut Up in Puerto Rico

Response crews continue cutting and removing sections of the 202-foot grounded freighter Jireh Monday to prepare the vessel for final removal and disposal from

August 20, 2012
Total Views: 72

Engineering News

Seafox 5 Wind Turbine Installation Vessel Set For Early Delivery

Keppel FELS is set to deliver the world’s largest multi-purpose offshore wind turbine installer ahead of schedule to Seafox Group, the Singaporean

August 20, 2012
Total Views: 122

Defense

New US Navy Oceanographic Vessel Will Provide Valuable New Research Tool [VIDEO]

ARLINGTON, Va.-Construction for two new research ships funded by the Office of Naval Research (ONR) officially got underway with a keel-laying and dedication

August 20, 2012
Total Views: 332

Finance

Chevron’s Australian Currency Hedge May be Looking Like Sheer Brilliance

Chevron Corp. (CVX) may end up getting a better deal Down Under than it bargained for. Chevron owns a 47% stake in Australia’s 43 billion Australian

August 20, 2012
Total Views: 106

Most Read

Coast Guard Proposes Dropping Six Mariner Training Requirements
News

Coast Guard Proposes Dropping Six Mariner Training Requirements

The U.S. Coast Guard is proposing to eliminate six training and competency requirements for certain Merchant Mariner Credential endorsements, saying the rules

Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz
Shipping

Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz

By Salma El Wardany Oct 4, 2026 (Bloomberg) –Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond

Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow
Shipping

Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow

The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the

No Lights, No Radio: Getting Oil Through Hormuz Is a Risky Job
Shipping

No Lights, No Radio: Getting Oil Through Hormuz Is a Risky Job

The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead

Three Dead, Two Missing After Rescue Boat Capsizes Off South Africa
Accidents

Three Dead, Two Missing After Rescue Boat Capsizes Off South Africa

Three seafarers have died and two remain missing after a rescue boat capsized during an emergency response from the South African emergency towing


Monday, August 20, 2012
Engineering News

Rongsheng Heavy Withdraws Plan to Acquire Engine Manufacturer

HONG KONG–China Rongsheng Heavy Industries Group Holdings Ltd. said it has decided to withdraw its CNY2.15 billion (US$336 million) bid to buy a Chinese

August 20, 2012
Total Views: 89

News

Offshore Sector Continues to Sustain Shipyards as DSME Wins $1.96 Billion Platform Order

(Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. won a 2.22 trillion won ($1.96 billion) order to build five fixed platforms as rising

August 20, 2012
Total Views: 106

Friday, August 17, 2012
News

ExxonMobil and Qatar Submit $10 Billion Request to Export LNG From the US Gulf Coast

HOUSTON–Golden Pass Products LLC, a joint venture between Exxon Mobil Corp. (XOM) and Qatar Petroleum, is asking federal authorities for permission to

August 17, 2012
Total Views: 158

News

You’re Fired – King’s Point Superintendant Wades Into Brown Water

In the heat and sunshine of a clear summer day, hundreds of cadets stood at attention to welcome the new superintendent, Rear Admiral James A. Helis, to the

August 17, 2012
Total Views: 381

Hapag-Lloyd Names New 13,200 TEU Flagship

Hapag-Lloyd on Friday held a naming ceremony for what is now officially the “Hamburg Express”, the first of ten new 13,200 TEU vessels and

August 17, 2012
Total Views: 146

Corporate News

October 5, 2026

From Residue to Resource – the Rise and Risks of Marine Biofuels

By Mark Smith, Director – Decarbonisation, NorthStandard While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their

September 29, 2026

The Mare McAllister: McAllister’s Latest High-tech Low-Emission Tug Arrives

McAllister Towing is proud to announce our newest arrival! Welcome tug MARY McALLISTER. As ourcustomer’s vessels grow larger and services for these behemoths become

September 28, 2026

The Great Lakes Towing Company Orders Two New Damen Tugs from Great Lakes Shipyard

Hulls 11 and 12 will continue the company’s fleet renewal and expansion program and its long-term investment in  Great Lakes shipping The Great Lakes Towing Company announced

September 23, 2026

Transforming the River Port, LLC Shipyard – Expanding What’s Possible

Bardex to deliver new 25,000Te OmniLift® Shiplift for River Port, LLC. The  system will be operated by East Coast Repair & Fabrication, LLC, expanding the Newport  News

September 14, 2026

New Pacific Launches First Shipbuilding Program Featuring Two  Tugboats for American Marine Corporation

Glosten-designed 122-foot vessels mark the first new builds at New Pacific’s historic Vancouver  waterfront facility. New Pacific Industrial (NP) has launched its first

September 14, 2026

ABS Joins Korean Initiative to Advance Standards for Next-Generation Ships and Shipyards

ABS has signed a memorandum of understanding (MOU) with three Korean maritime organizations to advance the development of international standards for the next generation of smart

September 14, 2026

ABB joins forces with Ferrari Hypersail to take Direct Current to new horizons 

ABB today announces a technology partnership with Ferrari Hypersail that brings ABB’s electrification expertise to the world’s most ambitious offshore challenge. As

September 10, 2026

TotalEnergies Lubmarine Launches Aurelia FE, an InnovativeFuel Economy Lubricant for 4-Stroke Medium Speed Marine Engines

TotalEnergies Lubmarine division announces the launch of Aurelia FE, an innovative trunk piston engine oil designed to help shipowners reduce fuel consumption, lower operating

Corporate News

October 5, 2026

From Residue to Resource – the Rise and Risks of Marine Biofuels

By Mark Smith, Director – Decarbonisation, NorthStandard While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their

September 29, 2026

The Mare McAllister: McAllister’s Latest High-tech Low-Emission Tug Arrives

McAllister Towing is proud to announce our newest arrival! Welcome tug MARY McALLISTER. As ourcustomer’s vessels grow larger and services for these behemoths become

September 28, 2026

The Great Lakes Towing Company Orders Two New Damen Tugs from Great Lakes Shipyard

Hulls 11 and 12 will continue the company’s fleet renewal and expansion program and its long-term investment in  Great Lakes shipping The Great Lakes Towing Company announced

September 23, 2026

Transforming the River Port, LLC Shipyard – Expanding What’s Possible

Bardex to deliver new 25,000Te OmniLift® Shiplift for River Port, LLC. The  system will be operated by East Coast Repair & Fabrication, LLC, expanding the Newport  News

September 14, 2026

New Pacific Launches First Shipbuilding Program Featuring Two  Tugboats for American Marine Corporation

Glosten-designed 122-foot vessels mark the first new builds at New Pacific’s historic Vancouver  waterfront facility. New Pacific Industrial (NP) has launched its first

September 14, 2026

ABS Joins Korean Initiative to Advance Standards for Next-Generation Ships and Shipyards

ABS has signed a memorandum of understanding (MOU) with three Korean maritime organizations to advance the development of international standards for the next generation of smart

September 14, 2026

ABB joins forces with Ferrari Hypersail to take Direct Current to new horizons 

ABB today announces a technology partnership with Ferrari Hypersail that brings ABB’s electrification expertise to the world’s most ambitious offshore challenge. As

September 10, 2026

TotalEnergies Lubmarine Launches Aurelia FE, an InnovativeFuel Economy Lubricant for 4-Stroke Medium Speed Marine Engines

TotalEnergies Lubmarine division announces the launch of Aurelia FE, an innovative trunk piston engine oil designed to help shipowners reduce fuel consumption, lower operating


Friday, August 17, 2012
Blog

Laker “Queen” Runs Hard Aground

The Great Lakes’ largest freighter ran hard aground this week while carrying 62,000 tons of coal on the outbound channel of the St. Marys River. The USCG

August 17, 2012
Total Views: 238

Fincantieri Launches Largest Ship To Date

Fincantieri’s Manfalcone shipyard on Thursday launched Princess Cruises new flagship, Royal Princess, which is the largest ship ever built by the Italian

August 17, 2012
Total Views: 120

ocean breeze aground chile bulk carrier
Incidents

MV Ocean Breeze Runs Aground and Gets POUNDED by Huge Surf on Chilean Beach [IMAGES and VIDEO]

Dramatic images of the Hong Kong-flagged bulk carrier MV Ocean Breeze which ran aground yesterday on Llo-Lleo’s beach, near the port of San Antonio,

August 17, 2012
Total Views: 1800

News

Need to Sell a Bulk Carrier? Thoresen Plans to Double Their Fleet and May be Interested

Thoresen Thai Agencies Pcl plans to almost double its dry-bulk shipping fleet in three years as a focus on Europe-U.S. cargos shields it from tumbling rates

August 17, 2012
Total Views: 171

News

Record Low Arctic Ice Presents a Whole New Commercial Frontier and Grave Concerns

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.

August 17, 2012
Total Views: 50

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Friday, August 17, 2012
News

34 MR Tankers Booked to Ship European Gasoline Across the Atlantic, Hits 10 Month High

(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

August 17, 2012
Total Views: 114

Thursday, August 16, 2012
Finance

Stake in Ocean Rig Supports Revenue Gain at Dryships, Losses Narrow

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

August 16, 2012
Total Views: 30

Blog

And In Other News…Floating Mine Found off Florida Beach, What?

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

August 16, 2012
Total Views: 187

Interesting

Abracadabra! Italian Shipowner, Chief Engineer Pull Jail Time and Fine From “Magic Pipe”

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

August 16, 2012
Total Views: 73

News

New Zealand Fishing Company Gets Nailed for Falsifying Oil Records

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

August 16, 2012
Total Views: 68