gCaptain – Maritime and Offshore News

The U.S. Navy is underestimating the cost of its proposed 30-year shipbuilding program by 19 percent, the non-partisan Congressional Budget Office said in a

In the words of the great John Bossie “Mother Nature and the Sea are extreme forces that must be respected at all times.” Here are some videos that

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian

By Michael Grey, Contributing Editor to Clay Maitland’s blog It is a bit rich, all this carping criticism from the United Nations about the private

Tourists get the full experience of the power of a calving glacier while on a boat trip off Ilulissat, Greenland.  Fortunately, and somewhat amazingly, nobody

By Bruce Vail, contributing writer at Working In These Times Unions representing the crewmembers aboard U.S.-flag cargo ships are reeling from a stunning

Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform

(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the

On 25 July 1956, the Italian liner Andrea Doria and Swedish cruiser Stockholm collided off Nantucket on the New England coast. USS Edward H. Allen (DE 531) and

If it looks like a deal that’s too good to be true, it likely is, especially if it involves reflagging unregistered ships.  The following is a report by

Because they just won $4 Billion in contracts for three of their rigs, two of which haven’t even been built yet… The combined 3 rig package

Seadrill has again specified Rolls-Royce thrusters for three drillships to be built by Samsung in Korea. Each vessel will be equipped with six azimuth

(Bloomberg) — A glut of the biggest oil tankers in the Persian Gulf expanded, a Bloomberg survey showed, adding to pressure on owners facing returns near

From 1 January 2013, all ships over 400GT on international voyages will be required to carry a Ship Energy Efficiency Management Plan (SEEMP), detailing the

The fire onboard the MSC Flaminia that has been burning for over a week has been contained, according to salvage experts from SMIT Salvage.  The announcement

LONDON-(Dow Jones)- The Nigerian National Assembly will make a decision on whether to impose a $5 billion fine on Royal Dutch Shell SA’s Nigerian

SINGAPORE–Keppel Corp. Ltd. (BN4.SG) said Monday that its shipyard unit has secured three conversion contracts totaling S$103 million. The contracts are

(Bloomberg) — Nigeria, Africa’s largest oil producer, plans to increase exports of Akpo crude to six cargoes of 1 million barrels each in

(Bloomberg) — The biggest collapse in European demand for liquefied natural gas in at least 12 years and record Asian imports are sending fuel cargoes an

On July 18th in the Gulf of Aden, the three Head Honchos of international piracy deterrence met face-to-face to swap sea stories and discuss some

The Naval Criminal Investigative Service (NCIS) has made an arrest in connection with a shipyard fire that devastated the Los Angeles-class fast-attack

– By Rojda Akdag, Managing Director, MTS Logistics Labor stoppage, which is also known as a strike, is the problem aroused by the tension between a

The SINOPACIFIC Shipbuilding Group announced last Friday the signing of a newbuilding contract for (4) SPP35 platform supply vessels (PSV) and a Letter of

Scorpio Tankers Inc. (NYSE: STNG) announced today that it has signed an agreement with its lenders to extend the availability period of its $115

The first of four Panamax bulk carriers ordered by the Shipping Corporation of India Ltd. (SCI) were delivered last Friday by STX (Dalian) Shipbuilding Co.