gCaptain – Maritime and Offshore News

Technip was awarded by Marathon Oil Norge AS an engineering, procurement, installation and commissioning contract, worth above €300 million, for the

Of all the ships in world trade some prefer the sleek lines of a ocean liner while others prefer the mighty aircraft carrier or battleship but both vessels are

I recently met up with Katharine Palmer, Environmental Manager of Marine Product Development at Lloyd’s Register for an interview.  Here’s what

By Robb M. Stewart Australia’s version of the Titanic has taken another step towards becoming reality. Finnish ship design and marine engineering firm

Greek shipowner, Paragon Shipping Inc. (NYSE: PRGN), announced today that it has taken delivery of the M/V Precious Seas, a 37,205 dwt Handysize vessel, from

This past weekend, Marinette Marine Corporation (MMC), a Fincantieri company, launched the Reuben Lasker, a fisheries survey vessel that the Wisconsin

The Berge Acongagua, owned by Norwegian company Bergesen Worldwide (BW Group) and operated by Brazilian mining group, Vale, docked at Nippon Steel Corporation

Just when we had almost forgotten about the ongoing construction of the world’s largest ship (by dimensions), Rolls-Royce, announced today they won the

When most of the world envisions the British Navy with impeccably dressed officers, calling orders in the shadow of the gallant ensign are supplemented with

The New Great White Fleet – Will China’s fleet of secret surveillance ships soon outnumber the US Navy? It has been over three years since China

Navios Maritime Partners (NYSE: NMM), an owner and operator of dry cargo vessels, said today that it has purchased the Navios Buena Ventura, a 2010

U.S. Senators Maria Cantwell (D-WA), Mark Begich (D-AK) and Lisa Murkowski (R-AK) have announced an agreement with the U.S. Coast Guard to postpone the

Salvage operations to remove the wreckage of the Costa Concordia from the Island of Giglio have begun, South Florida’s Sun Sentinel reports. As gCaptain

In their second news release of the day, South Korean shipbuilder and engine manufacturer, Hyundai Heavy Industries, announced it has started exporting the

SEOUL (Dow Jones) –Hyundai Heavy Industries (009540.SE), the world’s largest shipbuilder, said Sunday it has won three orders worth a combined $600

A tanker operated by Tokyo-based JX Shipping exploded on Friday off Rosia Bay, Gibraltar which echoed across the town.  This is the second explosion to hit

Under perfect sailing conditions since leaving Newport, Rhode Island, the course record for the historic 635 nautical mile Newport-Bermuda Race was fully

Leg 8 of the Volvo Ocean Race recently took the fleet from Lisbon, Portugal, around the Azores, to Lorient, France.  Along the way however, they encountered

By Jarle Hammer, Republished from the DNV Bulk Carrier Update The dry bulk market has deteriorated significantly over the last six months, although rates have

PORT ARTHUR, Texas (Dow Jones)–Global oil supply is exceeding demand by 1.5 million barrels a day, the chief executive of state-owned oil giant Saudi

(Dow Jones) COPENHAGEN–The port-operating arm of Danish shipping and oil company A.P. Moller Maersk A/S (MAERSK-B.KO) Friday signed an agreement with

The results of a recent survey conducted by the ICC International Maritime Bureau (IMB) in conjunction with an international trade association have served to

Gulf Offshore Logistics’ fast supply crew boat Ms. Caroline crawled into Fourchon, LA Saturday morning with her bow all smashed up.  Not many details

A lot of news this week, but not much total change in oil prices.  Minute by minute volatility is the only constant we have in this market.  While it

Maritime New Zealand said Friday that the container recovery stage in the salvage of the M/V Rena has been completed and the operation will now move towards