gCaptain – Maritime and Offshore News


Thursday, August 16, 2012

Soaring Bunker Prices Steer Hapag-Lloyd to Second Quarter Loss

(Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, reported a second-quarter loss after soaring fuel costs offset

Thursday, August 16, 2012
Total Views: 49

Blog

Spaceship, or Whatever, Found in Russian Woods

I’m not sure what this thing is, or used to be, but whatever it is, I kind of want to salvage it and convert it into a house, or

August 16, 2012
Total Views: 1087

News

Norwegian Oil Production Strangled by Old Rigs and Ridiculously High Salaries

(Bloomberg) — Norway needs to simplify rules for offshore oil rigs and reduce labor costs to support efforts to increase oil and gas production in

August 16, 2012
Total Views: 134

News

West African Crude Imports May Lift Day Rates for VLCCs

Increased Asian imports of West African oil may lift demand for very large crude carriers as daily rates stay below $15,000, according to the Baltic and

August 16, 2012
Total Views: 54

Wednesday, August 15, 2012

U.S. Offshore Wind Farm Clears FAA Hurdle

The Federal Aviation Administration said the proposed Cape Wind power project off the Massachusetts coast poses no risk to air navigation, clearing a hurdle

August 15, 2012
Total Views: 42

Multimedia

Maersk CEO: No Sign of New Container Price War [INTERVIEW]

(Bloomberg) — Nils S. Andersen, chief executive officer of A.P. Moeller-Maersk A/S, talks about second-quarter profit reported today and the outlook for

August 15, 2012
Total Views: 50

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


Wednesday, August 15, 2012

Ask and You Shall Receive: Arctic OSV’s To Be Delivered Ahead of Schedule to Russian Owner

Arctech said Wednesday that it plans to deliver the harsh-environment offshore supply vessel Vitus Bering four months ahead of schedule at the request of

August 15, 2012
Total Views: 62

News

American and Danish Shipowners Unite to Form Project and Heavylift Cargo Superpower

Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announced a stock transaction today. The two companies will create an unparalleled platform for

August 15, 2012
Total Views: 75

News

Following in Norwegian Footsteps, Harvey Gulf Gains Charters for LNG-Powered OSVs

Louisiana-based Harvey Gulf International Marine announced to reporters recently that it has signed long term charters for 3 of its LNG powered offshore supply

August 15, 2012
Total Views: 246

News

As Australian Dollar Gains Strength, Gorgon LNG Project Will Cost Chevron $8 Billion More than Anticipated

CANBERRA–Chevron Corp. (CVX) is unlikely to seek protection against swings in the Australian dollar that have intensified cost pressures at its flagship

August 15, 2012
Total Views: 120

windfloat hempel coatings
News

Portugal Installs First Floating Offshore Wind Turbine [VIDEO]

Located 4000 meters off the northern Portuguese shoreline in approximately 50 meters of water, a pioneering piece of floating machinery is delivering up to 2MW

August 15, 2012
Total Views: 334

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


Wednesday, August 15, 2012
Engineering News

Former Transocean Jack-up to be Converted into Accommodation Rig at Scheldepoort

Scheldepoort Repair & Conversion Yard has been awarded a contract to convert the jack-up drilling rig ‘Shelf Explorer’ into offshore hotel

August 15, 2012
Total Views: 415

News

As Europe’s Debt Crisis Expands into China, Hamburg Starts Feeling the Impact

(Bloomberg) — Growth in Hamburg is stalling as Europe’s fiscal crisis spreads into China and other Asian countries, threatening the recovery of

August 15, 2012
Total Views: 173

Tuesday, August 14, 2012
Blog

Congratulations! Your Ship Has Been Hijacked by “Jamal’s PAG”

I started to see this “letter” supposedly written by the leader of a Somali Pirate Action Group (PAG) pop up on a few of my regular slapstick humor

August 14, 2012
Total Views: 117

News

Grandweld Delivers Pair of Ramparts 3200 Escort Tugs to Abu Dhabi Ports Company

Vancouver-based naval architecture firm Robert Allan Ltd announced today the delivery of the Al Fenci and Al Durrah, the first two new RAmparts 3200 tugs, to

August 14, 2012
Total Views: 233

Interesting

Costa Concordia Salvage Suffers Delays

The wreck removal of the infamous Costa Concordia is going to take longer than expected, officials in Italy announced this week. On Monday the Department of

August 14, 2012
Total Views: 79

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


Tuesday, August 14, 2012
News

VLCC Owners Watch Helplessly as Charter Rates Drop

(Bloomberg) — A surplus of oil tankers seeking cargoes in the Persian Gulf expanded, curbing an advance in charter rates for the vessels. There are 20

August 14, 2012
Total Views: 94

News

German Dominance within Global Shipping May Be Coming to an End

Controlling rougly 40 percent of the global container trade, the Germans are a superpower in the world of shipping, however that may be coming to an abrupt

August 14, 2012
Total Views: 51

Finance

STX Pan Ocean is Dragging Down the South Korean Conglomerate

SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as

August 14, 2012
Total Views: 140

News

Mercator’s Aframax Tanker, Omvati Prem, Insured to Ship Iranian Oil to India

MUMBAI–The Indian government has selected Mercator Ltd. (526235.BY) to bring crude oil from Iran after it accepted a cover offered by a state-run

August 14, 2012
Total Views: 72

News

Maersk CEO Predicts Further Growth, But then Again, “It Could Also Turn Really Bad”

COPENHAGEN-Danish shipping conglomerate A.P. Moller-Maersk A/S(MAERSK-B.KO), banking on the ability of shippers to continue raising freight rates, boosted the

August 14, 2012
Total Views: 74

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Monday, August 13, 2012
News

Wilh. Wilhelmsen Cashing in on Bottomless Demand for Car Shipments to China

Aug. 14 (Bloomberg) — Record car shipments to China and a rebound in cargoes from Japanese automotive companies recovering from last year’s tsunami

August 13, 2012
Total Views: 48

Progress Made on MSC Flaminia But Port Access Still Not Granted

Firefighting crews have continued to make progress on the burned out MSC Flaminia while salvage experts have been successful in reducing the listing of the

August 13, 2012
Total Views: 70

Blog

Sea Shepherd Responds to Watson “Red Notice”

The internets erupted last week after INTERPOL issued an easily misunderstood “Red Notice” for “Captain” Paul Watson of the

August 13, 2012
Total Views: 70

News

ClassNK Starts Joint Research Project to Optimize Ship Designs for Actual Sea Conditions

Tokyo – ClassNK announced today that they have started full scale ship tests to develop a feedback scheme on the design for ships performances in actual

August 13, 2012
Total Views: 245

WATCH: Freefall Lifeboat Set World Record Drop
Interesting

WATCH: Freefall Lifeboat Set World Record Drop

You may survive, but there’s a good chance you’ll need a new pair of drawers. The folks at Schat-Harding have recently set a new freefall lifeboat

August 13, 2012
Total Views: 951