gCaptain – Maritime and Offshore News

Appendages to the propulsion system at the stern of a vessel can offer ship owners and operators an easy and relatively painless solution to improving fuel

(Bloomberg) — Costamare Inc., the Greek owner of 46 chartered container ships, is looking to acquire more vessels as asset values in the shipping

LONDON (Dow Jones) —Royal Dutch Shell PLC (RDSB.LN) could face a record $5 billion fine from authorities in Nigeria for an oil spill off the coast of

By Hursh Joshi, MaerskLineSocial Maersk Line does everything it can to avoid creating a negative impact on the marine environment. Despite these efforts on

(Bloomberg) — The world’s container shipping lines boosted reliability in June in terms of the number of boxes delivered on time, according to a

In a move to reduce debt, and to the overall benefit of the struggling dry bulk industry, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today that

Seajacks announced today they have placed an order with UAE-based Lamprell for the construction of a new self-propelled jack-up vessel, specifically designed

Rolls-Royce announced today that they have signed a £10 million contract with Simon Møkster Shipping for a wave piercing offshore vessel with a striking

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC Flaminia After Blast, Firefighting Efforts Underway

(Bloomberg) — Sales of offshore wind turbines collapsed in the first half, a sign the power industry and its financiers are struggling to meet the

Coast Guard personnel in Unalaska continue to investigate reports that the Noble Discoverer dragged anchor Saturday in Dutch Harbor and possibly grounded. 

Update: The vessel fired on was a fishing boat whose owner is from the United Arab Emirates, according to Al Arabiya television. The fisherman who was killed

LONDON–U.K.-listed oil explorer Tullow Oil PLC (TLW.LN) said Monday it has decided to abandon a high-pressure oil well it was drilling off the coast of

(Bloomberg) — Pirate attacks fell to the lowest since 2008 this year as the presence of naval forces helped deter Somalis from attacking merchant

Over the weekend, Kleven Maritime signed a 400 million NOK (USD $65M) contract with Remøy Shipping for a new Wärtsila-designed, LNG powered platform

(Bloomberg) — Teekay Corp., the biggest operator of Aframax crude tankers, is poised to return to profit after three years of losses as record Russian

This is what happens when you make a crane out of rubber and Elmers

Murphy’s Law was proven once again this weekend as the Noble Discoverer, a Shell-contracted drill ship destined to start drilling in arctic waters,

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC

WARSAW–The construction of Poland’s liquefied natural gas terminal on the Baltic Coast is four months behind schedule, a critical delay that may

Technology is changing the shipping industry.  Regulations affecting the shipping industry are constantly changing and evolving.  The way in which we conduct

The board members at Fairstar Heavy Transport had better start polishing up their resumes because Dockwise is about to kick them all out on to the street.

The Alaska Department of Transportation and Public Facilities (DOT&PF) and the Alaska Marine Highway System (AMHS) found that the May 7, 2012 allision of

(Bloomberg) — Daily rates for the largest commodity carriers fell for a fourth session amid a surplus of available ships to haul cargoes. Returns for

While operating north of the Shetland Islands, the crew of the Stena Carron drillship crew rescues an unexpected stowaway… With the Stena Carron less