gCaptain – Maritime and Offshore News

Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it has increased the number of shares in its public offering of common stock by 250,000 to a

LONDON (Dow Jones)–The shipping costs for Very Large Crude Carriers, or VLCCs, traveling from the Arabian Gulf soared this week, supported by a tight

Sitting in the chief’s office of Coast Guard Station Fairport Harbor in Mentor, Ohio, I’m reading the legal release that I have to sign if I want

GUANTANAMO BAY NAVAL BASE, Cuba—A Saudi considered among the most senior figures in al Qaeda emerged Wednesday from nine years of secret confinement to

Maritime unions have critized the U.S. Maritime Administration and David Matsuda for releasing a report last week on the cost of flying the U.S. flag. The

Niko Resources (TSX: NKO), a Calgary-based independent oil and gas operator, announced yesterday that it had signed a contract worth in excess of $700 million

By Mohamed Odowa, SomaliaReport.com Claims that at least six Somali pirates were killed and three others were captured by the crew of the Greek owned MT

SINGAPORE (Dow Jones)–Asia’s crude tanker markets may see continued support in the coming week due to healthy demand, while improving gasoil demand

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Monday it is considering acquiring German wind-turbine maker Bard

MT Halifax and her crew of 25 were overrun by pirates a few days ago, however according to Oyibos Online, an Nigerian Expat online newspaper, a letter was sent

(EUNAVFOR) On 4 November 2011, following a coordinated search and detection by a French Maritime Patrol and Reconnaissance aircraft, the German warship FGS

(Dow Jones) Many analysts have taken Transocean to the cleaners after it barely eked out a 3Q profit, but Citi is keeping its buy rating while lowering

HOUSTON -(Dow Jones)- The third-party vendors refitting Transocean Ltd.’s (RIG) well control systems and blow-out preventers to comply with new rules

Sec of State Hillary Clinton Orders Embassies to Sell the Use of Contractors By Robert Young Pelton, SomaliaReport.com Somalia Report has obtained an

It’s about a two and a half hour helicopter flight from Louisiana to get to this lonely patch of ocean far out in the Gulf of Mexico, but the

The MV Iceberg 1 is a Panama-flagged Roll on-Roll off ship that was attacked and overrun by pirates on 29 March 2010.  Since that time, the crew has been

The Picchiotti Exuma, the 3rd yacht of Perini’s Vitrivius-series is the temperate-climate version of her 55-meter ice-class sibling and was widely

Weekly Summary of Maritime Crime and Piracy:  Week of 27 October 2011 (source: ONI) NIGERIA: Petroleum tanker (HALIFAX) hijacked by pirates on 29 October at

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday that its third-quarter net profit fell 25% from a year earlier due to weaker margins

By Ralph Gardner Jr. I needed help understanding my serious tugboat fixation. So I turned to someone who I thought might be able to offer some insight, who

Transocean Ltd. (RIG) swung to a third-quarter loss on acquisition-related charges as a revenue shortfall hurt the offshore-oil driller’s margins.

Reaching from Chile up to the Bering Sea, then down again to New Zealand, the fault lines circling the Pacific Ocean are named The Pacific Ring of Fire and

Should Shipping Companies Lower Surcharges to Reflect Lower Threat? By Robert Young Pelton, Publisher, SomaliaReport.com This week’s hijacking of the

Who sends a ship to the waters off east Africa with a one-man, unarmed security force? Apparently the Greek owners of the Chemical Tanker Liquid Velvet

By Andrew Mwangura, Somalia Report UPDATE: Based on Somalia Report‘s information the vessel should be anchored off Bandar Murcaayo or Rasu Bina near