gCaptain – Maritime and Offshore News


Friday, May 25, 2012
time charter market clarksons
Finance

Frontline Tankers’ Q1 Earnings Drop 54%, Beats Estimates

Frontline Ltd.’s (FRO) first-quarter earnings fell 53% on a double-digit drop in revenue as the company said demand in the tanker market continues to lag

Friday, May 25, 2012
Total Views: 40

unsinkable titanic
Blog

The Curious case of Lloyd’s Register, The Times, and the Titanic

-By Christopher Browne,  The message was brief and cryptic: “Struck an iceberg and sank in latitude 41.16 N, longitude 50.14 W”. It might have been just

May 25, 2012
Total Views: 838

Oskarshamnsvarvet
Engineering News

How Fast Can you Say “Damen Acquires Oskarshamnsvarvet” 10 Times?

Damen Shipyards Group announced today that they have taken over the shares of Swedish ship repair and maintenance yard Oskarshamnsvarvet in Oskarshamn. The

May 25, 2012
Total Views: 45

Hyundai Heavy Wins $700 Million Order for Supersized Harsh Environment Semi
News

Hyundai Heavy Wins $700 Million Order for Supersized Harsh Environment Semi

Fred Olsen Energy ASA announced today that one of their wholly owned subsidiaries has entered into a turnkey, $700 million contract with Hyundai Heavy

May 25, 2012
Total Views: 134

Ship Photo of The Day – Bulbous Bow Lift
Blog

Ship Photo of The Day – Bulbous Bow Lift

Huntington Ingalls’ Newport News Shipbuilding (NNS) division this week reached a major milestone in the construction of the U.S. Navy’s new

May 25, 2012
Total Views: 963

Thursday, May 24, 2012
MSC Box Ship Cleared Following Explosion Near Puerto Rico
USCG

MSC Box Ship Cleared Following Explosion Near Puerto Rico

The MSC containership idled since suffering an onboard explosion eleven days ago off the coast of Puerto Rico has been cleared to move on, the U.S. Coast Guard

May 24, 2012
Total Views: 60

Most Read

News

US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific

The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator

Shipping

Saudis Shuttle Oil North On Tankers To Evade Houthis

By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern

News

Sanctioned Shadow Fleet Tanker Hijacked in Gulf of Aden and Diverted Toward Somalia

A U.S.-sanctioned product tanker has been hijacked in the Gulf of Aden and redirected toward Somalia after six armed men boarded and seized control of the

News

Trump Administration Claims Massive Oil Flows Through Hormuz But Industry Data Raises Questions

U.S. Energy Secretary Chris Wright says the military helped move more than 15 million barrels of oil and petroleum products through the Strait of Hormuz on

Shipping

‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding

Dutch general cargo vessel Thamesborg has safely completed its first transit of Canada’s Northwest Passage since running aground on an uncharted shoal in the


Thursday, May 24, 2012
Ship Photo of The Day – Parade of Sail in New York Harbor
Blog

Ship Photo of The Day – Parade of Sail in New York Harbor

Here is an aerial shot of New York harbor during the “Parade of Sail”, an event that officially marks the start of Fleet Week in New York. This

May 24, 2012
Total Views: 29

uss miami arrives
Defense

13 Hours Later, Firefighters Extinguish Blaze on Board US Navy Fast Attack Submarine

USS Miami, an American Los Angeles-class “improved” fast attack submarine was undergoing a routine maintenance shipyard availability at Portsmouth

May 24, 2012
Total Views: 100

ship finance international
Finance

Improved Spot Charter Market Boosts Crude Tanker Operator, Ship Finance International

(Dow Jones) Ship Finance International Ltd.’s (SFL) first-quarter profit rose 21% on a stronger performance in the tanker market. The company, which

May 24, 2012
Total Views: 31

SS Badger underway
News

Last American Coal Powered Ferry Asks Permission to Dump Ashes While Steaming

  Via K&L Gates Lake Michigan Carferry, Inc., the operator of the SS Badger today filed the first ever individual permit application to authorize

May 24, 2012
Total Views: 76

stealthgas defiance
News

STX Shipbuilding Sits on the Edge of a Nearly Half-Billion Dollar Deal

STX Offshore and Shipbuilding announced this week a signed $120 million Letter of Intent (LOI) with an unnamed Greek owner to build two 6,500-CBM LPG vessels

May 24, 2012
Total Views: 33

Most Read

US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific
News

US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific

The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator

Saudis Shuttle Oil North On Tankers To Evade Houthis
Shipping

Saudis Shuttle Oil North On Tankers To Evade Houthis

By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern

Sanctioned Shadow Fleet Tanker Hijacked in Gulf of Aden and Diverted Toward Somalia
News

Sanctioned Shadow Fleet Tanker Hijacked in Gulf of Aden and Diverted Toward Somalia

A U.S.-sanctioned product tanker has been hijacked in the Gulf of Aden and redirected toward Somalia after six armed men boarded and seized control of the

Trump Administration Claims Massive Oil Flows Through Hormuz But Industry Data Raises Questions
News

Trump Administration Claims Massive Oil Flows Through Hormuz But Industry Data Raises Questions

U.S. Energy Secretary Chris Wright says the military helped move more than 15 million barrels of oil and petroleum products through the Strait of Hormuz on

‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding
Shipping

‘Thamesborg’ Completes Arctic Northwest Passage After Last Year’s Grounding

Dutch general cargo vessel Thamesborg has safely completed its first transit of Canada’s Northwest Passage since running aground on an uncharted shoal in the


Thursday, May 24, 2012
eastern opal AMP asia maritime pacific
News

Hong Kong-Based Drybulk Companies Unite | OSL Holdings Ltd Merges with Asia Maritime Pacific

Asia Maritime Pacific Ltd and OSL Holdings Ltd announced that as of 17 May 2012 the two companies have merged their Hong Kong-based operations. The new merged

May 24, 2012
Total Views: 199

transocean marianas
News

Transocean’s Marianas Contracted to Drill Offshore Namibia

RIO DE JANEIRO -(Dow Jones)- Brazilian oil startup HRT Participacoes em Petroleo SA (HRTP3.BR) said Wednesday that it had hired a semisubmersible drill rig

May 24, 2012
Total Views: 80

Wednesday, May 23, 2012
damen stan pontoon launch (SPo) 12032
News

Damen Shipyards Launches Giant Pontoon in China

Damen Shipyards has launched the first of its newly designed Stan Pontoon (SPo) 12032 which is the longest pontoon they’ve ever built, and part of a

May 23, 2012
Total Views: 287

law of the sea treaty us navy
Defense

WSJ: Senate to Rehash Law of the Sea Treaty Today

By Keith Johnson and Julian E. Barnes WASHINGTON (Dow Jones)–The Senate will hold on Wednesday its first hearing since 2007 on ratification of the

May 23, 2012
Total Views: 34

OSG
News

OSG Supertanker Booked to Ship Forties Crude to South Korea

LONDON (Dow Jones)–More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has

May 23, 2012
Total Views: 35

Corporate News

4 hours ago

Inmarsat Maritime and SK telink deepen strategic partnership to accelerate NexusWave adoption in South Korea

Inmarsat Maritime, a Viasat company, and South Korean telecommunications services provider SK telink have signed an agreement to advance maritime digitalisation across the

August 18, 2026

MacGregor Secures Comprehensive Hatch Cover and Cargo Handling Order for Six LNG-Powered Containerships at Cochin Shipyard Limited

MacGregor has been selected to deliver a comprehensive scope of cargo handling solutions for six 1,700 TEU dual-fuel LNG-powered containerships to be built at Cochin Shipyard

August 18, 2026

Ferry To Floatel: Heat Pumps Provide a Green Pathway

An innovative ferry-to-floatel conversion proves that zero-emission hotel loads are a reality today, offering cruise and ferry operators a highly efficient, scalable alternative

August 11, 2026

ABB to power Allseas’ heavy transport vessel for offshore wind industry

ABB has secured a contract with Guangzhou Shipyard International (GSI) to deliver an integrated power and propulsion package to semi-submersible heavy transport vessel (HTV) Grand

August 11, 2026

ABS Issues Product Design Assessment to Fleetzero’s Leviathan™ Battery Energy Storage System

First U.S.-Manufactured Lithium Iron Phosphate Marine Battery System to Receive Classification Society Approval ABS has issued a product design assessment (PDA) to Fleetzero for

August 6, 2026

ABS and Samsung Heavy Industries Advance 50 MW and 200 MW Floating Data Center Designs

ABS and Samsung Heavy Industries (SHI) have announced two milestones advancing floating data center development, part of a series of innovative agreements following the opening of

August 6, 2026

Damen signs contract with Aegean Tugs Shipping Company for ASD Tug 2811 delivery

Damen Shipyards Group has signed a contract with Greece-based Aegean Tugs Shipping Company for an ASD Tug 2811. Thanks to its stock-building programme, Damen is able to offer its

August 6, 2026

Thordon Bearings adds SAI Engineering to growing global distributor network

Thordon Bearings, the market leader in environmentally safe, water-lubricated and grease-free bearing and seal solutions, has welcomed marine engineering and naval architecture

Corporate News

4 hours ago

Inmarsat Maritime and SK telink deepen strategic partnership to accelerate NexusWave adoption in South Korea

Inmarsat Maritime, a Viasat company, and South Korean telecommunications services provider SK telink have signed an agreement to advance maritime digitalisation across the

August 18, 2026

MacGregor Secures Comprehensive Hatch Cover and Cargo Handling Order for Six LNG-Powered Containerships at Cochin Shipyard Limited

MacGregor has been selected to deliver a comprehensive scope of cargo handling solutions for six 1,700 TEU dual-fuel LNG-powered containerships to be built at Cochin Shipyard

August 18, 2026

Ferry To Floatel: Heat Pumps Provide a Green Pathway

An innovative ferry-to-floatel conversion proves that zero-emission hotel loads are a reality today, offering cruise and ferry operators a highly efficient, scalable alternative

August 11, 2026

ABB to power Allseas’ heavy transport vessel for offshore wind industry

ABB has secured a contract with Guangzhou Shipyard International (GSI) to deliver an integrated power and propulsion package to semi-submersible heavy transport vessel (HTV) Grand

August 11, 2026

ABS Issues Product Design Assessment to Fleetzero’s Leviathan™ Battery Energy Storage System

First U.S.-Manufactured Lithium Iron Phosphate Marine Battery System to Receive Classification Society Approval ABS has issued a product design assessment (PDA) to Fleetzero for

August 6, 2026

ABS and Samsung Heavy Industries Advance 50 MW and 200 MW Floating Data Center Designs

ABS and Samsung Heavy Industries (SHI) have announced two milestones advancing floating data center development, part of a series of innovative agreements following the opening of

August 6, 2026

Damen signs contract with Aegean Tugs Shipping Company for ASD Tug 2811 delivery

Damen Shipyards Group has signed a contract with Greece-based Aegean Tugs Shipping Company for an ASD Tug 2811. Thanks to its stock-building programme, Damen is able to offer its

August 6, 2026

Thordon Bearings adds SAI Engineering to growing global distributor network

Thordon Bearings, the market leader in environmentally safe, water-lubricated and grease-free bearing and seal solutions, has welcomed marine engineering and naval architecture


Wednesday, May 23, 2012
drilling rig semisubmersible ship shipyard
Blog

Atwood Condor or Star Destroyer? You Decide.

When former shipmate, Captain Adam Iverson from the Atwood Condor sent these images to me the other day, I felt an immediate sense of envy followed by a desire

May 23, 2012
Total Views: 250

jumbo shipping jubilee gorgon caissons

Jumbo Conducts Heavy Lift in Support of Gorgon LNG Export Facility Development

Not only is Barrow Island, Australia a Class A Nature Reserve, but soon it will be an important LNG export hub from the Gorgon Field, one of the largest

May 23, 2012
Total Views: 114

Tuesday, May 22, 2012
Alaskan Ferry T-Bone’s Fish Processing Plant [INCIDENT VIDEO]
Blog

Alaskan Ferry T-Bone’s Fish Processing Plant [INCIDENT VIDEO]

Here is some video taken from onboard the Matanuska ferry at the moment it crashed into the Ocean Beauty Seafood dock and processing plant in Petersburg,

May 22, 2012
Total Views: 315

helix plet installation
Multimedia

Helix’s EXPRESS Commences Subsea Installation Work Offshore Israel [IMAGES]

After wrapping up her deepest work ever at ENI’s Devil’s Tower Southwest project in the Gulf of Mexico, and another subsequent pipelay project in

May 22, 2012
Total Views: 166

transocean deepwater horizon disaster bp
News

Transocean CFO Misspeaks, it’s NOT Likely Employees Will be Indicted in DWH Disaster

HOUSTON–Transocean Ltd. (RIG, RIGN.VX) said an executive misspoke Tuesday morning when he said that the company expected the U.S. to file more charges

May 22, 2012
Total Views: 100

gCaptain-jobs
gCaptain-jobs

Find Your Next Opportunity

Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.


Tuesday, May 22, 2012
COSCO 57000 dwt bulk carrier guangdong
Engineering News

COSCO Shipyards Deliver Three New Bulk Carriers to Asian Clients

COSCO Corporation (Singapore) Limited announced today that their subsidiaries, COSCO Shipyard Group Co., have delivered three bulk carriers to Asian buyers

May 22, 2012
Total Views: 89

SOTC jack-up abs singapore
Blog

Larger, Deeper, and More Efficient – Offshore Technology Centers Provide Solutions to Shipbuilding Challenges

By Neville Smith Asian shipyards are moving into added value offshore fabrication and construction and ABS is aiding the transition through the work of its

May 22, 2012
Total Views: 72

Gerald R. Ford Build Sequence: Keel-laying to Launch in Under Two Minutes [VIDEO]
Blog

Gerald R. Ford Build Sequence: Keel-laying to Launch in Under Two Minutes [VIDEO]

Here is a three-dimensional rendering of Gerald R. Ford (CVN 78) supercarrier’s build sequence, from keel-laying to launch.

May 22, 2012
Total Views: 503

U.S. Honors Merchant Marine on National Maritime Day
Blog

U.S. Honors Merchant Marine on National Maritime Day

Today here in the U.S. is National Maritime Day! National Maritime Day was officially declared by Congress in 1933 to honor the contributions of the American

May 22, 2012
Total Views: 51

magne viking supply ship
News

Magne Viking Contracted by Chevron to Work Alongside the Stena Carron

Viking Supply Ships, one of TransAtlantic’s two business areas, announced today the receipt of a contract award for their AHTS-vessel, Magne Viking, to

May 22, 2012
Total Views: 880