gCaptain – Maritime and Offshore News


Thursday, February 23, 2012
indian ocean hijacking position
Incidents

Weekly Piracy Update – Tankers Engage in Brief Gunfights with Pirates, Self Defense Measures Prove Effective

Worldwide Maritime Crime and Piracy Update – week of 16 February 2012 (source: ONI) ARABIAN SEA: Vehicle carrier M/V LEILA reportedly hijacked on 15

Thursday, February 23, 2012
Total Views: 82

SEACOR Marine Aquires Liftboats from Superior Energy
Offshore

SEACOR Marine Aquires Liftboats from Superior Energy

SEACOR Marine announced today intentions to purchase 18 liftboats from Superior Energy Services.  The company said in a press statement that it will be

February 23, 2012
Total Views: 480

general maritime genmar
Finance

General Maritime and Oaktree Get Blasted by Their Creditors in Bankruptcy Court

Creditors of General Maritime Corp. (GMRRQ) are accusing the oil tanker operator and “old friend” Oaktree Capital Management LLC of contriving to

February 23, 2012
Total Views: 252

MV Carat crowley Second Mate Joseph Hood
Blog

MV Carat Powers Through Baltic Sea Ice – Photo of the Day

Image taken by Second Mate Joseph Hood on board the MV Carat.   MV Carat is a Crowley-managed containership owned by Reederei Gebr. Winter. Image via

February 23, 2012
Total Views: 30

Matterhorn Spirit Teekay
Finance

Teekay’s 4th Quarter Profit Heavily Impacted by Derivatives, Falls 44%

(Dow Jones) Teekay Corp.’s (TK) fourth-quarter earnings fell 44% on the impact of derivatives and other items, though the company reported revenue

February 23, 2012
Total Views: 29

siem offshore
News

Strong Demand for Offshore Supply Vessels, Norwegian Operator Doubles Profit in 4th Quarter

(Dow Jones) Norwegian supply vessel operator Siem Offshore Inc. (SIOFF.OS) said Thursday that a relatively strong market for supply vessels in the North Sea as

February 23, 2012
Total Views: 293

Most Read

Shipping

Ships Told They Can Use South Hormuz Route With Signals On

By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of

News

Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal

The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war.

Shipping

US Forces Monitoring Strait Of Hormuz To Ensure It Stays Open

WASHINGTON, June 20 (Reuters) – The U.S. military on Saturday denied Iran’s claims that it had closed the Strait of Hormuz, saying the

Defense

Construction Starts on First Arctic Security Cutter in Finland, Marking Major Expansion of U.S. Icebreaking Fleet

Construction of the first Arctic Security Cutter (ASC) for the U.S. Coast Guard began on Tuesday at Sata Shipbuilding’s yard in Pori, Finland, marking the

Shipping

Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut

By Weilun Soon and Julian Lee Jun 21, 2026 (Bloomberg) –Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even


Thursday, February 23, 2012
marine rig sembcorp shipbuilding
Engineering News

Sembcorp Shipbuilding: “Fundamentals for the Offshore O&G Industry Remain Intact”

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd.’s (S51.SG) fourth-quarter net profit fell 4.3% mainly because of lower operating profit from rig

February 23, 2012
Total Views: 34

Hanjin London 5300-TEU-Class
Finance

Hanjin Shipping To Maintain Oil Hedging Ratio At 30% Due to Fuel Price Volatility

SEOUL (Dow Jones)–Hanjin Shipping Co. (117930.SE) will maintain a oil hedging ratio of 30% of bunker fuel purchases this year in order to be less

February 23, 2012
Total Views: 48

mol maneuver
Collision

Failed to “Maneuver” – Containerships Collide on the High Seas Off Hong Kong

TOKYO – Mitsui O.S.K. Lines, Ltd. today announced that the 78,000 DWT MOL-operated containership MOL Maneuver collided with the containership Zhen

February 23, 2012
Total Views: 152

Wednesday, February 22, 2012
genco ardennes
Finance

Genco Offers $50M in Stock, Shares Fall 10% After Hours

(Dow Jones) Genco Shipping & Trading Ltd. (GNK) unveiled plans to offer $50 million worth of common stock to pay for general corporate purposes. Shares of

February 22, 2012
Total Views: 29

Why it’s Important Hollywood and the Media Get it Right [OP/ED]
Blog

Why it’s Important Hollywood and the Media Get it Right [OP/ED]

By Kevin Sorbello, Chief Engineer Hollywood and the media rely on sensationalism in a very competitive and time sensitive market.  Pictures and video try to

February 22, 2012
Total Views: 71

Most Read

Ships Told They Can Use South Hormuz Route With Signals On
Shipping

Ships Told They Can Use South Hormuz Route With Signals On

By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of

Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal
News

Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal

The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war.

US Forces Monitoring Strait Of Hormuz To Ensure It Stays Open
Shipping

US Forces Monitoring Strait Of Hormuz To Ensure It Stays Open

WASHINGTON, June 20 (Reuters) – The U.S. military on Saturday denied Iran’s claims that it had closed the Strait of Hormuz, saying the

Construction Starts on First Arctic Security Cutter in Finland, Marking Major Expansion of U.S. Icebreaking Fleet
Defense

Construction Starts on First Arctic Security Cutter in Finland, Marking Major Expansion of U.S. Icebreaking Fleet

Construction of the first Arctic Security Cutter (ASC) for the U.S. Coast Guard began on Tuesday at Sata Shipbuilding’s yard in Pori, Finland, marking the

Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut
Shipping

Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut

By Weilun Soon and Julian Lee Jun 21, 2026 (Bloomberg) –Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even


Wednesday, February 22, 2012
More Bodies Found on Costa Concordia

More Bodies Found on Costa Concordia

UPDATE: The number of bodies found has now risen to 8 according to various reports.  The death toll is now at 25.  Four of the bodies have been recovered

February 22, 2012
Total Views: 67

The Evolution of STCW, a Satire [VIDEO]
Blog

The Evolution of STCW, a Satire [VIDEO]

Contact the RYA, see if they have a two-man crew, preferably a dyslexic, and an

February 22, 2012
Total Views: 79

mars tanker royal fleet auxiliary
Engineering News

DSME Wins £452M Contract to Build 4 Royal Navy Fleet Auxiliary Tankers

A new generation of 37,000-tonne tankers have been ordered for the Royal Navy fleet, the Ministry of Defense announced today. The new Military Afloat Reach and

February 22, 2012
Total Views: 299

onboard dc grid abb
Blog

How Shipboard DC Power Saves You Money, and Reduces Environmental Impact [INFOGRAPHIC]

– By ABB Marine The Onboard DC grid provides a highly efficient power distribution system that allows a wide range of seagoing vessels to cut their fuel

February 22, 2012
Total Views: 120

tanjung pelepas apm terminals
News

Economic Growth Doesn’t Happen Without Infrastructure, Indonesia Faces Development Issues

JAKARTA (Dow Jones)–Indonesia needs to move quickly to expand and modernize its ports to keep up with a recent increase in exports and imports generated

February 22, 2012
Total Views: 35

Corporate News

June 11, 2026

Inmarsat NexusWave certified by ClassNK for latest IACS cyber security standards

NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification

June 8, 2026

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.

June 8, 2026

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking

June 3, 2026

VIKING Pentagon Star provides rapid escape route from the water in disaster scenarios  

VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people

June 2, 2026

The future starts here

Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that

June 2, 2026

Resolve Marine Releases 2025 Sustainability Report

The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%

May 22, 2026

Sustainable shipping without the spin

To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects

Corporate News

June 11, 2026

Inmarsat NexusWave certified by ClassNK for latest IACS cyber security standards

NexusWave, the fully managed, bonded connectivity service from Inmarsat Maritime, a Viasat company, has been awarded Cyber Security Type Approval by ClassNK. The certification

June 8, 2026

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.

June 8, 2026

Wallem managed bulk carrier rescues two Filipino fishermen from sinking vessel

Wallem Group, a leading global maritime partner, has released details of an incident in May when a ship under its management rescued two Filipino fishermen from their sinking

June 3, 2026

VIKING Pentagon Star provides rapid escape route from the water in disaster scenarios  

VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people

June 2, 2026

The future starts here

Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that

June 2, 2026

Resolve Marine Releases 2025 Sustainability Report

The Company’s Environmental, Social and Governance Programs Continue Their Positive Global Impact Resolve Marine, a global leader in innovative marine solutions,

May 27, 2026

Blue Water Marine Capital and Horizon Offshore Services Announce Strategic Cross-Purchase Agreement

Blue Water Marine Capital, headquartered in Linthicum, Maryland, and Horizon Offshore Services, based in Houston, Texas, are pleased to announce the successful completion of a 25%

May 22, 2026

Sustainable shipping without the spin

To meet the IMO’s emissions reduction targets, maritime industry commitment must extend to delivering greater data transparency and measurable action to prevent decarb projects


Wednesday, February 22, 2012
apl neptune orient lines containers shipping
Finance

A Full Year of Losses for Neptune Orient Lines [REPORT]

SINGAPORE (Dow Jones)–Singapore’s Neptune Orient Lines Ltd. (N03.SG) on Wednesday reported a fourth consecutive quarter of losses and said it is

February 22, 2012
Total Views: 60

Tuesday, February 21, 2012
viking line ferry nb 1376
Engineering News

Sweden’s AGA Gas to Provide Cryogenic Fuel for Viking Line’s Ultra-Low Emissions Flagship

Northern Europe’s leading industrial gas company, AGA Gas AB, and Viking Line have signed an agreement on delivery of liquefied natural gas (LNG) to

February 21, 2012
Total Views: 79

deepwater horizon fire
News

BP’s Survival Was at Risk – Chairman

STOCKHOLM -(Dow Jones)- The survival of BP PLC (BP) was at risk after the company was essentially shut out of lending markets following the Gulf of Mexico oil

February 21, 2012
Total Views: 29

OSD Inks Design Contracts for Ten New PSV Orders
Engineering News

OSD Inks Design Contracts for Ten New PSV Orders

The Netherlands-based Offshore Ship Designers, or OSD, said Tuesday it has sealed a deal with two offshore operators to provide the ship design for 10 large

February 21, 2012
Total Views: 58

IMO Secretary General brenda pimentel
News

Philippine Transmarine Carriers Hosts IMO Sec’y General, Presents Top-Shelf Training Facility for Seafarers

In his first official visit to the country after assuming office last January 2, International Maritime Organization (IMO) Secretary General Koji

February 21, 2012
Total Views: 244

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, February 21, 2012
faststream recruitment
News

UK-Based Recruitment Firm Allegedly Withholds Pay to Gulf Oil Spill Workers, Legal Battle Ensues

Just under two years ago, Faststream Recruitment, a UK-based maritime recruitment firm was hired by BP to provide contract workers for the Gulf of Mexico oil

February 21, 2012
Total Views: 34

port of Djibouti Robert Almeida photography
Engineering News

Damen Shipyards to Deliver a Modular Drydock to Djibouti

Djibouti’s busy port is one of the most important gateways to the African continent and is strategically located at the confluence of the Red Sea and the

February 21, 2012
Total Views: 556

APL Sardonyx - IMO 9077458
News

Diana Containerships Takes Delivery of the APL Sardonyx

Diana Containerships Inc. (Nasdaq:DCIX), a global shipping company specializing in owning and operating containerships, today announced that the Company took

February 21, 2012
Total Views: 59

Italy and India Stand Off Over M/V Enrica Lexie Incident [UDPATED]
Blog

Italy and India Stand Off Over M/V Enrica Lexie Incident [UDPATED]

Tensions are escalating between Italy and India over who exactly holds jurisdiction over last weeks incident involving the killing of two Indian fisherman by

February 21, 2012
Total Views: 132

neptune wind farm installation vessel jackup
Multimedia

Huisman Delivers 600MT Crane to Offshore Windfarm Jack-Up “Neptune” [VIDEO]

Huisman, the specialist in lifting, drilling and subsea solutions, successfully delivered the 600mt Wind Turbine Installation Crane onboard GeoSea’s DP2

February 21, 2012
Total Views: 294