HONG KONG (Dow Jones)–Orient Overseas (International) Ltd. (0316.HK) said Monday it expects trading conditions in 2012 to remain tough as high fuel costs
RIO DE JANEIRO (Dow Jones)–Brazilian oil field services company OSX Brasil S/A (OSXB3.BR), part of Brazilian businessman Eike Batista’s industrial
ABB released this video today that gives a new look at their Azipod ship propulsion systems that they are successfully integrating on board a number of
(Dow Jones) Ship Finance International Ltd. (SFL) said its chief financial officer plans to step down in the second quarter to join another shipping company.
Prosafe has received a Notice of Award for a minimum nine-month contract by Shell Philippines Exploration B.V. (‘SPEX’) using the Safe Astoria for
![Caribbean Collision [INCIDENT PHOTOS]](https://gcaptain.com/wp-content/uploads/2012/03/Screen-shot-2012-03-11-at-2.41.33-PM.jpg)
A general cargo ship was severely damaged early Saturday after being involved in a major collision with a reefer ship in the Caribbean Sea. The collision
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The river Rhine in Germany has risen sharply after recent rain, the country’s inland navigation agency said on Monday, with vessels able to load more freight
By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern
Finland’s multipurpose icebreaker Nordica has departed for Canada, where it will provide icebreaking and ice-management services to the Canadian Coast Guard
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
By Ruth Liao, Lucia Kassai and Nicholas Lua (Bloomberg) — A shipper needing to transit the Panama Canal bid a record $5.3 million to secure its spot,
Hyundai Mipo has reportedly won a $198 million newbuild order from an undisclosed European client for 4 platform supply vessels. The report from the Thai
RIO DE JANEIRO -(Dow Jones)- Shareholders of Brazilian drilling-rig holding company Sete Brasil approved a capital increase as the company prepares to line up
GLASGOW – DEFENDER, the fifth Type 45 destroyer built by BAE Systems, has today set sail from the company’s Scotstoun shipyard to embark on her
Shipboard fires present crews with unique challenges that are often limited to the capabilities of the human body. With that in mind, scientists at the
The river Rhine in Germany has risen sharply after recent rain, the country’s inland navigation agency said on Monday, with vessels able to load more freight
By Weilun Soon Aug 22, 2026 (Bloomberg) –Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern
Finland’s multipurpose icebreaker Nordica has departed for Canada, where it will provide icebreaking and ice-management services to the Canadian Coast Guard
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
By Ruth Liao, Lucia Kassai and Nicholas Lua (Bloomberg) — A shipper needing to transit the Panama Canal bid a record $5.3 million to secure its spot,
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![Captain Arrested after Cargo Ship Collides with Ferry [UPDATED]](https://gcaptain.com/wp-content/uploads/2012/03/PE7479_21_664713t1.jpg)
UPDATE: The captain of M/V Union Moon, plead guilty to excess alcohol by the master of a ship Friday morning. The captain, Miroslaw Pozniak, 55, from
We are downgrading Danaos to Neutral from Outperform, and Seaspan to Underperform from Neutral. – Credit Suisse Despite both Danaos’
Tokyo-based shipping firm Sanko Steamship Co. is making final arrangements to seek the rescheduling of loan repayments through a private-sector intermediary to
NEW YORK (Dow Jones) — Carnival Corp. (CCL) reported a better fiscal first quarter than expected despite the shipwreck of its Costa Concordia, and
HOUSTON (Dow Jones) — Royal Dutch Shell (RDSA) remains confident it will be able to start exploring for oil in the Arctic Ocean off the coast of Alaska
An in-depth evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ innovative T-BOSS® shaftline
Inmarsat Maritime, a Viasat company, and South Korean telecommunications services provider SK telink have signed an agreement to advance maritime digitalisation across the
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
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
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
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
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
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
An in-depth evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ innovative T-BOSS® shaftline
Inmarsat Maritime, a Viasat company, and South Korean telecommunications services provider SK telink have signed an agreement to advance maritime digitalisation across the
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
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
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
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
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
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
TORM has entered into an agreement to sell the MR product tanker TORM Lana. The parties have agreed not to disclose the sales price. TORM Lana will be
The Korea Times and Yonhap news reports today that South Korea’s Hyundai Heavy Industries (HHI) has cumulatively built over 100 million tons of ships
![Cruise Ship Passenger Sentenced in “Drunk Anchor Drop” Incident [VIDEO]](https://gcaptain.com/wp-content/uploads/2012/03/Ryndam-cruise-ship-felon1.png)
A California man was sentenced in Florida this week to two months in prison and house arrest after he drunkenly deployed the anchor of a Holland America cruise
This is one of the many issues facing the engineers at Shell who are creating the world’s largest man-made floating object, the Prelude FLNG. This
Exxon Mobil Corp. (XOM) plans to spend roughly $185 billion over the next five years to develop new energy supplies in anticipation of growing demand. In a
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MUMBAI (Dow Jones)–The Shipping Corp. of India Ltd. (523598.BY) plans to raise up to $500 million in dollar loans from banks overseas in the financial
LONDON (Dow Jones)–More North Sea Forties crude is set to move to Asia this month, pushing up prices as part of an arbitrage that until December was
WASHINGTON – U.S. Senator Herb Kohl (D-WI) questioned Secretary of the Navy Ray Mabus about the future of the Littoral Combat Ship (LCS) program during a
Have you ever wondered where the cables go that connect your computer to web sites overseas? Well if you live in the USA and are visiting a website in
COPENHAGEN (Dow Jones)–Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil exploration services unit Maersk
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