gCaptain – Maritime and Offshore News


Tuesday, May 8, 2012
New Superstructure Design Promises Energy Efficiency and Pirate Defense
Blog

New Superstructure Design Promises Energy Efficiency and Pirate Defense

Japanese shipbuilder Imabari Shipbuilding has introduced a unique solution that could help combat two of shippings biggest challenges; piracy and energy

Tuesday, May 8, 2012
Total Views: 457

Captain of German Ferry Facing Charges After Collision

Captain of German Ferry Facing Charges After Collision

The captain of German ferry Nils Holgersson could be facing serious charges after local coast guard officials have ruled out that any technical malfunction

May 8, 2012
Total Views: 143

Tanker Market Update from Teekay: Q2 Rates Likely Lower as Refineries Go into Maintenance Period [VIDEO]
Multimedia

Tanker Market Update from Teekay: Q2 Rates Likely Lower as Refineries Go into Maintenance Period [VIDEO]

High OPEC oil production, strong demand from China, and increased shipping from West Africa has added to tanker demand, however as far east refineries go into

May 8, 2012
Total Views: 38

Jinhui Shipping & Transportation Ltd. (JIN.OS)
Finance

Jinhui Shipping Winces Under Low Freight Rates and Demand, Shares Down Over 10%

Norway-listed Jinhui Shipping & Transportation Ltd. (JIN.OS), a ship owner, charter and investment company, Tuesday warned that it expects to record a

May 8, 2012
Total Views: 53

COSCO 5000 pctc
Finance

COSCO Expects Business in 2012 to be “Difficult and Challenging”, Reports Lower Profits

SINGAPORE (Dow Jones)–Cosco Corp. (Singapore) Ltd. (F83.SG) said Tuesday its first-quarter net profit fell 25% from a year earlier, mainly due to lower

May 8, 2012
Total Views: 29

Sembcorp Adds Another $208 Million to the Books with Latest Jackup Rig Order
Engineering News

Sembcorp Adds Another $208 Million to the Books with Latest Jackup Rig Order

SINGAPORE (Dow Jones)–Singapore-listed Sembcorp Marine Ltd. (S51.SG) said Tuesday its unit has secured a rig building contract worth US$208 million from

May 8, 2012
Total Views: 45

Most Read

News

Coast Guard Proposes Dropping Six Mariner Training Requirements

The U.S. Coast Guard is proposing to eliminate six training and competency requirements for certain Merchant Mariner Credential endorsements, saying the rules

News

Iran’s Offshore Oil Stockpile Nears Exhaustion as Blockade Chokes New Supply

Iran’s offshore crude stockpile in Southeast Asia is being rapidly depleted as the U.S. maritime blockade prevents fresh barrels from leaving the Persian

Shipping

Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz

By Salma El Wardany Oct 4, 2026 (Bloomberg) –Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond

Shipping

Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow

The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the

News

Hackers Breached Propulsion System of US-Bound Oil Tanker

FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas


Tuesday, May 8, 2012
Jag Pradip MR Tanker GE Shipping
News

India’s Great Eastern Shipping Sells MR Tanker

The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Pradip”, a Medium Range (MR) product carrier. The 1996 built

May 8, 2012
Total Views: 84

Ice transporter tanker
News

1 Million Barrels of Forties Crude Destined for Chile, North Sea Market Tightens

LONDON (Dow Jones)–BP PLC (BP) is looking to ship almost 1 million barrels of Forties crude to Chile in May, further tightening the oversupplied North

May 8, 2012
Total Views: 37

Wärtsilä 6L20DF
Engineering News

LNG-Powered Inland Vessels – Wärtsilä Wins Contract to Supply Pair of Medium-Speed 20DF Engines

Wärtsilä announced today that they have been contracted by Koedood Diesel Service BV to supply a complete power system, including two of its 6-cylinder

May 8, 2012
Total Views: 84

Monday, May 7, 2012
Ship Breaking Operations in Gadani, Pakistan [VIDEO]
Blog

Ship Breaking Operations in Gadani, Pakistan [VIDEO]

Here’s a video of the ship breaking operations at the Gadani Ship Breaking Yard in Pakistan.  At one point, the yard was the largest ship-breaking

May 7, 2012
Total Views: 298

Helix Producer production deck abstract
Blog

The First Ship-Shaped Production Unit in the Gulf of Mexico – Helix ESG’s “Producer I” [IMAGES]

Following a few busy days at the Offshore Technology Conference in Houston last week, Helix Energy Solutions group invited me on a tour of the Helix Producer

May 7, 2012
Total Views: 546

Most Read

Coast Guard Proposes Dropping Six Mariner Training Requirements
News

Coast Guard Proposes Dropping Six Mariner Training Requirements

The U.S. Coast Guard is proposing to eliminate six training and competency requirements for certain Merchant Mariner Credential endorsements, saying the rules

Iran’s Offshore Oil Stockpile Nears Exhaustion as Blockade Chokes New Supply
News

Iran’s Offshore Oil Stockpile Nears Exhaustion as Blockade Chokes New Supply

Iran’s offshore crude stockpile in Southeast Asia is being rapidly depleted as the U.S. maritime blockade prevents fresh barrels from leaving the Persian

Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz
Shipping

Iraq Shifts Oil Strategy By Arranging Tanker To Move Past Hormuz

By Salma El Wardany Oct 4, 2026 (Bloomberg) –Iraq’s state tanker company arranged a very large crude carrier to transport 2 million barrels beyond

Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow
Shipping

Shadow Fleet Traffic on Northern Sea Route Surges as Arctic Safety Concerns Grow

The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the

Hackers Breached Propulsion System of US-Bound Oil Tanker
News

Hackers Breached Propulsion System of US-Bound Oil Tanker

FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas


Monday, May 7, 2012
ship freight rates
News

A Crazy Roller Coaster Ride…Importers and Exporters May See Doubled Freight Rates by 2015

-By Can Fidan, MTS Logistics As we all know, the current situation in the shipping world is that there is a large lack of demand against the current overall

May 7, 2012
Total Views: 104

Bullish on Future of US LNG Exports, Asian Firms Sign $498 Million Investment Deal
News

Bullish on Future of US LNG Exports, Asian Firms Sign $498 Million Investment Deal

HOUSTON – Cheniere Energy (NYSE Amex: LNG) announced today that Asian investment company Temasek,and private equity firm RRJ Capital, have agreed to

May 7, 2012
Total Views: 52

pacific santa ana dual gradient drilling
News

Pacific Santa Ana Comes to Town, Plans to Drill the Undrillable

SAN RAMON – Chevron Corporation (NYSE: CVX) announced that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has

May 7, 2012
Total Views: 159

Cardiac Valve Replaced, Maersk CEO is Full Up and Running Again, So to Speak
News

Cardiac Valve Replaced, Maersk CEO is Full Up and Running Again, So to Speak

COPENHAGEN (Dow Jones)–Nils Smedegaard Andersen, the chief executive of Danish industrial conglomerate A.P. Moller-Maersk A/S(MAERSK-B.KO), returned to

May 7, 2012
Total Views: 56

Sunday, May 6, 2012
pyrenees fpso western australia
News

Investing in LNG: Australia Awards a Dozen Offshore Exploration Permits

SYDNEY (Dow Jones)–Australia’s government on Sunday said it has awarded 12 new petroleum exploration permits for off the coast of Western Australia

May 6, 2012
Total Views: 59

Corporate News

10 hours ago

Asia’s maritime community to take centre stage at upcoming WISTA 2026

The strength, dynamism and diversity of Asia’s buoyant maritime community will be evident at the 2026 WISTA AGM and Conference gathering in Kuala Lumpur later this month, as

10 hours ago

ABS Issues AIP and Completes Basic Design Review for SHI’s Entire FLNG Topsides Facilities

ABS has issued approval in principle (AIP) and completed a basic design review (BDR) for a natural gas liquefaction system developed by Samsung Heavy Industries (SHI) for the

October 5, 2026

From Residue to Resource – the Rise and Risks of Marine Biofuels

By Mark Smith, Director – Decarbonisation, NorthStandard While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their

September 29, 2026

The Mare McAllister: McAllister’s Latest High-tech Low-Emission Tug Arrives

McAllister Towing is proud to announce our newest arrival! Welcome tug MARY McALLISTER. As ourcustomer’s vessels grow larger and services for these behemoths become

September 28, 2026

The Great Lakes Towing Company Orders Two New Damen Tugs from Great Lakes Shipyard

Hulls 11 and 12 will continue the company’s fleet renewal and expansion program and its long-term investment in  Great Lakes shipping The Great Lakes Towing Company announced

September 23, 2026

Transforming the River Port, LLC Shipyard – Expanding What’s Possible

Bardex to deliver new 25,000Te OmniLift® Shiplift for River Port, LLC. The  system will be operated by East Coast Repair & Fabrication, LLC, expanding the Newport  News

September 14, 2026

New Pacific Launches First Shipbuilding Program Featuring Two  Tugboats for American Marine Corporation

Glosten-designed 122-foot vessels mark the first new builds at New Pacific’s historic Vancouver  waterfront facility. New Pacific Industrial (NP) has launched its first

September 14, 2026

ABS Joins Korean Initiative to Advance Standards for Next-Generation Ships and Shipyards

ABS has signed a memorandum of understanding (MOU) with three Korean maritime organizations to advance the development of international standards for the next generation of smart

Corporate News

10 hours ago

Asia’s maritime community to take centre stage at upcoming WISTA 2026

The strength, dynamism and diversity of Asia’s buoyant maritime community will be evident at the 2026 WISTA AGM and Conference gathering in Kuala Lumpur later this month, as

10 hours ago

ABS Issues AIP and Completes Basic Design Review for SHI’s Entire FLNG Topsides Facilities

ABS has issued approval in principle (AIP) and completed a basic design review (BDR) for a natural gas liquefaction system developed by Samsung Heavy Industries (SHI) for the

October 5, 2026

From Residue to Resource – the Rise and Risks of Marine Biofuels

By Mark Smith, Director – Decarbonisation, NorthStandard While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their

September 29, 2026

The Mare McAllister: McAllister’s Latest High-tech Low-Emission Tug Arrives

McAllister Towing is proud to announce our newest arrival! Welcome tug MARY McALLISTER. As ourcustomer’s vessels grow larger and services for these behemoths become

September 28, 2026

The Great Lakes Towing Company Orders Two New Damen Tugs from Great Lakes Shipyard

Hulls 11 and 12 will continue the company’s fleet renewal and expansion program and its long-term investment in  Great Lakes shipping The Great Lakes Towing Company announced

September 23, 2026

Transforming the River Port, LLC Shipyard – Expanding What’s Possible

Bardex to deliver new 25,000Te OmniLift® Shiplift for River Port, LLC. The  system will be operated by East Coast Repair & Fabrication, LLC, expanding the Newport  News

September 14, 2026

New Pacific Launches First Shipbuilding Program Featuring Two  Tugboats for American Marine Corporation

Glosten-designed 122-foot vessels mark the first new builds at New Pacific’s historic Vancouver  waterfront facility. New Pacific Industrial (NP) has launched its first

September 14, 2026

ABS Joins Korean Initiative to Advance Standards for Next-Generation Ships and Shipyards

ABS has signed a memorandum of understanding (MOU) with three Korean maritime organizations to advance the development of international standards for the next generation of smart


Sunday, May 6, 2012
swire pacific psv pacific hawk
News

Shipbuilders Are Drooling…Swire Pacific Announces Big Budget for Offshore Vessels

HONG KONG (Dow Jones)–Swire Pacific Ltd. (SWRAY, 0019.HK) said it will spend HK$11 billion ($1.4 billion) over the next two years on building energy

May 6, 2012
Total Views: 207

statoil rosneft russian arctic
News

Statoil and Rosneft Sign Russian Arctic Agreement Worth as Much as Facebook IPO

MOSCOW -(Dow Jones)- Norway’s Statoil ASA (STO, STL.OS) signed Saturday a potential $100 billion cooperation agreement with Russian state oil company

May 6, 2012
Total Views: 78

al deebel lng terminal buoy
Incidents

Tugboat Explosion Kills 7 Off Qatar

Nearly a week ago, 7 people were killed off Qatar when an offshore LNG buoy terminal exploded unexpectedly.  Tugboat 53, which is part of the Svitzer/Nakilat

May 6, 2012
Total Views: 279

Saturday, May 5, 2012
Saudi Arabia to Send More Crude Oil Supertankers to the US
News

Saudi Arabia to Send More Crude Oil Supertankers to the US

LONDON (Dow Jones)–Saudi Arabia’s state shipping company, Vela, will transport large volumes of oil to the U.S. again this month, repeating a trend

May 5, 2012
Total Views: 52

Friday, May 4, 2012
bw danube
News

BW Rhine Released from Pirate Control, Cargo Stolen

After a four days under the control of west African pirates, BW Shipping reports that the product tanker, BW Rhine, has been released off Nigeria by its

May 4, 2012
Total Views: 293

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.


Friday, May 4, 2012
Survey Says…Growing Confidence in LNG as a Marine Fuel
Engineering News

Survey Says…Growing Confidence in LNG as a Marine Fuel

By Lars Petter Blikom, DNV As part of a project to define the future design of container feeder ships for operation in the Baltic Sea, some of my colleagues

May 4, 2012
Total Views: 52

Could Oil Supply and Demand be Returning?  WTI Under $100 BBL!
News

Could Oil Supply and Demand be Returning? WTI Under $100 BBL!

It was a wild ride in the oil markets this week as crude prices fell off of a cliff today and WTI is now lower than $100 BBL.  While

May 4, 2012
Total Views: 79

Sauter Carbon Proposes “Green” Alternative to Sentinel Class Fast Response Cutter
Defense

Sauter Carbon Proposes “Green” Alternative to Sentinel Class Fast Response Cutter

Sauter Carbon Offset Design (SCOD) says they have come up with an alternative design for the USCG’s new Sentinel Class Fast Response Cutters (FRC) that

May 4, 2012
Total Views: 107

seadrill west phoenix semisubmersible
News

West Phoenix on Station to Perform Elgin Well Intervention

PARIS (Dow Jones)–French oil major Total SA (TOT, FP.FR) Friday reiterated it was ready to start “in the coming days” an operation to

May 4, 2012
Total Views: 96

Seadrill Orders Another Harsh Environment Semi, Wins $235M Contract from Chevron
Engineering News

Seadrill Orders Another Harsh Environment Semi, Wins $235M Contract from Chevron

To benefit from the current strong demand for high specification drilling units Seadrill announced today that it has entered into a turnkey construction

May 4, 2012
Total Views: 92