gCaptain – Maritime and Offshore News

Recently, two Damen Stan Tugs 2608, the Ibrahim 1 and the Jacques, were shipped from the anchorage of Halong Bay, Haiphong (Vietnam) to Casablanca by the

By CDR Glynn Smith, Coast Guard Compass Thursday, Adm. Bob Papp, 24th Commandant of the Coast Guard, delivered his second State of the Coast Guard address at

by Bart Stockdill, M.A.Sc., P.Eng., Mechanical Engineer Water will boil at room temperature if the pressure is low enough. In fact, the pressure has to be

NEW DELHI -(Dow Jones)- India has asked Saudi Arabia, its largest crude oil supplier, to augment daily shipments by up to 100,000 barrels each year over the

http://www.youtube.com/watch?v=2pjINnTUA-0 CEO Maersk Line, North Asia has a chat with The Economist about sustainability and the environment at the World

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

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

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

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

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

(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

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

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

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

(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

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

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

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

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

– 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

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

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

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

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

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