gCaptain – Maritime and Offshore News

Executives of publicly traded shipping and offshore drilling companies have a legal duty to act in the interest of the shareholders of their respective

RIO DE JANEIRO (Dow Jones) — Brazil’s navy on Thursday called off an operation to unload fuel oil from the damaged Vale Beijing large iron-ore

By Mark Weiss, gCaptain contributor The main concern at Vale S.A., that which has driven its order of dry bulk vessels with a 400,000 ton capacity, the

2011 has been a crazy year in the maritime and offshore industry and I think this years top ten list is proof to that.  Since the list is by

WASHINGTON — As global leaders weigh Iran’s threat to block oil deliveries through the Strait of Hormuz, U.S. energy officials said Friday that

I admit that car racing, whether NASCAR or Formula 1 is a very technical and demanding sport, I mostly watched only to see the wrecks that occurred during a

gCaptain’s Top 10 Photos and Video of Maritime Disaster and Destruction in 2011   1. Sailboat Dismasted by Tanker During the Extreme Racing series

RIO DE JANEIRO (Dow Jones Newswires), Brazilian state-controlled oil and gas producer Petroleo Brasileiro SA (PBR, PETR4.BR) said a worker died and two were

MOSCOW (Dow Jones)–Some crew members were still aboard a Russian nuclear submarine ablaze early Friday after its hull caught fire

LONDON (Dow Jones)–The U.K. has awarded 46 new licenses to explore for oil and gas in the North Sea, the Department of Energy and Climate Change

(Australian Navy) HMAS Parramatta has provided essential life saving assistance to an Iranian flagged vessel in distress on Christmas Eve. Parramatta is on

An Isle Of Mann-registered ship was detained by authorities in Finland last week for smuggling missiles and explosives out of the country. The vessel was

In 2011, Allseas announced that they had awarded Daewoo Shipbuilding a 1.3Bn Euro contract for the construction of a massive catamaran designed for

Summary of Global Maritime Crime and Piracy, week of 22 December 2011 (Source: ONI) ECUADOR: Container ship boarded by five robbers with long knives on 27

In a highly non-traditional yet prudent move by Volvo Ocean Race organizers, 5 of the 6 racing yachts in the Volvo Ocean Race were picked up from their Indian

TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that it has ordered a new cape-size bulker that will adopt element technologies of the next-generation

2,400 Barrels Spilled In November 2011, a deepwater well in the Chevron-operated Frade field offshore Brazil leaked 2,400 barrels of of oil from the seabed.

We don’t know much about this video other than the fact that it’s Russian and it was uploaded 6 days ago.  From what we can see, the crew was

By JD, Somalia Report MT Enrico Levoli owned by Italian shipping company Marnavi was taken by pirates this morning according to the Italian owners

Vale S.A., the second largest mining company in the world, is also owner of the world’s largest sea-going ore carriers called VLOC’s, or Very Large