Cosco Shipping Plans To Spend Around US$1.5 Bln To Buy Up To 40 Ships [Report]
HONG KONG (Dow Jones)–Cosco Shipping Co. (600428.SH), the heavy-lift and project cargo unit of state-owned China Ocean Shipping (Group) Co., plans to
HONG KONG (Dow Jones)–Cosco Shipping Co. (600428.SH), the heavy-lift and project cargo unit of state-owned China Ocean Shipping (Group) Co., plans to
Last week we brought you news of the tug Aries that sank in the Bering Sea. Master of the Aries and good friend of gCaptain, Captain Doug Pine, put
SINGAPORE — Japanese explorers have found large deposits of rare-earth minerals on the floor of the Pacific Ocean, British journal Nature Geoscience
The following article originally appeared in DNV’s Tanker update No. 1 2011. by Magne A. Røe, DNV The Hyundai group of shipyards has the combined
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy
Norwegian oil-rig operator Songa Offshore SE said Tuesday it has been awarded a $2.5 billion contract to charter two new semisubmersible drilling rigs to
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Hamilton, Bermuda, June 29, 2011 – Teekay Corporation (NYSE: TK) (Teekay) today announced it has signed a memorandum of understanding (MOU) with A2SEA
Alstom, a global leader in offshore wind power technology released this video the other day showing the engineering and construction of their new 6MW offshore
Support ship Fort Victoria helped thwart an attack as pirates fired rockets at a merchant ship off Oman. 04 July 2011 Ten pirates in a couple of skiffs made
Mississippi Senator Thad Cochran Offers Resolution, Expresses Appreciation to Coast Guard Leader WASHINGTON, D.C. – The U.S. Senate today approved a
Keppel Offshore & Marine’s new orders for the year-to-date reaches S$7.4 billion Keppel FELS Limited’s (“Keppel FELS”) repeat
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WASHINGTON – To complement its existing safety inspection regime for foreign-flagged vessels operating in U.S. waters, the U.S. Coast Guard Friday
Maersk Line, Limited (MLL) has been awarded a long-term time charter of an ice-strengthened tanker to support the U.S. Navy’s Military Sealift Command
Rescue 21 coverage map courtesy USCG General Dynamics C4 Systems announces that the U.S. Coast Guard completed the 25,000th Rescue 21 search and rescue mission
FRANKFURT (Dow Jones)–German industrial conglomerate ThyssenKrupp AG (TKA.XE) Friday said it had cancelled a large part of the sale of its shipbuilding
MELBOURNE (Dow Jones)–The U.S. Navy has ordered two more Joint High Speed Vessels from Australian shipbuilder Austal Ltd. (ASB.AU) as part of a
Summary of Worldwide Crime and Piracy, week of 22 June 2011 (Source: ONI) GULF OF GUINEA: A chemical tanker was hijacked 26 June at 0245 UTC off of Cotonou,
Photo courtesy Robert Allan Ltd. IRSHAD, a joint venture between ADNOC and Lamnalco, have taken delivery of their latest high-performance terminal
DOHA — Qatar, the Persian Gulf emirate that is the world’s largest exporter of liquefied natural gas, is poised for a sharp rise in the value and
RIO DE JANEIRO (Dow Jones)–Cargo handling capacity at Brazil’s ports is set to rise to 1 billion metric tons a year in late 2012 or early 2013,
SINGAPORE (Dow Jones)–Singapore-listed Ezra Holdings Ltd. (5DN.SG) is due to ship a large offshore floating oil production unit to Vietnam this week,
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HMAS Manoora via Wikimedia Commons Have you ever dreamed of owning a Kanimbla class Landing Platform Amphibious ship? Well today, Australian Minister of
MPI Resolution courtesy MPI Offshore This week’s interesting ships are MPI Offshore’s MPI Discovery and MPI Adventure, two state-of-the-art
Ok folks, gCaptain was once again in another crossing situation with a tanker this past weekend. We seem to be pretty good at finding ourselves in these
Image by Lou Vest SINGAPORE (Dow Jones)–The Asia crude tanker market is slowing, with increased vessel availability from mid-July, but healthy gasoline
COPENHAGEN (Dow Jones)–Danish Maersk Line, the world’s largest container shipping company, has no intention of exercising an option that would
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