gCaptain – Maritime and Offshore News

By Sanjeev Rana, Deutsche Bank  Global Shipbuilding Downturn Continues Global shipbuilding industry has been going through a downturn for the last four

Hyundai Heavy Industries (HHI) announced today that it has developed an independent liquefied natural gas storage tank model named the Lobe-Bundle Tank. This

HONG KONG–Shipping giant China Cosco Holdings Ltd. (1919.HK) said in a statement Tuesday that it plans to issue US$1 billion worth of 10-year U.S.

An 80-foot yacht named “Bliss” sank Saturday morning after catching on fire a mile off the coast of Miami Beach, Florida. The USCG says that crews

As part of Cyber Monday we are offering 50% OFF 30 and 60 day job postings on gCaptain.com’s Maritime and Offshore Industry Job Board. Come experience

BEIJING–China has passed a landmark in the development of its first fully functional aircraft carrier with the first successful landing of a jet fighter

LONDON–U.K. defense company BAE Systems PLC (BA.LN) will likely close one of its shipyards, with a decision expected before Christmas, the Sunday

SHANGHAI–A Chinese shipbuilding magnate stepped down as chairman of two companies, weeks after an investment firm he controls paid US$14.2 million to

Over 150 representatives of the global maritime industry attended the Royal Institution of Naval Architect’s annual Presidents Invitation Lecture in

OSLO–Norwegian oil services company Seadrill Ltd. (SDRL.OS) said Monday its management unit Seadrill Management AS will move to London from Stavanger,

(Bloomberg) U.S. President Barack Obama has a rising opportunity to make good on two of his central campaign promises: harnessing domestic energy and

The “Ob River” is an ice classed LNG carrier with four membrane-type tanks, with holding capacity of 147.5 thousand cubic meters or 66.4 thousand

Rolls-Royce and Italian ferry operator, Lauro Shipping, have teamed up to design an innovative new gas-powered class of ferry based on the award-winning

*UPDATE Boskalis has acquired in excess of 8.5 million shares in Dockwise in the course of trading today. This shareholding represents slightly less than 22%

The Atlantic Council recently launched their Counter-Piracy Task Force report, an action oriented effort to analyze and make recommendations on the complex

TOKYO (Nikkei)–Mitsubishi Heavy Industries Ltd. (7011.TO) will unveil by 2015 a natural-gas-powered vessel engine that emits 30% less carbon dioxide than

Founded in 1870 in Hoboken, New Jersey, the Stevens Institute of Technology has earned a worldwide reputation for academic excellence in the field of naval

Have you started your holiday shopping? While most of the United States is scouting the internet for holiday shopping deals many in New York City are still

This unbelievable video shows the VESTAS Sailrocket 2 smashing the sailboat speed record with an ‘outright speed’ record of 59.38 knots.  

0618 GMT 22 November [Dow Jones] STOCK CALL: Keppel’s (BN4.SG) stock faces “a tug of war between good contract wins and margin concerns,” UOB