gCaptain – Maritime and Offshore News

By Nathan Hodge Deficits, jobs and defense are shaping up as a single issue on Capitol Hill: In recent days, opponents of military spending cuts have issued

SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE) on Thursday reported a 30% fall in third-quarter net profit due mainly to a decline in

The mysterious 8-foot tall lego man is at it again, this time appearing on a Sarasota, Florida beach sporting a t-shirt saying “no real than you

By Richard Spilman Taking shape in the Hyundai shipyard in Ulsan, Korea is an engineering marvel. The Dockwise Vanguard, previously referred to as the

Norwegian conglomerate Kongsberg Gruppen ASA (KOG.OS) Wednesday reported a net profit of NOK381 million, up from NOK363 million, and said a strong influx of

One of the world’s most prolific shipbuilders, Daewoo Shipbuilding and Marine Engineering (DSME), located in Okpo, Korea, hit their sales target for this

By Somalia Report, After sources close to pirate groups claimed over the weekend that a ransom had been paid for the MV Iceberg, pirates on board the vessel

During a severe storm at 22:00 one October in 2008,  the U.S. flagged fishing vessel Katmai lost steering in Alaska’s Bering Sea. The vessel was

By Kevin J. Walsh The World Trade Organization estimated that the United States of America imported $1,936 trillion worth of goods in 2010 (WTO, 2010), more

By Alexis Flynn, Wall Street Journal LONDON—BP PLC shares rose in early trading Tuesday after the U.K. energy giant reported solid earnings and announced

By Alexander Rose, Wall Street Journal On April 28, 1789, mutineers commandeered HMS Bounty, en route from Tahiti to the West Indies with a cargo of breadfruit

After 11 days of survey and sampling using both the latest in technology and physical sampling, no oil remains were found on the sunken World War II tanker, SS

Mitsubishi Heavy Industries (MHI) has developed a new bulk carrier able to reduce CO2 emissions by 25% using bubbles. Further, the Mitsubishi Air Lubrication

HONG KONG–Over 70 commuters were injured–some seriously–after their passenger ferry crashed into a mooring pillar after departure from an

As many of you know, sailing is not the easiest way to make a living. There are good runs and bad runs with great and miserable crews. Nice and

Here is the list of jobs currently posted on the gCaptain job board.  If you are an employer and would like your open positions listed on this weekly post

Eight divers were decompressing aboard the Iranian flagged dive support vessel Koosha-1 when it sank three days ago in the Persian Gulf. The official in charge

SEOUL (Dow Jones)–South Korean shipping-to-shipbuilding conglomerate STX Group said Sunday it won’t seek large-scale merger and acquisition bids

By Aweys Cadde, Somalia Report Police from Somalia’s semi-autonomous state of Puntland have arrested 15 suspected Somali pirates as they planned to

By Tennille Tracy, Wall Street Journal BP PLC won approval from U.S. officials Friday to look for oil at new sites in the Gulf of Mexico, the firms’s