gCaptain – Maritime and Offshore News

By TENNILLE TRACY WASHINGTON–Dow Chemical Co. (DOW) severed ties Friday with one of Washington’s most powerful groups representing the

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

Jan. 22 (Bloomberg) — Rates to ship liquefied natural gas are dropping for the first time in four years amid a diminishing scarcity of the carriers

The Port of Kimitsu, Japan, received a Valemax super iron ore carrier for the first time on Saturday, 19 January.  The Vale Brasil, which has a capacity to

By Kjetil Malkenes Hovland and John D. Stoll STAVANGER, Norway–Statoil ASA (STO, STL.OS) Chief Executive Helge Lund said Monday in a town hall meeting

Two U.S. Coast Guard aircrews on Friday rescued 12 crewmembers from a capsized research vessel off the coast of Pensacola, Florida in the Gulf of Mexico. The

Jan. 21 (Bloomberg) — The Panama Canal, handling 5 percent of world trade, may change how it calculates tolls for ships carrying energy cargoes to boost

New proposals at the world’s third largest port may require all shippers that pass through the area to switch to low-sulphur fuels. In his latest policy

By Cris Larano MANILA–The Philippines will seek remuneration from the U.S. for the damages sustained by the Tubbataha Reef after a U.S. Navy minesweeper

Jan. 21 (Bloomberg) — Demand to ship dry-bulk commodities will exceed fleet growth in the year’s second half as the freight market begins to

YOKOSUKA, Japan – The U.S. 7th Fleet Commander on Saturday expressed regret over the grounding of USS Guardian (MCM 5) on Tubbataha Reef in the Sulu Sea.

Jan. 21 (Bloomberg) — Trafigura Beheer BV agreed to buy three medium-range tankers to carry refined oil products such as gasoline, its first purchase of

Canada Steamship Lines (CSL) has confirmed it has installed and integrated Ecospec’s novel CSNOx system onboard one of its Great Lake carriers.

Jan. 21 (Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, dropped the most in almost a month in Oslo after it lost out on a $1.1 billion

By Rodney Jefferson Scotland’s shipyards would lose contracts and be “doomed” if the country votes to leave the U.K. in a referendum next

SHANGHAI–China Shipping Container Lines Co. (2866.HK, 601866.SH) said it expects to swing to a net profit in 2012 thanks to recovering demand and freight

PEARL HARBOR, Hawaii – A U.S. Navy investigation to assess the circumstances surrounding the USS Guardian (MCM 5) grounding that occurred in Philippine

Jan 18 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Friday for a

Orient Overseas Container Lines announced today the christening of two 13,208-TEU container ships, the M/V OOCL Brussels and the M/V NYK Helios, at a ceremony

Jan. 18 (Bloomberg) — The total number of new vessels joining the global fleet this year is expected to be as much as 220, about the same as 2012