gCaptain – Maritime and Offshore News

Dutch oil services company SBM Offshore NV (SBMO.AE) Friday confirmed earlier reports that said it will fix the faulty legs of its Yme oil and gas platform,

(Bloomberg) — Gasoline shipments to the U.S. from Europe are poised to fall after inventories of the auto fuel swelled because of distribution

(Bloomberg) — Crude tankers shipping almost 20 percent of the world’s oil curbed seven weeks of losses as declining fuel costs helped owners

OSLO–Statoil ASA (STO, STL.OS) evacuated 336 people by helicopter from a housing platform in the Norwegian Sea in rough weather with gale force winds,

Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, received a letter of intent today for the provision of the accommodation semi-submersible

Singapore-based shipowner Britoil Offshore Services Pte Ltd. entered into a contract today with the Ulstein Group for the design and equipment packages for two

(Bloomberg) — Clarkson Plc, the world’s largest shipbroker, plunged the most since 2009 after saying this year’s earnings will be lower than

– By Donna McKinney, US Navy Research Laboratory With its strong dependence on gas-turbine engines for propulsion, the U.S. Navy is always looking for

(Bloomberg) — The former head of Petroleo Brasileiro SA’s refining division is negotiating with a group of investors to build a shipyard in

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay

A Celebrity Cruises cruise ship has been delayed in Southhampton after 350 passengers came down with suspected cases of the industry’s most feared

Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets.  With

By Jeonghee Han, Greenpeace Last summer Korea shocked the international community by announcing it would start ‘scientific’ whaling. Surprised by

Yemen plans to start negotiations with foreigner buyers of its liquefied natural gas to raise LNG prices in an effort to increase the impoverished

Workers on board the Floatel Superior operating on the Norwegian Continental Shelf had a rude awakening on Wednesday when they were forced to muster at their

After Overseas Shipholding Group, Inc. (NYSE:OSG) announced last month they were considering filing for Chapter 11 bankruptcy protection, their stock took a

The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, announced Tuesday that it has signed a

At the end of June, the National Shipping Company of Saudi Arabia (Bahri) announced plans to merge with Saudi ARAMCO’s shipping arm, Vela International,