gCaptain – Maritime and Offshore News

(Bloomberg) — The biggest shutdown of nuclear power in history will spur record demand for liquefied natural gas and the most profit ever for Golar LNG

http://www.youtube.com/watch?v=6dt9yd-xqnI How NOT to put a yacht in water. Bet he wishes it was a submarine right about

Like commercial ship operators, the U.S. Navy faces astronomical costs and logistical challenges when it comes to keeping their vessels fueled and ready for

The highly anticipated Danish piracy drama, Kapringen (aka ‘A Hijacking’), premiered in Denmark over the weekend to rave reviews after a world

One of the biggest issues facing ship owners these days is what do to about the IMO emissions regulations, particularly those referring to sulfur oxides (SOx),

Greek shipowner Tsakos Energy Navigation Limited (TEN) (NYSE: TNP) announced today a three-year time charter extension for the Arctic, a 2007 built, 163,216

In what initially appears to have been caused by a navigational error, an Aframax tanker owned by Vancouver-based Teekay Tankers, has run aground off the coast

Singaporean shipowner Navig8, announced on Friday that it’s Supra 8 pool of supramax-bulkers has expanded to 15 units from an initial four this summer.

Pacific Basin Shipping (2343.HK) has boatloads of cash. So, raising another $123.8 million from convertible bonds should also raise some questions. With a cash

Russian Maritime Register of Shipping (RS) and French marine engineering firm Gas Transport & Technigaz (GTT), announced that they have entered into a

With future projections showing increased demand for deepwater rigs, Seadrill announced today that they have signed another US$600 million contract with

13 are still missing and a fishing vessel has sank following a collision at sea early Monday morning of Japan’s northeastern coast.  According to

(Bloomberg) — The 41-year-old refurbished transport vessel overseeing an international Middle East mine- hunting exercise can defend itself from Iranian

The Hawaiian fishermen were lucky they discovered this massive piece of Japanese tsunami debris when they did, because had it been night, the results could

In mid-2011, Teekay Corporation agreed to supply BG Norge Limited with a floating production, storage and offloading (FPSO) unit for the Knarr field located

The office of U.S. Senator Mary L. Landrieu (D-La.), acting as chair of the Homeland Security Appropriations Subcommittee, announced Friday that the USCG has

With an estimated 250 extra OSV’s needed to support Brazil’s offshore oil and gas industry by 2020, Brazilian private equity fund P2 has promised

Ulstein said Thursday that it has entered into a contract with China’s Sinopacific’s Zhejiang yard for the delivery of twelve design packages for a

LONDON–Iranian ships have started sailing under the Moldovan flag as others lose their Tuvalu flags, databases and campaigners say, as Iran to play an

Maersk Drilling announced today the signing of a two-year, $100 million contract with Addax Petroleum for the jack-up rig Maersk Endurer in Cameroon. Addax