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Sunday, September 2, 2012
shutterstock survey
Blog

gCaptain’s 2012 Readership Survey

Hey folks, it’s that time of the year again and we need a quick favor. Unlike a lot of other news companies in our industry, we don’t require

September 2, 2012
Total Views: 22

Friday, August 31, 2012
uss pennsylvania
Blog

How U.S. Naval Power Grew to Meet Mercantile Ambitions

– By Alasdair Roberts (Bloomberg) — In the early years of the American republic, Sackets Harbor in upstate New York was one of the

August 31, 2012
Total Views: 71

vale rio de janeiro vloc ore carrier
Interesting

Vale to Sell 10 Ore Carriers

Vale informed reporters today that it has signed a USD $600 million agreement to sell and further charter 10 large ore carriers with Polaris Shipping Co. Ltd.

August 31, 2012
Total Views: 144

almi horizon lloyd's register
Engineering News

Global Acceptance of LNG as a Marine Fuel will Depend on Pricing [REPORT]

A Lloyd’s Register study on LNG bunkering infrastructure also suggests some owners would be wise to consider fuel flexibility After 12 months of research

August 31, 2012
Total Views: 44

evergreen shipping container
Finance

Evergreen Marine Reports First Profit in a Year as Sales Rise

Evergreen Marine Corp., operator of Asia’s No. 2 container-shipping line, had its first quarterly profit in a year as sales increased on higher freight

August 31, 2012
Total Views: 63

Thursday, August 30, 2012
kumi naidoo greenpeace
News

Greenpeace Writes to Russian President, Expresses Concerns About Arctic Drilling [LETTER]

Dear Mr. President, I write these lines to you on board the Greenpeace vessel Arctic Sunrise, as we leave the Russian economic zone waters north of the Kola

August 30, 2012
Total Views: 48

maersk peregrino fpso
Engineering News

Crazy Amounts of Power Needed on Statoil’s Peregrino FPSO, ABB Delivers

Via ABB Communications Recently acquired by the Statoil group, FPSO Peregrino was converted from a very large crude carrier (VLCC) to a floating production,

August 30, 2012
Total Views: 336

shutterstock money vortex black hole decline finance
Finance

China COSCO CEO Cheerless After Posting First-Half Net Loss of $766.9 Million

HONG KONG–The head of shipping giant China Cosco Holdings Co. (601919.SH) on Thursday cast a downbeat light on the shipping industry, saying the current

August 30, 2012
Total Views: 76

maersk oil
News

Maersk Oil CEO: “We Have to Get More Out of Our Existing Assets”

Maersk Oil, the oil and gas-producing arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), is well on track to surpass its daily

August 30, 2012
Total Views: 56

amsa incident search and rescue australia
Incidents

Massive Search and Rescue Operation Underway Off Indonesia, 120 Feared Drowned

More than 120 asylum seekers may have drowned off Indonesia, according to the Australian government, which is reopening offshore detention centers in an

August 30, 2012
Total Views: 40

Wednesday, August 29, 2012
ABS Cleared in ‘Prestige’ Liability Suit
Uncategorized

ABS Cleared in ‘Prestige’ Liability Suit

The Second Circuit Court of Appeals in New York on Wednesday upheld the original ruling that the government of Spain cannot hold Houston-based American Bureau

August 29, 2012
Total Views: 242

Bridge Tech of The Future: Ulstein’s Bridge Vision
Blog

Bridge Tech of The Future: Ulstein’s Bridge Vision

Norway’s Ulstein Group unveiled a new technology today that could potentially revolutionize bridge resource management and the way crews interact with

August 29, 2012
Total Views: 205

PEMEX Strikes It BIG in Deep Water Gulf of Mexico [UPDATED]
Offshore

PEMEX Strikes It BIG in Deep Water Gulf of Mexico [UPDATED]

(Bloomberg) — Petroleos Mexicanos, the world’s fourth-largest oil producer, may have as many as 10 billion barrels of potential reserves in its El

August 29, 2012
Total Views: 49

m/v hansa berlin
News

Update on Hansa Berlin Grounding Off Cuba, Salvors Enroute

The shipowner/managers Leonhardt & Blumberg report today that they have invited salvage companies for individual offers for the safe and successful

August 29, 2012
Total Views: 35

frontline tankers
Finance

Supertanker Owner Frontline Misses Wall Street Targets

Frontline Ltd., the world’s largest operator of supertankers, reached an eight-month low in Oslo trading after forecasting deteriorating returns from

August 29, 2012
Total Views: 49

bourbon orca
Finance

Higher Day Rates Boost Earnings 27 Percent at Bourbon, Massive Fleet Expansion in Progress

Bourbon SA, owner of the biggest fleet of supply and crew ships for the oil industry, swung to a profit in the first half and said an increase in

August 29, 2012
Total Views: 132

purse seiner fire Lyttelton new zealand
Incidents

Purse Seiner Catches Fire in Lyttelton Dry Dock

At around 1740hrs tonight, fire broke out onboard the Purse Seiner Ocean Breeze while in dry-dock in Lyttelton, New Zealand. The trawler was under repair after

August 29, 2012
Total Views: 75

Tuesday, August 28, 2012
Isaac Reaches Hurricane Strength, 93% of U.S. Gulf Shut-In [UPDATED]
Offshore

Isaac Reaches Hurricane Strength, 93% of U.S. Gulf Shut-In [UPDATED]

UPDATE: The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team has reported that approximately 93.28 percent of the current daily

August 28, 2012
Total Views: 28

Shell Requests Drilling Extension in Alaska, Surprises No One
Offshore

Shell Requests Drilling Extension in Alaska, Surprises No One

LONDON–Royal Dutch Shell PLC (RDSB.LN) has asked U.S. authorities for more time to drill in Arctic waters off the coast of Alaska after delays set back

August 28, 2012
Total Views: 19

coal digger mining machine excavator
News

Chinese Coal Imports Set to Drop

China, the world’s biggest coal consumer, is poised to reduce imports of the commodity from Australia after the gap with domestic prices narrowed,

August 28, 2012
Total Views: 154