Blog Profile / gCaptain
| URL : | http://www.gcaptain.com/maritime/blog/ | |
|---|---|---|
| Filed Under: | Vehicles / Watercraft | |
| Posts on Regator: | 6348 | |
| Posts / Week: | 42.3 | |
| Archived Since: | July 9, 2010 | |
Blog Post Archive
Lacklustre Demand Weighs On Spot Prices for West African Crude
GENEVA, May 24 (Reuters) – Angolan and Nigerian differentials were under pressure on Friday as some Asian refiners snubbed west African grades in favour of light, sweet crude from other [...]
Tsakos Expresses Optimism in Crude and Product Tanker Markets, Income up 970%
“We do believe that both product and crude markets have turned the corner,” noted Nikolas P. Tsakos, President & Chief Executive Officer of Tsakos Energy Navigation commented in his company’s [...]
Full Costa Concordia Investigation Report Released
We’ll dig through it and get back to you with our feedback shortly, but in the meantime, here it is folks… and it’s pretty lengthy.
Sevan Marine Pursues Floating Accommodation Market
Sevan Marine ASA signed an agreement today to sell the semi-completed Sevan hulls number 4 and 5 to Singapore-based Logitel Offshore, a newly formed company established for the purpose of [...]
Golden Ocean Group Sits in an Enviable Position Within Dry Bulk Sector
(Bloomberg) — Golden Ocean Group Ltd., the dry bulk shipping group controlled by billionaire John Fredriksen, rose in Oslo as a strong balance sheet and low vessel values allow it [...]
NOAA: Conditions Ripe for Active Atlantic Hurricane Season
Warm Atlantic waters and favorable wind patterns may produce 13 to 20 named storms this year for the fourth above-average hurricane season in a row.
Bulk Trade-Off: Blood for Money in Indonesia
On February 17th of this year, the Harita Bauxite sank off Cape Balinao in the South China Sea. Of the twenty-four men aboard, only nine survived. The sea can be [...]
MSC Flaminia Enters Romanian Port for Repairs
After more than six weeks of waiting at an anchorage off the coast of Constanza, Romania, the burned out MSC Flaminia has entered port for lightering operations and repairs.
Australia Releases Final Report on M/V Tycoon Grounding
A broken shackle on the port’s cantilever mooring line lead to the January 2012 grounding and eventual catastrophic hull failure of the M/V Tycoon at Australia's Christmas Island.
SinOceanic Shipping Orders 10 Newbuild Containerships
Oslo-based ship investment company, SinOceanic Shipping ASA, has entered into a contract with Jinhai Heavy Industries to build ten, 8,800 TEU state-of-the art containerships. The total transaction, consisting of the [...]
ABS Wins “Best Classification Society” at ShipTek
ABS Wins ‘Best Classification Society’ Award at ShipTek 2013 At the 6th Annual International Maritime Awards, ABS received Marine BizTV’s Best Classification Society award following the ShipTek 2013 conference in [...]
Ocean Rig Reports Strong Ultra-Deepwater Fundamentals
Ocean Rig CEO George Economou commented in his Q1 2013 earnings report yesterday that the “outlook for the UDW (Ultra-Deepwater) drilling industry is very positive given the high level of [...]
CLIA Members Sign Cruise Ship Passenger “Bill of Rights”
Cruise Lines International Association has approved the adoption of a “Cruise Industry Passenger Bill of Rights”, a list of ten amendments addressing the basic freedoms of cruise ship passengers.
Rickmers Group to Raise $258 Million in Landmark Bond Sale
(Bloomberg) — Rickmers Group is breaking with tradition as it seeks to become the first German charter shipping company to raise money in the bond market. The family-owned company, which [...]
Senators Support Oil and Gas Exploration Offshore Virginia
“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement yesterday. Well no kidding. It seems completely ridiculous [...]
Cosco Delivers Bulk Carriers to Daelim Shipping and Oceanstar Management
COSCO (Zhoushan) Shipyard announced the delivery of a pair of bulk carriers, the 82k DWT DL Acacia for South Korea’s Daelim Shipping and the 57k DWT OCEAN LADY for Athens-based Oceanstar [...]
OSX Brasil Cuts Staff as Shipyard Fails to Receive New Orders
OSX Brasil SA, the shipyard and ship leasing company controlled by Brazilian billionaire Eike Batista, fired 300 employees as part of an effort to cut costs, O Estado de S. [...]
Maersk CEO: “As Long as There’s Overcapacity, There Will be Price Wars”
(Bloomberg) — A.P. Moeller-Maersk A/S Chief Executive Officer Nils Smedegaard Andersen said he’ll be forced to prolong cost cuts at the world’s biggest container line as a policy of capacity [...]
Ships Agency Solution Gaining Traction says Wilhelmsen Ships Services GM
Wilhelmsen Ships Services (WSS) General Manager for Japan Yoshihiro Iizuka says that he expects more customers to sign up for its’ Ships Agency Re-Defined (SARD) solution throughout 2013 and beyond [...]
Bollinger Delivers Sixth Fast Response Cutter to the USCG
LOCKPORT, La., Bollinger Shipyards, Inc. has delivered the PAUL CLARK, the sixth Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger executive vice [...]