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gCaptain Readership Survey 2016

Hi, folks! Thanks for checking out the gCaptain Readership Survey 2016. Every year or so we like to poll our readers to ensure we are continuing to provide you with the absolute best maritime and offshore website possible. Not only do your answers help us get to to you know a little better so we […] The post gCaptain Readership Survey 2016 appeared first on gCaptain.

China’s Naval Buildup Threatens Its Own Port Ambitions

By David Fickling (Bloomberg Gadfly) — A strange thing is happening in China’s state-owned marine transport industry. The government shook up its kaleidoscope of shipping companies last year to create four discrete businesses focused on container shipping, commodities transport, terminal services, and leasing. Show More Summary

This Map Perfectly Illustrates The Importance of Shipping In Today’s World

If you haven’t heard already, today, September 29, 2016, is World Maritime Day, an official UN day of observance for the important role shipping has on the modern world. We already posted what people are saying about #WorldMaritimeDay online HERE. Show More Summary

#WorldMaritimeDay Roundup from Around the World

Happy World Maritime Day! The International Maritime Organization’s World Maritime Day is an official United Nations day of observance in recognition of the important role international shipping has on the global economy. This year’s...Show More Summary

Shipyard Productivity Reaches New Heights

A job completed on time or ahead of schedule is a display of the proficiency, productivity, and innovative thinking that can give you a competitive edge. And with the current oil market and the upcoming elections fogging the forecast for future orders (and indicating a likely dip)…

TCS Charters CWind Crew Transfer Vessel

Transmission Capital Services (TCS) has chartered one of CWind’s crew transfer vessels (CTV) on a five-year contract to support works at several of their offshore substations in the U.K. CWind, a provider of services to the offshore wind industry…

VGM Grace Period Ends October 1

The three-month settling-in period suggested by the IMO to its Member States in which competent authorities were urged to adopt a ‘practical and pragmatic’ approach to the enforcement of the SOLAS revision stipulating all packed containers have…

Siemens Bags Electric Ferry Propulsion Contract

Siemens said it has secured a contract to supply propulsion systems for two new The all-electric battery ferries to be operated by Fjord1 on the E39 Anda-Lote route on the west coast of Norway. Both vessels will have a cargo capacity of 120 cars, 12 trailers and 349 passengers.

Transocean Winner Ready for a Lift

10 hours agoVehicles / Watercraft : gCaptain

Work has begun to raise the anchors of the stricken Transocean Winner rig in Broad Bay, Scotland in preparation for its move onto a heavy lift vessel. The UK Maritime and Coastguard Agency said Thursday that crews began raising the rig’s four main anchors this morning. Show More Summary

Wave of US Marine Innovation Heading to the UK

A wave of cutting edge U.S. maritime innovations will be highlighted in Southampton, U.K. this October during three specialist one day events for the sub IMO / sub 24 meter professional sector. The unique NEXT GENERATION Workshops bring together…

Korean Exchange Tells World’s No. 2 Shipbuilder to Improve Financials Or Else

11 hours agoVehicles / Watercraft : gCaptain

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, was told to improve its financials within a year before its shares can resume trading, the stock exchange said. The shipbuilder has been given until Sept. Show More Summary

Cosco Eyes Hanjin Terminals After $738 Million Abu Dhabi Deal

11 hours agoVehicles / Watercraft : gCaptain

By Bloomberg News (Bloomberg) – China Cosco Shipping Corp., owner of Asia’s biggest container-shipping company, said it could consider buying some container-terminal assets of the troubled Hanjin Shipping Co. after agreeing to spendShow More Summary

Australia Names Lockheed Martin as Weapons System Provider for Submarines

Australia has selected U.S. defence company Lockheed Martin Corp as its preferred bidder to supply the combat system for its new $38 billion fleet of submarines, the country's defence industry minister said on Friday. Lockheed Martin beat out competition from U.S.

Wärtsilä Funa Creates Speical Look for Genting Dream

Wärtsilä is supplying a special external lighting system for a new cruise ship currently under construction at the Meyer Werft shipyard in Papenburg, Germany. The 150,000 GRT vessel, the "Genting Dream", has been ordered by Dream Cruises, part of Genting Hong Kong…

The Bulkcarrier Orderbook: Long Story, Short Tale?

Depressed dry bulk market conditions have put severe financial pressure on owners in recent times, triggering a slump in bulkcarrier contracting, observes Clarksons Research. This has helped drive a significant contraction in the bulkcarrier orderbook…

Louisiana Cat: A ‘Gold Level’ Cat Propulsion Dealer

Erika Hamrick, Cat Marine Regional Sales Manager Americas officially recognizes Robert “Bobby” Webb, CEO at Louisiana Cat as the first Cat Propulsion Dealer in the Americas (left) Official document signing at the Reserve, La headquarters by Erika Hamrick and Bobby Webb.

Glander International Bunkering Merges with Scandinavian Bunkering

Glander International Bunkering, one of the industry’s oldest bunker trading and brokering firms, has announced that the group has merged with the Norwegian company Scandinavian Bunkering AS. Scandinavian Bunkering AS. was established in 1993 and as of September 26…

FreeSeas Sells M/V Free Maverick

FreeSeas Inc. announced that on September 26, 2016, it sold to unrelated third parties the M/V ‘Free Maverick’, a 1998-built, 23,994 dwt Handysize dry bulk carrier for a sale price of $1,925,000. The vessel’s mortgage has now been discharged. FreeSeas Inc.

Keppel FELS Delivers Accommodation Unit to Floatel

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Floatel Triumph, a fifth high-specification accommodation semisubmersible (semi), to Floatel International Ltd (Floatel). The semi, which is built to Keppel's proprietary SSAUTM5000NG design…

Con-Green 2000 - Next Generation of Feeder Vessels

The largest container vessels are designed for the greatest possible efficiency – maximum intake, minimum fuel consumption. Their smaller cousins, however, have not received the same level of attention – but this is beginning to change, says Jai Oh Sun, Engineer / Pre-Contract, DNV GL AS.

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