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Russian Tankers Fueled North Korea Via Ship-to-Ship Transfers at Sea – sources

By Guy Faulconbridge, Jonathan Saul and Polina Nikolskaya LONDON/MOSCOW, Dec 30 (Reuters) – Russian tankers have supplied fuel to North Korea on at least three occasions in recent months by transferring cargoes at sea, according to two senior Western European security sources, providing an economic lifeline to the secretive Communist state. Show More Summary

Trump Administration Rolls Back Offshore Safety Rules Put In Place After Deepwater Horizon

By Catherine Traywick (Bloomberg) — The Trump administration is rolling back offshore drilling rules put in place after the 2010 Deepwater Horizon disaster killed 11 workers and spewed millions of barrels of oil into the Gulf of Mexico. ...Show More Summary

Billionaire John Fredriksen’s Battle at Sea

by Chris Hughes (Bloomberg) Shipping billionaire John Fredriksen struck a deal to save his Seadrill Ltd oil services company from collapse in 2017. Next year, he faces a fight to keep the plan together. When oil majors cut drilling as crude prices collapsed in 2014, rig-supplier Seadrill was hit hard. Show More Summary

Trump Warns China After Seoul Seizes HK-Flagged Tanker Selling Oil To North Korea

by Philip Wen (Reuters) – China on Friday denied reports it has been illicitly selling oil products to North Korea after U.S. President Donald Trump said he was not happy that China had allowed oil to reach the isolated nation. Trump...Show More Summary

After Trump Criticism, China Denies Selling Oil Illicitly to North Korea

By Philip Wen and David Brunnstrom BEIJING/WASHINGTON, Dec 29 (Reuters) – China on Friday denied reports it has been illicitly selling oil products to North Korea after U.S. President Donald Trump said he was not happy that China had allowed oil to reach the isolated nation. Show More Summary

Ex-Keppel Lawyer Cooperated with U.S. in Brazil Bribery Probe -Documents

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Explosion Kills One at Argentine Grain Port

By Hugh Bronstein and Maximiliano Rizzi BUENOS AIRES, Dec 27 (Reuters) – An explosion at a grains terminal in Argentina owned by China’s COFCO International on Wednesday killed one employee, injured others and affected shipping activities from one of the world’s top food suppliers, the conglomerate said. Show More Summary

UK Authorities Assisting Russian Cargo Ship with Significant List in the Solent

The HM Coastguard is assisting a Russian-flagged cargo ship after it had developed a significant list while underway in the English Channel on Tuesday. The vessel, the MV Mekhanik Yartsev, reported to the Coastguard on Tuesday that it had lost 30 pieces of cargo during bad weather around 1 a.m. Show More Summary

North Sea Forties Pipeline Pumping at Half Capacity -Source

LONDON, Dec 27 (Reuters) – Britain’s biggest and most important oil pipeline, Forties, was ramping up throughput after repairs and was currently pumping at around half its normal rates, a trading source familiar with the operations said on Wednesday. Show More Summary

Photos: Bulk Carrier ‘Ocean Crown’ Hard Aground in Lithuania

A 190-meter bulk carrier is hard aground in Klaipeda, Lithuania after dragging anchor in strong winds. The vessel, the Cyprus-flagged MV Ocean Crown, was bound for Klaipeda but was prevented from entering port due to weather and forced to drop anchor. Show More Summary

Incident Photos: Panama-Flagged Cargo Ship Wrecks in Greece

A Panama-flagged cargo ship wrecked on the Greek island of Traganisi near Mykonos on Friday during a voyage from Russia to Cyprus. The Hellenic Coast Guard says all 12 foreign nationals on board the MV Little Seyma were able to abandon...Show More Summary

Keppel to Pay $422 Million to Settle Foreign Bribery Case in U.S., Brazil and Singapore

Singapore-based shipbuilder Keppel Offshore & Marine and its U.S. subsidiary have agreed to pay a total penalty of more than $422 million to resolve charges with authorities in the United States, Brazil and Singapore related to a decade-long scheme to pay millions of dollars in bribes to officials in Brazil, the U.S. Show More Summary

gCaptain’s Top 20 Most Viewed Stories of 2017

Another great year in the books here at gCaptain. This year we published thousands of maritime stories and racked up more than 20 million website views. Here’s a look back at the stories receiving the most clicks in 2017.  (Headlines are linked, will open in new tab) 20. Show More Summary

Heavy Icebreaker USCGC ‘Polar Star’ Departs Honolulu on Annual Resupply Mission to Antarctica

 The United States’ only heavy icebreaker departed Honolulu on Friday bound for Antarctica as part of annual resupply mission for the U.S. Antarctic Program (USAP). During the mission, known as Operation Deep Freeze, the crew of theShow More Summary

Euronav, Gener8 Maritime Merger to Create World’s Leading Independent Tanker Company

Belgian tanker company Euronav (NYSE:EURN, Euronext:EURN) and its New York-based rival Gener8 Maritime (NYSE:GNRT) have agreed to merge, thus creating the world’s leading independent operator of large crude tankers. The agreement, announced...Show More Summary

Australian Police Seize Record $771 Million Meth Haul Arriving By Sea

 By Elouise Fowler SYDNEY, Dec 22 (Reuters) – Australian police said on Friday they had seized a record 1.2 tonnes of methamphetamine with a street value of more than A$1 billion ($771 million) after a raid in a remote area of the west Australian coast. Show More Summary

Ontario-Based Algoma Buys Four ‘Lakers’ from American Steamship Company

Ontario-based Algoma Central Corporation (TSX: ALC) today said it has reached an agreement to purchase four U.S.-flag ‘lakers’ from American Steamship Company. In doing so, all four ships will be re-registered to the Canadian flag. The vessels being acquired are the M.V. Show More Summary

Now Available: gCaptain Gift Cards!

Still have a few people on your holiday shopping list? gCaptain gift cards can be purchased anytime and are immediately delivered to you via email. Print it out, drop it in an envelope and your Christmas shopping is done! The post Now Available: gCaptain Gift Cards! appeared first on gCaptain.

ABS Awards AIP for Innovative LNG Power Vessel

Hudong-Zhonghua Shipbuilding vessel concept offers efficient LNG power generation and storage ABS, a leading provider of classification and technical services to the marine and offshore industries, granted Approval in Principle (AIP) to Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., for its LNG Power Vessel. Show More Summary

Coast Guard Issues ‘Final Action Memo’ on El Faro Investigation

The U.S. Coast Guard on Thursday released its Final Action Memo on the loss of the El Faro and its 33 crewmembers during a hurricane near Crooked Island, Bahamas on October 1, 2015, essentially making official the Coast Guard’s findings from its investigation into the casualty.  Commandant of the Coast Guard, Adm. Show More Summary

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