Maritime News from gCaptain.com

Why The USS Fitzgerald Is At Fault, Part 2 – Questions And Answers

News from gCaptain - Fri, 06/23/2017 - 11:39

The recent editorial “The USS Fitzgerald Is At Fault. This Is Why.“ has been read 103,667 times, shared by 9,699 people via social media and ignited a firestorm of over 500 facebook comments, forum posts, emails and phone calls to gCaptain HQ. Feedback I have received from Navy brass, journalists, pilots and Merchant Mariners working […]

The post Why The USS Fitzgerald Is At Fault, Part 2 – Questions And Answers appeared first on gCaptain.

Categories: Maritime News

Former DDG Commander to Lead U.S. Navy Investigation Into USS Fitzgerald Collision

News from gCaptain - Fri, 06/23/2017 - 11:33

The U.S. Navy has chosen Rear Adm. (lower half) Brian Fort, a former DDG commander, to lead the investigation into the collision between the USS Fitzgerald (DDG 62) and a merchant ship off the coast of Japan last week. The Arleigh Burke-class guided-missile destroyer USS Fitzgerald (DDG 62) was involved in a collision with the […]

The post Former DDG Commander to Lead U.S. Navy Investigation Into USS Fitzgerald Collision appeared first on gCaptain.

Categories: Maritime News

VLCC Rates May Edge Up on Floating Storage, August Charters

News from gCaptain - Fri, 06/23/2017 - 10:32

By Keith Wallis SINGAPORE, June 23 (Reuters) – Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for floating storage and crude oil shipments increase ahead of the northern winter, brokers said. “There might be a slow creep up towards 60 (on the Worldscale measure),” said Ashok Sharma, […]

The post VLCC Rates May Edge Up on Floating Storage, August Charters appeared first on gCaptain.

Categories: Maritime News

Environmental NGOs: Shipping Needs to ‘Shape Up or Ship Out’ on Ship Emissions

News from gCaptain - Fri, 06/23/2017 - 10:29

By Alexander Whiteman (The Loadstar) – Environmental lobbyists have derided “ambitious” CO2 reduction plans announced by four international shipping associations as “hardly a break from business as usual”. Yesterday, Bimco, Intercargo, the International Chamber of Shipping and Intertanko jointly proposed that the International Maritime Organization (IMO) regulate to maintain international shipping’s annual CO2 emissions below […]

The post Environmental NGOs: Shipping Needs to ‘Shape Up or Ship Out’ on Ship Emissions appeared first on gCaptain.

Categories: Maritime News

Touted Sea Change in Indonesia Shipping Network May Hit Choppy Waters

News from gCaptain - Fri, 06/23/2017 - 10:14

By Eveline Danubrata and Cindy Silviana JAKARTA, June 23 (Reuters) – With its towering new cranes and wharves that can handle some of the world’s biggest ships, Indonesia’s main international port has been shaking off its reputation for inefficiency and congestion with a $2.5 billion upgrade. But the revamp is just the first step in […]

The post Touted Sea Change in Indonesia Shipping Network May Hit Choppy Waters appeared first on gCaptain.

Categories: Maritime News

Metal Shark Wins $54 Million US Navy Contract to Build Near Coastal Patrol Vessels

News from gCaptain - Fri, 06/23/2017 - 08:01

Louisiana-based shipbuilder Metal Shark has been selected by the US Navy to build Near Coastal Patrol Vessels (NCPVs) for United States partner nations through the Department of Defense Foreign Military Sales (FMS) program. Metal Shark’s proposal was selected by Naval Sea Systems Command from a field of six competing shipyards. Under the terms of the […]

The post Metal Shark Wins $54 Million US Navy Contract to Build Near Coastal Patrol Vessels appeared first on gCaptain.

Categories: Maritime News

America’s Most Popular Gasoline Pipeline Is Losing its Edge

News from gCaptain - Thu, 06/22/2017 - 16:44

By Laura Blewitt (Bloomberg) — The hottest trade in the U.S. gasoline market is starting to cool. As America’s U.S. Gulf Coast refining complex seeks more attractive destinations for its rising production of motor fuels, marketers have found that shipping gasoline to the Atlantic Coast on the Colonial Pipeline might not be the most profitable […]

The post America’s Most Popular Gasoline Pipeline Is Losing its Edge appeared first on gCaptain.

Categories: Maritime News

South Africa Rejects Japanese Container Shipping’s Mega-Merger

News from gCaptain - Thu, 06/22/2017 - 15:59

By Gavin van Marle (The Loadstar) – The South African Competition Commission has rejected the merger of the container divisions of NYK, MOL and K Line to create Ocean Network Express. In South Africa, NYK operates its shipping business through the Mitchell Cotts Maritime agency; MOL through subsidiaries MOL South Africa and MOL ACE South Africa; […]

The post South Africa Rejects Japanese Container Shipping’s Mega-Merger appeared first on gCaptain.

Categories: Maritime News

President Trump to Nominate Mark Buzby, Former MSC Commander, as Maritime Administrator

News from gCaptain - Thu, 06/22/2017 - 11:25

President Donald Trump has announced his intention to nominate Mark H. Buzby of Virginia to the position of Maritime Administrator at the Department of Transportation’s Maritime Administration (MARAD). Rear Admiral Buzby is a retired Navy Rear Admiral with 34 years of experience serving in at-sea billets, primarily in cruisers and destroyers. During his career, Buzby […]

The post President Trump to Nominate Mark Buzby, Former MSC Commander, as Maritime Administrator appeared first on gCaptain.

Categories: Maritime News

Shipping Industry Unites to Propose Ambitious CO2 Reduction Objectives to IMO

News from gCaptain - Thu, 06/22/2017 - 09:58

Four prominent international trade associations have banded together in issuing a joint proposal to the UN International Maritime Organization (IMO) concerning ambitious CO2 reductions by the international shipping sector, which is responsible for transporting about 90% of global trade and 2.2% of the world’s annual man-made CO2 emissions.  The four associations issuing the joint statement […]

The post Shipping Industry Unites to Propose Ambitious CO2 Reduction Objectives to IMO appeared first on gCaptain.

Categories: Maritime News

Ritz-Carlton Launching Luxury Cruise Line With Three New Ships

News from gCaptain - Thu, 06/22/2017 - 09:34

By Nikki Ekstein (Bloomberg) — Want to cash in your SPG and Marriott points for a yacht cruise? That may soon be possible, as Ritz-Carlton, Marriott International Inc.’s flagship luxury brand, announced a seafaring expansion Thursday. As part of the newly minted Ritz-Carlton Yacht Collection, the five-star hotel brand will launch three small, ultra-luxury ships […]

The post Ritz-Carlton Launching Luxury Cruise Line With Three New Ships appeared first on gCaptain.

Categories: Maritime News

Fitch: Global Ports Sector Faces Structurally Slower Growth

News from gCaptain - Thu, 06/22/2017 - 09:17

LONDON, June 22 (Fitch) Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says. A move towards protectionism would represent a significant additional risk, with the potential to reverse sector growth. Global port […]

The post Fitch: Global Ports Sector Faces Structurally Slower Growth appeared first on gCaptain.

Categories: Maritime News

With 3 Named Storms Already, What Should We Expect for the Remainder 2017 North Atlantic Hurricane Season?

News from gCaptain - Wed, 06/21/2017 - 16:36

By Fred Pickhardt (Ocean Weather Services) – Given the unusual occurrence of 3 named tropical cyclones prior to the end of June, one might ask what should we expect for the remainder of the 2017 hurricane season? A number of forecast centers have already made their predictions for the 2017 hurricane season with most sources […]

The post With 3 Named Storms Already, What Should We Expect for the Remainder 2017 North Atlantic Hurricane Season? appeared first on gCaptain.

Categories: Maritime News

Tropical Storm Cindy Crimps Shipping, Forces Energy Workers Out of Gulf

News from gCaptain - Wed, 06/21/2017 - 13:27

By Brian K. Sullivan (Bloomberg) — Tropical Storm Cindy, which has already shut energy production in the Gulf of Mexico, disrupted shipping and forced workers off oil and gas platforms, is now bearing down on the Texas-Louisiana coastline. With top winds of 50 miles (80 kilometers) an hour, down from 60 mph earlier, the system […]

The post Tropical Storm Cindy Crimps Shipping, Forces Energy Workers Out of Gulf appeared first on gCaptain.

Categories: Maritime News

Evergreen Looks Single and Happy in Container Shipping Love-Fest

News from gCaptain - Wed, 06/21/2017 - 10:58

By David Fickling (Bloomberg Gadfly) — While wedding bells have been ringing out across the global shipping industry, Taiwan’s biggest container line, Evergreen Marine Corp., has remained aloof. If mergers currently awaiting approval go ahead, the market share of the top five container lines will rise to 60 percent, from about 49 percent 18 months […]

The post Evergreen Looks Single and Happy in Container Shipping Love-Fest appeared first on gCaptain.

Categories: Maritime News

Norwegian OSV Mega-Merger Completed

News from gCaptain - Wed, 06/21/2017 - 10:48

The world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore shipping companies Farstad Shipping, Deep Sea Supply and Solstad Offshore, with the latter being the surviving entity. The new company, named Solstad Farstad ASA, will operate out of Skudeneshavn, Norway with a fleet of […]

The post Norwegian OSV Mega-Merger Completed appeared first on gCaptain.

Categories: Maritime News

Two Shipping Companies to Pay $1.9 Million Fine Over Illegal Dumping, Cover-Up

News from gCaptain - Wed, 06/21/2017 - 09:54

Two international shipping companies have pleaded guilty in U.S. federal court in Beaumont, Texas to violating the Act to Prevent Pollution from Ships (APPS) and obstruction of justice related to the covering up the illegal dumping of oil-contaminated bilge water and garbage from one of their ships visiting U.S. ports. The two companies, Egyptian Tanker […]

The post Two Shipping Companies to Pay $1.9 Million Fine Over Illegal Dumping, Cover-Up appeared first on gCaptain.

Categories: Maritime News

A Giant Iceberg the Size of Delaware is About to Break Off Antarctica

News from gCaptain - Wed, 06/21/2017 - 08:43

By Alister Doyle OSLO, June 21 (Reuters) – One of the biggest icebergs on record is like a “niggling tooth” about to snap off Antarctica and will be an extra hazard for ships around the frozen continent as it breaks up, scientists said on Wednesday. An area of the Larsen C ice shelf, about as […]

The post A Giant Iceberg the Size of Delaware is About to Break Off Antarctica appeared first on gCaptain.

Categories: Maritime News

Tropical Storm Cindy Disrupts Gulf of Mexico Shipping, Crude Imports

News from gCaptain - Tue, 06/20/2017 - 18:45

By Brian K. Sullivan (Bloomberg) — Tropical Storm Cindy has halted service at a major oil terminal in the Gulf of Mexico, prompted some evacuations at rigs and platforms and put states from Texas to Florida on notice for flooding rains. Cindy was 350 miles (560 kilometers) southeast of Galveston, Texas, with top winds of […]

The post Tropical Storm Cindy Disrupts Gulf of Mexico Shipping, Crude Imports appeared first on gCaptain.

Categories: Maritime News

COLREGs – Give Way or Stand On

News from gCaptain - Tue, 06/20/2017 - 14:48

by Captain Grant H Livingstone Part Two out of Three Part articles on COLREGS.  Are some professional mariners unintentionally violating COLREGS in a conscientious effort to avoid close quarters situations with small boats?  A review a few of the most common violations professional mariners are being found at fault for or debate in inland waters […]

The post COLREGs – Give Way or Stand On appeared first on gCaptain.

Categories: Maritime News
Syndicate content