Maritime News from gCaptain.com

UK North Sea’s Biggest Oil and Gas Pipeline Could Be Shut for ‘Weeks’

News from gCaptain - Tue, 12/12/2017 - 11:30

By Ron Bousso, Amanda Cooper and Alex Lawler LONDON, Dec 12 (Reuters) – Britain’s biggest pipeline from its North Sea oil and gas fields is likely to be shut for several weeks for repairs, its operator said on Tuesday, disrupting gas flows and sending international crude prices to their highest since mid-2015. The closure has struck […]

The post UK North Sea’s Biggest Oil and Gas Pipeline Could Be Shut for ‘Weeks’ appeared first on gCaptain.

Categories: Maritime News

NTSB Video Details Sinking of US Cargo Vessel SS El Faro

News from gCaptain - Tue, 12/12/2017 - 11:02

Update: Captain’s Decisions, Shipping Company’s Poor Safety Oversight Determined as Probable Cause of EL FARO Sinking Here is an animation produced by the National Transportation Safety Board reconstructing the sequence of events leading to the sinking of the US-flagged cargo vessel SS El Faro in the Atlantic Ocean near Acklins and Crooked Island, Bahamas, which occurred […]

The post NTSB Video Details Sinking of US Cargo Vessel SS El Faro appeared first on gCaptain.

Categories: Maritime News

U.S. Fuels the World as Shale Boom Powers Record Oil Exports

News from gCaptain - Tue, 12/12/2017 - 10:14

By Laura Blewitt (Bloomberg) — The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down. You name it — crude oil, gasoline, diesel, propane and even liquefied natural gas — all were shipped abroad at a record pace. While the surge comes many years after the shale […]

The post U.S. Fuels the World as Shale Boom Powers Record Oil Exports appeared first on gCaptain.

Categories: Maritime News

Brent Oil Jumps Above $65 for First Time Since 2015 on Pipe Halt

News from gCaptain - Tue, 12/12/2017 - 08:36

By Grant Smith (Bloomberg) — Global benchmark Brent crude jumped above $65 a barrel for the first time in 2 1/2 years after one of the most important pipelines in the world was shut because of a crack. Futures rose as much as 1.8 percent in London, set for the highest close since June 2015, […]

The post Brent Oil Jumps Above $65 for First Time Since 2015 on Pipe Halt appeared first on gCaptain.

Categories: Maritime News

NTSB Panel Reviewing Final Report of El Faro Investigation

News from gCaptain - Tue, 12/12/2017 - 08:15

Update: Captain’s Decisions, Shipping Company’s Poor Safety Oversight Determined as Probable Cause of EL FARO Sinking By Ian Simpson WASHINGTON, Dec 12 (Reuters) – U.S. safety officials were due to meet on Tuesday to discuss their final report on the 2015 sinking of the El Faro freighter, which killed all 33 crew members in the worst cargo […]

The post NTSB Panel Reviewing Final Report of El Faro Investigation appeared first on gCaptain.

Categories: Maritime News

Trump to Open Door for Oil Drilling Off U.S. East Coast -Sources

News from gCaptain - Mon, 12/11/2017 - 18:46

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is preparing to unveil as soon as this week an expansive offshore oil plan that would open the door to selling new drilling rights in Atlantic waters, according to people familiar with the plan. President Donald Trump ordered his Interior Department to write the new blueprint […]

The post Trump to Open Door for Oil Drilling Off U.S. East Coast -Sources appeared first on gCaptain.

Categories: Maritime News

Gibraltar Shipping: Interview with APM Terminals’ Javier Lancha

News from gCaptain - Mon, 12/11/2017 - 15:13

Interview by Paul González-Morgan (Gibraltar Shipping) – Javier Lancha is Managing Director at APM Terminals Callao (Peru) since December 2016. Previously, he was CEO at APM Terminals Algeciras and Managing Director at APM Terminals West Med, Algeciras & Tangier. He has extensive experience in managerial positions of multinational corporations such as Alcatel, Thales and Galileo […]

The post Gibraltar Shipping: Interview with APM Terminals’ Javier Lancha appeared first on gCaptain.

Categories: Maritime News

Damaged USS Fitzgerald Departs Japan Aboard Heavy Lift Vessel

News from gCaptain - Mon, 12/11/2017 - 14:32

The U.S. Navy’s guided-missile destroyer USS Fitzgerald (DDG 62) departed its anchorage in Yokosuka Harbor, Japan over the weekend for its voyage back to the United States aboard  Dockwise’s heavy lift vessel MV Transshelf.  Transshelf is transporting Fitzgerald to Huntington Ingalls Industries (HII) shipyard Pascagoula, Mississippi, where the Arleigh Burke-class destroyer will undergo repairs following […]

The post Damaged USS Fitzgerald Departs Japan Aboard Heavy Lift Vessel appeared first on gCaptain.

Categories: Maritime News

Samsung Heavy CEO Resigns After Surprise Loss Forecast

News from gCaptain - Mon, 12/11/2017 - 12:29

South Korean shipbuilder Samsung Heavy Industries has appointed a new chief executive officer after the resignation of the former CEO after forecasting another year of losses for the shipbuilder. Last week, shares of Samsung Heavy Industry plunged the most on record as the shipbuilder, one of the world’s largest, surprised the market when it forecasted […]

The post Samsung Heavy CEO Resigns After Surprise Loss Forecast appeared first on gCaptain.

Categories: Maritime News

ITF: Another Worker Death Underscores ‘Atrocious Safety Record’ at Hutchison Terminal in Jakarta

News from gCaptain - Mon, 12/11/2017 - 11:45

Another worker has died in an accident at the Hutchison terminal in Jakarta, marking the fourth fatality in just the past 15 months at the terminal, the International Transport Workers’ Federation has reported. The incident is the latest to underscore the what the ITF described as an “atrocious” safety record at the Hutchison terminal. “We […]

The post ITF: Another Worker Death Underscores ‘Atrocious Safety Record’ at Hutchison Terminal in Jakarta appeared first on gCaptain.

Categories: Maritime News

Two Killed After Pilot Boat Capsizes Off Finland

News from gCaptain - Mon, 12/11/2017 - 10:41

Two Finnish pilot boat operators have died after the boat they were on capsized and sank in the Gulf of Finland on Friday. The accident occurred at 4:58 p.m. Friday evening when the pilot boat L242 overturned off of Emäsalo island as they headed to pick up a pilot at the northern pilot boarding position, according to […]

The post Two Killed After Pilot Boat Capsizes Off Finland appeared first on gCaptain.

Categories: Maritime News

CMA CGM Completes Acquisition of Brazilian Cabotage Carrier Mercosul Line

News from gCaptain - Mon, 12/11/2017 - 10:13

CMA CGM has completed its acquisition of Mercosul Line, one of the leading carriers in Brazil’s domestic container shipping market. CMA CGM on Monday announced the completion of the acquisition, which it says will allow the group to strengthen its service offering in Brazil, and more broadly in South America, especially in cabotage and “door-to-door” […]

The post CMA CGM Completes Acquisition of Brazilian Cabotage Carrier Mercosul Line appeared first on gCaptain.

Categories: Maritime News

Maersk Sees Falling Freight Rates in Bearish Sign for Trade

News from gCaptain - Mon, 12/11/2017 - 08:47

By Dhwani Pandya and Anirban Nag (Bloomberg) — The world’s largest container shipping line says international freight rates are reversing after climbing for most of this year, raising questions about the sustainability of the global trade recovery. Decade-old oversupply issues swamped demand for containerized sea trade in the third quarter, a senior official at Maersk […]

The post Maersk Sees Falling Freight Rates in Bearish Sign for Trade appeared first on gCaptain.

Categories: Maritime News

3 Hurricanes 24 Books Plus One Maritime Thriller

News from gCaptain - Mon, 12/11/2017 - 07:51

by R.E. McDermott (Sponsored) I remember sitting in a ship’s lounge some years back, watching a blow-dried weatherman on TV, standing in front of a map of the US East Coast with the track of a tropical storm superimposed over it. He tapped his pointer at the symbol for the storm and predicted it would […]

The post 3 Hurricanes 24 Books Plus One Maritime Thriller appeared first on gCaptain.

Categories: Maritime News

Egypt Sees Pilot Production at Eni’s Zohr Gas Field Starting Soon

News from gCaptain - Mon, 12/11/2017 - 07:38

By Salma El Wardany (Bloomberg) — Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil ministry said, as the country nears its goal of commercial output from the biggest gas discovery in the Mediterranean Sea by the end of this year. Gas is being pumped […]

The post Egypt Sees Pilot Production at Eni’s Zohr Gas Field Starting Soon appeared first on gCaptain.

Categories: Maritime News

The Arctic Threat to OPEC’s Grand Oil Price Strategy

News from gCaptain - Mon, 12/11/2017 - 07:02

By Julian Lee (Bloomberg Gadfly) — When Saudi Arabia’s oil minister attended Friday’s grand opening of a giant liquefied natural gas plant in northern Siberia, he’d have known this was just part of a bigger energy story developing in Russia’s icy north. It’s not just gas that’s a big deal there. Russia’s Arctic oil flows […]

The post The Arctic Threat to OPEC’s Grand Oil Price Strategy appeared first on gCaptain.

Categories: Maritime News

Resolve Marine Group Strengthens Client Services Team

News from gCaptain - Mon, 12/11/2017 - 05:48

Resolve Marine Group has strengthened its senior team with the appointments of Lindsay Malen-Habib as Manager of Client Services and Dimos Iliopoulos as it’s Representative in Greece. Lindsay Malen–Habib has 15 years’ experience in maritime emergency response, business development and marketing and will be based in Resolve’s head office in Fort Lauderdale, Florida. Ms. Malen-Habib […]

The post Resolve Marine Group Strengthens Client Services Team appeared first on gCaptain.

Categories: Maritime News

Dover-Bound P&O Ferry Runs Aground in Calais

News from gCaptain - Sun, 12/10/2017 - 09:09

LILLE, France, Dec 10 (Reuters) – A P&O ferry with more than 200 passengers on board has run aground in stormy weather in Calais harbour in northern France, but there are no injuries, the Pas-de-Calais prefecture said on Sunday. The “Pride of Kent” of P&O Ferries tried to leave the Calais harbour bound for Dover, […]

The post Dover-Bound P&O Ferry Runs Aground in Calais appeared first on gCaptain.

Categories: Maritime News

Two People Missing After Tug Sinks on Mississippi River Near Memphis

News from gCaptain - Fri, 12/08/2017 - 14:42

The U.S. Coast Guard and local agencies are searching for two people after their vessel sank at mile marker 733 on the Mississippi River near Memphis, Tennessee on Friday. Coast Guard Sector Lower Mississippi River watchstanders received a notification of a mayday broadcast at 11:42 a.m. of the 66-foot pusher tug Ricky Robinson sinking with […]

The post Two People Missing After Tug Sinks on Mississippi River Near Memphis appeared first on gCaptain.

Categories: Maritime News

America’s Next Crude Export Boom May Start at this Floating Buoy Offshore Louisiana

News from gCaptain - Fri, 12/08/2017 - 14:09

By Sheela Tobben (Bloomberg) — A 1,000-foot ship will likely pull up to a buoy floating in the Gulf of Mexico next year, hook up its hoses and usher the U.S. into a new era as a major oil exporter. The Louisiana Offshore Oil Port, which already handles imports from similar large ships known as […]

The post America’s Next Crude Export Boom May Start at this Floating Buoy Offshore Louisiana appeared first on gCaptain.

Categories: Maritime News
Syndicate content