Update (Saturday 8 p.m. EDT) – The U.S. Coast Guard has confirmed that a life ring belonging to El Faro was found in the search area near the Bahamas on Saturday. The life ring was spotted during an overflight approximately 120 nautical miles northeast of Crooked Island, Bahamas. A Coast Guard helicopter crew recovered the life […]
By Manisha Jha and Naomi Christie (Bloomberg) — The world’s biggest crude oil tankers earned more than $100,000 a day for the first time since 2008, amid speculation that a surge in Chinese bookings is curbing the number that are left available for charter. Ships hauling 2 million barrel cargoes of Saudi Arabian crude […]
By Brian K. Sullivan (Bloomberg) — A weakening Hurricane Joaquin probably won’t be a threat to the U.S. as it turns north in the Atlantic away from the Bahamas, where it’s battering the islands with winds that fell to 125 miles (200 kilometers) per hour. A container ship with a 33-member crew is missing. […]
Awesome. Make sure to turn on the 4K setting if you have the bandwidth.
Panamanian-flagged bulk carrier spilled over 1,000 gallons of diesel fuel after alliding with a pier in Astoria, Oregon early Friday. The U.S. Coast Guard says it was alerted at approximately 12:55 a.m. that the 565-foot Global Gold allided with Pier 1 in the Port of Astoria, causing a 4-foot by 8-inch gash in the […]
Note: This story is unrelated to the missing TOTE Maritime ship El Faro, which was reported missing off the Bahamas during Hurricane Joaquin on Thursday. A search and rescue for the El Faro and its crew was still underway as of Friday at 1:30 p.m. EDT. The U.S. Coast Guard said it rescued 12 crewmembers […]
Farstad Shipping said Friday it is planning to lay up two platform supply vessels and three anchor handling tugs in Norway, marking the latest casualty of the weakened offshore market that is only expected to get worse. Farstad says that as a result of the lay ups approximately 100 offshore employees, mostly of Norwegian nationalities, will […]