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wartsila 2-stroke diesel engine

Wärtsilä Sells Majority Stake of 2-Stroke Engine Business to China State Shipbuilding Corp

On July 18, 2014 By Rob Almeida
From now on, Wartsila’s 2-stroke engine business will be listed as “discontinued operations” following an announcement today that it has sold a 70 percent stake in that business unit to [...]
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gas defiance lpg carrier stealthgas

Vafias Optimistic that “Good Times are Ahead”

On July 17, 2014 By Rob Almeida
StealthGas announced today four new additions to their newbuilding program consisting of two Korean-built 22,000 cbm semi-refrigerated LPG carriers and two Japanese-built pressurized LPG carriers of 7,500 cbm and 7,200 [...]
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corpus christi liquefaction

Corpus Christi Liquefaction Signs LNG Supply Deal with Électricité de France

On July 17, 2014 By Rob Almeida
Cheniere Energy subsidiary Corpus Christi Liquefaction, LLC announced the signing today of a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with Électricité de France, S.A (EDF). The [...]
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Engine to Power World’s First Dual-Fuel Containership Delivered to Shipyard

On July 17, 2014 By Mike Schuler
The gas engine that will soon power the TOTE's new Marlin-class containerships have been delivered to General Dynamics’ NASSCO’s shipyard in San Diego, CA, marking another milestone in the construction of the world's first LNG-powered containership.
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File photo courtesy Aker Philadelphia Shipyard

Aker Philadelphia Considers Diversification into Offshore Sector

On July 17, 2014 By Rob Almeida
Aker Philadelphia Shipyard (AKPS) is cruising along these days with a steady stream of work building Jones Act-compliant tankers for both their clients and their new joint venture, Philly Tankers.  The [...]
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Firefighters inspect the wreckage of a helicopter which crashed near an apartment complex in Gwangju July 17, 2014. REUTERS/Park Cheol-hong/Yonhap

Sewol Search Helicopter Crashes, Killing Five

On July 17, 2014 By Mike Schuler
A helicopter involved in the search for those still missing from the Sewol ferry disaster has crashed in South Korea.
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BswIO7mCYAAcqS6-1

UK’s Year in Maritime Accidents By The Numbers – INFOGRAPHIC

On July 17, 2014 By Mike Schuler
The UK’s Marine Accident Investigation Branch (MAIB) has released their annual report for 2013, summarizing all reports of accidents across a range of vessels as well as investigation reports and [...]
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The Rimpac drills offer China and the U.S. a non-confrontational opportunity to learn more about each other’s capabilities

Chinese Ships Make First RIMPAC Naval Drill Appearance In Decades

On July 17, 2014 By Bloomberg
After 43 years of watching the world’s largest multinational naval exercises take place off Hawaii, China has the second-largest fleet at the U.S.-led drills this year, offering it a step toward the great-power parity it seeks in the Pacific.
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msc london

MSC and Maersk Boost Asia-Europe Capacity as More ULCVs are Launched

On July 17, 2014 By The Loadstar
By Mike Wackett, With the usual aversion to publicity relating to its fleet, Mediterranean Shipping Company, the world’s second-biggest ocean carrier, quietly took delivery of. the MSC London, the first [...]
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Ras Tanura Sea Island Terminal saudi aramco

Saudi Crude Exports in May Fell to Lowest Since 2011

On July 17, 2014 By Bloomberg
Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and power plants also increased consumption, official data showed.
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Screen Shot 2014-07-17 at 11.44.50 AM

KCA Deutag’s Ben Rinnes Heading to Angola

On July 17, 2014 By Rob Almeida
Aberdeen-based drilling contractor KCA Deutag announced today their jack-up rig Ben Rinnes has been awarded a two-year, $170 million contract by Sonangol Pesquisa e Produção, S.A. The contract comes with [...]
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Coast Guard safely transfers 118 people off grounded casino boat

Coast Guard Evacs 118 From Stranded Casino Ship – PHOTOS

On July 17, 2014 By Mike Schuler
Apparently the house doesn't always win.
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