Hundreds Evacuated from Luxury Cruise Ship After Engine Room Fire

Le Boreal

Update: Photos and Video Show 'Complex' Rescue Some 347 passengers and crew members were evacuated from a French luxury cruise ship early Wednesday near the Falkland Islands following an engine room fire. The fire broke out at about 2 a.m. onboard Ponant’s Le Boreal as the ship sailed from Grave Cove to South Georgia, according to Cruise Law News. A statement from the … [Read more...]

Japanese Whalers Fined $1 Million in Australia

yushin maru whaling japanese cetacean research sea shepherd

Australia has fined a Japanese whaling company $1 million for continuing its illegal whale hunts in the Australian whale sanctuary in the Southern Ocean despite a court order ordering it to stop.  The $1 million fine was handed down in Australian federal court as part of a contempt case against the Japanese whaling company Kyodo Senpaku Kaisha.  The … [Read more...]

Plunge in Norway’s Oil Investments Could Hurt Economy

Photo: Shutterstock/Wisit Tongma

OSLO, Nov 18 (Reuters) - Investments in Norway's oil and gas sector will drop by almost 40 percent from 2014 to 2017, an industry lobby group predicted on Wednesday, a larger-than-expected decline that could hurt the country's economy. Oil companies have curtailed spending as crude prices have more than halved since mid-2014, putting the brakes on Norwegian growth. Oil and … [Read more...]

STX Offshore & Shipbuilding Fighting for Survival

Photo: Lappino

South Korean shipbuilder STX Offshore & Shipbuilding is taking drastic measures to ensure its survival beyond mid-2016 as newbuild orders plunge and the cash-strapped company struggles to deliver those orders still remaining, according to reports. STX chief executive Lee Byung-mo sounded the alarm in an email to employees this week obtained by the Korean Herald, … [Read more...]

U.K. North Sea Oil Decommissioning Costs Set to Rise, Group Says

Photo: Shutterstock/claffra

By Angelina Rascouet (Bloomberg) -- The cost of dismantling oil production facilities in the U.K. North Sea over the next decade will be higher than previously forecast as more fields are scheduled to halt production, according to a group representing the British industry. Decommissioning costs will rise to £16.9 billion ($25.7 billion) for the 10 years to 2024, compared … [Read more...]

With Piracy Threat Faded, Kenya Plans Cruise Ship Rebirth

Photo: Shutterstock/Olga Gavrilova

By Joseph Akwiri MOMBASA, Nov 18 (Reuters) - East Africa's biggest port of Mombasa will spend 100 million shillings ($980,392.16) to build a new cruise ship terminal aimed at boosting tourism, port management said on Wednesday. Piracy in the Gulf of Aden and the Indian Ocean struck a major dent into cruise tourism in the region, but the industry has rebounded since 2011, … [Read more...]

ClassNK Approves LNG-Fueled Bulk Carrier Design

bulk carrier

Tokyo-based international classification society ClassNK has granted Approval in Principle (AIP) to a 98,000 DWT bulk carrier fueled by LNG. The concept design was developed by Maritime Innovation Japan Corporation. The vessel will be fitted with a 2,000 M3 capacity IMO Type B LNG tank and fuel supply system, with main engine and main generator engines that will operate … [Read more...]