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Schettino, the captain of the Costa Concordia cruise liner, arrives at Giglio harbour

PHOTOS: Disgraced Captain Francesco Schettino Returns to Costa Concordia

On February 27, 2014 By Mike Schuler
Francesco Schettino, former captain of the Costa Concordia cruise liner, returned to the ship on Thursday for the first time since it sank just over two years ago with the loss of 32 lives.
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front shanghai frontline vlcc tankers

Three Straight Years of Losses for Frontline Tankers

On February 27, 2014 By Rob Almeida
For the world’s largest crude oil tanker company, 2013 was another year of losses.  Frontline Tankers reported today their third yearly net loss in a row with negative results of [...]
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Schettino, the captain of the Costa Concordia cruise liner, boards a ferry as he leaves Giglio harbour

Two Years Later, Costa Concordia’s Former Captain Returns Aboard

On February 27, 2014 By Reuters
The captain of the Costa Concordia, Francesco Schettino, went back on board on Thursday for the first time since the huge cruise liner sank with the loss of 32 lives just over two years ago, accompanying experts investigating the capsize.
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MV Maersk Mc-Kinney Moller

Maersk Line Profit Drops as Rates to Ship Containers Fall to Historic Lows

On February 27, 2014 By Bloomberg
Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as spending reductions weren’t able to counter a decline in freight [...]
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yangzijiang shipbuilding

For Yangzijiang Shipbuilding, Mega Container Ships are Their “Signature Product”

On February 27, 2014 By Reuters
Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating costs.
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Espadon Jurong Drillship Design

Transocean Orders $1.2 Billion in New Drillships

On February 26, 2014 By Rob Almeida
Transocean, the Switzerland-based offshore drilling contractor which has seen its share price dragging along the bottom of its 52-week low recently, has just announced plans to upgrade its fleet with [...]
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An illustration of TOTE's Marlin-class. Image (c) TOTE

Steel Cut for World’s First LNG-Powered Containership

On February 26, 2014 By Mike Schuler
Construction is officially underway on the world's first liquefied natural gas (LNG)-powered containership at the General Dynamics NASSCO shipyard in San Diego, California.
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MV Mokpo Star (c) MarineTraffic.com/Michael R. Thom

Unauthorized Maneuver Leads to Columbia River Cargo Ship Grounding

On February 26, 2014 By Mike Schuler
A 739-foot cargo ship ran aground Tuesday in the Columbia River while attempting an unauthorized maneuver to adjust their position in the river, the U.S. Coast Guard says.
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salt pile rock winter

New Jersey Senators Defend Jones Act in Salt Shortage Crisis

On February 26, 2014 By Mike Schuler
New Jersey Senators Robert Menendez (D-NJ) and Cory Booker (D-NJ) have released a joint-statement today in defense of the Jones Act after it was wrongfully blamed for a shortage of road salt in New Jersey.
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suez canal

Suez Canal Terrorists Receive Death Sentences

On February 26, 2014 By Rob Almeida
An Egyptian court handed down death sentences to all but one of the 26 perpetrators involved in an alleged scheme to form a terrorist group and to attack the Suez [...]
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subsea 7 seven waves pipelay vessel

SPOTD: Seven Waves’ New High Capacity Pipelay Tower

On February 26, 2014 By Rob Almeida
Last October, Subsea 7′s new pipelay vessel Seven Waves, arrived at Huisman Schiedam to receive its 550 metric ton flex-lay system and 400 metric ton active heave compensated offshore mast [...]
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Coast Guard Commandant Adm. Bob Papp delivers the 2014 State of the Coast Guard Address in the Cmdr. Ray Evans Conference Center at the Douglas A. Munro Coast Guard Headquarters Building in Washington, Feb. 26, 2014. U.S. Coast Guard Photo

Papp Delivers 2014 State of The Coast Guard Address – TRANSCRIPT

On February 26, 2014 By gCaptain Staff
U.S. Coast Guard Commandant Admiral Bob Papp on Wednesday delivered his final State of the Coast Guard address at Coast Guard Headquarters at St. Elizabeths Campus in Washington, D.C.
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