By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years. Rates have rallied so high that a secondhand supertanker could theoretically pay for itself in a couple of voyages, according to estimates from Clarkson […]
Breaking News
ITF Calls on France to Continue Search for Bourbon Rhode Crew
The International Transport Workers’ Federation has joined Ukrainian and Croatian maritime unions in demanding that the search for seven missing Bourbon Rhode seafarers continues in the mid-Atlantic. The Luxembourg-flagged Bourbon Rhode sank on September 26 after becoming caught in Hurricane Lorenzo, a category 4 hurricane at the time. At the time of the incident, the […]
Wärtsilä, Norsepower Team Up on Rotor Sails
Finnish technology group Wärtsilä has teamed up with Finnish rotor sail propulsion specialist Norsepower to pursue energy-saving rotor sail projects in the commercial maritime industry. The service cooperation agreement expands the global wind propulsion service network by allow Norsepower to order service work from Wärtsilä, while Wärtsilä can pursue and sell Norsepower Rotor Sail systems with […]
Cargo Ship Runs Aground in Corsica
Authorities in France are responded to the grounding of a cargo ship on the island of Corsica early Sunday morning. The 90-meter M/V Rhodanus with seven people on board was underway to Port-Saint-Louis-du-Rhone when it ran aground at around 3 a.m. local time near the town of Bonifacio despite repeated calls from the Regional Operational […]
China Wants More Talks Before Signing Trade Deal With Trump
By Bloomberg News (Bloomberg) — China wants to hold more talks this month to hammer out the details of the “phase one” trade deal touted by Donald Trump before Xi Jinping agrees to sign it, according to people familiar with the matter. Beijing may send a delegation led by Vice Premier Liu He, China’s top […]
Transform Your Smart Phone
No matter how far the work takes you, the Globalstar Sat-Fi2 Remote Antenna Station (RAS) keeps you connected when cellular service is unavailable by transforming your smart device into a satellite device. The multi-functional Sat-Fi2 RAS provides reliable satellite communications from inside the cabin with the ability to talk, text or email via satellite Wi-Fi. […]
Overturned Golden Ray to Be Cut Up in Place in St. Simons Sound
Officials overseeing the salvage of the overturned Golden Ray in Brunswick, Georgia have opted to dismantle the vessel in place in lieu of refloating it due to environmental concerns. The new plan will inevitably ensure the timeline for removing the vessel will be measured in months, if not longer. The Unified Command says experts engaged […]
