By Erwin Seba HOUSTON, July 15 (Reuters) – U.S. oil companies on Monday began restoring some of the nearly 74% production that was shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the U.S. offshore drilling regulator said. There were 1.3 million barrels per day (bpd) of oil production offline in the U.S.-regulated […]
Breaking News
Incident Video: Crane Collapses After Being Struck By Ship
A large crane collapsed suddenly after it was struck by a ship at the Port of Tanjung Emas in Indonesia on Sunday. According to reports, the Panama-flagged container ship Soul of Luck was docking when it struck the crane. A video containing several viewpoints of the incident was posted online and has picked up thousands […]
Carr: Boeing C-17 Aircraft Goes to Sea
By Michael Carr – A Boeing C-17 cargo aircraft is a big aircraft, with a wingspan of 169 ft., and length of 174 ft. Her fuselage width is 20 ft. and height is over 12 ft. One hundred and two fully equipped Army paratroopers can fit inside the cargo area. Hundreds of these aircraft were […]
Photos: BOKA Vanguard Loads Carnival Cruise Ship for Dry Docking
The cruise ship Carnival Vista has been loaded onto the deck of semi-submersible heavy lift vessel BOKA Vanguard for its dry dock repairs in Freeport, Bahamas. The Dutch owner of the vessel, Royal Boskalis Westminster, said the loading operation commenced on Saturday a few miles of fthe coast of Freeport. The operation, including the refloat, […]
Trade War Hits Panama Canal Revenues
By Michael McDonald (Bloomberg) – The trade tension between the U.S. and China is making waves at the Panama Canal. Cargo from the U.S. to China going through the key waterway has slumped this year as the Asian giant cuts its imports of American food and fuel, according to Panama Canal Authority CEO Jorge Luis […]
ADMIRALTY Vector Chart Service (AVCS) now available online to support shore-based decision making
The UK Hydrographic Office (UKHO) has launched an online version of its ADMIRALTY Vector Chart Service (AVCS) to support shore-based decision making. The introduction of AVCS Online follows significant demand for a solution for vessel tracking and route planning from shore-based staff. The new service gives superintendents and planning teams access to more than 15,000 […]
Baltic Dry Index Hits 5-1/2 Year High
July 15 (Reuters) – The Baltic Exchange’s main sea freight index hit a five-and-a-half-year high on Monday on the back of strong demand for capesize vessels shipping iron ore. * The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 3.4%, or 63 points, to 1,928, its highest since January 2014. The […]