Tuesday, July 3, 2012
Man Overboard! The Story of a Highly Unlikely Rescue [VIDEO]
Multimedia

Man Overboard! The Story of a Highly Unlikely Rescue [VIDEO]

[vimeo]http://vimeo.com/45095252[/vimeo] Maersk Line shared this story with us this afternoon of Tanawoot Pratoom, a painter on board the container ship Maersk

July 3, 2012
Total Views: 64

sherpa peregrine drillship tow
Blog

Ship Photo of The Day – Towing a Drillship

This week’s Ship Photo comes to us via Fairmount Marine, the Netherlands-based ocean towage and heavy lift transportation company operating a fleet of

July 3, 2012
Total Views: 183

energy strait hormuz oil iran
News

Crude Prices Spike After Latest Threats from Iran

(Dow Jones) Oil prices were solidly higher Tuesday morning on revived tensions over the Iranian nuclear program and renewed speculation about more Central Bank

July 3, 2012
Total Views: 20

Queen Elizabeth 2 to Anchor Port Rashid Makeover
Blog

Queen Elizabeth 2 to Anchor Port Rashid Makeover

By Asa Fitch Dubai’s decision to turn the Queen Elizabeth 2 into a floating hotel has ended years of uncertainty about the fate of an asset snapped up at

July 3, 2012
Total Views: 33

B.Delta25 Bulk Carrier Guangzhou Wenchong shipyard deltamarin
Engineering News

Guangzhou Wenchong Shipyard Contracts Deltamarin to Design 28k DWT Bulk Carrier

Deltamarin has entered into a contract with CSSC / Guangzhou Wenchong Shipyard Co. Ltd. (China) for the design of B.Delta25 bulk carriers. This is the first

July 3, 2012
Total Views: 146

Industri Energi
News

Statoil Losing $34 Million Per Day, Norwegian Offshore Workers Continue Strike

STOCKHOLM–Offshore workers in Norway, western Europe’s largest oil producer and exporter, Tuesday decided not to step up a strike that has already

July 3, 2012
Total Views: 25

BW Denise
News

Great Eastern Shipping Adds a Very Large Gas Carrier to their Fleet

India’s Great Eastern Shipping Company Limited has signed a contract today to buy a Very Large Gas Carrier (VLGC) of about 49,700 dwt (75,000 cbm). The

July 3, 2012
Total Views: 88

edith maersk
News

Greek Shipowner Goes All In, Places $1.2 Billion Containership Newbuild Order

In their Q1 report, Maersk Line reported a 9 percent decline in freight rates along with a 31 percent increase in bunker rates.  This added up to a billion

July 3, 2012
Total Views: 53

Monday, July 2, 2012
Hawaiian Jones Act Carrier Matson Cut Loose on NYSE

Hawaiian Jones Act Carrier Matson Cut Loose on NYSE

West Coast jones act carrier Matson on Monday began trading on the NYSE as its own independent company and brand after changing it’s name officially from

July 2, 2012
Total Views: 58

us department of defense
News

Wicked Payday for American Shipping Companies

Maersk Line Limited, and 10 other US-based shipping companies were awarded nearly $5.9 billion in contracts today by the US Department of Transportation for

July 2, 2012
Total Views: 39

Offshore

Arctic Dynamic Positioning R&D Project Gets $3.2 Million Go Ahead

The final piece of a CAD $8.5 million research project to improve DP operations in ice fell into place on May 23, 2012 when the Government of Canada announced

July 2, 2012
Total Views: 25

mv dione panamax bulk carrier diana shipping
News

Diana Shipping Signs Two-Year Charter Contract for Panamax Bulk Carrier

ATHENS, GREECE – International dry bulk shipping company, Diana Shipping Inc. (NYSE: DSX), announced today that it has entered into a time charter

July 2, 2012
Total Views: 71

Iran Drafts Bill to Block Straits of Hormuz Following Embargo

Iran Drafts Bill to Block Straits of Hormuz Following Embargo

LONDON–Iran has drafted a bill to block the Strait of Hormuz for oil tankers from states that support oil sanctions, an Iranian lawmaker said Monday. In

July 2, 2012
Total Views: 14

FPSO Petróleo Nautipa
News

FPSO Petróleo Nautipa Receives Contract Extension Offshore Gabon

BW Offshore and Fred Olsen Production have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo

July 2, 2012
Total Views: 42

far scotsman farstad stx osv langsten
News

Destined for the North Sea Market. STX OSV Delivers the Far Scotsman

Originally ordered in November 2010, the STX OSV Langstan-built Far Scotsman (STX PSV08 CD) was delivered today to Farstad Shipping Limited and is slated to

July 2, 2012
Total Views: 26

COSCO Zhoushan Shipyard Delivers New Bulk Carrier
News

COSCO Zhoushan Shipyard Delivers New Bulk Carrier

COSCO Corporation (Singapore) Limited announced today that COSCO Zhoushan Shipyard Co., a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co.,

July 2, 2012
Total Views: 64

CMA CGM Sells Luxury Cruise Ship Arm

CMA CGM Sells Luxury Cruise Ship Arm

Container shipping giant CMA CGM announced plans Monday to sell it’s luxury cruise line La Compagnie du Ponant to a European private equity firm.

July 2, 2012
Total Views: 202

mv clipper glory
News

Seanergy Bulker Receives New Time Charter

ATHENS – Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today that they have entered into new time charter agreement for one of their

July 2, 2012
Total Views: 30

Dockwise Takes Another Bite out of Fairstar, Increases Shareholdings to 80.4%
Finance

Dockwise Takes Another Bite out of Fairstar, Increases Shareholdings to 80.4%

Breda, the Netherlands, Dockwise announced today that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the

July 2, 2012
Total Views: 31

neptune orient lines building singapore
News

NOL Employees Left Scratching their Heads, Office Building to be Sold

SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

July 2, 2012
Total Views: 129