Friday, July 20, 2012
medium range tanker transpetrol
News

Bookings for MR Tankers On the Rise as Gasoline Inventories Dwindle

(Bloomberg) — Gasoline shipments across the Atlantic Ocean from Europe may increase after inventories of the auto fuel on the U.S. East Coast reached

July 20, 2012
Total Views: 40

Thursday, July 19, 2012
Engineering News

ABB Acquires Amarcon to Expand Marine Software Offering

ABB, the leading power and automation technology group, has agreed to acquire Amarcon BV, a Dutch company that develops and markets software solutions for the

July 19, 2012
Total Views: 41

Weekly Piracy Report: West African Hooligans
Piracy

Weekly Piracy Report: West African Hooligans

Weekly Incident by Region: July 12-18 WEST AFRICA: BENIN: Bulk carrier was boarded on 17 July at 06:17 N – 002:28 E, approximately 1 nm off fairway buoy,

July 19, 2012
Total Views: 38

Press Releases

Smit Lamnalco Donates $100K to Seafarers Support Vessel

Smit Lamnalco, a leading provider of towage and associated marine services to the oil and gas industries, is donating $50,000 this year and again in 2013 to

July 19, 2012
Total Views: 17

Engineering News

Wärtsilä to Supply Main Engines for Nine New Ships for Kuwait Oil Tanker

Wärtsilä, the marine industry’s leading system integrator, will supply the main engines for a series of vessels being built for Kuwait Oil Tanker

July 19, 2012
Total Views: 55

Engineering News

Fairstar Confirms Construction of Third Newbuild Vessel

Fairstar Heavy Transport confirmed today that on 3 May 2011 Fairstar had entered into a Shipbuilding Contract with a face value of USD 110 million with China

July 19, 2012
Total Views: 36

Engineering News

Hyundai Heavy to Construct World’s Largest Spar Hull

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it was awarded a Letter of

July 19, 2012
Total Views: 27

Disaster Strikes Twice in Tanzania: 38 Confirmed Killed, 100 More Missing in Latest Ferry Sinking
Incidents

Disaster Strikes Twice in Tanzania: 38 Confirmed Killed, 100 More Missing in Latest Ferry Sinking

In a country already reeling from a ferry disaster that killed more than 200 people just months ago, 38 people have been confirmed dead and more than 100

July 19, 2012
Total Views: 85

Photos Reveal Damage to MSC Flaminia After Blast, Second Explosion Disrupts Firefighting [UPDATED]
Interesting

Photos Reveal Damage to MSC Flaminia After Blast, Second Explosion Disrupts Firefighting [UPDATED]

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Update 1: Firefighting operations on MSC

July 19, 2012
Total Views: 230

Wartsila-Sulzer RTA96-C turbocharged two-stroke diesel engine
Engineering News

Wärtsilä Falls Short of Estimates as Engine Deliveries Stall

(Bloomberg) — Wärtsilä Oyj, the world’s biggest maker of ship motors and power plants, fell the most in a year as customers postponed

July 19, 2012
Total Views: 234

italy offshore oil fields
News

Nearly Broke, Italy Looks to Restart Economy By Ending Offshore Drilling Ban

(Bloomberg) — Mario Monti’s government is trying to attract as much as $18 billion in investment to Italy by relaxing a ban on offshore oil and

July 19, 2012
Total Views: 228

vietnam indian flags india petrovietnam ongc
News

India’s ONGC Will Continue to Explore Offshore Vietnam, Much to China’s Discontent

NEW DELHI–India’s state-run Oil & Natural Gas Corp. (500312.BY) will continue to explore for oil and gas offshore Vietnam in the South China

July 19, 2012
Total Views: 69

torm
Finance

Crushed By Debt, Torm Responds to Latest Claims By Danish Media

COPENHAGEN–Financially-troubled Danish shipper Torm A/S (TORM.KO) said Thursday it is still in talks to seal a long-term debt refinancing deal that

July 19, 2012
Total Views: 8

Wednesday, July 18, 2012
Exxon Valdez Still Fighting on Death Row
Blog

Exxon Valdez Still Fighting on Death Row

The M/V Oriental Nicety, aka the Exxon Valdez, is due to appear in front of India’s Supreme Court on Thursday to determine whether or not the vessel is

July 18, 2012
Total Views: 67

Gairsoppa silver
News

Deep Water Treasure Hunters Recover 48 Tons of Silver from WWII Cargo Ship

(Bloomberg) — Odyssey Marine Exploration Inc., a deep-ocean exploration company, said it recovered about 48 tons of silver from a World War II shipwreck

July 18, 2012
Total Views: 367

Documenting the Use of Deadly Force [OP/ED]
Blog

Documenting the Use of Deadly Force [OP/ED]

By Kevin Sorbello Every ship has a right to defend itself from attack.  Fire hoses, LRAD systems, small arms, professional security teams, or military

July 18, 2012
Total Views: 73

aground ship grounding shore accident
Incidents

T/S Empire State Gives a Little Love to an Azorean Jetty [INCIDENT PHOTO]

In mid-May, the SUNY Maritime training ship, Empire State, paid a visit to the Azores and left a bit of their bottom paint on the jetty.  This image was

July 18, 2012
Total Views: 63

Déjà Vu: Ferry Sinks Off Zanzibar Coast [UPDATED]

Déjà Vu: Ferry Sinks Off Zanzibar Coast [UPDATED]

Update 2: 38 Confirmed Killed, 100 More Missing in Latest Ferry Sinking Update 1: At least 24 people have been killed and dozens more missing according to BBC.

July 18, 2012
Total Views: 55

chinese guided missile frigate
News

Hijacked Crew of Fishing Vessel Rescued After 18 Months of Pirate Control

(Bloomberg) — China secured the release of a 26- man crew aboard a Taiwanese fishing boat that was captured by Somali pirates more than 18 months ago,

July 18, 2012
Total Views: 39

front chief vlcc frontline tanker crude oil
News

US and China Sit on Huge Stockpile of Crude as VLCC Charters Hit 17-Month Low

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month

July 18, 2012
Total Views: 36