Wednesday, November 7, 2012
Paragon Shipping Delays Newbuild Deliveries

Paragon Shipping Delays Newbuild Deliveries

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay

November 7, 2012
Total Views: 18

Norovirus Outbreak Takes Down 350 On Celebrity Constellation

Norovirus Outbreak Takes Down 350 On Celebrity Constellation

A Celebrity Cruises cruise ship has been delayed in Southhampton after 350 passengers came down with suspected cases of the industry’s most feared

November 7, 2012
Total Views: 83

Sea Shepherd Kicks Off Drama Filled Anti-Whaling Campaign
Uncategorized

Sea Shepherd Kicks Off Drama Filled Anti-Whaling Campaign

The notorious Sea Shepherd Conservation Society kicked off its 2012-2013 anti-whaling campaign this week as the society’s flagship SSS Steve Irwin-as in

November 7, 2012
Total Views: 118

kensington vlcc tanker supertanker knightsbridge
Finance

Knightsbridge Tankers Battered By Huge Impairment Losses and Abysmal Day Rates

Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets.  With

November 7, 2012
Total Views: 58

paul hilton humpback whale
News

South Korea Considers ‘Scientific’ Whaling, Greenpeace Responds

By Jeonghee Han, Greenpeace Last summer Korea shocked the international community by announcing it would start ‘scientific’ whaling. Surprised by

November 7, 2012
Total Views: 49

yemen lng terminal lngc
News

Need LNG? Yemen Is Looking for Buyers

Yemen plans to start negotiations with foreigner buyers of its liquefied natural gas to raise LNG prices in an effort to increase the impoverished

November 7, 2012
Total Views: 48

Safe Bristolia
Offshore

Safe Bristolia Accommodation Rig Awarded Contract by Elf Exploration UK

Prosafe has been awarded a contract by Elf Exploration UK Ltd for the provision of the Safe Bristolia accommodation support rig at the Elgin-Franklin Facility

November 7, 2012
Total Views: 72

floatel superior njord a platform
News

Workers Evacuate Floatel Superior Rig Off Norwegian Continental Shelf [UPDATE]

Workers on board the Floatel Superior operating on the Norwegian Continental Shelf had a rude awakening on Wednesday when they were forced to muster at their

November 7, 2012
Total Views: 117

Tuesday, November 6, 2012
Investors File Class Action Against Overseas Shipholding Group
Finance

Investors File Class Action Against Overseas Shipholding Group

After Overseas Shipholding Group, Inc. (NYSE:OSG) announced last month they were considering filing for Chapter 11 bankruptcy protection, their stock took a

November 6, 2012
Total Views: 32

Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested
Incidents

Owner of Missing Cargo Ship with 700 Tons of Gold Ore Arrested

The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been

November 6, 2012
Total Views: 128

martek marine
Press Releases

Korean Shipbuilders Place Significant Order for Martek Emissions Monitoring Systems

UK maritime equipment manufacturer Martek Marine has won a series of large orders for its MariNOx Evolution™ on-board emissions monitoring and engine

November 6, 2012
Total Views: 23

Diana Containerships Buys NOL Panamax for $30 Million

Diana Containerships Buys NOL Panamax for $30 Million

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, announced Tuesday that it has signed a

November 6, 2012
Total Views: 22

harad vlcc bahri
News

$1.3 Billion Merger Deal Signed, Vela and Bahri to Combine Tanker Fleets

At the end of June, the National Shipping Company of Saudi Arabia (Bahri) announced plans to merge with Saudi ARAMCO’s shipping arm, Vela International,

November 6, 2012
Total Views: 27

HMS Bounty Crewmembers Speak in an Exclusive Interview with ABC [VIDEO]
News

HMS Bounty Crewmembers Speak in an Exclusive Interview with ABC [VIDEO]

In an exclusive interview with ABC’s Good Morning America today, the crew of the ill-fated tall ship Bounty speak. Here’s what they had to say.

November 6, 2012
Total Views: 49

alexander the great vlcc supertanker
News

VLCC Market Oversupplied by Nearly 20 Percent, and Still Losing Money

(Bloomberg) — A glut of the largest oil tankers in the Persian Gulf was poised to remain unchanged for a second week, a Bloomberg News survey showed.

November 6, 2012
Total Views: 118

Port of Savannah Receives Final Approval to Go Deeper
Ports

Port of Savannah Receives Final Approval to Go Deeper

The Georgia Ports Authority (GPA) has received final approval for its long-awaited harbor deepening, which will allow the Port of Savannah to more efficiently

November 6, 2012
Total Views: 20

hms bounty fuel leak sinking uscg
News

The Disconnect Between Professional Mariners and Recreational Boaters over the Bounty Tragedy

Ever since the Bounty sank off Cape Hatteras last week a fiery online debate has literally raged. It’s a tragic event that pretty much everyone who has

November 6, 2012
Total Views: 62

wartsila 26 medium speed diesel engine
Engineering News

Wärtsilä Wins Kuwaiti Order for Over Two Dozen Marine Engines

Wärtsilä announced today the winning of a significant order from the Kuwait Oil Company to supply 28 engines for 14 new vessels under construction at

November 6, 2012
Total Views: 218

Monday, November 5, 2012
danaos corporation
Finance

Container Rate Increases Have Worked for Danaos, CEO John Costas Comments

With a fleet of 64 containerships aggregating 363,049 TEUs, Athens-based Danaos Corporation (NYSE: DAC) ranks among the largest containership charter owners

November 5, 2012
Total Views: 66

Coast Guard Crews Recount Heroic HMS Bounty Rescue – USCG
USCG

Coast Guard Crews Recount Heroic HMS Bounty Rescue – USCG

By LT Stephanie Young, Coast Guard Compass Blog As Hurricane Sandy approached land, the HMS Bounty and 16 sailors aboard were in dire need of help. More than

November 5, 2012
Total Views: 217