Monday, February 4, 2013
bulk carrier capesize
News

Freight Rates for Bulk Carriers May Triple as Fleet Expansion Slows

By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels

February 4, 2013
Total Views: 499

CMA CGM Marco Polo Completes Maiden Voyage

CMA CGM Marco Polo Completes Maiden Voyage

French shipping group, CMA CGM, on Monday confirmed that on January 24, the CMA CGM Marco Polo arrived in Ningbo, China, marking the last stop in her maiden

February 4, 2013
Total Views: 77

WATCH – Largest Glacier Calving Ever Captured on Film
Blog

WATCH – Largest Glacier Calving Ever Captured on Film

On May 28, 2008, Adam LeWinter and Director Jeff Orlowski filmed a historic breakup at the Ilulissat Glacier in Western Greenland. The calving event lasted for

February 4, 2013
Total Views: 185

noaa opc significant wave height analysis
Marine Weather

Storm Rages North of Scotland With 17 Meter Significant Wave Heights

An intense hurricane force storm is forecast to move from south of Iceland towards the coast of Norway on Monday with a large area of winds forces 10-12 (50-70

February 4, 2013
Total Views: 47

vlcc supertanker

VLCC Rates Have Second-Biggest 2013 Gain on Charters

By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers had this year’s second-biggest increase on stronger bookings of ships to haul

February 4, 2013
Total Views: 96

harpreet singh merchant mariner sailor
Blog

Fear, Threats And Bad Food: Life Aboard A Sanctions-Hit Iranian Ship

By Anupama Chandrasekaran CHENNAI, India, Jan 30 (Reuters) – The eight Indian crew members on board the MV Amina had no inkling they were trapped on the

February 4, 2013
Total Views: 24

MT Gascogne
News

French Tanker Hijacked Off Ivory Coast

Update: Port officials from the port of Abidjan have confirmed that the M/T Gascogne was in fact hijacked by pirates while in international waters. Ivory Coast

February 4, 2013
Total Views: 50

stena bulk product tanker IMOMAx
News

Stena Bulk and Golden Agri-Resources Form Product Tanker Joint Venture

Stena Bulk A/B and palm oil production giant Golden Agri-Resources Ltd (GAR) announced today they have set up a new 50-50  joint venture to take over four

February 4, 2013
Total Views: 121

qatargas duhail lng carrier
News

Once an Exporter, Egypt Will Soon be Importing Liquefied Natural Gas

Egypt will award a license to import liquefied natural gas within two weeks as the nation’s users prepare to buy in the fuel for the first time. Egyptian

February 4, 2013
Total Views: 21

misc berhad lng carrier
Finance

MISC Berhad Makes Biggest Jump in 14 Years on Takeover Offer

(Bloomberg) — MISC Bhd., the world’s second-largest liquefied natural gas shipper, surged the most in more than 14 years in Kuala Lumpur stock

February 4, 2013
Total Views: 152

Peter Hinchliffe
News

Int’l Chamber of Shipping Calls Bullsh*t on Suez Canal Toll Increases

With the shipping industry facing its toughest market conditions seen in about a quarter century, the London-based International Chamber of Shipping (ICS)

February 4, 2013
Total Views: 34

arctic antarctic iceberg polar ice ocean
News

Environmentalists Say Arctic Nations’ Oil Spill Plans are Too Vague and Little Practical Value

By Environment Correspondent Alister Doyle OSLO, Feb 4 (Reuters) – Plans by Arctic nations to start cooperating over oil spills are vague and fail to

February 4, 2013
Total Views: 36

Sunday, February 3, 2013
smit borneo crane barge
Marine Salvage

SMIT Borneo Crane Barge Arrives in the Philippines

The Crane barge, SMIT Borneo, arrived off the coast of Palawan province in the Philippines from Singapore today.  This vessel will be used to remove USS

February 3, 2013
Total Views: 168

East Coast Dock Workers Agree to New Contract Eliminating Strike Concerns
Ports

East Coast Dock Workers Agree to New Contract Eliminating Strike Concerns

By Brooke Sutherland (Bloomberg) — The International Longshoremen’s Association agreed to a new labor contract, ending 11 months of negotiations

February 3, 2013
Total Views: 42

Saturday, February 2, 2013
Emma Maersk Takes on Water Near Suez Canal, But is NOT in Danger of Sinking
Interesting

Emma Maersk Takes on Water Near Suez Canal, But is NOT in Danger of Sinking

UPDATE: Emma Maersk out for months, Maersk Line says. Original: The mighty Emma Maersk, once the world’s largest containership by TEU capacity, was

February 2, 2013
Total Views: 342

M/V saigon queen
News

Body Found in Maldives, Identified as Crewmember from Sunken M/V Saigon Queen

Skeletal remains, blue coveralls, and a sun-bleached life jacket emblazoned with the words SAIGON QUEEN were recently found on a beach in the Maldives.

February 2, 2013
Total Views: 27

Friday, February 1, 2013
British Progress BP VLCC Very Large Crude Carrier
News

For VLCC Owners, “Another Week of Pain Beckons”

(Bloomberg) — Losses widened for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, as a surplus of

February 1, 2013
Total Views: 102

piracy gulf of guinea benin
Piracy

Reexamining the Gulf of Guinea: Fewer Attacks, Better Pirates

By James M. Bridger, Along with the release of the International Maritime Bureau (IMB)’s 2012 piracy report come the onslaught of analysts seeking to

February 1, 2013
Total Views: 48

nils s. anderson
Multimedia

Maersk Group CEO on Chinese Imports – Most Dynamic Trade Development in the World [INTERVIEW]

In an interview with CNN, Maersk Group CEO Nils Anderson discusses the ever-changing, and difficult world of global shipping and the newly evolving Chinese

February 1, 2013
Total Views: 42

iron ore port hedland bhp billiton
News

Ore, Coal Arbitrages Seen Exceeding Chinese GDP for Ship Demand

(Bloomberg) — Price arbitrages that make it profitable for traders to ship coal and iron ore to China may become more important in determining ship

February 1, 2013
Total Views: 31