Wednesday, February 27, 2013
Bergen group bmv Laksevåg
Engineering News

Bergen CEO Considers Further Shipyard Sales After Lucrative Rosenberg Deal

(Bloomberg) — Bergen Group ASA, a Norwegian shipbuilder and offshore services company, would consider offers for one or both of its two remaining

February 27, 2013
Total Views: 104

keppel fels shipyard tuas
News

Keppel Offshore & Marine Wins $460 Million in Shipyard Construction Projects

In the past 24 hours, Singapore-based shipbuilder Keppel Offshore & Marine has added $460 million to their backlog with 5 new projects. The orders consist

February 27, 2013
Total Views: 314

LNG Shipping Rates Will Likely Drop as Fleet Growth Surpasses Demand Through 2016
News

LNG Shipping Rates Will Likely Drop as Fleet Growth Surpasses Demand Through 2016

(Bloomberg) — Rates to ship liquefied natural gas will decline over the next three years as trade fails to keep pace with the construction of new

February 27, 2013
Total Views: 26

sea shepherd
Interesting

Paul Watson and Sea Shepherd Are Pirates, U.S. Court Says

A United States Court of Appeals has confirmed what many mariners have been saying for years: that Paul Watson and the Sea Shepherd Conservation Society are

February 27, 2013
Total Views: 428

Tuesday, February 26, 2013
From Dynamite to Deconstruction, or How to Remove Ships from Coral Reefs
Blog

From Dynamite to Deconstruction, or How to Remove Ships from Coral Reefs

By Doug Helton, NOAA On January 17, 2013, the Navy mine countermeasures ship USS Guardian ran aground on a coral reef in the Philippines. Salvage experts

February 26, 2013
Total Views: 170

PIL Sentenced to Pay $2.2 Million for Environmental Crimes

PIL Sentenced to Pay $2.2 Million for Environmental Crimes

A federal judge in Washington, D.C. this week sentenced the Singapore-based container shipping company, Pacific International Lines (PIL), to pay $2.2 million

February 26, 2013
Total Views: 99

Camisea project lng terminal
News

Shell Expands LNG Portfolio in the Americas, Closes $4.4 Billion Asset Deal

(Bloomberg) — Royal Dutch Shell Plc, the world’s largest supplier of liquefied natural gas, agreed to buy LNG assets from Repsol SA for $4.4

February 26, 2013
Total Views: 37

BP Profit Push ‘Root Cause’ of Gulf Oil Spill, Witness Says
Interesting

BP Profit Push ‘Root Cause’ of Gulf Oil Spill, Witness Says

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc’s push to maximize profits and cut costs at the Macondo well was a “root

February 26, 2013
Total Views: 118

kensington vlcc tanker supertanker knightsbridge
News

Morgan Stanley: Supertankers Will Remain Unprofitable for at Least Two More Years

(Bloomberg) — The largest oil tankers will remain unprofitable for at least two more years as the fleet overwhelms slowing demand for crude imports,

February 26, 2013
Total Views: 262

Sailors Rescue Stranded Dog from Ice [VIDEO]
Blog

Sailors Rescue Stranded Dog from Ice [VIDEO]

Here is a feel good video to brighten up your day… … feel better? Via Sun

February 26, 2013
Total Views: 65

armada tuah 101
News

Kidnapped Sailors Released Unharmed and Without Ransom [UPDATE]

YENAGOA, Nigeria (Reuters) – Six foreign sailors were freed unharmed overnight by pirates who seized them off the coast of Nigeria’s oil-producing

February 26, 2013
Total Views: 20

Australia’s Top Iron Ore Port Braces For Direct Cyclone Hit
News

Australia’s Top Iron Ore Port Braces For Direct Cyclone Hit

Update: Tuesday updates show Rusty not deepening as fast as earlier forecasts, now expected to have max winds of 80 knots as it makes landfall just ENE of Port

February 26, 2013
Total Views: 40

Leycothea tanker vlcc
News

Iran Said To Deploy Ageing Foreign Tankers to Avoid Sanctions

By Jonathan Saul LONDON (Reuters) – Iran is using old tankers, saved from the scrapyard by foreign middlemen, to ship out oil to China in ways that avoid

February 26, 2013
Total Views: 55

singapore LNG import jetty
News

Singapore Trading Hub May Put Cap on Costliest LNG, IEA Says

(Bloomberg) — Singapore is the most likely hub for trading liquefied natural gas and reducing the government interference that keeps Asia’s prices

February 26, 2013
Total Views: 82

Monday, February 25, 2013
Emma Maersk Reaches Fincantieri Repair Yard in Palermo
Interesting

Emma Maersk Reaches Fincantieri Repair Yard in Palermo

The disabled Emma Maersk has been successfully delivered to a Fincantieri yard in Palermo, Sicily, where she will undergo repairs to fix a broken stern

February 25, 2013
Total Views: 129

Bounty Hearings
Blog

The Whole Truth – Bounty Hearings – Day 8

What happened to Bounty on the morning of October 29th, 2012? Finding out what went wrong and why, when things happened or didn’t, and who said what to

February 25, 2013
Total Views: 486

Capesize Rates Seen Doubling on China Iron-Ore Reserves

Capesize Rates Seen Doubling on China Iron-Ore Reserves

By Isaac Arnsdorf and Rob Sheridan (Bloomberg) — Shipping rates for iron ore are poised to double next quarter as Chinese steelmakers import extra

February 25, 2013
Total Views: 46

Body Found Among Mysterious Debris Field Off Florida
Incidents

Body Found Among Mysterious Debris Field Off Florida

A high seas hit-n-run? We certainly hope not… The U.S. Coast Guard is seeking information from the public to help identify the source of a large debris

February 25, 2013
Total Views: 238

Cyclone ‘Rusty’ Expected to Cause Major Disruptions at Australian Iron Ore Ports
Uncategorized

Cyclone ‘Rusty’ Expected to Cause Major Disruptions at Australian Iron Ore Ports

By James Regan SYDNEY, Feb 25 (Reuters) – World trade in iron ore faces major disruptions as a cyclone bears down on Western Australia, shutting port

February 25, 2013
Total Views: 36

Tanker Rates Seen Climbing on Surge in Charters to U.S.

Tanker Rates Seen Climbing on Surge in Charters to U.S.

By Michelle Wiese Bockmann (Bloomberg) — Charters of oil tankers to haul crude to the U.S., the world’s biggest importer, jumped 65 percent during

February 25, 2013
Total Views: 26