Wednesday, May 22, 2013
nils s. anderson
News

Maersk CEO: United States to Surpass China as Biggest Driver of Growth

May 22 (Bloomberg) — The U.S. will overtake Asia as the biggest driver of global growth this year while Europe’s turmoil is hurting trade flows,

May 22, 2013
Total Views: 51

cargotec
Engineering News

Cargotec CEO: Marine Unit To Be IPO-Ready By Year-End

By Terhi Kinnunen TAMPERE, Finland, May 22 (Reuters) – Finnish cargo handling equipment maker Cargotec’s marine unit will be ready to run

May 22, 2013
Total Views: 48

Tuesday, May 21, 2013
lng carrier us navy 5th fleet escort piracy
Multimedia

SPOTD – LNG Carrier Escorted by Combined Task Force 521

(May 21, 2013) – Combined Task Force 521 conducts convoy escort operations with a large natural gas tanker during International Mine Countermeasures

May 21, 2013
Total Views: 48

US Navy Freedom Class LCS
Navy

House Panel Backs U.S. Navy Plan Calling for 4 More LCS’ Next Year

A House defense panel has agreed with the U.S. Navy’s request to buy four additional Littoral Combat Ships in the fiscal year starting Oct.

May 21, 2013
Total Views: 19

EU Pledges $47 Million to Fight Piracy in Eastern and Southern Africa
Piracy

EU Pledges $47 Million to Fight Piracy in Eastern and Southern Africa

The EU has pledged some $47 to strengthen counter piracy efforts in several Eastern and Southern African countries, the European Commission announced

May 21, 2013
Total Views: 47

Offshore

Hercules Offshores Sells Majority of Inland Fleet

HOUSTON – Hercules Offshore (Nasdaq: HERO) on Monday announced that it has entered into an agreement for the sale of eleven inland barge rigs, which

May 21, 2013
Total Views: 68

NOAA Report Examines Oil Pollution Threat From Shipwrecks
News

NOAA Report Examines Oil Pollution Threat From Shipwrecks

Report identifies 36 shipwrecks that pose a "worst case" oil pollution threat to the U.S.

May 21, 2013
Total Views: 76

Jones Act Essential to Maintaining U.S-Flag Fleet
News

Jones Act Essential to Maintaining U.S-Flag Fleet

Kirby CEO: Jones Act is essential to the nation’s economic growth as well as its national and homeland security.

May 21, 2013
Total Views: 39

Carnival Declines Most in 16 Months on Lowered Forecast

Carnival Declines Most in 16 Months on Lowered Forecast

The lower forecast demonstrates the continuing fallout from several incidents at sea involving ships operated by Miami-based Carnival that attracted news

May 21, 2013
Total Views: 30

EU Tightens Offshore Oil Regulation
Offshore

EU Tightens Offshore Oil Regulation

The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s 2010 spill in

May 21, 2013
Total Views: 38

tsunami wave ocean
Engineering News

Shipowners and Crew Alike Find the Regulatory “Tsunami” a Big Problem

“Have we placed the mariner in a no-win situation?” asked Captain Anuj Chopra at yesterday’s Mare Forum conference in Washington, DC.

May 21, 2013
Total Views: 209

exmar logo
News

Exmar Predicts Record Year for LPG Carriers

May 21 (Bloomberg) — Costs to ship liquefied petroleum gas will exceed the 2008 record as the U.S. expands exports amid rising demand in Latin America

May 21, 2013
Total Views: 234

cosco
News

LNG Carrier New Build Ordered from COSCO Dalian

COSCO Corporation announced today that their subsidiary, COSCO (Dalian) Shipyard Co. Ltd, secured a RMB500 million (USD $81 million) contract today from an

May 21, 2013
Total Views: 45

Monday, May 20, 2013
Medium Range MR Tanker transpetrol
News

Transatlantic Clean Tanker Rates Hit By Ship Surplus

LONDON, May 20 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were softer on Monday in slower trade with a build up

May 20, 2013
Total Views: 37

norden logo
Finance

Norden Bets on Ship Rally After Worst Market Since ’02

(Bloomberg) — D/S Norden A/S, Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for

May 20, 2013
Total Views: 112

WATCH: Costa Concordia Shipwreck Like You’ve Never Seen Before
Interesting

WATCH: Costa Concordia Shipwreck Like You’ve Never Seen Before

The Costa Concordia wreck site sets the backdrop for this amazing quadcopter promotional video just posted to

May 20, 2013
Total Views: 161

Argentina’s Main Grains Ports Paralyzed By Labor Strike
Ports

Argentina’s Main Grains Ports Paralyzed By Labor Strike

Port workers in Argentina's main grains hub of Rosario went on strike over wages on Monday, slowing exports from the world's No. 1 soymeal and soyoil

May 20, 2013
Total Views: 46

Kingfish Cancels 11 Tanker Order at OSX Brasil’s Açu Shipyard
News

Kingfish Cancels 11 Tanker Order at OSX Brasil’s Açu Shipyard

11-tanker order cancelled as OSX scales back construction of its shipyard at the Açu port

May 20, 2013
Total Views: 44

kulluk aground
News

Kulluk Hearing Kicks Off in Alaska

The U.S. Coast Guard on Monday is kicking off its formal marine casualty investigation hearing into the December 31 grounding of Shell's Kulluk drilling rig on

May 20, 2013
Total Views: 78

nyk line
News

Nippon Yusen Soars as LPG Rates Rise Most on Record

Nippon Yusen K.K., the world’s largest publicly traded operator of liquefied petroleum gas ships, surged the most in more than four years in Tokyo after

May 20, 2013
Total Views: 26