Wednesday, July 31, 2013
Nine Convicted Over 2007 Sea Diamond Sinking
Incidents

Nine Convicted Over 2007 Sea Diamond Sinking

The Piraeus court imposed suspended sentences Wednesday ranging from six months to just over 12 years, and acquitted another four

July 31, 2013
Total Views: 989

abs logo
Engineering News

ABS Releases Guidance on Accidental Load Analysis and Design for Offshore Structures

The American Bureau of Shipping (ABS) has announced the release of the ABS Guidance Notes on Accidental Load Analysis and Design for Offshore Structures. ABS

July 31, 2013
Total Views: 129

dublin ireland temple bar district
News

Ireland Looks to Become Global Ship Finance Hub

July 31 (Bloomberg) — IDA Ireland, charged with winning overseas investment for the country, is backing plans to develop a shipping-finance center in

July 31, 2013
Total Views: 34

friede & goldman JU2000E
News

Seadrill Signs for Another Pair of Friede & Goldman Jack-Ups from Dalian Shipbuilding

Seadrill Limited entered into new contracts today for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore

July 31, 2013
Total Views: 85

advanfort logo
News

AdvanFort Addresses Judgement Stemming from 2011 Firearms Purchase

In 2011, Virginia-based maritime security firm AdvanFort needed to some rifles to undertake counter-piracy missions in the Gulf of Aden and the Indian Ocean.

July 31, 2013
Total Views: 58

piracy mt matrix gulf of guinea
Uncategorized

Shell to Chevron Move Offshore as Nigerian Risks Mount

International oil companies including Shell and Chevron Corp. are shifting their efforts in Africa’s largest producer from land-based operations to

July 31, 2013
Total Views: 58

Lawmaker Defends ‘Essential’ U.S. Shipping Law
News

Lawmaker Defends ‘Essential’ U.S. Shipping Law

Rep. Duncan Hunter defends the Jones Act in this recent editorial for CNBC.

July 31, 2013
Total Views: 17

oocl containership
Uncategorized

Black August for Shippers as Asia-Europe Capacity Cuts Set to Support Price Hikes

Shippers and forwarders in the Asia-Europe trade currently experiencing tight space constraints need to prepare themselves for further cuts in capacity in

July 31, 2013
Total Views: 48

EXMAR LPG Joint Venture Adds Two Midsize Gas Carriers
News

EXMAR LPG Joint Venture Adds Two Midsize Gas Carriers

Belgian gas shipping company EXMAR NV said Wednesday that its joint venture with Teekay LNG, EXMAR LPG, has exercised an option for two additional midsize gas

July 31, 2013
Total Views: 56

light sweet crude
Incidents

Tanker KM Patriot Andalan Spills 5,400 Tons Of Fuel Oil Into Molucca Sea

JAKARTA, July 31 (Reuters) – An oil tanker owned by Indonesia’s state oil and gas company, Pertamina, spilled around 5,400 tonnes of fuel into the

July 31, 2013
Total Views: 57

rongsheng heavy industries
Finance

China Rongsheng to Issue $180 Million in Convertible Bonds

Rongsheng Heavy Industries announced in a stock filing today their plan to issue HK$1,400,000,000 (USD $180 million) in convertible bonds in an effort to help

July 31, 2013
Total Views: 35

china cosco headquarters
News

China COSCO Seen Selling Property Assets To Avoid Delisting

By Yimou Lee HONG KONG, July 31 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , may sell some of its $1.6 billion in

July 31, 2013
Total Views: 21

bonga fpso shell oil production
News

Shell and Chevron Move Offshore as Nigerian Risks Mount

July 31 (Bloomberg) — At Royal Dutch Shell Plc’s compound in the Nigerian city of Warri, the gate is locked, the grounds are empty and grass has

July 31, 2013
Total Views: 328

Teekay_Shipping Logo
Finance

Teekay LNG Announces $40 Million Equity Private Placement

Teekay LNG Partners L.P. (NYSE:TGP), announced today that it has issued approximately 0.93 million common units in a private placement to an institutional

July 31, 2013
Total Views: 17

Tuesday, July 30, 2013
Helix Q4000
News

Capitalizing on a Booming Well Intervention Market, Helix ESG Orders the Q7000

Houston-based deepwater well intervention firm, Helix Energy Solutions Group, Inc. (NYSE: HLX), has announced their plans to build the Q7000, their

July 30, 2013
Total Views: 73

Rowan EXL III jack-up rig
News

Relief Well Drilling to Commence at Site of Hercules Rig Fire

The Bureau of Safety and Environmental Enforcement (BSEE) announced this afternoon that the drilling operation to permanently seal the well that blew out at

July 30, 2013
Total Views: 33

Bigger Ships Mean $13 Billion in Port Spending
Ports

Bigger Ships Mean $13 Billion in Port Spending

Europe’s busiest container terminals are seeing their margins put under pressure as they expand to cater to the world’s largest box ships at a time

July 30, 2013
Total Views: 44

inmarsat 4 in orbit
Blog

Following a Ship Around With a Satellite Beam is Not a Business

In part two of my conversation with consultant, analyst and blogger Tim Farrar, we dive a little deeper into the undergrowth: what the High Throughput

July 30, 2013
Total Views: 59

hansa brandenburg
News

Fire Scorched Hansa Brandenburg Reaches Mauritius

The fire-scorched cargo vessel, MV Hansa Brandenburg, has reached Mauritius nearly two weeks after catching fire in the Indian

July 30, 2013
Total Views: 114

Turkish Power-Ship Maker Karadeniz Eyeing Expansion in Africa, US, UK
Uncategorized

Turkish Power-Ship Maker Karadeniz Eyeing Expansion in Africa, US, UK

Turkish power-ship builder Karadeniz Holding expects to supply its next electricity-generating vessel to a Middle Eastern or African nation and is also looking

July 30, 2013
Total Views: 155