Tuesday, August 27, 2013
Finance

China Admits Inaccurate Economic Statistics

In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese

August 27, 2013
Total Views: 23

Interesting

Costa Concordia Salvage Makes Progress

Salvors with the Titan-Micoperi consortium on Tuesday announced the completion of another important step towards the parbuckling -or uprighting- of the Costa

August 27, 2013
Total Views: 108

News

In Bustling Houston, It’s a Case of ‘Build, Baby, Build!’

With Texas one of the few bright spots in the U.S. economy, the skyline of swaggering Houston is where the action is as builders and global oil companies, from

August 27, 2013
Total Views: 36

News

Thialf Installs World’s Highest-Voltage Offshore Converter Station

Thialf, the world’s largest crane vessel was recently put to work in the North Sea by Swiss power and automation group, ABB, to install the world’s

August 27, 2013
Total Views: 136

Marine Salvage

Salvors Make Progress Pumping Heavy Fuel Oil from MV Smart

eNCA News posted an update today on the ongoing salvage of the MV Smart and the potential environmental impact of the cargo of coal that is open to the

August 27, 2013
Total Views: 63

News

Swire Pacific Sees 71 Percent Jump in Profits

Swire Pacific Offshore (SPO) reported very positive results in their mid-year financial report today. The Hong Kong-listed offshore supply vessel operator

August 27, 2013
Total Views: 73

Uncategorized

Libya Warns Will Destroy Tankers Illegally Exporting Oil

TRIPOLI, Aug 26 (Reuters) – Libya warned on Monday it will attack and destroy any tanker illegally exporting oil after forces last week fired at a

August 27, 2013
Total Views: 49

News

China’s Economic Stimulus and the Short-Term Dry Bulk Shipping Impact

Why has there been a relatively sudden demand spike for dry bulk shipping since June 2013? The origins lead directly back to an “Unofficial Economic

August 27, 2013
Total Views: 38

Monday, August 26, 2013
News

Panamax Rates Rising as Crop Cargoes Near Record

Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, boosting rates for Safe Bulkers Inc. and

August 26, 2013
Total Views: 298

Uncategorized

NOAA Maps 170 Years of Tropical Cyclones

The Environmental Visualization Lab at the National Oceanic and Atmospheric Administration has released images depicting data for a total of 11,967 cyclones

August 26, 2013
Total Views: 50

News

Russian Authorities Board Greenpeace Protest Ship in Arctic

Greenpeace accused Russia on Monday of trying to block its protest against offshore drilling in the mineral-rich but ecologically fragile Arctic after Russian

August 26, 2013
Total Views: 27

News

BIMCO: Professionalism The Key to MLC 2006 Success

The “fourth pillar” of maritime regulation – the Maritime Labour Convention (MLC) – is now in place and along with high hopes for

August 26, 2013
Total Views: 75

Offshore

North Sea Rig Operators to Meet as CHC Suspends Super Puma Flights Following Fatal Crash

Oil & Gas UK, which represents North Sea oil-and-gas operators, will meet today to discuss the implications of the temporary suspension of Super Puma

August 26, 2013
Total Views: 84

News

Songa Offshore Slumps as DSME Falls Behind on Newbuild Rig Deliveries

Aug. 26 (Bloomberg) — Songa Offshore SE, a Cyprus-based offshore drilling contractor, slumped the most in six months in Oslo trading as delays in rig

August 26, 2013
Total Views: 33

News

ABS Forms Global Gas Solutions Team

HOUSTON /Press Release/ – ABS, a leading provider of global maritime classification services, has taken another step forward to meet industry needs with

August 26, 2013
Total Views: 89

News

If Egyptian Unrest Closes the Suez

Over 17,000 ships carried 928 million tons of cargo and almost 38 million TEUs through the Suez Canal in 2012.  This man-made waterway is a critical artery in

August 26, 2013
Total Views: 95

News

China’s Ghost Cities Reveal Potential for Dry Bulk Market Calamity

The real estate problems in China dwarf those experienced in the U.S. from 2006 to 2010 by a significant factor. Supported by economic programs

August 26, 2013
Total Views: 25

Marine Salvage

Salvors Begin Pumping Heavy Fuel Oil from MV Smart

Salvors working just outside the channel at Richards Bay, South Africa have finally begun the process of pumping 1700 tons of heavy fuel from the wreck of the

August 26, 2013
Total Views: 42

News

Norway Election Could Break Deadlock on Lofoten Oil Drilling

Aug. 26 (Bloomberg) — Norway’s election outcome next month is poised to end a deadlock over oil drilling off the shores of its protected Lofoten

August 26, 2013
Total Views: 49

Sunday, August 25, 2013
News

Jaya Vigilant Wins Long Term Charter Offshore Mozambique

Singapore-based Jaya Holdings’ (JAYA:SP) announced today in an emailed statement that their DP2 Platform Supply Vessel (PSV) “Jaya

August 25, 2013
Total Views: 98