Tuesday, February 18, 2014
cargo ship shipping container maritime
Finance

Private-Equity Funds Bet $5 Billion on Shipping Rebound

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

February 18, 2014
Total Views: 1256

Manus Island processing centre
News

Asylum Seekers Riot at Australian Detention Camp, One Killed

An asylum seeker was killed and at least 77 injured in the second riot this week at a detention centre in Papua New Guinea used to process asylum seekers,

February 18, 2014
Total Views: 20

Monday, February 17, 2014
Vale Sees China Clearing Giant Ore Ships In Time
Shipping News

Vale Sees China Clearing Giant Ore Ships In Time

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 41

Safeguard-body-armor
Uncategorized

Body Armor For The Professional Sailor

Whether working for the navy or a shipping line, seafarers are exposed to several threats in their line of work. The fact that they stay in the high seas

February 17, 2014
Total Views: 85

vale brasil vloc bulk carrier valemax
News

Vale Sees China Clearing Giant Ore Ships, Eventually

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron

February 17, 2014
Total Views: 145

fsru excelsior excelerate
News

Mitsui O.S.K. to Invest Billions in Floating LNG Regasification and FPSOs

Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to

February 17, 2014
Total Views: 119

Response Continues for Grounded Fishing Vessel in Guam
Marine Salvage

Response Continues for Grounded Fishing Vessel in Guam

The U.S. Navy says crews have removed heavy oil, diesel fuel, and batteries from the grounded Japanese commercial fishing vessel Daiki Maru 7 in Guam's outer

February 17, 2014
Total Views: 81

Maersk Containership Wreaks Havoc in Bremerhaven
Incidents

Maersk Containership Wreaks Havoc in Bremerhaven

The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose

February 17, 2014
Total Views: 85

maritime maisie
Interesting

Maritime Maisie Chemical Tanker In Danger of Breaking Up

Classification society Lloyd's Register has warned that the fire-scorched chemical tanker Maritime Maisie is in danger of breaking up more than 50 days after a

February 17, 2014
Total Views: 521

Dr. Stephen Payne Chief Naval Architect CUNARD
Engineering News

Dr. Stephen Payne – Designing a Liner, Not a Cruise Ship

On the occasion of the Queen Mary 2’s 10th anniversary of her delivery from STX Europe, CUNARD Line’s Chief Naval Architect Dr. Stephen Payne,

February 17, 2014
Total Views: 345

gulf marine services barge keloa
Finance

Gulf Marine Services Seeks to Raise $100 Million From London IPO

Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public

February 17, 2014
Total Views: 84

aker arctic icebreaker
Engineering News

Arctech Helsinki and USC Joint Venture to Build New Finnish Icebreaker

Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to

February 17, 2014
Total Views: 118

sliepner a platform statoil north sea
News

Norway May Align Offshore Drilling Rules With U.K. in Bid to Tackle Costs

Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as

February 17, 2014
Total Views: 133

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill
News

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

February 17, 2014
Total Views: 223

siem offshore wartsila psv platform supply vessel
Engineering News

Wärtsilä Details Scope of PSV Newbuild Contract with Siem Offshore

Following similar orders placed in November 2012 and August 2013, Norwegian OSV operator Siem Offshore has again reached out to Finnish engine manufacturer

February 17, 2014
Total Views: 177

Sunday, February 16, 2014
Freide & Goldman JU2000E jackup
News

ZPMC Wins $400 Million Jack-Up Order

Shanghai Zhenhua Heavy Industries (ZPMC) won a $400 million order over the weekend to build a pair of high specification Friede and Goldman JU-2000E jack-up

February 16, 2014
Total Views: 182

Saturday, February 15, 2014
bae systems sunrise shipyard
News

MV Breeze Launched at BAE – VIDEO

Here's a video of the January 29, 2014 launch ceremony of the MV Breeze at BAE Systems Southeast Shipyard in Jacksonville,

February 15, 2014
Total Views: 57

west africa gulf of guinea map
Piracy

The Myth of West Africa’s Piracy Problem

By Jessica Knight, Nigeria and its coastal neighbors face a grave security problem in the form of rising maritime crime and militancy in the Gulf of Guinea –

February 15, 2014
Total Views: 53

stena penguin p-max tanker
Finance

Concordia Maritime Shares Gain on New Charter Contract with Shell

Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers

February 15, 2014
Total Views: 57

BSS Power stalwart tankers
Finance

Stalwart Tankers Files for IPO, Announces Fleet Expansion Plans

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock

February 15, 2014
Total Views: 190