A Porthole of an Exit Window for Shipping Investments?
After a year where large vessels such as capesize bulkers and supertankers were barely earning break-even day rates, momentum has since picked up in the
After a year where large vessels such as capesize bulkers and supertankers were barely earning break-even day rates, momentum has since picked up in the
The U.S. Navy is getting ready to deploy a prototype laser weapon technology reminiscent of something you would expect to see in a Star Wars movie. The
This week marks the 39th episode of gCaptain Radio sponsored by Six Maritime. gCaptain Radio is a weekly talk show discussion with gCaptain founder John
Overseas Shipholding Group Inc. won court permission to sign a deal with its lenders that would raise $300 million from a share sale as part of the company’s
A subsidiary of Seattle-based Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding
By Andrew Noel and Veronica Ek April 7 (Bloomberg) — Alfa Laval AB agreed to buy Norwegian pumpmaker Frank Mohn AS, the manufacturer of Framo
By Chou Hui Hong April 7 (Bloomberg) — BG Group Plc, Britain’s third- largest natural gas producer, will move its global headquarters for marketing LNG
The sheer expanse of the world’s oceans is beyond the realm of comprehension for most. Only those have crossed oceans from a sea-level perspective, or
By Ahmed Elumami TRIPOLI, April 7 (Reuters) – Libya’s Zueitina oil port prepared on Monday to load crude on tankers after the government reached a
950 miles northwest of Perth, Australia, the U.S. Navy’s towed pinger locator (TPL) may have found the tell-tale pings of the black box from MH370.
By Chou Hui Hong April 7 (Bloomberg) — Singapore’s political neutrality and English-speaking workforce will help the city-state become an Asian hub for
A family with a sick infant safely boarded a Navy ship Sunday morning several hundred miles off the coast of Mexico following a coordinated rescue by Coast
By James Paton April 7 (Bloomberg) — The Australian government should act to rein in rising labor costs that threaten a potential A$180 billion ($167
A 631-foot containership apparently veered off course while sailing in Hong Kong’s East Lamma Channel Sunday and ran straight into a sea wall leaving
I met up with the folks at Rolls-Royce the other week at their service center in Galveston, Texas for a quick update on their operations. With more and more
Make sure to post and update your Resume or CV. There are lots of new Employers on the job board browsing the Resume Database Here’s the latest Featured
By Siva Govindasamy and Swati Pandey KUALA LUMPUR/PERTH, Australia, April 5 (Reuters) – A Chinese patrol ship hunting for a missing Malaysia Airlines
April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a
By Harry R. Weber and Dan Murtaugh April 4 (Bloomberg) — By the time the ships’ pilots realized they were on a crash course, it was too late. The
Surrounded by rolling cornfields, Sidney, Illinois is a sleepy midwestern town with a population hovering just above 1,000. Captain Wren Thomas III grew up on
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