Monday, May 19, 2014
News

Iron Ore Futures Fall Below $100 Amid China Concerns

By Jasmine Ng May 19 (Bloomberg) — Iron ore futures in Singapore traded below $100 a metric ton for the first time since the contract started last year

May 19, 2014
Total Views: 28

Multimedia

View from Above: Donjon’s Chesapeake 1000 Crane Barge

Meow Man brings us an evening fly-by of Donjon Marine’s Chesapeake 1000 crane barge. The 1972-built barge has a lifting capacity of 1,000 short tons at

May 19, 2014
Total Views: 376

Finance

Israel Corp Shareholders To Vote On Zim Shipping’s $3 Billion Restructuring

JERUSALEM, May 19 (Reuters) – Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate’s shipping offshoot

May 19, 2014
Total Views: 39

Defense

San Francisco’s Navigational Aids Go Digital

Prominent navigational aids on the approach to and within San Francisco Bay have now been inputted for the first time into the electronic aid to navigation

May 19, 2014
Total Views: 408

News

Kleven Launches Latest Eidesvik Construction Vessel

Kleven Shipyard’s build number 365, a SALT 301 OCV-design, was launched on 11 May 2014. The ship was designed by Salt Ship Design and mostly built in

May 19, 2014
Total Views: 28

News

14 Years of New Charter Contracts for Havila’s PSVs

Havila Shipping ASA announced today 14 years worth of new charter contracts or extensions have been awarded to their offshore vessels. Maersk Oil awarded the

May 19, 2014
Total Views: 54

News

Otto Marine Completes Acquisition of Go Marine Group

Singapore-based Otto Marine announced today they have purchased the remaining 10 percent block of shares of Perth-based offshore services provider, Go Marine

May 19, 2014
Total Views: 170

south korean coast guard sewol ferry disaster
News

Park Says She Will Disband Coast Guard in Ferry-Sinking Apology

By Sam Kim May 19 (Bloomberg) — South Korean President Park Geun Hye apologized to the nation over the sinking of a passenger ferry that left 300 people

May 19, 2014
Total Views: 45

Sunday, May 18, 2014
Incidents

Maersk Containership Finds Overturned Hull, Yet No Sign of Missing Sailors

While on a transatlantic sailboat delivery from Antigua to the UK, the crew on board the Beneteau 40.7 Cheeki Rafiki activated two of their EPIRBS (satellite

May 18, 2014
Total Views: 68

Multimedia

World’s Last Wooden-Hulled Whaling Ship Gets Underway After 73 Year Hiatus

The world’s last remaining wooden-hulled whaling ship, Charles W. Morgan got underway this weekend after spending the past 73 years up the Mystic River

May 18, 2014
Total Views: 16

Saturday, May 17, 2014
miraj 4 ferry capsize salvage
Incidents

Bangladesh Salvages Capsized Ferry, 54 Bodies Recovered

By Serajul Quadir DHAKA, May 17 (Reuters) – Rescue workers in Bangladesh completed the search of a stricken river ferry on Saturday, bringing the number

May 17, 2014
Total Views: 54

Finance

Batista Shipbuilder OSX Offers To Pay Debt In 25 Years

RIO DE JANEIRO, May 16 (Reuters) – Brazil’s OSX Brasil SA , the bankrupt shipbuilder controlled by former billionaire Eike Batista, presented a

May 17, 2014
Total Views: 39

Friday, May 16, 2014
News

U.S. Coast Guard Completes Largest Domestic Icebreaking Operation

The U.S. Coast Guard (USCG) reports today they have concluded Operation Taconite, the nation’s largest domestic ice operation which has enabled commercial

May 16, 2014
Total Views: 197

News

Chile Plans New Port, Seeks To Boost Innovation

SANTIAGO, May 16 (Reuters) – Chile president Michelle Bachelet said on Friday her center-left government was planning the development of a “big

May 16, 2014
Total Views: 17

Shipping News

Maritime Food Aid Fight Reignited as Part of Congress’ Coast Guard Bill

By Bruce Vail Lobbyists in Washington, D.C., are preparing to renew a legislative fight over U.S. government food aid shipments that pits U.S. shipping

May 16, 2014
Total Views: 24

Shipping News

Port of Houston’s New State-of-The-Art Fireboat Fleet Nearly Complete

Just two more weeks until the Port of Houston sees the arrival of the third of three new high-performance emergency response

May 16, 2014
Total Views: 507

Incidents

Saga Sapphire Cruise Ship Suffers Fire

Saga Cruises spokesperson Paul Green note in a phone call that their cruise ship Saga Sapphire is currently at anchor off western Scotland after an electrical

May 16, 2014
Total Views: 75

News

Signet Buys Harvey Gulf Offshore Tug Fleet

Signet Maritime Corporation announced today the acquisition of eight offshore towing vessels from Harvey Gulf International Marine as part of a $209 million

May 16, 2014
Total Views: 110

Press Releases

Cooperation 66° North: Event Wrap-up

350 km above the Arctic Circle, in Tromsø, Norway, industry, government, and academic leaders met for Cooperation 66° North. The forum, designed to foster

May 16, 2014
Total Views: 59

News

Norway’s Lawmakers Force Statoil to Power Offshore Fields From Land

Mikael Holter and Stephen Treloar May 16 (Bloomberg) — Norwegian opposition parties will force Statoil ASA and other companies to power four North Sea

May 16, 2014
Total Views: 186