Tuesday, November 18, 2014
Shipping News

Second Algerian Crude Cargo Arrives in Venezuela

A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA's second

November 18, 2014
Total Views: 27

Ship Design

Chemical Tanker First to Use New Duplex Stainless Steel Cargo Tanks

The new chemical tanker built in Japan is the first to use a new type of steel cargo tanks said to be cheaper and stronger that existing

November 18, 2014
Total Views: 460

News

South Korea Launches New Agency to Replace Disbanded Coast Guard

South Korea launches a massive new government agency this week to handle emergency rescue and safety management seven months after the Sewol ferry

November 18, 2014
Total Views: 192

Interesting

CSCL Globe – Introducing the New World’s Largest Containership

Move over Triple-E's, there's a new big dog in

November 18, 2014
Total Views: 1222

Engineering News

Exmar Chooses Scrubbers for LPG Newbuilds

Belgain gas shipper Exmar has chosen to go with emissions scrubbers for two of their new 38,000 cubic meter LPG carriers currently under construction at

November 18, 2014
Total Views: 105

News

WTI Falls as Investors Weigh OPEC Decisions

West Texas Intermediate crude fell for a second day as investors weighed the likelihood of a production cut by OPEC when the group meets next week amid signs

November 18, 2014
Total Views: 15

Engines

Drydocks World to Build Nine LNG-Powered Escort Tugs

Dubai shipbuilder Drydocks World has contracted Wärtsilä to design and supply the propulsion and other equipment for the first LNG-powered harbor tugs to

November 18, 2014
Total Views: 139

News

India to Receive Its Biggest LNG Cargo Ahead of U.S. Shipments

India will receive its biggest shipment of liquefied natural gas by ship next month as it prepares to import the fuel from North

November 18, 2014
Total Views: 101

Monday, November 17, 2014
Accidents

South Korea Preparing Sewol Salvage Task Force – Reports

The South Korean government is preparing a task force to examine options for salvaging the sunken Sewol ferry, according to local media

November 17, 2014
Total Views: 42

News

New Satellite Data Reveals Major Uptick in Global Maritime Traffic

Maritime traffic on the world’s oceans has increased four-fold over the past 20 years, according to a new study published by the American Geophysical Union

November 17, 2014
Total Views: 532

News

Scorpio Bulkers Announces $150 Million Private Placement

Scorpio Bulkers Inc. (NYSE: SALT) announced Monday plans to raise $150 million through a private placement of common stock to help pay for its 78-ship

November 17, 2014
Total Views: 46

News

Italy’s Tuscany Region Seeking $274 Million in Damages Over Costa Concordia Disaster

Officials for Italy's Tuscany region and the island of Giglio said on Monday they would seek a total of 220 million euros ($274 million) in damages from Costa

November 17, 2014
Total Views: 50

News

Paris MoU Reports 113 MLC Detentions in First Year

The Paris MoU reports 113 ship detentions related to Maritime Labour Conventions 2006 deficiencies in the first twelve months since the convention entered into

November 17, 2014
Total Views: 49

News

China, Australia Sign Landmark Free Trade Deal

China and Australia on Monday signed a declaration of intent on a landmark free trade deal more than a decade in the making, opening up markets worth billions

November 17, 2014
Total Views: 19

News

NYK Ship Loses Containers in Offloading Mishap

The U.S. Coast Guard and local fire department personnel were called late Saturday to enforce a safety zone for containers that fell in the water from the MV

November 17, 2014
Total Views: 72

Interesting

Car Carrier Chief Engineer Pleads Guilty in ‘Magic Pipe’ Case

The chief engineer of a NYK Line car carrier has pleaded guilty in federal court in Baltimore, Maryland, to obstruction of justice and violating the Act to

November 17, 2014
Total Views: 92

News

Crowley Signs Containerized LNG Supply Deal

Crowley Maritime Corp. announced today it will be supplying liquefied natural gas (LNG) sourced from the U.S. to an undisclosed Puerto Rico-based

November 17, 2014
Total Views: 86

News

Statoil Runs into UNCLOS Liability as Canada Extends Seabed Territories

Norway's Statoil risks millions of dollars in extra costs in Canada - a test case that could spell problems for other oil firms too as coastal states extend

November 17, 2014
Total Views: 62

Sunday, November 16, 2014
odyssea courage damage
Collision

Helix ESG’s Q4000 Damaged After Collision With Supply Vessel [PHOTOS]

Early Saturday morning, a source tells gCaptain the offshore supply vessel Odyssea Courage collided with the semi-submersible well intervention rig Q4000,

November 16, 2014
Total Views: 361

Finance

Big Oil Deals Are Back as Halliburton Makes First Move

Halliburton Co.’s pursuit of Baker Hughes Inc. may be just the start of big energy deals as oil prices

November 16, 2014
Total Views: 111