Friday, January 16, 2015
REM Arctic kleven verft
News

Night Launch at Kleven Verft

Not sure why you would launch a ship in the dark, unless of course you’re in Norway and only have 6 hours of daylight over the course of the

January 16, 2015
Total Views: 69

Hapag-Lloyd IPO Will Be Attractive After Turnaround, CEO Says
News

Hapag-Lloyd IPO Will Be Attractive After Turnaround, CEO Says

Hapag-Lloyd AG, Germany’s biggest container shipping line, will be an attractive investment once results improve and costs are reduced, Chief Executive

January 16, 2015
Total Views: 35

Canada Selects Irving Shipbuilding to Build Arctic Patrol Ships for $1.9 Billion
Shipping News

Canada Selects Irving Shipbuilding to Build Arctic Patrol Ships for $1.9 Billion

The Canadian government has picked Irving Shipbuilding Inc, a Nova Scotia-based private company, to build Arctic patrol ships for C$2.3 billion ($1.9 billion),

January 16, 2015
Total Views: 33

cal dive international logo
Finance

Cal Dive Decides Not to Pay $2.2 Million in Debt Interest , Considering Chapter 11

Cal Dive International says that it did not pay a $2.2 million interest payment due yesterday as the company continues to work with their lenders to address

January 16, 2015
Total Views: 70

permanent magnet tunnel thruster
Engines

Norwegian Cruise Liner to Be Outfitted With Permanent Magnet Tunnel Thrusters

Instead of having a shaft or some other geared mechanism connected to a motor, the propeller blades themselves are the the motor which provides the

January 16, 2015
Total Views: 483

epic gas logo
News

Epic Gas CEO Resigns

Singapore-based shipowoer/operator Epic Gas Ltd. announced today that Chief Executive Officer Lars Vang Christensen will be resigning from his position. During

January 16, 2015
Total Views: 40

norwegian finance money norway bank notes
Finance

Norway’s Oil Crisis Talks Lead to Pledges of Stimulus If Needed

Top policy makers in western Europe’s biggest oil producer underscored their commitment to providing stimulus should the economy need

January 16, 2015
Total Views: 25

tugboat capsize yangtze
Incidents

20 Missing After Tug Sinks During Sea Trials

More than 20 people are missing after a tug boat sank in the Yangtze

January 16, 2015
Total Views: 173

Thursday, January 15, 2015
If ConocoPhillips’ Wishes Come True, It Could Come at the Demise of the U.S. Merchant Marine
Interesting

If ConocoPhillips’ Wishes Come True, It Could Come at the Demise of the U.S. Merchant Marine

There’s good reason Ryan Lance is the CEO and Chairman of ConocoPhillips.  He’s a smart and charismatic guy who can paint a very rosy picture

January 15, 2015
Total Views: 70

almi galaxy
News

Oil Traders to Store West African Crude in U.S. Until Prices Recover

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks

January 15, 2015
Total Views: 45

general dynamics nassco
Uncategorized

Congressman Duncan Hunter Implores Senate Leadership to Support Jones Act

California Congressman Duncan Hunter called upon Senators Lisa Murkowski (AK) and John Thune (SD) today for their support in defending the Jones Act.

January 15, 2015
Total Views: 36

WATCH: Fire Engulfs Vessel Loaded with Hay
News

WATCH: Fire Engulfs Vessel Loaded with Hay

A cargo of hay caught fire Wednesday morning aboard a vessel off the coast of Iskenderun, Turkey. According to reports, all 23 crewmembers of the MV Retaj A

January 15, 2015
Total Views: 75

Banque Populaire VIII
News

Next Vendée Globe to Feature Foiling Monohulls [VIDEO]

Pretty excited to see the folks at Banque Populaire pushing the envelope once more. Yachtsman Armel Le Cléac’h unveiled today his team’s 18-meter

January 15, 2015
Total Views: 76

tanker araevo
News

Gearbulk: Bulk Jupiter Search Continues as Investigation Gets Underway

International bulk shipper Gearbulk issued a statement Wednesday regarding the investigation and continued search for signs of the MV Bulk

January 15, 2015
Total Views: 177

lcs 1 littoral combat ship
Defense

U.S. Navy: They Will be Called Frigates

U.S. Navy Secretary Ray Mabus on Thursday said the Navy would rename the modified Littoral Combat Ships it plans to build in coming years as "frigates," given

January 15, 2015
Total Views: 61

Great Lakes Shipping Soars on Milder Weather
News

Great Lakes Shipping Soars on Milder Weather

A Tale of Two Decembers: Milder Weather in 2014 Allows U.S.-Flag Cargo Movement to Surge at End of

January 15, 2015
Total Views: 39

al kout vlcc kotc kuwait oil tanker company
News

Morgan Stanley and Evercore Say $100k Tanker Rates Possible

Supertanker owners from Tokyo to Athens said demand to store oil on vessels is strengthening, with Morgan Stanley and Evercore Partners Inc. predicting the

January 15, 2015
Total Views: 60

skangass lng bunkering vessel
News

Skangass Backs LNG Bunkering Vessel Newbuild

Norwegian LNG supplier Skangass announced today that it will make LNG (Liquified Natural Gas) more readily available as marine fuel in the Skagerrak, Kattegat

January 15, 2015
Total Views: 74

Navigator Holdings Says Petrochem Gas Shipments to Offset LPG Drop
News

Navigator Holdings Says Petrochem Gas Shipments to Offset LPG Drop

Shipper Navigator Holdings Ltd expects continued demand for petrochemical gases in the fourth quarter to make up for a fall in liquefied petroleum gas (LPG)

January 15, 2015
Total Views: 69

Wednesday, January 14, 2015
ConocoPhillips CEO Ryan Lance
News

ConocoPhillips’ CEO Calls for Urgent End to Crude Oil Export Ban

ConocoPhillips’ CEO Ryan Lance was quite clear in his presentation today at the Center for International and Strategic Studies (CSIS) that lifting the

January 14, 2015
Total Views: 67