Wednesday, February 18, 2015
Lysblink Seaways
Incidents

DFDS Seaways Cargo Ship Aground on Scottish Coast – Update

DFDS Seaways’ cargo ship Lysblink Seaways has run aground on the west coast of Scotland today.  The incident occurred at approximately 1:50AM local

February 18, 2015
Total Views: 120

India Approves $16 Billion Naval Expansion Plan -Source
Navy

India Approves $16 Billion Naval Expansion Plan -Source

India is tripling its fleet of nuclear submarines in the country’s priciest naval expansion in five years, a move that comes as China increases naval

February 18, 2015
Total Views: 96

German Ship Operator, Chief Engineer Plead Guilty in ‘Magic Pipe’ Pollution Cases
News

German Ship Operator, Chief Engineer Plead Guilty in ‘Magic Pipe’ Pollution Cases

A German shipping company and the chief engineer of a car carrier it operated have been charged with environmental crimes in two separate cases in Alaska and

February 18, 2015
Total Views: 25

iron ore loading
News

Weak Vessel Demand Keeps Baltic Dry Index at Record Lows

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit another record low on Wednesday as demand for

February 18, 2015
Total Views: 34

MAIB Completes Examination of MV Cemfjord Wreck With No Sign of Missing Crew
News

MAIB Completes Examination of MV Cemfjord Wreck With No Sign of Missing Crew

The UK Marine Accident Investigation Branch (MAIB) provided another update Wednesday on their investigation into the tragic sinking of the MV Cemfjord just

February 18, 2015
Total Views: 101

Maersk Drilling Names Third XLE-Type Jack-Up
News

Maersk Drilling Names Third XLE-Type Jack-Up

Maersk Drilling has announced that its third and final XL Enhanced ultra harsh environment jack-up has been delivered ahead of schedule by Keppel FELS shipyard

February 18, 2015
Total Views: 277

Portland Pearl
News

Crowley Adds Five Tankers to International Ship Management Portfolio

Crowley Maritime’s international ship management venture, Crowley Accord Management Pvt. Ltd., has been awarded full technical management contracts for

February 18, 2015
Total Views: 131

Sixth Victim Of Brazilian FPSO Explosion Found
Incidents

Sixth Victim Of Brazilian FPSO Explosion Found

A sixth victim of last week's deadly explosion on a Petrobras offshore oil and natural gas production ship has been

February 18, 2015
Total Views: 108

Transocean’s 80% Dividend Cut Won’t Be Enough
Finance

Transocean’s 80% Dividend Cut Won’t Be Enough

Transocean Ltd. will have to do more than slash its dividend by 80 percent for the owner of the world’s largest fleet of offshore rigs to weather the oil

February 18, 2015
Total Views: 25

saudi aramco
Finance

World’s Largest Oil Exporter Said to Seek $10 Billion Loan

Saudi Arabian Oil Co., the world’s largest oil exporter, is expanding into refining and petrochemicals and seeking to boost ties with

February 18, 2015
Total Views: 50

qatargas duhail lng carrier
News

Qatargas Close to Signing 15-Year LNG Supply Deal With Pakistan

State-run Gulf energy company Qatargas is in the final stages of talks on a deal to supply Pakistan with 3 million tonnes of liquefied natural gas (LNG)

February 18, 2015
Total Views: 31

Tuesday, February 17, 2015
goliat fpso
News

Giant Goliat FPSO Sets Off for World’s Longest Piggyback Ride [VIDEO]

ENI’s Goliat FPSO, sitting atop the world’s largest heavy lift vessel Dockwise Vanguard, has just begun its 60-day voyage from Hyundai Heavy

February 17, 2015
Total Views: 250

The Four Phases of the Costa Concordia Dismantling Project
Interesting

The Four Phases of the Costa Concordia Dismantling Project

More than three years after the Costa Concordia ran aground in Giglio, the effort to dismantle and recycle the Costa Concordia continues nearly

February 17, 2015
Total Views: 1395

Stena Line Ferries First to Use New ‘Closed Loop’ Scrubber Technology
News

Stena Line Ferries First to Use New ‘Closed Loop’ Scrubber Technology

Two Stena Line ferries are set to become the first ships to be retrofitted with a new in-line closed loop gas scrubber systems from Wärtsilä that will help

February 17, 2015
Total Views: 87

Khalij-e-Fars fsu iran
News

Iran Hails First Oil Shipment from New Floating Terminal

The first oil shipment from Iran’s floating oil storage unit (FSU), Khalij-e-Fars has recently just been completed, according to the Iranian Offshore Oil

February 17, 2015
Total Views: 234

Containers and ships sit idle at the Port of Long Beach in this file photo
News

U.S. West Coast Ports Reopen As Labor Secretary Joins Talks – Update

A partial shutdown of 29 U.S. West Coast ports stretched into a third day on Monday ahead of the U.S. labor secretary's scheduled arrival in San

February 17, 2015
Total Views: 43

Hamburg Süd Signs Purchase Agreement for Chilean Shipping Firm
News

Hamburg Süd Signs Purchase Agreement for Chilean Shipping Firm

Hamburg Süd’s acquisition of Chilean container shipper Compañía Chilena de Navegación Interoceánica S.A. (CCNI) is nearly complete today with the

February 17, 2015
Total Views: 53

Tanzania Port Authority Head Suspended in Latest Scandal
News

Tanzania Port Authority Head Suspended in Latest Scandal

The acting director of Tanzania's port authority has been suspended pending an investigation into allegations he violated procurement procedures, officials

February 17, 2015
Total Views: 66

vlgc bw prince
Finance

BW LPG Gains Financing for 7-Ship Newbuild Program

BW LPG Ltd announced today that its seven-ship new construction program of very large gas carriers (VLGCs) has gained USD $400 million in debt financing. The

February 17, 2015
Total Views: 26

Master Fined for Breaching Great Barrier Reef Navigation Rules
News

Master Fined for Breaching Great Barrier Reef Navigation Rules

A Taiwanese ship captain has been fined over USD$6,000 for navigating his vessel through an area of the Great Barrier Reef Marine Park without a

February 17, 2015
Total Views: 88