Friday, August 14, 2015
VLCC Tanker Rates Set to Slide Further On Lower Cargo Volumes, Oversupply
News

VLCC Tanker Rates Set to Slide Further On Lower Cargo Volumes, Oversupply

  By Keith Wallis SINGAPORE, Aug 14 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10

August 14, 2015
Total Views: 15

maersk drilling rig
News

Maersk Reveals Appetite for North Sea Oil Mergers and Acquisitions

  By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S is actively searching for North Sea oil acquisitions as the drop in energy prices

August 14, 2015
Total Views: 24

Old-Time Tall Ship Sets Sail with Modern-Day Power
News

Old-Time Tall Ship Sets Sail with Modern-Day Power

  Have you ever dreamed of learning to sail the seven seas aboard an old-time tall ship, complete with wood masts, rope ladders, custom-made sails—and

August 14, 2015
Total Views: 450

shell protestors
Offshore

Greenpeace Protesters Face Steep Fines for Bridge Hanging Stunt

  By Shelby Sebens PORTLAND, Ore. (Reuters) – Five Greenpeace protesters who dangled from a Portland, Oregon, bridge for two days in a bid to block

August 14, 2015
Total Views: 25

Key Moments in Petrobras Corruption Scandal – TIMELINE
Offshore

Key Moments in Petrobras Corruption Scandal – TIMELINE

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption

August 14, 2015
Total Views: 126

Thursday, August 13, 2015
Ship Photo of the Day – Ships in Suez Canal Seen from Space
News

Ship Photo of the Day – Ships in Suez Canal Seen from Space

Today’s ship photo comes to us from NASA astronaut Scott Kelly who snapped this photo of ships in line through the Suez Canal from the International

August 13, 2015
Total Views: 88

China Detains Warehouse Owners in Investigation Into Tianjin Blasts
News

China Detains Warehouse Owners in Investigation Into Tianjin Blasts

  By Bloomberg News (Bloomberg) — China detained the owners of a hazardous- chemicals storage warehouse rocked by deadly explosions in Tianjin as

August 13, 2015
Total Views: 34

Maersk Line Gunning to Defend Top Market Share
Shipping News

Maersk Line Gunning to Defend Top Market Share

  By Ole Mikkelsen COPENHAGEN, Aug 13 (Reuters) – A.P. Moller-Maersk plans to take action to defend and potentially expand its leading position in

August 13, 2015
Total Views: 61

Hercules offshore rig under tow
News

Hercules Offshore Files for Bankruptcy

BY Steven Church, Tiffany Kary and David Wethe (Bloomberg) — Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the

August 13, 2015
Total Views: 147

Havyard Restructures – Norwegian Ship Technology Group to Cut 100 Jobs
News

Havyard Restructures – Norwegian Ship Technology Group to Cut 100 Jobs

  Norwegian-headquartered Havyard Group says it is forced to cut 100 full-time jobs across its workforce as part of a restructuring to keep the company

August 13, 2015
Total Views: 36

Tianjin Port Blast Disrupts Oil Tankers, Iron Ore
News

Tianjin Port Blast Disrupts Oil Tankers, Iron Ore

  By Bloomberg News (Bloomberg) — Shipments of oil and iron ore were disrupted at the northern Chinese port of Tianjin after a blast killed at least

August 13, 2015
Total Views: 37

WATCH: Massive Explosions Rock China Port City of Tianjin – UPDATE
Interesting

WATCH: Massive Explosions Rock China Port City of Tianjin – UPDATE

  By Sui-Lee Wee and Adam Rose TIANJIN, China, Aug 13 (Reuters) – Two huge explosions tore through an industrial area where toxic chemicals and gas

August 13, 2015
Total Views: 726

Six Killed After Offshore Helicopter Crashes in Nigeria
News

Six Killed After Offshore Helicopter Crashes in Nigeria

The Nigerian unit of offshore oil and gas helicopter transport compony Bristow Group has confirmed that six people have died after one of its aircraft crashed

August 13, 2015
Total Views: 146

USCG Calls Off Search for Missing Containership Crewman
News

USCG Calls Off Search for Missing Containership Crewman

  The U.S. Coast Guard on Wednesday suspended its search for a missing crew member of containership between Bayonne, New Jersey, and Ocean City, Maryland

August 13, 2015
Total Views: 20

Austal Delivers LCS 6 to U.S. Navy
News

Austal Delivers LCS 6 to U.S. Navy

Alabama-based aluminum shipbuilder Austal Limited has successfully delivered the Littoral Combat Ship 6 (LCS 6), the future USS Jackson, to the U.S. Navy, a

August 13, 2015
Total Views: 48

News

Bankrupt Imtech Sells Marine Unit to Investors

  By Anthony Deutsch and Toby Sterling AMSTERDAM, Aug 13 (Reuters) – Dutch engineering services company Royal Imtech has been declared bankrupt and

August 13, 2015
Total Views: 25

maersk triple-e
News

Maersk Defying Market Headwinds as Profit Beats Estimates

  By Christian Wienberg (Bloomberg) — Shares in A.P. Moeller-Maersk A/S soared the most since February after the owner of the world’s largest

August 13, 2015
Total Views: 26

Wednesday, August 12, 2015
Tianjin Port Operating Normally Despite Explosions
Shipping News

Tianjin Port Operating Normally Despite Explosions

  SHANGHAI, Aug 13 (Reuters) – The northeastern Chinese port of Tianjin is operating as normal after two massive explosions ripped through an

August 12, 2015
Total Views: 16

Ship Photo of the Day – Norwegian Escape Ready for Launch
News

Ship Photo of the Day – Norwegian Escape Ready for Launch

German shipbuilder Meyer Werft is getting ready to for the launch of the 164,600 gross ton cruise ship Norwegian Escape from the covered building dock II

August 12, 2015
Total Views: 328

WATCH: Largest Great White Shark Ever Captured on Film
News

WATCH: Largest Great White Shark Ever Captured on Film

A diver off the coast of has capture some new footage of what is believed to be the largest great white shark ever caught on film. The shark, which

August 12, 2015
Total Views: 871