Monday, October 5, 2015
gunnerus rolls-royce permanent magnet azimuth thruster
News

Rolls-Royce Cuts 400 Marine Jobs as Oil Hits Offshore-Ship Sales

  By Christopher Jasper (Bloomberg) — Rolls-Royce Holdings Plc said it will cut another 400 jobs at its marine-engines arm as the oil-price decline

October 5, 2015
Total Views: 46

BP’s Record Gulf Oil Spill Settlement Tops $20 Billion
News

BP’s Record Gulf Oil Spill Settlement Tops $20 Billion

  By Rakteem Katakey, Del Quentin Wilber and Margaret Cronin Fisk (Bloomberg) — The value of BP Plc’s settlement with the U.S. government and five

October 5, 2015
Total Views: 37

Baltic Dry Index Slips as Demand Falls Across All Vessels
Shipping News

Baltic Dry Index Slips as Demand Falls Across All Vessels

Oct 5 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday as

October 5, 2015
Total Views: 44

Sunday, October 4, 2015
ss el faro
News

Debris Found in Search for Missing Cargo Ship ‘El Faro’

  Update (Monday, Oct. 5, 2015) – The U.S. Coast Guard has concluded that the American cargo El Faro likely sank in Hurricane Joaquin. A search

October 4, 2015
Total Views: 137

Saturday, October 3, 2015
American Cargo Ship ‘El Faro’ Missing in Hurricane Joaquin Near the Bahamas
Interesting

American Cargo Ship ‘El Faro’ Missing in Hurricane Joaquin Near the Bahamas

Update (Monday, Oct. 5, 2015) – The U.S. Coast Guard has concluded that the American cargo El Faro likely sank in Hurricane Joaquin. A search for

October 3, 2015
Total Views: 392

Oil Tanker Rates Soar Past $100,000 Per Day
Shipping News

Oil Tanker Rates Soar Past $100,000 Per Day

  By Manisha Jha and Naomi Christie (Bloomberg) — The world’s biggest crude oil tankers earned more than $100,000 a day for the first time since

October 3, 2015
Total Views: 162

Friday, October 2, 2015
Hurricane Joaquin Weakens in Bahamas as Search for Ship Continues
News

Hurricane Joaquin Weakens in Bahamas as Search for Ship Continues

  By Brian K. Sullivan (Bloomberg) — A weakening Hurricane Joaquin probably won’t be a threat to the U.S. as it turns north in the Atlantic away

October 2, 2015
Total Views: 42

VIDEO: New Suez Canal Transit in 4K Ultra HD
News

VIDEO: New Suez Canal Transit in 4K Ultra HD

Awesome. Make sure to turn on the 4K setting if you have the

October 2, 2015
Total Views: 85

Bulk Carrier Spills Diesel in Oregon After Hitting Pier
Shipping News

Bulk Carrier Spills Diesel in Oregon After Hitting Pier

  Panamanian-flagged bulk carrier spilled over 1,000 gallons of diesel fuel after alliding with a pier in Astoria, Oregon early Friday. The U.S. Coast

October 2, 2015
Total Views: 58

Twelve Rescued After Abandoning Ship North of Haiti During Hurricane Joaquin
News

Twelve Rescued After Abandoning Ship North of Haiti During Hurricane Joaquin

  Note: This story is unrelated to the missing TOTE Maritime ship El Faro, which was reported missing off the Bahamas during Hurricane Joaquin on

October 2, 2015
Total Views: 508

Farstad Shipping to Lay Up Five Vessels
News

Farstad Shipping to Lay Up Five Vessels

  Farstad Shipping said Friday it is planning to lay up two platform supply vessels and three anchor handling tugs in Norway, marking the latest

October 2, 2015
Total Views: 114

Ship Photos of the Day – Coast Guard Icebreaker Healy Takes Over USCG Instagram
Shipping News

Ship Photos of the Day – Coast Guard Icebreaker Healy Takes Over USCG Instagram

The U.S. Coast Guard Cutter Healy took over the Coast Guard’s Instagram this week while exploring the Arctic Ocean. Here’s a look at some of the

October 2, 2015
Total Views: 65

Containership Widening Brings New Era for Shipowners and New Hope for Panamaxes
News

Containership Widening Brings New Era for Shipowners and New Hope for Panamaxes

  By Gavin van Marle, The Loadstar The second panamax containership to undergo innovative “widening” conversion is set to return to the water next

October 2, 2015
Total Views: 70

Port Hedland
News

Port Hedland Iron Ore Hits Record High in September

  SYDNEY, Oct 2 (Reuters) – Australia’s Port Hedland on Friday reported record monthly iron ore shipments of 39.3 million tonnes in September,

October 2, 2015
Total Views: 76

Thursday, October 1, 2015
Alang Ship Recyclers’ Compliance Shows Not All Breakers Are Bad, Says Largest Cash Buyer
Interesting

Alang Ship Recyclers’ Compliance Shows Not All Breakers Are Bad, Says Largest Cash Buyer

  The world’s largest cash buyer of ships for recycling says that this week’s news that two ship recycling yards in Alang, India have received

October 1, 2015
Total Views: 303

Hurricane Joaquin Strengthens But Threat to U.S. East Coast Reduced
Shipping News

Hurricane Joaquin Strengthens But Threat to U.S. East Coast Reduced

  By Neil Hartnell NASSAU, Oct 1 (Reuters) – Powerful Hurricane Joaquin, which battered the Bahamas with torrential rain, powerful winds and storm

October 1, 2015
Total Views: 44

tanker in storm
Shipping News

Senate Panel Passes Bill to Lift U.S. Crude Exports But Future Uncertain

  By Timothy Gardner WASHINGTON, Oct 1 (Reuters) – A bill to lift the 40-year-old ban on U.S. oil exports passed the Senate Banking Committee on

October 1, 2015
Total Views: 27

Aker Philadelphia Delivers First LNG-Ready Tanker to Crowley
News

Aker Philadelphia Delivers First LNG-Ready Tanker to Crowley

  Jacksonville-based Crowley Maritime Corp. says it has taken delivery of its first LNG-ready Jones Act product tanker from Aker Philadelphia Shipyard

October 1, 2015
Total Views: 45

Nigeria’s Oil Exports Under Threat From Theft Crackdown
News

Nigeria’s Oil Exports Under Threat From Theft Crackdown

  By Libby George LONDON (Reuters) – Nigeria’s latest effort to combat theft could imperil its oil income lifeline, compounding the damage the

October 1, 2015
Total Views: 64

China's first aircraft carrier seen in photo Credit: REUTERS/STRINGER
News

Satellite Images May Show China’s First Domestically Built Aircraft Carrier

  BEIJING, Oct 1 (Reuters) – New satellite images show China may be building its first indigenous aircraft carrier in the northeastern port of

October 1, 2015
Total Views: 87