Thursday, February 25, 2016
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News

Seadrill to Address $10 Billion Debt in First Half of 2016

By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will

February 25, 2016
Total Views: 44

Private Equity Turning Its Back on Shipping
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Private Equity Turning Its Back on Shipping

By Nicholas Brautlecht (Bloomberg) — Private equity is turning its back on shipping after a glut of funding over the last five years contributed to

February 25, 2016
Total Views: 1252

Australian Icebreaker Still Aground in Antarctica
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Australian Icebreaker Still Aground in Antarctica

Australia’s most powerful icebreaker Aurora Australis remains aground in Antarctica near Mawson station after the ship broke free from its

February 25, 2016
Total Views: 120

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America’s Shale Gas Debuts in Global Trade

By Naureen S. Malik (Bloomberg) — It’s official. The natural gas flowing out of America’s shale formations is now available to the world. The

February 25, 2016
Total Views: 43

Wednesday, February 24, 2016
News

Former Investigator Claims Crew Lit Deadly Fire Aboard ‘Scandinavian Star’ Ferry in 1990

A new twist this week over who lit the fires that killed 159 people aboard the car and passenger ferry Scandinavia Star in 1990, with a former investigator

February 24, 2016
Total Views: 210

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News

How Many Gas Tankers Would It Take to Wipe out a U.S. Glut?

By Naureen S. Malik  (Bloomberg) – At least 163 tankers. That’s how many cargoes of natural gas it’d take to wipe out the ever-expanding glut of

February 24, 2016
Total Views: 84

USS Milwaukee Arrives at BAE Shipyard in Mayport
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USS Milwaukee Arrives at BAE Shipyard in Mayport

The U.S. Navy’s San Diego-based littoral combat ship USS Milwaukee (LCS 5) arrived at the BAE shipyard in Mayport, Florida earlier this week to complete

February 24, 2016
Total Views: 69

St Petersburg’s New Port Aims to Be Top Russian Cargo Hub
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St Petersburg’s New Port Aims to Be Top Russian Cargo Hub

By Jonathan Saul LONDON, Feb 24 (Reuters) – Saint Petersburg’s new deepwater port aims to become Russia’s major hub for cargo and container

February 24, 2016
Total Views: 125

WATCH: Brave Tern Full Height Test
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WATCH: Brave Tern Full Height Test

The offshore wind turbine installation vessel Brave Tern conducts a “full-height jacket test” at the port of Rotterdam. During the test the jack-up

February 24, 2016
Total Views: 219

Billionaire Shipping Magnate Has Other Fish to Fry in Oil Rout
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Billionaire Shipping Magnate Has Other Fish to Fry in Oil Rout

By Mikael Holter (Bloomberg) — When the price of a 10-pound (4.5-kilogram) Atlantic salmon jumped above the cost of a barrel of crude last month, nobody

February 24, 2016
Total Views: 74

Cheniere Who? Former Chief Starting His Own LNG Company
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Cheniere Who? Former Chief Starting His Own LNG Company

By Harry R. Weber and Tim Loh (Bloomberg) — Charif Souki is doubling down on liquefied natural gas. Two months after the outspoken founder and chief

February 24, 2016
Total Views: 388

Solstad Offshore Says Consolidation Needed to Restore Profits
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Solstad Offshore Says Consolidation Needed to Restore Profits

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging

February 24, 2016
Total Views: 78

Blizzard Forces Aurora Australis Icebreaker Aground in Antarctica
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Blizzard Forces Aurora Australis Icebreaker Aground in Antarctica

Update: Australian Icebreaker Still Aground in Antarctica Australia’s flagship icebreaker Aurora Australis has run aground in Antarctica after it

February 24, 2016
Total Views: 187

Greece Seeks Role as Gateway for Iran’s Energy Exports to Europe
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Greece Seeks Role as Gateway for Iran’s Energy Exports to Europe

By Paul Tugwell and Nikos Chrysoloras (Bloomberg) — Greece is in preliminary talks with Iran to secure natural gas for local needs and provide a gateway

February 24, 2016
Total Views: 39

Tuesday, February 23, 2016
Canals Feel Ripples of Container Shipping Crisis as Vessels Go the Long Way Round
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Canals Feel Ripples of Container Shipping Crisis as Vessels Go the Long Way Round

By Gavin van Marle (The Loadstar) – The Panama and Suez canals could be the next institutions to be affected by the ongoing crisis in the container

February 23, 2016
Total Views: 528

PHOTOS: Canadian Fishing Vessel Saved Off Greenland
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PHOTOS: Canadian Fishing Vessel Saved Off Greenland

A Canadian fishing vessel with 30 people aboard is expected to arrive in Nuuk, Greenland in stable condition late Tuesday night following a complex effort

February 23, 2016
Total Views: 292

‘Naming and Shaming’ Undermines Progress Made on Ship Beaching, Largest Cash Buyer Says
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‘Naming and Shaming’ Undermines Progress Made on Ship Beaching, Largest Cash Buyer Says

The world’s largest cash buyer of ships for recycling is calling on the shipping industry to support the recycling businesses that are striving to

February 23, 2016
Total Views: 60

Shell Seals Offshore Oil and Gas Deal With Bulgaria
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Shell Seals Offshore Oil and Gas Deal With Bulgaria

By Slav Okov (Bloomberg) — Royal Dutch Shell Plc signed a five-year contract for oil and natural gas exploration in the deep waters of the Black Sea off

February 23, 2016
Total Views: 79

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Petrobras Emerges as Buyer of First U.S. Shale Gas Export

By Sabrina Valle and Harry R. Weber (Bloomberg) — Petroleo Brasileiro SA, Brazil’s state-owned energy company, is scheduled to receive the first cargo

February 23, 2016
Total Views: 87

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‘Liquid Freedom’ Sails From Texas, Tilting Power in Global Oil

By Joe Carroll and Harry R. Weber (Bloomberg) — The sea stretched toward the horizon last New Year’s Eve as the Theo T, a red-and-white tug at her

February 23, 2016
Total Views: 31