Thursday, February 18, 2016
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

As Iran Revives Oil to Europe, U.S. Insurer Says Tankers Covered

By Alex Longley (Bloomberg) — As Iran prepared to return to the global crude market, ship insurance, an obscure but vital part of the commodity trading

February 18, 2016
Total Views: 23

Golden Ocean CEO On Weak Market: “We are in a very serious situation”
News

Golden Ocean CEO On Weak Market: “We are in a very serious situation”

OSLO, Feb 18 (Reuters) – Dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity, backed by its main owner billionaire John

February 18, 2016
Total Views: 76

More Icebreakers, Second Poe-Sized Lock Critical to Great Lakes Shipping, Task Force Says
News

More Icebreakers, Second Poe-Sized Lock Critical to Great Lakes Shipping, Task Force Says

Too few U.S. and Canadian icebreakers and reliance on a single Poe-sized lock to connect Lake Superior to the Lower Lakes and Seaway are among the top issues

February 18, 2016
Total Views: 82

Introducing COSCOCS: China’s New Shipping Giant to Ride Out Downturn
News

Introducing COSCOCS: China’s New Shipping Giant to Ride Out Downturn

By Brenda Goh SHANGHAI, Feb 18 (Reuters) – China on Thursday launched a challenge to global shippers AP Moller Maersk and Mitsui OSK Lines, but analysts

February 18, 2016
Total Views: 139

golden ocean
News

Dry Bulk Shipping Company Golden Ocean Eyeing $200 Million in Restructuring

OSLO, Feb 18 (Reuters) – Billionaire investor John Fredriksen’s dry bulk shipping firm Golden Ocean plans to raise $200 million in fresh equity as

February 18, 2016
Total Views: 112

Wednesday, February 17, 2016
Containership Engineroom
Photo

SPOTD: 6 Incredibly Ultra Wide Engine Room Panoramic Photos

Photographing a ship’s engine room is a daunting task for even the best maritime photographers because of the sheer size, breadth and scale of room and

February 17, 2016
Total Views: 1722

cma cgm
News

Container Shipping Shake-Up as CMA CGM, China Cosco, OOCL and Evergreen Plan New Alliance

By Mike Wackett (The Loadstar) – Newly-merged Chinese ocean carriers Cosco and CSCL, together with Evergreen, OOCL and CMA CGM are set to form a new

February 17, 2016
Total Views: 110

Maersk cont
News

Maersk Line Consolidates South America Operations

SAO PAULO, Feb 17 (Reuters) – Maersk Line, the world’s largest container ship operator, said on Wednesday it was consolidating operations in

February 17, 2016
Total Views: 78

BIMCO: Best Year Ever for U.S. East Coast Container Imports
News

BIMCO: Best Year Ever for U.S. East Coast Container Imports

(BIMCO) – 2015 was a busy year for container traffic on the eastern coast of the US. 7.9 million TEU of loaded containers entered the US East Coast in

February 17, 2016
Total Views: 64

Ocean Rig Has Two More Drilling Rig Contracts Cancelled
News

Ocean Rig Has Two More Drilling Rig Contracts Cancelled

Deepwater drilling contractor Ocean Rig UDW has announced two drilling contracts held with two separate clients have been terminated, with CEO George

February 17, 2016
Total Views: 99

U.S. Gets Final Shot at Gulf Oil Spill Verdict in Ex-BP Manager’s Trial
News

U.S. Gets Final Shot at Gulf Oil Spill Verdict in Ex-BP Manager’s Trial

By Margaret Cronin Fisk (Bloomberg) — Federal prosecutors have one last chance to send someone to jail over the deadly 2010 BP Plc Gulf of Mexico well

February 17, 2016
Total Views: 79

China’s Missile Move Sparks Questions on South China Sea Plans
News

China’s Missile Move Sparks Questions on South China Sea Plans

By David Tweed (Bloomberg) — China sparked new questions about its intentions in the South China Sea after it deployed surface-to- air missiles to a

February 17, 2016
Total Views: 28

Baltic Dry Index Rises for Fourth Straight Session
News

Baltic Dry Index Rises for Fourth Straight Session

Feb 17 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fourth

February 17, 2016
Total Views: 46

deep water dive support vessel
News

Wärtsilä to Design New Deep Water Dive Support Vessel

Wärtsilä has announced that it has signed a contract with Shanghai Bestway Marine Engineering Design Co Ltd to design a new type of deep water dive support

February 17, 2016
Total Views: 191

The World’s Uber Rich Are Now Renting Giant Cruise Ships
Shipping News

The World’s Uber Rich Are Now Renting Giant Cruise Ships

By Mark Ellwood (Bloomberg) — Floating amid mega-yachts in Monte Carlo’s crowded harbor during the May 2015 Monaco Grand Prix was a startling sight:

February 17, 2016
Total Views: 179

WATCH: Baltic Runner in 4K HD
Video

WATCH: Baltic Runner in 4K HD

From the uploader George Leonov: This time lapse footage was made while I worked on a containership the MV Carat going around the Baltic Sea and North Europe.

February 17, 2016
Total Views: 83

Tuesday, February 16, 2016
Felixstowe, London Gateway and Southampton First UK Ports to Offer Container Weighing Service
News

Felixstowe, London Gateway and Southampton First UK Ports to Offer Container Weighing Service

By Mike Wackett (The Loadstar) – DP World’s two UK container terminals at London Gateway and Southampton are to offer shippers container weighing

February 16, 2016
Total Views: 149

ss el faro
News

Coast Guard Wraps First Day of Testimony in El Faro Hearing

By Barbara Liston Feb 16 (Reuters) – The captain of the U.S. cargo ship that sank off the Bahamas in a hurricane last fall, killing all 33 people on

February 16, 2016
Total Views: 99

Ultra Large Containerships: How Big is Too Big?
Blog

Ultra Large Containerships: How Big is Too Big?

By Capt. George H Livingstone, The recent grounding of the Ultra Large Container Vessel “CSCL Indian Ocean” got me thinking again about the relatively

February 16, 2016
Total Views: 895

Three Rescued from Boston Harbor After Tugboat Sinks
News

Three Rescued from Boston Harbor After Tugboat Sinks

Three people were pulled from the frigid waters of the Boston Harbor cold but alive after their 55-foot tugboat sank suddenly Tuesday morning. The U.S. Coast

February 16, 2016
Total Views: 112