Wednesday, February 10, 2016
Maersk’s Hedge Busted as Oil and Freight Revenue Slide
News

Maersk’s Hedge Busted as Oil and Freight Revenue Slide

By Chris Bryant (Bloomberg) — In “normal” times, AP Moeller Maersk’s oil production assets should provide a natural fuel-price hedge

February 10, 2016
Total Views: 70

Offshore Wind Turbines At Sea
News

Dong Energy to Acquire Lease for Wind Project Off New Jersey Coast

By Joe Ryan (Bloomberg) — Dong Energy A/S, the world’s largest offshore-wind developer, agreed to acquire a lease for a site off the coast of New

February 10, 2016
Total Views: 18

Shipping Containers Stacked Tall
News

Container Shipping Lines Offer to Settle EU Pricing Probe

By Foo Yun Chee BRUSSELS, Feb 10 (Reuters) – Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing

February 10, 2016
Total Views: 76

Maersk’s $2.5 Billion Loss in Q4 2015 Worse Than Expected
News

Maersk’s $2.5 Billion Loss in Q4 2015 Worse Than Expected

By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015

February 10, 2016
Total Views: 44

A GTT LNG containment tank.
Shipping News

GTT, DSME Pact to Advance LNG Membrane Technology

The world’s leading designer of membrane containment systems has linked up one of the world’s biggest shipbuilders to advance the commercial

February 10, 2016
Total Views: 140

Tuesday, February 9, 2016
North Korean Shipping Firm Skirts UN Sanctions to Gain Port Access
News

North Korean Shipping Firm Skirts UN Sanctions to Gain Port Access

By Louis Charbonneau and Michelle Nichols UNITED NATIONS, Feb 9 (Reuters) – A U.N.-blacklisted North Korean shipping company continues to evade sanctions

February 9, 2016
Total Views: 65

containership at sea
Shipping News

Low Bunker Prices Offer Relief for Containership Operators, But Slow-Steaming Benefits Lost

By Mike Wackett (The Loadstar) – The jury is out as to whether the dramatic fall in oil prices in the past two years has produced a net benefit

February 9, 2016
Total Views: 149

Fake London Trader Jailed for 14 Years After Scamming Allseas Out of $113 Million
News

Fake London Trader Jailed for 14 Years After Scamming Allseas Out of $113 Million

By Suzi Ring (Bloomberg) — A conman posing as a millionaire London trader who defrauded a Dutch shipping company of 100 million euros ($113 million) was

February 9, 2016
Total Views: 138

German Salvage Tug Assisting Container Vessel
News

Team of Tugs Pull CSCL Indian Ocean Free from Elbe Riverbed

Above is an AIS recreation of the refloating from VesselTracker:One of the world’s largest containerships was pulled free overnight after spending five

February 9, 2016
Total Views: 855

Ship Grounding Refloat At High Tide With Tug Assist
News

VIDEO: Refloat of CSCL Indian Ocean in Germany

A total of 12 tugs helped refloat the grounded CSCL Indian Ocean from Germany’s Elbe River early Tuesday morning.  The operation kicked

February 9, 2016
Total Views: 2183

Electronic Chart Display (ECDIS) aboard ship bridge
Interesting

U.S. Coast Guard Approves Use of Electronic Charts

The U.S. Coast Guard published guidance February 5th that allows mariners to use electronic charts and publications instead of paper charts, maps and

February 9, 2016
Total Views: 315

Video: World’s First ‘Oblique’ Icebreaker Breaks Ice Sideways
Interesting

Video: World’s First ‘Oblique’ Icebreaker Breaks Ice Sideways

Built by Arctech Helsinki for the Russian Ministry of Transport, the Icebreaking Multipurpose Emergency and Rescue Vessel Baltika is a first-of-its-kind

February 9, 2016
Total Views: 499

Ship Radar ECDIS Console
News

Europe Calls Time on Ship Navigation Scheme Despite Risks at Sea

By Jonathan Saul LONDON, Feb 9 (Reuters) – A British-led initiative to create a back-up to satellite navigation systems for ships has been pulled after

February 9, 2016
Total Views: 173

Monday, February 8, 2016
Failure Puzzle
Blog

Are we planning to fail?

by Jaquelyn Burton, (Coeval) So much of our time in the maritime industry – both afloat and ashore is devoted to planning. But, how much planning is

February 8, 2016
Total Views: 50

Indonesian Cargo Ship Banned from Australia for Second Time
News

Indonesian Cargo Ship Banned from Australia for Second Time

An Indonesian cargo ship has been banned from Australian waters for the second time in less than twelve months and following five detentions in just over 3

February 8, 2016
Total Views: 128

Anthem of the Seas Caught in Extreme Storm Off U.S. East Coast
Interesting

Anthem of the Seas Caught in Extreme Storm Off U.S. East Coast

Royal Caribbean’s Anthem of the Seas is expected to return to Cape Liberty, New Jersey on Monday with major interior damage after the cruise

February 8, 2016
Total Views: 596

Nicaragua Sticks to $50 Billion Canal Plan as Setbacks Pile Up
News

Nicaragua Sticks to $50 Billion Canal Plan as Setbacks Pile Up

By Michael McDonald (Bloomberg) — Manuel Coronel Kautz isn’t a man who’s easily deterred. Good thing. Because as head of Nicaragua’s Canal

February 8, 2016
Total Views: 24

USS Milwaukee (LCS 5) during sea trials
News

U.S. Navy Urged to Slow LCS Deployments Until More Testing

By Tony Capaccio (Bloomberg) — Two top senators on defense issues say U.S. Navy leaders should consider delaying deployment of the new Littoral Combat

February 8, 2016
Total Views: 22

Crews Working to Refloat One of World’s Biggest Containerships Still Stuck in Germany
News

Crews Working to Refloat One of World’s Biggest Containerships Still Stuck in Germany

One of the world’s biggest containerships remains hard aground in Germany’s Elbe River just outside the shipping channel leading to the port of

February 8, 2016
Total Views: 76

Nigerian Navy Foils Hijack of Maersk-Linked Ship
News

Nigerian Navy Foils Hijack of Maersk-Linked Ship

By Tony Tamuno and Paul Wallace (Bloomberg) — Nigeria’s navy foiled an attempt by pirates to hijack a container ship operated by A.P. Moeller-Maersk

February 8, 2016
Total Views: 40