Thursday, March 3, 2016
golden ocean ship
News

Golden Ocean CEO Says Shipping Market Is Worst in Modern History

By Mikael Holter and Alex Longley (Bloomberg) — Shippers ferrying coal, iron ore and grains across the globe have never had it this bad and should expect

March 3, 2016
Total Views: 77

Wednesday, March 2, 2016
World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case
News

World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service

March 2, 2016
Total Views: 20

capesize bulk carrier
News

Baltic Dry Index Continues Rise But Capesizes Hit New All-Time Low

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on

March 2, 2016
Total Views: 90

China Blocking Philippine Boats’ Access to Fishing Grounds in South China Sea, Officials Say
News

China Blocking Philippine Boats’ Access to Fishing Grounds in South China Sea, Officials Say

By David Tweed and Ditas Lopez (Bloomberg) — China has stationed ships near a submerged reef in the South China Sea, blocking access by Philippine boats

March 2, 2016
Total Views: 49

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles
News

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles

by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510

March 2, 2016
Total Views: 79

News

Norden Says More Scrapping Needed to Restore Balance

COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this

March 2, 2016
Total Views: 29

Time-Lapse: Operation Deep Freeze, the Annual Resupply Mission to Antarctica’s McMurdo Station
News

Time-Lapse: Operation Deep Freeze, the Annual Resupply Mission to Antarctica’s McMurdo Station

Here’s a 4 minute time-lapse of aboard the Military Sealift Command-chartered MV Ocean Giant during Operation Deep Freeze 2016, an annual resupply

March 2, 2016
Total Views: 281

Tuesday, March 1, 2016
Amazing Space Photos from America’s Favorite Astronaut (and Maritime Academy Grad)
News

Amazing Space Photos from America’s Favorite Astronaut (and Maritime Academy Grad)

NASA astronaut Scott Kelly is returning to earth later today after spending an epic year in space aboard the International Space Station. Now you may not

March 1, 2016
Total Views: 100

Falling Crane Damages Newbuild Jack-Up at Sembcorp Marine
News

Falling Crane Damages Newbuild Jack-Up at Sembcorp Marine

Offshore drilling contractor Noble Corporation has confirmed that a newbuild jack-up rig nearing completion at the Semcorp Marine Jurong shipyard

March 1, 2016
Total Views: 203

MV NYK Blue Jay
News

NYK Line Takes Delivery of ‘Cutting Edge’ Containership NYK Blue Jay

NYK Line says it has taken delivery of the “cutting edge” newbuild MV NYK Blue Jay, a uniquely-designed 14,000 TEU capacity containership that

March 1, 2016
Total Views: 94

China Navy Launches First Self-Propelled Floating Dry Dock
News

China Navy Launches First Self-Propelled Floating Dry Dock

BEIJING, March 1 (Reuters) – China’s navy has launched its first self-propelled floating dock, giving it the ability to repair warships far from

March 1, 2016
Total Views: 506

Use It or Lose It:  Big Oil Moves to Drill in Brazil But Not Because Things Improved
News

Use It or Lose It: Big Oil Moves to Drill in Brazil But Not Because Things Improved

By Peter Millard (Bloomberg) — Major oil producers are beginning to confront the need to develop offshore prospects in Brazil, or lose them. Total SA and

March 1, 2016
Total Views: 75

Offshore Vessel Market Set for Consolidation, Owners Say
News

Offshore Vessel Market Set for Consolidation, Owners Say

OSLO, March 1 (Reuters) – A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented

March 1, 2016
Total Views: 80

Pemex Halts Deepwater Projects With Budget Cuts to Stem Losses
News

Pemex Halts Deepwater Projects With Budget Cuts to Stem Losses

By Adam Williams (Bloomberg) — Mexico’s state-owned oil company is taking deepwater development off its plate for now. Driven to rip $5.5 billion out

March 1, 2016
Total Views: 69

Frontline Says Solution to Iran Shipping Insurance Snags Still Months Away
News

Frontline Says Solution to Iran Shipping Insurance Snags Still Months Away

By Henrik Stolen OSLO, March 1 (Reuters) – Frontline, one of the world’s largest independent tanker firms, says securing insurance for cargoes

March 1, 2016
Total Views: 19