Monday, April 18, 2016
Cheap Oil Slows Appetite for LNG as Alternative Shipping Fuel
News

Cheap Oil Slows Appetite for LNG as Alternative Shipping Fuel

By Jonathan Saul and Nina Chestney LONDON, April 18 (Reuters) – Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of

April 18, 2016
Total Views: 83

Big Oil’s `Rock Star’ in Congress Runs Rig Tours to Win Votes
Offshore

Big Oil’s `Rock Star’ in Congress Runs Rig Tours to Win Votes

By Jennifer A. Dlouhy (Bloomberg) — Congressman Steve Scalise leaned over the railing of the Chevron Corp. oil platform floating in inky blue waters 250

April 18, 2016
Total Views: 26

Australia Accelerates Naval Shipbuilding Program to Secure Jobs
News

Australia Accelerates Naval Shipbuilding Program to Secure Jobs

By Colin Packham SYDNEY, April 18 (Reuters) – Australia will speed up plans to build more naval vessels in domestic shipyards, Prime Minister Malcolm

April 18, 2016
Total Views: 72

keppel shipyard
News

Keppel Profit Drops as Oil Slump Delays Offshore Projects

By Kyunghee Park (Bloomberg) — Keppel Corp., the world’s largest builder of oil rigs, reported a 41 percent decline in first-quarter profit as weak oil

April 18, 2016
Total Views: 13

Sunday, April 17, 2016
NTSB to Resume Search for El Faro’s Voyage Data Recorder
News

NTSB to Resume Search for El Faro’s Voyage Data Recorder

The National Transportation Safety Board is set to resume its search Monday for the voyage data recorder of the sunken El Faro cargo ship. The U.S.

April 17, 2016
Total Views: 77

China Steps Up Drills in South China Sea
News

China Steps Up Drills in South China Sea

BEIJING, April 17 (Reuters) – China’s South China Sea fleets have conducted training drills with upgraded methods that resemble actual combat

April 17, 2016
Total Views: 82

Pirates Kidnap Four Crew Off Malaysia
News

Pirates Kidnap Four Crew Off Malaysia

Pirates have kidnapped four crew from an Indonesian tug and barge in international waters between Malaysia and the Philippines, the Indonesian Ministry of

April 17, 2016
Total Views: 152

Friday, April 15, 2016
Underwater Search Finds Loch Ness ‘Monster’ in Scotland
News

Underwater Search Finds Loch Ness ‘Monster’ in Scotland

Time after time the search has been made, and time after time, they’ve all come back empty handed. This week however, a division of Kongsberg Maritime

April 15, 2016
Total Views: 257

Philly Shipyard Delivers Third LNG-Ready Jones Act Tanker to Crowley
News

Philly Shipyard Delivers Third LNG-Ready Jones Act Tanker to Crowley

Crowley Maritime has taken delivery of the third of four Jones Act product tankers being built for the company by Philly Shipyard. The 50,000 dwt tanker,

April 15, 2016
Total Views: 135

dry bulk ship, bulker
News

Baltic Dry Index Soars Past 600 Points

April 15 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, rose on Friday, supported

April 15, 2016
Total Views: 39

Costa Cruises Sending Fifth Ship to Asia
Cruise Ships

Costa Cruises Sending Fifth Ship to Asia

The Costa Group has announced that starting in April 2017 its 56,000 ton Costa neoRomantica will be based in Asia year-round. Costa neoRomantica will be the

April 15, 2016
Total Views: 72

All Bets Off for Stranded Casino Ship and Forlorn Crew Off Hong Kong
Shipping News

All Bets Off for Stranded Casino Ship and Forlorn Crew Off Hong Kong

By Farah Master HONG KONG, April 15 (Reuters) – Captain Valerie Lyzhyn and his 45 crew are stranded in Hong Kong, big losers in a gambling slump

April 15, 2016
Total Views: 83

NYK-14000-Container-Verssel
Shipping News

NYK Takes Delivery of 14,000 TEU Container Ship

Japan Marine United Corp. recently delivered the 14,000 TEU container ship NYK Blue Jay to shipping company Nippon Yusen Kaisha (NYK). The vessel, which

April 15, 2016
Total Views: 303

One Chinese Shipyard Is So Unprofitable It’s Literally Becoming a Parking Lot
News

One Chinese Shipyard Is So Unprofitable It’s Literally Becoming a Parking Lot

By Ma Jie (Bloomberg) — Chinese shipbuilders are under so much financial strain that one of them is literally being turned into a parking lot. China

April 15, 2016
Total Views: 73

Container Shipping Faces Tough 2016 as Rates Plummet 78% This Tear
Shipping News

Container Shipping Faces Tough 2016 as Rates Plummet 78% This Tear

By Ole Mikkelsen COPENHAGEN, April 15 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe have plummeted

April 15, 2016
Total Views: 207

Thursday, April 14, 2016
U.S. Issues Tough New Rules for Offshore Drilling
News

U.S. Issues Tough New Rules for Offshore Drilling

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration is imposing tough new regulations for offshore drilling nearly six years after the Deepwater

April 14, 2016
Total Views: 128

ExxonMobil Exports First Cargo of Gulf of Mexico Crude
Shipping News

ExxonMobil Exports First Cargo of Gulf of Mexico Crude

HOUSTON, April 14 (Reuters) – Exxon Mobil is shipping a cargo of crude produced from its deepwater Julia field in the Gulf of Mexico to its refinery in

April 14, 2016
Total Views: 57

Damaged Littoral Combat Ship USS Fort Worth to Return to San Diego Under Own Power
Shipping News

Damaged Littoral Combat Ship USS Fort Worth to Return to San Diego Under Own Power

The U.S. Navy’s USS Fort Worth (LCS 3), the littoral combat ship sidelined in Singapore due to gear damage, will sail under its own power to San Diego

April 14, 2016
Total Views: 80

Exxon Says New Rules Will Sink Deepwater Oil Drilling
Offshore

Exxon Says New Rules Will Sink Deepwater Oil Drilling

By Joe Carroll (Bloomberg) — The world’s biggest oil explorers are fighting a U.S. plan to toughen offshore drilling rules that Exxon Mobil Corp. said

April 14, 2016
Total Views: 93

Japan’s K-Line Said to Cut Fleet of Smaller Bulk Carriers in Half
News

Japan’s K-Line Said to Cut Fleet of Smaller Bulk Carriers in Half

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping company, plans to halve the fleet of its

April 14, 2016
Total Views: 124