Thursday, April 14, 2016
bow of a dry bulk carrier at anchor
News

Stronger Demand for Bigger Vessels Pushes Baltic Index Towards 600

April 14 (Reuters) – The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities extended gains on

April 14, 2016
Total Views: 53

U.S. Set to Issue Tighter Offshore Drilling Rules Fought by Industry
News

U.S. Set to Issue Tighter Offshore Drilling Rules Fought by Industry

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration will issue sweeping new regulations on offshore drilling Thursday, imposing potentially

April 14, 2016
Total Views: 30

WATCH: Here’s How the Expanded Panama Canal Will Work
News

WATCH: Here’s How the Expanded Panama Canal Will Work

The $5.3 billion Panama Canal expansion project is finally opening June 26 following years of

April 14, 2016
Total Views: 186

Houston-Based Oil Explorer Energy XXI Files for Bankruptcy After $5 Billion Expansion
News

Houston-Based Oil Explorer Energy XXI Files for Bankruptcy After $5 Billion Expansion

By Tiffany Kary and Joe Carroll (Bloomberg) — Energy XXI Ltd. filed for bankruptcy protection after spending $5 billion on acquisitions in the years

April 14, 2016
Total Views: 69

The U.S. Has More Gas Than It Needs Yet Boston’s Importing Most Since 2012
Shipping News

The U.S. Has More Gas Than It Needs Yet Boston’s Importing Most Since 2012

By Naureen S. Malik (Bloomberg) — The U.S. is grappling with the biggest glut of natural gas in four years. And you wouldn’t know it from the number of

April 14, 2016
Total Views: 18

Containers and ships sit idle at the Port of Long Beach in this file photo
News

Port of Long Beach Off to Strong Start in 2016

Cargo shipments at the Port of Long Beach were up 6.1 percent for the first three months of 2016 compared to the same period last year, starting the year

April 14, 2016
Total Views: 28

Wednesday, April 13, 2016
bridge-range-bearing-gyro-compass
Blog

Training Forecast: Short Waves Of Terror In A Vast Sea Of Boredom

Land, a line on the radar, a steady light off the port bow. Only the radar doesn’t match the chart or compass bearing. Something is off. Drawing closer, but

April 13, 2016
Total Views: 40

Watch How Incredibly Close Two Russian Fighter Jets Came to a U.S. Navy Destroyer
Interesting

Watch How Incredibly Close Two Russian Fighter Jets Came to a U.S. Navy Destroyer

A United States Navy destroyer operating in international waters in the Baltic Sea experienced several close passes by a pair of Russian fighter jets

April 13, 2016
Total Views: 124

Two Crew Kidnapped from CMA CGM Containership Off Nigeria
Interesting

Two Crew Kidnapped from CMA CGM Containership Off Nigeria

Another brazen attack off Nigeria as pirates board and kidnap two crew members from a containership underway. The ship has been identified as the

April 13, 2016
Total Views: 239

Somali pirates
News

Piracy in Gulf of Guinea Surges in First Three Months of 2016, Dryad Says

Despite a global reduction of piracy across international waters during the first three months of 2016, piracy in the Gulf of Guinea, including kidnappings for

April 13, 2016
Total Views: 179

Russian Jets Buzz U.S. Destroyer in “Simulated Attack”, U.S. Official Says
News

Russian Jets Buzz U.S. Destroyer in “Simulated Attack”, U.S. Official Says

By Phil Stewart WASHINGTON, April 13 (Reuters) – Two Russian warplanes with no visible weaponry flew simulated attack passes near a U.S. guided missile

April 13, 2016
Total Views: 43

Idle Containership Fleet Still Growing as 2016 Shapes Up to Be a Record Year for Scrapping
News

Idle Containership Fleet Still Growing as 2016 Shapes Up to Be a Record Year for Scrapping

By Mike Wackett, (The Loadstar) – Laid-up containership capacity “remains at an alarmingly high level”, according to the latest review by Alphaliner

April 13, 2016
Total Views: 146

Bulker under construction at Yangzijiang Shipbuilding in China
News

China’s Yangzijiang Wins $510 Million Ship Order Amid Weak Demand

By Kyunghee Park (Bloomberg) — Yangzijiang Shipbuilding Holdings Ltd., China’s biggest private shipbuilder, won a $510 million order to build six very

April 13, 2016
Total Views: 36

Tuesday, April 12, 2016
Atlantic Offshore Secures Future with Sale of Business
Shipping News

Atlantic Offshore Secures Future with Sale of Business

Norwegian shipowner Atlantic Offshore says it has secured its continued operation amid the weak offshore market with an agreement to sell the

April 12, 2016
Total Views: 105

carnival cruise ship
News

Cuba’s No-Cubans Rule Puts Cruise Lines in Uncharted Waters

By Justin Bachman (Bloomberg) — Carnival Corp.’s maiden voyage to Cuba next month will be filled with almost 700 cruisers looking to spend time

April 12, 2016
Total Views: 25

Marine Industry Looks to Cruise Ships, Wind Farms to Weather Oil Slump
News

Marine Industry Looks to Cruise Ships, Wind Farms to Weather Oil Slump

By Aradhana Aravindan and Keith Wallis SINGAPORE, April 12 (Reuters) – Marine and offshore engineering companies are turning to cruise ships, fishing

April 12, 2016
Total Views: 58

autonomous ship
Interesting

Rolls-Royce Reveals Latest Vision for Drone Ships: “This Is Happening”

Rolls-Royce’s Advanced Autonomous Waterborne Applications Initiative (AAWA) project has unveiled its vision for how remote and autonomous drone ships

April 12, 2016
Total Views: 156

Suez Cuts Transit Fees for US-Asia Ships to Combat Allure of Cape of Good Hope
Shipping News

Suez Cuts Transit Fees for US-Asia Ships to Combat Allure of Cape of Good Hope

By Mike Wackett (The Loadstar) – The Suez Canal Authority (SCA) has reacted to the increasing number of backhaul voyages being routed to Asia via the

April 12, 2016
Total Views: 54

DOF Vessels Land North Sea Work
News

DOF Vessels Land North Sea Work

Norwegian offshore vessel owner DOF Group says it has won two contracts for two of its vessels in the North Sea. The first contracted was awarded to the DOF

April 12, 2016
Total Views: 32

European Shipowners Welcome European Parliament Report on Migrants
News

European Shipowners Welcome European Parliament Report on Migrants

European shipowners have welcomed the own-initiative report by the European Parliament to be adopted this week on migration, outlining in detail how the

April 12, 2016
Total Views: 49