Tuesday, April 5, 2016
stena line
News

Stena Line Orders “World’s Most Efficient” RoPax Ferries

European ferry operator Stena Line has announced that it has signed a contract for four of the world’s most fuel efficient RoPax ferries to be delivered

April 5, 2016
Total Views: 136

Wärtsilä jack-up vessel
Shipping News

Wärtsilä to Design New Offshore Maintenance Jack-Up

Helsinki-headquartered Wärtsilä says it has been awarded a contract to design a new series of jack-up vessels to serve maintenance vessels in the offshore

April 5, 2016
Total Views: 134

ocean rig sete brasil drillships samsung heavy industries shipyard shipbuilding
Shipping News

DryShips Sells Three Vessels and Ocean Rig Shares To Reduce Debt Burden

DryShips, which owns dry bulk carriers and offshore support vessels, announced that it sold three of its vessels along with the associated bank debt to

April 5, 2016
Total Views: 119

Why the Baltic Dry’s 62% Gain Is Bad News for Shipping
News

Why the Baltic Dry’s 62% Gain Is Bad News for Shipping

By David Fickling (Bloomberg) — Here’s reason to hope that spring has arrived for the global sea freight industry: The Baltic Dry Index, a measure

April 5, 2016
Total Views: 60

london Image credit: London Gateway via Twitter
News

UK Shipping Sector Risks Sinking Fortunes if ‘Brexit’ Prevails

By Jonathan Saul LONDON, April 5 (Reuters) – If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption

April 5, 2016
Total Views: 56

Monday, April 4, 2016
Petrobras Sought Arbitration in Sete Brasil Talks, Sources Say
Offshore

Petrobras Sought Arbitration in Sete Brasil Talks, Sources Say

By Guillermo Parra-Bernal and Aluísio Alves SAO PAULO, April 4 (Reuters) – State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment

April 4, 2016
Total Views: 63

Drewry Questions Viability of ‘Megaships’ as Carriers Focus on Cost Cutting
Shipping News

Drewry Questions Viability of ‘Megaships’ as Carriers Focus on Cost Cutting

By Mike Wackett (The Loadstar) – If losses continue and ocean carriers persist in focusing only on reducing costs rather than improving revenue per teu,

April 4, 2016
Total Views: 54

mv rena
News

MV Rena Wreck No Longer a Hazard to Navigation

The wreck of the MV Rena on Astrolabe Reef no longer poses a hazard to navigation nearly four and a half years after the containership ran aground resulting in

April 4, 2016
Total Views: 194

An undated handout photo of the Gorgon LNG project located in Western Australia.
News

Mechanical Problems Halt LNG Exports from Gorgon Mega-Project

By Henning Gloystein SINGAPORE, April 4 (Reuters) – Chevron’s massive Gorgon liquefied natural gas (LNG) facility in Australia has hit technical

April 4, 2016
Total Views: 52

Maersk to Shut Denmark’s Tyra Field if No Viable Solution Found by End 2016
News

Maersk to Shut Denmark’s Tyra Field if No Viable Solution Found by End 2016

Maersk Oil, the Danish oil and gas company owned by the A. P. Moller-Maersk Group, has announced that it will cease production from its Tyra field in the

April 4, 2016
Total Views: 48

Boskalis
News

Boskalis Completes Strabag Wasserbrau Acquisition

Royal Boskalis Westminster N.V. announced that it completed the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The deal, valued

April 4, 2016
Total Views: 91

Sunday, April 3, 2016
bahris
News

Saudi’s Bahri Secures Financing for Five VLCCs

DUBAI, April 3 (Reuters) – National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at 1.425

April 3, 2016
Total Views: 58

Carnival Finalizes Contracts to Build Five New Cruise Ships at Fincantieri
News

Carnival Finalizes Contracts to Build Five New Cruise Ships at Fincantieri

A big weekend for the world’s largest cruise company as Carnival Corporation finalizes contracts with Italian shipbuilder Fincantieri to build five

April 3, 2016
Total Views: 91

ATD Tugs 2412
Shipping News

Svitzer Modernizes Fleet With Four Damen Tractor Tugs

Svitzer selected Damen Shipyards to provide four ATD 2412 tugs as part of its ongoing fleet renewal program. The four new tugs are of Damen’s 24-metre

April 3, 2016
Total Views: 104

Saturday, April 2, 2016
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

Iran Seeking $2.5 Billion to Modernize Oil Tankers

DUBAI, April 2 (Reuters) – Iran is seeking $2.5 billion investment to modernise its oil tankers fleet following the lifting of sanctions against Tehran,

April 2, 2016
Total Views: 77

Friday, April 1, 2016
boaty mcboatface of the seas
News

Guy Behind ‘Boaty McBoatface’ Asked to Name Royal Caribbean Ship

The guy behind the hilarious idea to name the UK’s new $300 million Antarctic research RRS Boaty McBoatface may have just landed

April 1, 2016
Total Views: 112

Photos Show Damage to Detained ‘Star of Abu Dhabi’ Bulker After Mississippi River Allision
News

Photos Show Damage to Detained ‘Star of Abu Dhabi’ Bulker After Mississippi River Allision

Some new photos obtained by gCaptain show damage to the Star of Abu Dhabi bulk carrier after it reportedly drifted into the dock of a Louisiana sugar refinery,

April 1, 2016
Total Views: 169

asia vision lng carrier
News

U.S. Taps India as Asia’s Debut Buyer of American Shale Gas

By Debjit Chakraborty, Anna Shiryaevskaya and Harry R. Weber (Bloomberg) — Gail India Ltd. bought the second shipment of liquefied natural gas from

April 1, 2016
Total Views: 45

maersk venturer drillship
News

Maersk Drillship Spuds World’s Deepest Well

A Maersk drillship has broken the world record for the deepest water depth for an offshore oil rig after spudding a well located more than two miles

April 1, 2016
Total Views: 1787

WATCH: San Diego Harbor Cruise Plows Into Pier Right in Front of Tourists
Interesting

WATCH: San Diego Harbor Cruise Plows Into Pier Right in Front of Tourists

A scary moment captured on video Thursday as a harbor cruise ship slammed into a crowded pier in San Diego, sending waiting tourists scrambling to get out of

April 1, 2016
Total Views: 97