Thursday, June 23, 2016
soren skou
Shipping News

Maersk’s New CEO Needs a Bit of Bravery to Unlock Value

  By Chris Bryant   (Bloomberg) — Investors are understandably excited about a change of the guard at AP Moeller-Maersk but much will

June 23, 2016
Total Views: 27

Ship Photos of the Day – Ulstein Delivers First X-Stern Wind Farm Service Vessel
News

Ship Photos of the Day – Ulstein Delivers First X-Stern Wind Farm Service Vessel

Norwegian shipbuilder Ulstein has delivered the first of two new offshore wind farm Service Operation Vessels to Bernhard Schulte Offshore. The vessel is

June 23, 2016
Total Views: 197

Desperate Search Continues for Sailboat With Missing Family of Four Off U.S. Gulf Coast
News

Desperate Search Continues for Sailboat With Missing Family of Four Off U.S. Gulf Coast

Update (5:00 p.m. EDT) – The U.S. Coast Guard has confirmed that a second body was recovered Thursday as crews continue to search off of Boca Grande

June 23, 2016
Total Views: 92

Migrant Boat Rescues Surge as Calm Seas Return to Mediterranean
News

Migrant Boat Rescues Surge as Calm Seas Return to Mediterranean

By Darrin Zamit Lupi ABOARD THE TOPAZ RESPONDER, June 23 (Reuters) – Ships manned by humanitarian organisations, the Italian navy and coast guard helped

June 23, 2016
Total Views: 65

hmm containership
Shipping News

Hyundai Merchant Marine Surges On Talks to Join 2M Alliance

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for

June 23, 2016
Total Views: 25

maersk
Shipping News

Maersk Names New CEO Raising Prospect of Restructuring

By Jacob Gronholt-Pedersen and Teis Jensen COPENHAGEN, June 23 (Reuters) – Danish shipping and oil group A. P. Moller-Maersk could split up into separate

June 23, 2016
Total Views: 44

Wednesday, June 22, 2016
Expanded Panama Canal Seen Greatly Increasing Insurance Risk
News

Expanded Panama Canal Seen Greatly Increasing Insurance Risk

By Mike Wackett (The Loadstar) – Ahead of the official opening of the $5.25bn expanded Panama Canal this Sunday, the insurance industry is preparing

June 22, 2016
Total Views: 218

Subsea 7 stock photo
Shipping News

Subsea 7 to Cut 1,200 More Jobs

Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200

June 22, 2016
Total Views: 95

World’s First Offshore Fish Farm Rig to be Moored Off Norway
News

World’s First Offshore Fish Farm Rig to be Moored Off Norway

One of the world’s largest salmon producers is looking to the offshore oil and gas industry for inspiration with the development of a semi-submersible

June 22, 2016
Total Views: 711

Dutch Foundation Unveils Prototype System to Rid the World’s Oceans of Plastic
Shipping News

Dutch Foundation Unveils Prototype System to Rid the World’s Oceans of Plastic

A Dutch foundation developing an advanced clean-up system to rid the world’s oceans of plastic has unveiled its first-ever prototype to be launched later

June 22, 2016
Total Views: 30

Insurer Says MV Benita Grounding a Medical Issue, Not Mutiny
Accidents

Insurer Says MV Benita Grounding a Medical Issue, Not Mutiny

The insurer of a Liberian-flagged bulk carrier which ran aground last week in Mauritius following an apparent brawl on board says that the incident was

June 22, 2016
Total Views: 784

IMO Gearing Up for ‘Day of the Seafarer’
News

IMO Gearing Up for ‘Day of the Seafarer’

The International Maritime Organization is getting ready to celebrate its sixth annual international Day of the Seafarer on June 25th. The theme of this

June 22, 2016
Total Views: 86

Time-Lapse Video: Take a Trip Through the Expanded Panama Canal Locks
Shipping News

Time-Lapse Video: Take a Trip Through the Expanded Panama Canal Locks

Great time-lapse video showing a trial transit of the Panama Canal’s new Atlantic-facing Agua Clara locks from a pilot’s perspective. The vessel is

June 22, 2016
Total Views: 200

cargo ship
Shipping News

RBS Receives Bids for Greek Shipping Business, Sources Say

By Jonathan Saul, Sophie Sassard and Andrew MacAskill LONDON, June 22 (Reuters) – The Royal Bank of Scotland has received bids for its Greek ship finance

June 22, 2016
Total Views: 15

Tuesday, June 21, 2016
Rolls-Royce on Drone Ships: It’s Not If, It’s When
News

Rolls-Royce on Drone Ships: It’s Not If, It’s When

Representatives from the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative (AAWA) are in Amsterdam this week to discuss the

June 21, 2016
Total Views: 125

European Central Bank Hones In on Shipping Loans
News

European Central Bank Hones In on Shipping Loans

By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a

June 21, 2016
Total Views: 39

‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity
News

‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity

By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers

June 21, 2016
Total Views: 80

China COSCO Shipping Planning Cruise Route in Disputed South China Sea
News

China COSCO Shipping Planning Cruise Route in Disputed South China Sea

SHANGHAI, June 21 (Reuters) – State-owned China COSCO Shipping Corp plans to launch cruise trips in the South China Sea next month, with the first route

June 21, 2016
Total Views: 136

Maersk Battles to Stay On Top as Container Shipping Downturn Deepens
News

Maersk Battles to Stay On Top as Container Shipping Downturn Deepens

By Jonathan Saul LONDON, June 21 (Reuters) – Denmark’s Maersk Line is fighting to remain the world’s no.1 container shipping carrier as a

June 21, 2016
Total Views: 63

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit
Shipping News

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit

By Robert Hutton, Alex Morales and Svenja O’Donnell (Bloomberg) — Prime Minister David Cameron made an impassioned plea to the British people to

June 21, 2016
Total Views: 27