Friday, October 21, 2016
The Feds Won’t Buy This $19 Million Stealth Boat—or Let It Be Sold Abroad
News

The Feds Won’t Buy This $19 Million Stealth Boat—or Let It Be Sold Abroad

By Caroline Winter (Bloomberg) — Self-made millionaire Gregory Sancoff has spent a decade and $19 million building a highly unusual stealth boat. Called

October 21, 2016
Total Views: 148

Denmark Planning for Future With Autonomous Ships
News

Denmark Planning for Future With Autonomous Ships

The Danish Maritime Authority is preparing for a future that includes autonomous ships by launching a pre-study on the matter. The Authority says that unmanned

October 21, 2016
Total Views: 129

vlcc supertanker
News

VLCC Rates to Stay firm on High Cargo Volumes

By Keith Wallis SINGAPORE, Oct 21 (Reuters) – Freight rates for very large crude carriers (VLCCs) could dip but are likely to remain firm next week on

October 21, 2016
Total Views: 47

Allseas Pioneering Spirit First Oil Rig Decommissioning Job
Interesting

WATCH: Pioneering Spirit Removes Yme Topsides in North Sea

Long video but worth a watch if you want to see one of the most unique ships of the last decade in action. The ship is Allseas’ Pioneering Spirit,

October 21, 2016
Total Views: 374

Edison Chouest to Build 13 Damen Tugs Following Texas, Alaska Contract Wins
News

Edison Chouest to Build 13 Damen Tugs Following Texas, Alaska Contract Wins

Louisiana-based Edison Chouest Offshore is building 13 Damen-designed heavy duty mooring assistance and escort tugs in response to two major contract wins in

October 21, 2016
Total Views: 213

ship emissions
News

Industry Issues Joint Call to IMO to Act on Shipping Emissions

A group of 52 leading maritime players have called on the International Maritime Organization to act on cutting emissions from the shipping industry ahead

October 21, 2016
Total Views: 41

News

Norsafe ‘Concerned’ by Spate Lifeboat Drill Accidents

Norway-based Norsafe, a leading manufacturer of marine life-saving equipment for the commercial and offshore market, says it is concerned about the recent

October 21, 2016
Total Views: 117

161013-n-su278-229
News

U.S. Carries Out Freedom-of-Navigation Operation in South China Sea

By Idrees Ali and Matt Spetalnick WASHINGTON, Oct 21 (Reuters) – A U.S. navy destroyer sailed near islands claimed by China in the South China Sea on

October 21, 2016
Total Views: 114

Thursday, October 20, 2016
Hanjin Shipping in Talks to Sell Long Beach Terminal to MSC
News

Hanjin Shipping in Talks to Sell Long Beach Terminal to MSC

By Joyce Lee SEOUL, Oct 21 (Reuters) – Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based

October 20, 2016
Total Views: 39

Youtuber Chases Ships with His Drone and the Footage is Spectacular
Blog

Youtuber Chases Ships with His Drone and the Footage is Spectacular

Just over a year ago Youtuber Th Bee (aka TheraDrone) launched his Phantom 3 Professional drone from a quiet beach in Belgium to chase a passing MSC

October 20, 2016
Total Views: 432

Car Carrier Catches Fire at Antwerp Dock
News

Car Carrier Catches Fire at Antwerp Dock

A serious fire broke out overnight in the cargo area of a pure car and truck carrier docked at the Port of Antwerp.  According to reports the fire erupted

October 20, 2016
Total Views: 308

Britain Watches as Russian Warships Sail Past Coast for Mediterranean
Defense

Britain Watches as Russian Warships Sail Past Coast for Mediterranean

(Bloomberg) — U.K. warships are monitoring a Russian aircraft-carrier group sailing past Britain’s eastern coast to the Mediterranean Sea to supplement

October 20, 2016
Total Views: 55

apl-ship-port-or-long-beach
News

CMA CGM Has Already Paid Down Half of NOL Takeover Loan

PARIS, Oct 20 (Reuters) – CMA CGM, the world’s third-largest container shipping firm, has already reimbursed half of a $1.6 billion bank loan taken

October 20, 2016
Total Views: 236

rickmers maritime
News

Rickmers Investors Seek Bond Payment Amid Singapore Stresses

By Denise Wee (Bloomberg) — Singapore-based shipping trust Rickmers Maritime said it received a letter from lawyers representing some investors stating

October 20, 2016
Total Views: 360

Jackup rigs under construction at the Keppel FELS shipyard in Singapore.
News

Keppel Profit Hit by Weak Rig Orders

SINGAPORE, Oct 20 (Reuters) – Singaporean conglomerate Keppel Corp reported a 38 percent fall in its third-quarter profit as low oil prices resulted in a

October 20, 2016
Total Views: 76

capesize bulk carrier
Shipping News

Capesize Rates to Fall as Too Much Tonnage Stalks Market

By Keith Wallis SINGAPORE, Oct 20 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes will continue to fall next week as too

October 20, 2016
Total Views: 30

Wednesday, October 19, 2016
Expansion Helps Panama Canal to Third-Highest Annual Tonnage in 2016
News

Expansion Helps Panama Canal to Third-Highest Annual Tonnage in 2016

The Panama Canal has recorded the third-highest annual tonnage in its 102-year history in 2016 helped by the opening of the new neopanamax locks. During fiscal

October 19, 2016
Total Views: 134

Tanker Rates Surge Ahead of OPEC Deal
Shipping News

Tanker Rates Surge Ahead of OPEC Deal

By Firat Kayakiran (Bloomberg) — Oil tanker rates jumped to a four-month high as traders booked the most cargoes for the time of year on record,

October 19, 2016
Total Views: 25

Drewry: Container Shipping Market Has Bottomed Out
News

Drewry: Container Shipping Market Has Bottomed Out

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a

October 19, 2016
Total Views: 61

Gearbulk, Grieg Star Joint Venture to Operate 130-Ship Fleet
Shipping News

Gearbulk, Grieg Star Joint Venture to Operate 130-Ship Fleet

Bulk shipping companies Gearbulk and Grieg Star have announced their intensions to join forces in a joint venture that will operate a combined fleet of more

October 19, 2016
Total Views: 145