Wednesday, November 16, 2016
Navy

Are Royal Navy Bases “Dilapidated”?

By Rajeev Syal (TheGuardian) The operational readiness of the UK’s armed forces is at risk because the country’s military bases and infrastructure

November 16, 2016
Total Views: 77

Check Out This Awesome Panama Canal LEGO Set That Actually Works
Interesting

Check Out This Awesome Panama Canal LEGO Set That Actually Works

LEGO is known for releasing awesome nautical themed toy sets – including the amazing LEGO Maersk Triple-E Containership – but today they

November 16, 2016
Total Views: 372

Shipping Stock Rally Raises Interest (and Questions)
Interesting

Shipping Stock Rally Raises Interest (and Questions)

By Caroline Valetkevitch NEW YORK, Nov 16 (Reuters) – Shares of U.S. shipping companies shot higher again on Wednesday, tripping various volatility halts

November 16, 2016
Total Views: 117

Study: Shipping Employees Concerned About Job Security
News

Study: Shipping Employees Concerned About Job Security

More shore-based employees in the shipping industry are concerned with their job security than ever before, according to research conducted by international

November 16, 2016
Total Views: 109

Obama Said to Block Selling New Drilling Rights in U.S. Arctic
News

Obama Said to Block Selling New Drilling Rights in U.S. Arctic

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration is set to block the sale of new oil and gas drilling rights in U.S. Arctic waters under a

November 16, 2016
Total Views: 17

Taiwan Offers to Lend Local Shipping Lines $1.9 Billion
Shipping News

Taiwan Offers to Lend Local Shipping Lines $1.9 Billion

TAIPEI, Nov 16 (Reuters) – Taiwan’s government said on Wednesday it will offer to lend struggling local shippers NT$60 billion ($1.9 billion) at

November 16, 2016
Total Views: 21

offshore oil rig Statoil
News

Worst Still to Come for Norway Offshore Fleet as More Rigs Idled

By Mikael Holter (Bloomberg) — The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is

November 16, 2016
Total Views: 68

Rolls-Royce to Close Ship-Engine Sites as CEO Deepens Cost Cuts
Shipping News

Rolls-Royce to Close Ship-Engine Sites as CEO Deepens Cost Cuts

By Benjamin Katz (Bloomberg) — Rolls-Royce Holdings Plc will close the bulk of sites at its marine-engine and ship-design unit and shift some

November 16, 2016
Total Views: 49

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?
Shipping News

Have Shipping Stocks Gotten Way Ahead of Themselves Since the Election?

By Julie Verhage (Bloomberg) — A 1,500 percent stock surge since Nov. 8? It’s possible in Trump’s America. DryShips Inc., which owns tankers

November 16, 2016
Total Views: 46

Tuesday, November 15, 2016
Russia Set to Dismantle First Nuclear-Powered Icebreaker
News

Russia Set to Dismantle First Nuclear-Powered Icebreaker

Russia is set to begin dismantling the nuclear icebreaker Sibir marking the first time ever that a nuclear-powered icebreaker has been sent for recycling. The

November 15, 2016
Total Views: 108

Nathan E. Stewart Removed from B.C. Waters Near Bella Bella
News

Nathan E. Stewart Removed from B.C. Waters Near Bella Bella

A giant crane was used to lift the sunken tug Nathan E. Stewart from the sea floor Monday night more than a month after the tug ran aground near

November 15, 2016
Total Views: 107

Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win
News

Bid to Limit U.S. Offshore Drilling Gains in Wake of Trump Win

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently

November 15, 2016
Total Views: 58

WATCH: Technip’s New Diving Support Vessel, Deep Explorer
News

WATCH: Technip’s New Diving Support Vessel, Deep Explorer

French engineering company Technip has introduced its latest newbuild, the diving support vessel (DSV) Deep Explorer.  The vessel was officially named

November 15, 2016
Total Views: 491

A hapag-lloyd ship at dock
Shipping News

Hapag-Lloyd Seen Winning Conditional EU Approval for UASC Deal

By Foo Yun Chee Nov 15 (Reuters) – German container shipping line Hapag-Lloyd is set to secure EU antitrust approval for its merger with United Arab

November 15, 2016
Total Views: 17

Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
Shipping News

Iranian Floating Storage Tankers Exit Persian Gulf

By Matthew Wheatley, Oil Analyst, Genscape (Genscape) – During the week ending November 11, three vessels, used for floating storage in Iran,

November 15, 2016
Total Views: 41

Shipping News

Rickmers Maritime Doubts Future After Missed Interest Payment

SINGAPORE, Nov 15 (Reuters) – Rickmers Maritime, a Singapore-listed trust that operates container ships, said it faces the risk of going out of business

November 15, 2016
Total Views: 23

IMO to Press On With Carbon Cutting Efforts After Trump Win
Shipping News

IMO to Press On With Carbon Cutting Efforts After Trump Win

By Jonathan Saul LONDON, Nov 15 (Reuters) – Global efforts to cut greenhouse gas emissions will continue even after the election of climate change

November 15, 2016
Total Views: 44

Nordic Welfare Utopias Risk Thumping by Trump
News

Nordic Welfare Utopias Risk Thumping by Trump

By Peter Levring (Bloomberg) — The Nordic welfare utopias of former presidential candidate Bernie Sanders are feeling the pinch of slowing global

November 15, 2016
Total Views: 29

Hanjin Gets Winning Bid From Once-Bankrupt Shipping Company
Shipping News

Hanjin Gets Winning Bid From Once-Bankrupt Shipping Company

By Kyunghee Park (Bloomberg) — A South Korean shipping company that filed for bankruptcy protection five years ago emerged as the surprise winning

November 15, 2016
Total Views: 70

Shipyard of Hyundai Heavy Industries
Interesting

World’s No. 1 Shipbuilder, Hyundai Heavy Industries, Announces Four-Way Split

SEOUL, Nov 15 (Reuters) – South Korea’s Hyundai Heavy Industries is being split into four companies, with its non-shipbuilding businesses being

November 15, 2016
Total Views: 71