Friday, June 2, 2017
GE Floating $1.7 Billion Platform in Germany Shows Power of Wind
News

GE Floating $1.7 Billion Platform in Germany Shows Power of Wind

By Brian Parkin (Bloomberg) — General Electric Co. said it’s ready to ship a 1.5 billion euro ($1.7 billion) offshore wind platform destined for the

June 2, 2017
Total Views: 115

U.S. Navy Takes Delivery of First Next-Generation Aircraft Carrier, Gerald R. Ford
Interesting

U.S. Navy Takes Delivery of First Next-Generation Aircraft Carrier, Gerald R. Ford

The U.S. Navy has accepted delivery of its first next generation aircraft carrier, the future USS Gerald R. Ford (CVN 78), from Huntington Ingalls

June 2, 2017
Total Views: 144

Thursday, June 1, 2017
The U.S. Government Just Released an Incredibly Detailed Map of the Deepwater Gulf of Mexico
Interesting

The U.S. Government Just Released an Incredibly Detailed Map of the Deepwater Gulf of Mexico

The Bureau of Ocean Energy Management has released a 1.4 billion pixel map of the deepwater Gulf of Mexico that is up to 50 times more detailed than any

June 1, 2017
Total Views: 1335

delfin flng
Offshore

U.S. Approves Exports from First Floating LNG Terminal in Gulf of Mexico

By Naureen S. Malik (Bloomberg) — The first floating terminal proposed to export natural gas out of the Gulf of Mexico has been cleared by U.S.

June 1, 2017
Total Views: 104

crosby commander
Interesting

Search Called Off for Missing ‘Crosby Commander’ Crew Member

The U.S. Coast Guard on Thursday suspended its search for the missing crew member of the Crosby Commander tugboat, which sank Monday in the Gulf of Mexico off

June 1, 2017
Total Views: 113

Armed Pirates Attack Navig8 Tanker in Gulf of Oman
News

Armed Pirates Attack Navig8 Tanker in Gulf of Oman

Armed pirates aboard a skiff attacked an oil tanker underway in the Gulf of Oman on Thursday, but the attack was repelled when the ship’s security team

June 1, 2017
Total Views: 232

Photo: Star Bulk
News

The Baltic Dry Index Falls to 850 Points, Its Lowest Level Since February

June 1 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped on Thursday to its

June 1, 2017
Total Views: 27

statoil oil rig norway
Offshore

Norway Union Reaches Wage Deal with Offshore Drilling Firms, Averting Strike

OSLO, June 1 (Reuters) – Norway’s biggest oil workers’ union reached a wage deal with offshore rig owners on Thursday, averting the risk of a

June 1, 2017
Total Views: 96

Commerzbank Moves Closer to Shedding Toxic Ship Loans
News

Commerzbank Moves Closer to Shedding Toxic Ship Loans

FRANKFURT, June 1 (Reuters) – Commerzbank AG on Thursday announced significant steps in its effort to shed its 4.5 billion euro ($5.05 billion) portfolio

June 1, 2017
Total Views: 1229

News

Japan’s Most-Shorted Stock Facing Rough Seas as Largest Shareholder Looms

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — The most-shorted stock on Japan’s Nikkei 225 Stock Average, a shipping line, is facing rough seas

June 1, 2017
Total Views: 41

Press Releases

Fidelis Group Holdings, LLC Hires Dennis Mathies as Senior Marine Underwriter

Fidelis Group Holdings, LLC (FGH), with its subsidiary Continental Underwriters, Ltd., announced today the hiring of Mr. Dennis Mathies as Senior Marine

June 1, 2017
Total Views: 43