Thursday, August 17, 2017
lng-ready tanker American Endurance
News

New Jones Act Tankers Are Great for Traders, Lousy for Owners

By Laura Blewitt (Bloomberg) — Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches.

August 17, 2017
Total Views: 190

U.S. Navy Turns Merchant Marine-Operated USNS Lewis B. Puller Into Commissioned Warship
News

U.S. Navy Turns Merchant Marine-Operated USNS Lewis B. Puller Into Commissioned Warship

The U.S. Navy will officially redesignate the civilian-manned expeditionary mobile base USNS Lewis B. Puller (ESB 3) into a commissioned warship on Thursday as

August 17, 2017
Total Views: 571

Car Thief Climbs Crane, Strips Naked at Port of Los Angeles in WILD Police Chase Caught on Camera
News

Car Thief Climbs Crane, Strips Naked at Port of Los Angeles in WILD Police Chase Caught on Camera

This is crazy… A bizarre incident at the Port of Los Angeles Wednesday night as a high-speed police chase ended with the suspect entering the port where

August 17, 2017
Total Views: 205

golden ocean ship
News

Golden Ocean Reduces Red Ink, Completes Acquisition of 16 Dry Bulk Vessels

Dry bulk shipping company Golden Ocean has completed its acquisition of 16 modern dry bulk vessels as part of ship-for-share transactions announced earlier

August 17, 2017
Total Views: 50

Modern LNG Carriers Earning More Taking the Scenic Route
Interesting

Modern LNG Carriers Earning More Taking the Scenic Route

By Anna Shiryaevskaya (Bloomberg) — When the tanker Provalys left Louisiana for Chile last month with a full load of U.S. liquefied natural gas, it

August 17, 2017
Total Views: 145

Qatar’s Milaha Launches Direct Container Service to Kuwait Amid Regional Diplomatic Crisis
Shipping News

Qatar’s Milaha Launches Direct Container Service to Kuwait Amid Regional Diplomatic Crisis

DUBAI, Aug 16 (Reuters) – Qatar Navigation (Milaha) , a top Doha-based shipping and logistics group, said on Wednesday it had launched a new container

August 17, 2017
Total Views: 83

Wednesday, August 16, 2017
Rear Admiral Mark Buzby Sworn In as U.S. Maritime Administrator
Shipping News

Rear Admiral Mark Buzby Sworn In as U.S. Maritime Administrator

U.S. Transportation Secretary Elaine Chao has sworn in Rear Adm. Mark H. Buzby (USN, Ret.) as the Administrator of the Maritime Administration. Prior to his

August 16, 2017
Total Views: 112

largest sailing cargo ship
News

Construction of World’s Largest Cargo Sailing Ship Moves Step Closer to Reality

A German-led initiative to build the world’s largest sailing cargo ship has moved one step closer to realization with Lloyd’s Register signing on

August 16, 2017
Total Views: 516

Transocean Shares Take a Beating Over Songa Offshore Deal
News

Transocean Shares Take a Beating Over Songa Offshore Deal

By David Wethe and Joe Carroll (Bloomberg) — Transocean Ltd. dropped to the lowest in more than two decades as investors panned its deal to buy Songa

August 16, 2017
Total Views: 166

PHOTOS: UK’s Biggest Warship HMS Queen Elizabeth Sails Into Portsmouth
Defense

PHOTOS: UK’s Biggest Warship HMS Queen Elizabeth Sails Into Portsmouth

By Peter Nicholls PORTSMOUTH, England, Aug 16 (Reuters) – Britain’s most advanced and biggest warship, the 65,000-tonne aircraft carrier HMS Queen

August 16, 2017
Total Views: 1874

oocl hong kong
News

Global Shipping Industry Bouncing Back From ‘Lehman Moment’

By Kyunghee Park (Bloomberg) — The hulking container ships that transport sneakers, bananas and Barbie dolls around the world keep getting

August 16, 2017
Total Views: 76

maersk containership
News

Maersk Upbeat Despite Hefty Cyber Attack Bill, Impairment Charges

By Jacob Gronholt-Pedersen COPENHAGEN, Aug 16 (Reuters) – Denmark’s A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday,

August 16, 2017
Total Views: 79

oil tanker
News

Iraq Sets Up Oil Shipping, Trading Joint Venture

By Rania El Gamal DUBAI, Aug 16 (Reuters) – OPEC member Iraq has formed a joint venture with a shipping company owned by Arab states to transfer,

August 16, 2017
Total Views: 123

Ground-breaking Wärtsilä design features the world’s first hybrid propulsion solution for fish farming industry
Press Releases

Ground-breaking Wärtsilä design features the world’s first hybrid propulsion solution for fish farming industry

The technology group Wärtsilä has been contracted to deliver the ship design for a new processing and transportation vessel to be built at the Balenciaga

August 16, 2017
Total Views: 115

Tuesday, August 15, 2017
Huntington Ingall to Pay $9.2 Million to Settle False Billing Allegations
News

Huntington Ingall to Pay $9.2 Million to Settle False Billing Allegations

U.S. government shipbuilder and defense contractor Huntington Ingalls Industries Inc. (HII) has agreed to pay $9.2 million to settle allegations that it

August 15, 2017
Total Views: 103

UK-Flagged Bulk Carrier Adrift in Atlantic Ocean After Fire
News

UK-Flagged Bulk Carrier Adrift in Atlantic Ocean After Fire

The crew of a UK-flagged bulk carrier has been evacuated after a fire broke out in a cargo hold off Las Palmas in the Canary Islands. Spain’s Salvamento

August 15, 2017
Total Views: 126

Transocean’s Songa Offshore Deal Is Biggest in Oil Downturn
News

Transocean’s Songa Offshore Deal Is Biggest in Oil Downturn

By Mikael Holter and David Wethe (Bloomberg) — Transocean Ltd. agreed to buy Songa Offshore SE in the biggest offshore drilling industry deal since oil

August 15, 2017
Total Views: 58

WATCH: AIS Animation Shows CSCL Jupiter Grounding and Salvage
Interesting

WATCH: AIS Animation Shows CSCL Jupiter Grounding and Salvage

Check out this animation from Genscape Vesseltracker showing the AIS track of the 366-meter containership CSCL Jupiter when it ran aground on Monday in

August 15, 2017
Total Views: 588

WATCH: Battered by Waves, British Coastguard Makes Daring Rescue
News

WATCH: Battered by Waves, British Coastguard Makes Daring Rescue

The UK Coastguard has released some incredible video showing the daring helicopter rescue of three people from rugged cliffs on the southwest coast of England.

August 15, 2017
Total Views: 91

Another Megaship Grounding Pushes Salvors to Their Limits
Accidents

Another Megaship Grounding Pushes Salvors to Their Limits

By Mike Wackett (The Loadstar) – Another ultra-large container vessel has run aground in North Europe, again raising questions about the ability of

August 15, 2017
Total Views: 261