Thursday, September 14, 2017
oil tanker
News

DHS Extends Jones Act Waiver and Broadens Geographic Area Covered, But Many Questions Still Unanswered

By Eric Lee and J. Michael Cavanaugh (Holland & Knight) – Acting Secretary of Homeland Security Elaine Duke has issued an extension of

September 14, 2017
Total Views: 44

seadrill drillship
News

John Fredriksen Chucks Seadrill Bondholders Overboard to Keep Company Afloat

By Chris Hughes (Bloomberg Gadfly) — Founder John Fredriksen has had to watch the value of Seadrill Ltd fall from more than $20 billion to barely $100

September 14, 2017
Total Views: 1137

oil tanker
News

Yemen’s Houthi Leader Threatens to Attack Saudi Oil Tankers if Key Port Attacked

DUBAI, Sept 14 (Reuters) – Yemen’s Houthi leader Abdel-Malek al-Houthi said on Thursday his group could target Saudi oil tankers should Saudi

September 14, 2017
Total Views: 72

southampton port
News

UK Customs Model Unlikely to Achieve Frictionless Post-Brexit Trade

By Kylie MacLellan SOUTHAMPTON, England, Sept 14 (Reuters) – At Southampton docks, a top British port for trade with countries outside the EU, the

September 14, 2017
Total Views: 53

SpaceX Blooper Reel – How Not to Land a Rocket at Sea
Shipping News

SpaceX Blooper Reel – How Not to Land a Rocket at Sea

Elon Musk could be the only person in the world who could create a video like this and actually be cool about it, but I guess this is just

September 14, 2017
Total Views: 71

Transas survival craft simulator eliminates drill risks
Press Releases

Transas survival craft simulator eliminates drill risks

Transas has introduced a new Survival Craft Simulator (SCS) to prepare crew for the multitude of possible scenarios that can occur during lifeboat drills,

September 14, 2017
Total Views: 186

Wednesday, September 13, 2017
USCG crewman from Coast Guard Cutter Willow on Bow Lookout duty at night
Shipping News

After Irma, America Should Scrap the Jones Act: Editorial

By The Editors (Bloomberg View) — Another big hurricane, another temporary waiver of the Jones Act — the 1920 law mandating that goods and

September 13, 2017
Total Views: 24

News

Pacific Drilling Delisted from New York Stock Exchange

Shares of Pacific Drilling have been suspended from trading on the New York Stock Exchange due to the ultra-deepwater drilling company’s failure to

September 13, 2017
Total Views: 145

U.S. Extends Jones Act Waiver in Wake of Hurricanes Irma, Harvey
News

U.S. Extends Jones Act Waiver in Wake of Hurricanes Irma, Harvey

The Department of Homeland Security’s Acting Secretary, Elaine Duke, has extended the limited Jones Act waiver for tankers that it had issued last week

September 13, 2017
Total Views: 69

News

Carrier Competition for Market Share Could Start a New Freight Rate War

By Mike Wackett (The Loadstar) – With the first anniversary of the Hanjin Shipping bankruptcy just passed, there are growing fears that ocean carriers

September 13, 2017
Total Views: 81

Large Oil Spill Washes Ashore in Greece After Tanker Sinks
News

Large Oil Spill Washes Ashore in Greece After Tanker Sinks

Greek authorities are working to cleanup a large oil spill that has impacted the shoreline of a Greek island near Piraeus this after a tanker sank in area

September 13, 2017
Total Views: 90

vos stone
News

Newbuild Walk-to-Work Vessel VOS Stone Finds Work at German Offshore Wind Farm

Dutch shipping company Vroon has announced that E.ON AG has contracted its newbuild VOS Stone for logistics support and offshore accommodation at the Arkona

September 13, 2017
Total Views: 219

Seadrill Files for Bankruptcy in Bid to Shrink Debt Burden
Shipping News

Seadrill Files for Bankruptcy in Bid to Shrink Debt Burden

By Steven Church, Mikael Holter, Angelina Rascouet and Luca Casiraghi (Bloomberg) — Seadrill Ltd., the offshore driller controlled by

September 13, 2017
Total Views: 65

Column: A Naval Blockade Can Rein in North Korea
News

Column: A Naval Blockade Can Rein in North Korea

By James Stavridis (Bloomberg View) — North Korean leader Kim Jong Un is fixated on obtaining a serious nuclear arsenal, and continues to thumb

September 13, 2017
Total Views: 137

singapore tanker collides with dredger
Interesting

Five Missing After Dredger Capsizes Following Collision with Tanker Off Singapore

Five crew members of a Dominican-registered dredger were missing after a collision with an Indonesian-registered tanker in Singapore’s territorial waters

September 13, 2017
Total Views: 64

Tuesday, September 12, 2017
seadrill falls
News

Seadrill Files for Prearranged Chapter 11 Bankruptcy as Part of Comprehensive Restructuring Plan

Seadrill has commenced its long-awaited comprehensive restructuring plan which includes a prearranged Chapter 11 bankruptcy as the offshore driller finally

September 12, 2017
Total Views: 87

NTSB Investigators to Determine Cause of ‘El Faro’ Sinking in December
News

NTSB Investigators to Determine Cause of ‘El Faro’ Sinking in December

The National Transportation Safety Board plans to meet in December to determine the probable cause of the October 2015 sinking of the American cargo ship El

September 12, 2017
Total Views: 56

NOAA’s New Weather Satellite Captured Stunning Images of Hurricanes Harvey and Irma
News

NOAA’s New Weather Satellite Captured Stunning Images of Hurricanes Harvey and Irma

The most-advanced weather satellite ever developed by the U.S. National Oceanic and Atmospheric Administration has given scientists and the general public an

September 12, 2017
Total Views: 465

Rolls-Royce Unveils Autonomous Naval Vessel Concept
Shipping News

Rolls-Royce Unveils Autonomous Naval Vessel Concept

Rolls-Royce has unveiled plans for an autonomous naval vessel that it will market to international navies as interest from the naval sector increases.

September 12, 2017
Total Views: 186

Ship-to-ship bunkering off Singapore.
News

OW Bunker Investors Sue IPO Banks

COPENHAGEN, Sept 12 (Reuters) – A group of 24 Danish institutional investors in OW Bunker said on Tuesday it would sue Carnegie Investment Bank and

September 12, 2017
Total Views: 76