Wednesday, October 25, 2017
ships at anchor
Shipping News

No Rally to $70/b Oil This Year, Says Global Risk Management -Interview

By Christopher Sell (Bloomberg) — Michael Poulsen, senior oil risk manager at Global Risk Management, says U.S. shale producers have demonstrated

October 25, 2017
Total Views: 42

earliest known astrolabe
News

500-Year-Old Astrolabe May be ‘Earliest Marine Navigation Tool’ Ever Discovered

Researchers at the University of Warwick have identified what is believed to be the earliest known marine navigation tool ever discovered.  The artifact,

October 25, 2017
Total Views: 168

Hess Building a War Chest With 2.5 Billion Barrel Offshore Discovery in Mind
Offshore

Hess Building a War Chest With 2.5 Billion Barrel Offshore Discovery in Mind

By Alex Nussbaum (Bloomberg) — With $2.7 billion in oilfield sales this week, Hess Corp. is making a calculated bet, giving up steady production today to

October 25, 2017
Total Views: 31

Incat Crowther’s Five-Hundredth Vessel Launched
Press Releases

Incat Crowther’s Five-Hundredth Vessel Launched

Incat Crowther has passed a significant milestone with the launch of their 500th vessel, Champion. Fittingly, the 27m catamaran passenger ferry was built by

October 25, 2017
Total Views: 62

Tuesday, October 24, 2017
arctic ice
News

Arctic Sea Ice May Be Declining Faster Than Expected -Study

CALGARY, Alberta, Oct 24 (Reuters) – Arctic sea ice may be thinning faster than predicted because salty snow on the surface of the ice skews the accuracy

October 24, 2017
Total Views: 195

Titanic Victim’s Letter Sells for Record $166,000
News

Titanic Victim’s Letter Sells for Record $166,000

LONDON (Reuters) – A personal letter found on the body of a man killed in the sinking of the Titanic sold at auction on Saturday for 126,000 pounds

October 24, 2017
Total Views: 75

Ultra-Large Containerships Seen Dominating Asia-Europe Trade in 2020’s
News

Ultra-Large Containerships Seen Dominating Asia-Europe Trade in 2020’s

By Gavin van Marle (The Loadstar) – The Asia-North Europe trade will be almost entirely operated by ultra-large container vessels (ULCVs) during the

October 24, 2017
Total Views: 131

lng carrier panama canal
News

American Gas Exporters Looking for Even-Shorter Shortcut Through Mexico, Bypassing Panama Canal

By Ryan Collins and Lucia Kassai (Bloomberg) — Since the first shale gas export terminal opened in Louisiana last year, America’s drillers

October 24, 2017
Total Views: 100

Developers Plan Wind Farms Off New Jersey as Christie Era Ends
News

Developers Plan Wind Farms Off New Jersey as Christie Era Ends

By Joe Ryan (Bloomberg) — After years of being sidelined by New Jersey Governor Chris Christie, wind farm developers are dusting off plans for

October 24, 2017
Total Views: 114

Oil Cleanup Continues in Texas After Barge Explosion, Fire
News

Oil Cleanup Continues in Texas After Barge Explosion, Fire

A Unified Command made up of representatives from the U.S. Coast Guard, Texas General Land Office, and Bouchard Transportation continue to respond to an oil

October 24, 2017
Total Views: 141

offshore wind farm
News

Big Oil Is Investing Billions to Gain a Foothold in Clean Energy

By Anna Hirtenstein (Bloomberg) — The world’s biggest oil companies are closing more clean energy deals as pressure to diversify their businesses

October 24, 2017
Total Views: 127

Six Crew Kidnapped from German-Owned Containership Off Nigeria
Shipping News

Six Crew Kidnapped from German-Owned Containership Off Nigeria

BERLIN, Oct 24 (Reuters) – Six crew from a German container vessel have been kidnapped in Nigerian waters, a shipping company said on Tuesday. Four of

October 24, 2017
Total Views: 72

Press Releases

ABB acquires Tekomar and extends its ABB AbilityTM digital offering

ABB Turbo Systems Ltd. has signed an agreement to acquire Tekomar Group Ltd. headquartered in Winterthur, Switzerland. ABB will further develop Tekomar’s

October 24, 2017
Total Views: 127

Monday, October 23, 2017
TS Empire State VI
Interesting

TS Empire State VI Returning from Hurricane Relief Mission in Florida and Puerto Rico

The SUNY Maritime College training ship, TS Empire State VI, will return to Ft. Schuyler, New York on Tuesday, October 24, after nearly two months at sea in

October 23, 2017
Total Views: 211

Merging Pacific Storms Could Produce 17-Meter Wave Heights
Shipping News

Merging Pacific Storms Could Produce 17-Meter Wave Heights

Update: This storm has produced significant wave heights in excess of 57.8 feet (19.6 m)! Read the update here. Post-Tropical Hurricane Force Storm Lan will

October 23, 2017
Total Views: 107

A foreign cargo ship is seen in front of a port after the area was hit by Hurricane Maria in San Juan, Puerto Rico September 24, 2017.
Interesting

New Jones Act Legislation Pending, with Puerto Rico Focus

Is Temporary Jones Act Relief Possible for Reconstruction? By Eric Lee and J. Michael Cavanaugh (Holland & Knight) – Four bills

October 23, 2017
Total Views: 33

very large ore carrier
Shipping News

Hyundai Heavy to Build Five More VLOCs for Polaris Shipping

South Korean shipbuilder Hyundai Heavy Industries (HHI) has announced that it has signed a $400 million contract to build an additional five Very Large Ore

October 23, 2017
Total Views: 121

crowley flat-deck barge
News

GOP Senators Hold Up Disaster Aid Bill Over Jones Act Shipping Concerns in Puerto Rico – Politico

At least two GOP Senators are delaying the swift passage of a bill that will provide $36.5 billion in disaster relief funding over demands that Puerto Rico be

October 23, 2017
Total Views: 61

ship emissions
News

Shipping Groups Slammed for Aggressive Emissions Lobbying at UN

By Gavin van Marle (The Loadstar) – The shipping industry was today accused of blocking international efforts to curb pollution and greenhouse gas levels

October 23, 2017
Total Views: 55

Save the Children Suspends Mediterranean Migrant Rescues
Shipping News

Save the Children Suspends Mediterranean Migrant Rescues

By Steve Scherer ROME, Oct 23 (Reuters) – International humanitarian group Save the Children said on Monday it had suspended migrant rescues in the

October 23, 2017
Total Views: 104