Tuesday, January 23, 2018
Reykjavik, Iceland
News

Iceland’s Offshore Oil Dreams Fade as Operators Back Out

By Ragnhildur Sigurdardottir and Mikael Holter (Bloomberg) — Iceland’s hope of finding oil offshore its coast is fading after China and Norway decided

January 23, 2018
Total Views: 35

ocean infinity seabed constructor
News

Private Firm Kicks Off Search for Malaysia’s Flight MH370

SYDNEY/KUALA LUMPUR, Jan 23 (Reuters) – A U.S.-based company has begun searching for Malaysia Airlines Flight MH370, Malaysia said on Tuesday, as it

January 23, 2018
Total Views: 54

Danish Inventor Charged with Abusing Journalist Before Killing Her Aboard Homemade Submarine
Shipping News

Danish Inventor Charged with Abusing Journalist Before Killing Her Aboard Homemade Submarine

By Julie Astrid Thomsen COPENHAGEN, Jan 23 (Reuters) – Danish inventor Peter Madsen tied up and abused Swedish journalist Kim Wall before murdering

January 23, 2018
Total Views: 66

offshore supply vessel
News

Inmarsat Offers New High-Speed Broadband Service Plans to OSV Market

London-based satellite communications provider Inmarsat is rolling out a new set of plans for its rapidly-expanding Fleet Xpress maritime high-speed broadband

January 23, 2018
Total Views: 78

maersk freight cargo
Shipping News

Maersk Line Joins New York Shipping Exchange as Founding Carrier Member

The New York Shipping Exchange (NYSHEX) has announced that Maersk Line, the world’s largest container ocean carrier, has joined as a founding member and

January 23, 2018
Total Views: 61

Monday, January 22, 2018
Johan Sverdrup jacket installation
Offshore

Delayed Big Oil Projects Starting to Get Off the Ground

By Bailey Schulz (Bloomberg) — The global oil industry’s backlog of big drilling projects is starting to shrink as prices improve. From production

January 22, 2018
Total Views: 24

Dutch Pilot Boat Damaged in Collision with Bulk Carrier
Shipping News

Dutch Pilot Boat Damaged in Collision with Bulk Carrier

A Dutch pilot boat was severely damaged after colliding with a bulk carrier off the coast of Netherlands on Sunday morning. According to Dutch media reports,

January 22, 2018
Total Views: 176

The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia. Photo REUTERS/David M. Parrott
Shipping News

Biggest U.S. East Coast Oil Refinery Files for Bankruptcy

By Barbara Powell and Tiffany Kary (Bloomberg) — Philadelphia Energy Solutions LLC, owner of an oil refinery that supplies more than a quarter

January 22, 2018
Total Views: 46

Rear Adm. John Nadeau
USCG

Sorry Admiral Zukunft, You Are NOT “Clear and Unambiguous”

In the mistakenly-titled article “US Coast Guard seeks tighter grip over third parties in wake of El Faro sinking“, Rear Admiral John Nadeau, USCG

January 22, 2018
Total Views: 91

Port of Savannah Surpasses 4 Million TEU in 2017, Marking New Record
News

Port of Savannah Surpasses 4 Million TEU in 2017, Marking New Record

The Port of Savannah grew its volumes by more than 400,000 twenty-foot equivalent container units in 2017, for a record total of 4.04 million TEUs. The U.S.

January 22, 2018
Total Views: 145

keppel shipyard
News

Keppel Confirms Talks with Borr Drilling on Sale of Jack-Ups

Singapore-based rig builder Keppel Offshore & Marine has confirmed it is in talks with Norwegian drilling contractor Borr Drilling over the possible sale

January 22, 2018
Total Views: 54

cargo ship
News

Global Shipping Industry Failing to Fill Gender Pay Gap

By Alexander Whiteman (The Loadstar) – Ethical and moral standards notwithstanding, companies boasting mixed boards can boast higher profits. Sadly,

January 22, 2018
Total Views: 214

ship emissions
Shipping News

Environmental and Shipping Organizations Call for Carriage Ban on Non-Compliant, High-Sulphur Fuel Come 2020

A group of leading environmental organizations has joined together with the key representatives from the global shipping industry in calling for an explicit

January 22, 2018
Total Views: 17

Team vestas 11th hour racing
News

Vestas Team Withdraws from Volvo Ocean Race Leg After Fatal Collision with Fishing Boat

Jan 20 (Reuters) – Vestas 11th Hour Racing withdrew from the fourth leg of the Volvo Ocean Race on Saturday after a fatal collision with a fishing boat

January 22, 2018
Total Views: 160

dp world shipping terminal
Shipping News

DP World and India’s Infrastructure Fund Plan $3 Billion Investment in Transport and Logistics

By Arif Sharif (Bloomberg) — DP World Ltd., the Dubai-based port operator that manages terminals from Hong Kong to Peru, and India’s National

January 22, 2018
Total Views: 90

tanker at anchor
News

Tanzania President Bans Registration of Foreign Ships, Orders Probe

By Fumbuka Ng’wanakilala DAR ES SALAAM (Reuters) – Tanzanian President John Magufuli on Friday put a temporary ban on the registration of

January 22, 2018
Total Views: 71

Sunday, January 21, 2018
Editorial: Oil’s Rout Is Over, Hail the Return of $100 Crude! Maybe
News

Editorial: Oil’s Rout Is Over, Hail the Return of $100 Crude! Maybe

By Julian Lee (Bloomberg Gadfly) — After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts. A

January 21, 2018
Total Views: 30

LNG carrier gaselys
Shipping News

Tanker With Russian Gas Still Set for Boston Despite Mid-Atlantic U-Turn

By Elena Mazneva and Anna Shiryaevskaya (Bloomberg) — Three weeks after picking up a controversial cargo in the U.K., a liquefied natural gas tanker made

January 21, 2018
Total Views: 91

Saturday, January 20, 2018
Finance

The Most Expensive Cruise Ever – Cryptocurrency Geeks Lose Millions While Aboard Ship

By Blake Schmidt (Bloomberg) When 600 cryptocurrency enthusiasts set sail from Singapore on Monday night for their second annual Blockchain Cruise, the price

January 20, 2018
Total Views: 81

uss hopper.Photo by Mass Communication Specialist 2nd Class Alexander Ventura II/Released)
News

China Accuses U.S. Warship of Violating Its Sovereignty

SHANGHAI, Jan 20 (Reuters) – A U.S. Navy destroyer sailed near a disputed territory claimed by China in the South China Sea earlier in the week, U.S.

January 20, 2018
Total Views: 81