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Reuters

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Wednesday, March 2, 2016
capesize bulk carrier
Maritime News

Baltic Dry Index Continues Rise But Capesizes Hit New All-Time Low

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on

March 2, 2016
Total Views: 60

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles
News

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles

by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510

March 2, 2016
Total Views: 46

News

Norden Says More Scrapping Needed to Restore Balance

COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this

March 2, 2016
Total Views: 6

Tuesday, March 1, 2016
China Navy Launches First Self-Propelled Floating Dry Dock
Maritime News

China Navy Launches First Self-Propelled Floating Dry Dock

BEIJING, March 1 (Reuters) – China’s navy has launched its first self-propelled floating dock, giving it the ability to repair warships far from

March 1, 2016
Total Views: 356

Offshore Vessel Market Set for Consolidation, Owners Say
Maritime News

Offshore Vessel Market Set for Consolidation, Owners Say

OSLO, March 1 (Reuters) – A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented

March 1, 2016
Total Views: 48

Frontline Says Solution to Iran Shipping Insurance Snags Still Months Away
Maritime News

Frontline Says Solution to Iran Shipping Insurance Snags Still Months Away

By Henrik Stolen OSLO, March 1 (Reuters) – Frontline, one of the world’s largest independent tanker firms, says securing insurance for cargoes

March 1, 2016
Total Views: 2

Monday, February 29, 2016
Oman Port Targets Bigger Iran Shipping Ties
Maritime News

Oman Port Targets Bigger Iran Shipping Ties

By Jonathan Saul LONDON, Feb 29 (Reuters) – Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of

February 29, 2016
Total Views: 27

Friday, February 26, 2016
ss el faro
Maritime News

U.S. Coast Guard Wraps First Part of El Faro Hearings

By Barbara Liston ORLANDO, Fla., Feb 26 (Reuters) – The U.S. investigation into the deadly sinking of the El Faro cargo ship during a hurricane last fall

February 26, 2016
Total Views: 5

Mexico Planning First-Ever Deep Water Gulf Oil Auction
Maritime News

Mexico Planning First-Ever Deep Water Gulf Oil Auction

MEXICO CITY, Feb 26 (Reuters) – Contract awards for Mexico’s first-ever deep water oil auction covering ten potentially lucrative blocks will take

February 26, 2016
Total Views: 39

dry bulk ship, bulker
Maritime News

Baltic Index Ends Second Straight Week of Gains

Feb 26 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, rose further on

February 26, 2016
Total Views: 7

Thursday, February 25, 2016
Anthem Of The Seas Cruise Ship
Maritime News

Royal Caribbean Faces Two Lawsuits Over Nightmare Cruise Into Storm

By Jonathan Stempel Feb 25 (Reuters) – Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently

February 25, 2016
Total Views: 70

Arctic Thaw Opens Shipping Routes, Risks to Environment
Maritime News

Arctic Thaw Opens Shipping Routes, Risks to Environment

By Jonathan Saul and Nina Chestney LONDON, Feb 25 (Reuters) – The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the

February 25, 2016
Total Views: 16

west gemini drillship
Maritime News

Seadrill to Address $10 Billion Debt in First Half of 2016

By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will

February 25, 2016
Total Views: 25

Wednesday, February 24, 2016
St Petersburg’s New Port Aims to Be Top Russian Cargo Hub
Maritime News

St Petersburg’s New Port Aims to Be Top Russian Cargo Hub

By Jonathan Saul LONDON, Feb 24 (Reuters) – Saint Petersburg’s new deepwater port aims to become Russia’s major hub for cargo and container

February 24, 2016
Total Views: 61

Solstad Offshore Says Consolidation Needed to Restore Profits
Maritime News

Solstad Offshore Says Consolidation Needed to Restore Profits

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging

February 24, 2016
Total Views: 49

Monday, February 22, 2016
Qatargas, Shell and Maersk Join Forces to Develop LNG as Marine Fuel
Maritime News

Qatargas, Shell and Maersk Join Forces to Develop LNG as Marine Fuel

COPENHAGEN, Feb 22 (Reuters) – Qatar and Royal Dutch Shell have agreed to develop liquefied natural gas (LNG) as a marine fuel for use by the

February 22, 2016
Total Views: 10

German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans
Maritime News

German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

February 22, 2016
Total Views: 2

asia vision lng carrier
Maritime News

First U.S. Shale Gas Exports Imminent as Tanker Docks at Sabine Pass

By Jacob Gronholt-Pedersen Feb 22 (Reuters) – A liquefied natural gas (LNG) tanker on Sunday docked at the Sabine Pass terminal in Louisiana, with only

February 22, 2016
Total Views: 59

Sunday, February 21, 2016
el faro wreck
Interesting

El Faro’s Final Communications Played at Hearing – LISTEN

Feb 20 (Reuters) – The captain of the doomed El Faro warned that the “clock was ticking” as his cargo ship took on water in an Atlantic

February 21, 2016
Total Views: 200

Bulk Shipping Hit By Perfect Storm as Global Economic Doldrums Take Toll
News

Bulk Shipping Hit By Perfect Storm as Global Economic Doldrums Take Toll

By Saikat Chatterjee and Tara Joseph HONG KONG, Feb 19 (Reuters) – Off the coast of a nearly deserted island below the southern tip of Hong Kong, at

February 21, 2016
Total Views: 10
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