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Maritime News


Tuesday, February 4, 2014
gas defiance lpg carrier stealthgas
Maritime News

StealthGas Orders More LPG Carriers, New Execs Hired

Athens-based LPG shipper StealthGas (Nasdaq:GASS) has announced the newbuilding order of two LPG carriers from Japanese shipyards consisting of a 5,000 cubic

February 4, 2014
Total Views: 30

MacGregor 900t AHC subsea crane
Finance

Strong Marine Orders Lift Cargotec’s Turnaround Hopes

Finnish cargo handling equipment maker Cargotec reported a stronger-than-expected order intake in the fourth quarter, boosting hopes its troubled marine

February 4, 2014
Total Views: 31

Monday, February 3, 2014
RNLI Crew Rescues Six Fishermen From 30 Foot Seas
Interesting

RNLI Crew Rescues Six Fishermen From 30 Foot Seas

A volunteer rescue crew with the Royal National Lifeboat Institute this weekend assisted in the rescue of 6 fisherman forced to abandon their trawler in waves

February 3, 2014
Total Views: 28

Real Life Castaway Says He Survived 13 Months Lost At Sea
Blog

Real Life Castaway Says He Survived 13 Months Lost At Sea

Efforts are underway to confirm the identity (and story) of a mystery castaway who washed up last week on a Marshall Islands atoll after allegedly surviving

February 3, 2014
Total Views: 33

South Korea Cleans Up After VLCC Strikes Oil Pipeline
Maritime News

South Korea Cleans Up After VLCC Strikes Oil Pipeline

eams of workers, aided by ships and aircraft, will complete on Monday the sea cleanup of 164,000 litres of oil that leaked off South Korea's southern coast,

February 3, 2014
Total Views: 73

front duke vlcc supertanker frontline
Finance

Fredriksen Reduces Ownership in Frontline

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

February 3, 2014
Total Views: 41

nyk libra containership
Maritime News

Japanese Carriers Steam Back into the Black

The diverse business models of Japanese shipping giants NYK, MOL and K Line pulled them through to profitability at the nine-month stage, ending December 31

February 3, 2014
Total Views: 7

Sunday, February 2, 2014
Hyundai Heavy is All Smiles After Receiving $2 Billion Containership Order
Maritime News

Hyundai Heavy is All Smiles After Receiving $2 Billion Containership Order

The smile on Mr. Y.J.Ji of Hyundai Heavy Industries (HHI) pretty much says it all.  His company just signed a newbuild order today with United Arab Shipping

February 2, 2014
Total Views: 6

Saturday, February 1, 2014
diver subsea underwater scuba
Incidents

Diver Killed at Costa Concordia Salvage Site

ROME, Feb 1 (Reuters) – A Spanish diver died on Saturday during work to salvage the Costa Concordia cruise liner, which capsized off the Italian island

February 1, 2014
Total Views: 20

Cargo Ship Sinks Off Yemen Killing 12 Crew
Maritime News

Cargo Ship Sinks Off Yemen Killing 12 Crew

A cargo ship sank off the coast of Yemen killing all 12 crew, the Interior Ministry said on

February 1, 2014
Total Views: 10

Friday, January 31, 2014
Panama Canal Expansion has U.S. Ports Jumping -In Depth
Maritime News

Panama Canal Expansion has U.S. Ports Jumping -In Depth

By Eric Sabo Jan. 31 (Bloomberg) — It’s an overcast morning as the Zim Shanghai squeezes through the narrows locks near the eastern end of the Panama

January 31, 2014
Total Views: 17

Rolldock’s Newest Semi-Submersible Heavy Lift Ro-Ro Launched in Germany
Maritime News

Rolldock’s Newest Semi-Submersible Heavy Lift Ro-Ro Launched in Germany

On January 31, 2014, the semi-submersible heavy lift Ro-Ro "Rolldock Storm" (Yard No. 759) was launched before a crowd at Flensburger Schiffbau-Gesellschaft

January 31, 2014
Total Views: 185

Vigor In Talks to Buy Seward, Alaska Shipyard
Maritime News

Vigor In Talks to Buy Seward, Alaska Shipyard

The owner of Seward Ship’s Drydock has signed a letter of intent to sell the assets of the Seward, Alaska, shipyard company to Vigor

January 31, 2014
Total Views: 25

hsh nordbank deutsche bank nordlb
Finance

German Ship Lenders Brace For ECB Health Check

By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s

January 31, 2014
Total Views: 13

Thursday, January 30, 2014
Two Collisions, Two Spills in Singapore
Maritime News

Two Collisions, Two Spills in Singapore

The Maritime and Port Authority of Singapore is coordinating the containment and clean-up of two oil spills following two separate collisions south of Jurong

January 30, 2014
Total Views: 66

MARAD Awards $7 Million to Maritime Academies
Maritime News

MARAD Awards $7 Million to Maritime Academies

The U.S. Department of Transportation’s Maritime Administration has announced that the United State's six state maritime academies will receive $1 million

January 30, 2014
Total Views: 19

berlian laju tanker logo
Maritime News

Indonesian Shipping Firm Berlian Laju Slashes Fleet By 44 Percent

Indonesian oil and gas shipping firm PT Berlian Laju Tanker, which narrowly escaped bankruptcy last year, said on Thursday it has cut its fleet size by 44

January 30, 2014
Total Views: 21

kirby
Maritime News

Record Year for Kirby

Considering the huge increase in oil production this year within the United States, it’s no surprise that Kirby Corporation (NYSE:KEX), the United

January 30, 2014
Total Views: 3

heung-a shipping chemical tanker
Maritime News

Heung-A Shipping Records 40 Percent Drop in Operating Income

Even with a 6 percent increase in sales this year, South Korean chemical tanker and container shipper Heung-A Shipping recorded a 39.7 percent drop in

January 30, 2014
Total Views: 5

mt seeb vlcc nitc
Maritime News

P&I Clubs Sound Alarm Over Iran Ship Insurance

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify

January 30, 2014
Total Views: 15
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