News

The latest maritime and offshore news.


Monday, March 13, 2017
Wärtsilä Launches Motion-Prediction Technology for Improved Maneavuring
News

Wärtsilä Launches Motion-Prediction Technology for Improved Maneavuring

Finnish technology and propulsion company Wärtsilä has launched a new technology that is designed to provide safer and more efficient vessel operations by

March 13, 2017
Total Views: 89

Sunday, March 12, 2017
Opening Arctic Waters to Drilling Is Trump Priority, Key Senator Says
Shipping News

Opening Arctic Waters to Drilling Is Trump Priority, Key Senator Says

By Jennifer A. Dlouhy and Catherine Traywick (Bloomberg) — Senator Lisa Murkowski said President Donald Trump is interested in opening up new coastal

March 12, 2017
Total Views: 66

Friday, March 10, 2017
Watch: Newbuild ‘Symphony Provider’ Gets Stuck During Launch
News

Watch: Newbuild ‘Symphony Provider’ Gets Stuck During Launch

On Thursday March 9 the Ferus Smit Shipyard in Leer, Germany launched the Symphony Provider, the second in a series of two ECOBOX DP2 vessels that will be

March 10, 2017
Total Views: 493

CMA CGM Containership. Photo credit: CMA CGM
Shipping News

CMA CGM Returns to Profit in Q4

PARIS, March 10 (Reuters) – CMA CGM, the world’s third-largest container line, swung back to a net profit in the fourth quarter of last year,

March 10, 2017
Total Views: 144

Cargo Ship Aground in Sweden
Shipping News

Cargo Ship Aground in Sweden

The Swedish Maritime Administration is coordinating the salvage of general cargo ship which has run aground on the Gota River. The Netherlands-flagged Skagern

March 10, 2017
Total Views: 63

Spot freight Rates Soar on Backhaul North Europe to Asia Route
Shipping News

Spot freight Rates Soar on Backhaul North Europe to Asia Route

Spot container freight rates from North Europe to China increased by 45% this week, reaching a four-year high, according to the shipping consultancy Drewry.

March 10, 2017
Total Views: 110

bow of a dry bulk carrier at anchor
Shipping News

Baltic Dry Index Hits 3-Month High on Stronger Capesize Rates

March 10 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest

March 10, 2017
Total Views: 31

cargo ship
Shipping News

NordLB to Inject Capital into Bremer Landesbank After Shipping Writedowns

FRANKFURT, March 10 (Reuters) – German state-controlled lender NordLB will inject money into its loss-making Bremer Landesbank (BLB) unit, which is

March 10, 2017
Total Views: 91

ABS Issues Approval in Principle for LNG-Fueled Bulker Design
News

ABS Issues Approval in Principle for LNG-Fueled Bulker Design

International classification society ABS has granted Approval in Principle (AIP) for the Seatransporter-DF, a dual-fuel design concept vessel developed by

March 10, 2017
Total Views: 104

Thursday, March 9, 2017
Panama Canal tugboat
News

Panama Canal Sets Back-to-Back-to-Back Tonnage Records

The Panama Canal set yet another daily tonnage record in February 2017 with a total of 1,180 vessel transits totaling 1.18 million Panama Canal tons (PC/UMS).

March 9, 2017
Total Views: 83

America May Be the World’s Biggest LNG Supplier in Two Decades
News

America May Be the World’s Biggest LNG Supplier in Two Decades

By Ryan Collins and Robert Tuttle (Bloomberg) — By 2035, the U.S. may have surpassed Australia and Qatar to become the world’s biggest supplier of

March 9, 2017
Total Views: 40

Cruise Giants Skip South Korea Amid Missile Defense System Deployment
News

Cruise Giants Skip South Korea Amid Missile Defense System Deployment

BEIJING/SHANGHAI, March 9 (Reuters) – Global cruise giants Carnival Corp and Royal Caribbean Cruises Ltd will cancel South Korean port visits from their

March 9, 2017
Total Views: 76

A hapag-lloyd ship at dock
News

THE Alliance Draws Up Plan to Protect Group from Member Bankruptcy

By Mike Wackett (The Loadstar) – THE Alliance is to set up an independently managed trust fund to safeguard cargo operations should one of its liner

March 9, 2017
Total Views: 70

Aircraft Carriers, Championed by Trump, are Vulnerable to Attack
News

Aircraft Carriers, Championed by Trump, are Vulnerable to Attack

By Scot Paltrow WASHINGTON, March 9 (Reuters) – Last week, President Donald J. Trump chose the deck of the newest U.S. aircraft carrier, the $13 billion

March 9, 2017
Total Views: 94

Study Finds Massive Rogue Waves Aren’t as Rare as Previously Thought
News

Study Finds Massive Rogue Waves Aren’t as Rare as Previously Thought

UM Rosenstiel scientist and colleague’s findings are critical for safe operations at sea University of Miami Rosenstiel School of Marine and Atmospheric

March 9, 2017
Total Views: 184

Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea
Offshore

Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea

By Jessica Shankleman and Brian Parkin (Bloomberg) — Water and electric power plants don’t mix well naturally, unless you add some wind. Water tends to

March 9, 2017
Total Views: 132

Wednesday, March 8, 2017
Crew Boat Miss Lynda Runs Aground on Louisiana Jetty -Incident Photos
Interesting

Crew Boat Miss Lynda Runs Aground on Louisiana Jetty -Incident Photos

The U.S. Coast Guard is coordinating salvage for the crew boat Miss Lynda which ran aground on a jetty near Cameron, Louisiana on Wednesday. The

March 8, 2017
Total Views: 268

Homeowner Irate at Cruise Ship Too Close to Backyard -Video
Interesting

Homeowner Irate at Cruise Ship Too Close to Backyard -Video

https://www.youtube.com/watch?v=AMRPJ7akbHk Hey I feel for Bill here. I recently purchased my first house and I’ll be damned if some cruise ship

March 8, 2017
Total Views: 91

Oversupplied OSV Market Facing Record Number of Deliveries in 2017
News

Oversupplied OSV Market Facing Record Number of Deliveries in 2017

A record 450 offshore supply vessels are still scheduled for delivery in 2017 despite a massive oversupply in the market, according to new figures released by

March 8, 2017
Total Views: 184

containership
News

Wider Entrance to Port of Hamburg Provides More Room for Big Ships

The Port of Hamburg has completed the widening of its Vorhafen Harbour Basin entrance which will allow more space for bigger ships to maneuver. Hamburg Port

March 8, 2017
Total Views: 153