News

The latest maritime and offshore news.


Friday, March 3, 2017
Capsized Indian Navy Frigate Righted in Mumbai Dock
News

Capsized Indian Navy Frigate Righted in Mumbai Dock

US-based salvage company RESOLVE Marine Group has completed the salvage of the INS Betwa, the Indian Navy frigate that capsized inside a dock at a naval

March 3, 2017
Total Views: 281

U.S. Gulf Corn Hits Post-Harvest Highs as PNW Port Gridlock Persists
News

U.S. Gulf Corn Hits Post-Harvest Highs as PNW Port Gridlock Persists

By Karl Plume CHICAGO, March 3 (Reuters) – A backlog of grain ships waiting to load at U.S. Pacific Northwest (PNW) ports is threatening to persist into

March 3, 2017
Total Views: 39

Five Rescued from Grounded Tug in Southeast Alaska
News

Five Rescued from Grounded Tug in Southeast Alaska

A U.S. Coast Guard aircrew from Sitka, Alaska rescued five crew members from a tugboat Thursday after running aground in the Sumner Strait in southeast

March 3, 2017
Total Views: 88

Chinese Cruise Ship Embarks on South China Sea Voyage
News

Chinese Cruise Ship Embarks on South China Sea Voyage

BEIJING, March 3 (Reuters) – A new Chinese cruise ship has embarked on its maiden voyage to the disputed Paracel Islands in the South China Sea, state

March 3, 2017
Total Views: 26

vlcc supertanker
News

VLCC Rates Face Uncertainty on Tonnage Woes, Owner Resistance

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an

March 3, 2017
Total Views: 55

maersk ship
News

Booking Again: Maersk Cashes In on Europe-Asia Capacity Crunch

By Mike Wackett (The Loadstar) – After a short block on bookings this week, Maersk Line is again accepting cargo from North Europe to Asia. However the

March 3, 2017
Total Views: 91

Photo: Star Bulk
News

Asia Capesize Rates to Stay Rangebound on Abundant Tonnage

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes could remain rangebound next week

March 3, 2017
Total Views: 39

DSME Shipyard South Korea
News

Where South Korea’s Teetering, Debt-Laden Companies Go to Bank

By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —

March 3, 2017
Total Views: 68

U.S. Carrier Puts on Show of “Commitment,” Not Power, in South China Sea
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U.S. Carrier Puts on Show of “Commitment,” Not Power, in South China Sea

By Manuel Mogato ABOARD THE USS CARL VINSON, South China Sea, March 3 (Reuters) – T he flight deck of the USS Carl Vinson shakes as a succession of

March 3, 2017
Total Views: 31

Thursday, March 2, 2017
Coast Guard Responds to Breakaway Barges on Ohio River
Shipping News

Coast Guard Responds to Breakaway Barges on Ohio River

The U.S. Coast Guard on Thursday responded to a report of a breakaway barges at the Racine Lock and Dam on the Ohio River near Huntington, West Virginia. Coast

March 2, 2017
Total Views: 70

trump navy
News

Aboard New Aircraft Carrier, President Trump Calls for ‘Major Expansion’ of Navy Fleet

By Ayesha Rascoe NEWPORT NEWS, Va., March 2 (Reuters) – President Donald Trump said on Thursday he wants a U.S. military buildup of more ships and planes

March 2, 2017
Total Views: 71

NASSCO Delivers Third and Final ECO Tanker to SEA-Vista
News

NASSCO Delivers Third and Final ECO Tanker to SEA-Vista

General Dynamics NASSCO has delivered the third and final ship to be constructed for SEA-Vista LLC as part of a larger eight-ship ECO Class tanker program. In

March 2, 2017
Total Views: 149

VARD Lands $41 Million Trawler Order
News

VARD Lands $41 Million Trawler Order

Shipbuilding Vard Holdings has announced it has secured a contract for the construction of a pelagic trawler for Shetland-based Research Fishing Company. The

March 2, 2017
Total Views: 67

WATCH: Canada’s Icebreaking Hovercraft Sipu Muin
News

WATCH: Canada’s Icebreaking Hovercraft Sipu Muin

The CCGS Sipu Muin is a powerful, heavy hovercraft that is used for icebreaking on hard-to-access areas along the St. Lawrence River where conventional

March 2, 2017
Total Views: 404

dry bulk ship, bulker
News

Baltic Dry Index Up on Stronger Rates Across Vessel Segments

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

March 2, 2017
Total Views: 24

Shipping Can and Must Prevent Another Bankruptcy, FMC Chief Warns
News

Shipping Can and Must Prevent Another Bankruptcy, FMC Chief Warns

By Gavin van Marle in Long Beach (The Loadstar) – The entire shipping industry – carriers and their customers and suppliers – need to come together

March 2, 2017
Total Views: 19

Shipping News

Dubai Shipowner Weighs Share Sale, Islamic Bonds in Expansion

By Yousef Gamal El-Din and Sam Wilkin (Bloomberg) — Gulf Navigation Holding PJSC may sell shares or Islamic bonds as the Dubai-based shipowner plans to

March 2, 2017
Total Views: 819

Wednesday, March 1, 2017
Liaoning aircraft carrier
Shipping News

Is Beijing outflanking the United States in the South China Sea?

By Peter Apps March 1 (Reuters) – For much of the last week, the U.S. aircraft carrier Carl Vinson has been patrolling the South China Sea. It is just

March 1, 2017
Total Views: 87

MAIB: Experienced Launch Skipper Relied on iPad Navigation App Prior to Collision
Interesting

MAIB: Experienced Launch Skipper Relied on iPad Navigation App Prior to Collision

The UK Marine Accident Investigation Branch has issued its report into last year’s collision between a historic motor launch and a DFDS roll-on/roll-off

March 1, 2017
Total Views: 170

‘Jag Laadki’ Master Banned from Fujairah Following Collisions
Interesting

‘Jag Laadki’ Master Banned from Fujairah Following Collisions

The captain of the Indian tanker that rammed the side of a LNG carrier and another vessel while navigating through vessels at a Fujairah offshore anchorage has

March 1, 2017
Total Views: 1002