News

The latest maritime and offshore news.


Tuesday, February 28, 2017
Photo: Star Bulk
News

Baltic Dry Index Snaps 9-day Winning Streak on Weaker Capesize Rates

Feb 28 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, tumbled on Tuesday,

February 28, 2017
Total Views: 17

golden ocean ship
News

Golden Ocean CEO Takes Comfort in Dry Bulk Order Book at 15-Year Low

OSLO, Feb 28 (Reuters) – ** Dry bulk shipper Golden Ocean’s CEO Birgitte Ringstad Vartdal says industry now faces more positive outlook after

February 28, 2017
Total Views: 25

Monday, February 27, 2017
Trump Seeks ‘Historic’ Increase in U.S. Military’s Budget
News

Trump Seeks ‘Historic’ Increase in U.S. Military’s Budget

By Steve Holland WASHINGTON, Feb 27 (Reuters) – President Donald Trump is seeking what he called a “historic” 9 percent increase in military

February 27, 2017
Total Views: 71

Q-Flex LNG Carrier Damaged in Collision Off Fujairah
News

Q-Flex LNG Carrier Damaged in Collision Off Fujairah

Update: Jag Laadki Captain Banned from Fujairah One of the world’s largest most advanced LNG carriers has suffered some serious damage after

February 27, 2017
Total Views: 248

Cargo Ship Partially Sinks Off Ecuador
Accidents

Cargo Ship Partially Sinks Off Ecuador

Officials in Ecuador are coordinating the environmental response and salvage of the general cargo ship Isla Bartolome, which ran aground and partially sank

February 27, 2017
Total Views: 413

Israel Opens Criminal Investigation into Maritime Contract Award
News

Israel Opens Criminal Investigation into Maritime Contract Award

JERUSALEM, Feb 27 (Reuters) – Israel’s State Attorney has ordered the opening of a criminal investigation into the awarding of a maritime

February 27, 2017
Total Views: 91

News

BHP Says `Bloody Awful’ Trade Pledges Risk Deflating Trump Pump

By David Stringer and Danielle Bochove (Bloomberg) — The head of the world’s biggest mining company intensified his warnings that U.S. trade

February 27, 2017
Total Views: 14

Container Lines Face ‘Window of Opportunity” to Delay Newbuild Deliveries
News

Container Lines Face ‘Window of Opportunity” to Delay Newbuild Deliveries

By Mike Wackett (The Loadstar) – Container lines should follow the example of Maersk Line and negotiate deferring new vessel deliveries. Analyst Drewry

February 27, 2017
Total Views: 62

Photo of China's PLAN Liaoning aircraft carrier with escort ships underway
News

Wary of Trump Unpredictability, China Ramps Up Naval Abilities

By Ben Blanchard and Michael Martina BEIJING, Feb 26 (Reuters) – The PLA Navy is likely to secure significant new funding in China’s upcoming

February 27, 2017
Total Views: 42

Trump’s Pick for U.S. Navy Secretary Withdraws
News

Trump’s Pick for U.S. Navy Secretary Withdraws

WASHINGTON, Feb 26 (Reuters) – U.S. President Donald Trump’s pick for secretary of the Navy withdrew from consideration on Sunday, the second time

February 27, 2017
Total Views: 74

Friday, February 24, 2017
us oil exports
Shipping News

Another Record Week for U.S. Oil Exports as Production Surges

By Sheela Tobben (Bloomberg) — Another week, another record for U.S. crude exports. Producers and traders shipped out 1.21 million barrels of crude a day

February 24, 2017
Total Views: 26

Tug ‘Samson Mariner’ Headed to Seattle for Repairs
News

Tug ‘Samson Mariner’ Headed to Seattle for Repairs

The damaged tug Samson Mariner is returning to Seattle, Washington for repairs after running aground last week while towing a barge in Alaska’s Inside

February 24, 2017
Total Views: 154

Chief Engineers Convicted in ‘Magic Pipe’ Pollution Case
News

Chief Engineers Convicted in ‘Magic Pipe’ Pollution Case

A federal jury in Charleston, South Carolina convicted two chief engineers of the vessel, TV Green Sky, on pollution charges related to use of a ‘magic

February 24, 2017
Total Views: 457

American Car Carrier Suffers Fire in English Channel
Interesting

American Car Carrier Suffers Fire in English Channel

An American car carrier with 21 crew members suffered a fire aboard while underway in the English Channel en route to Baltimore from Southampton. The

February 24, 2017
Total Views: 264

cargo ship
Shipping News

ICS Sets Out Plan for CO2 Reduction by Shipping Sector

The Chairman of the International Chamber of Shipping, Esben Poulsson, laid out Friday what the industry would like to see from the International Maritime

February 24, 2017
Total Views: 38

Barge Glut Chokes U.S. Shipping Sector Despite Record Harvest
News

Barge Glut Chokes U.S. Shipping Sector Despite Record Harvest

By Karl Plume and Michael Hirtzer CHICAGO, Feb 23 (Reuters) – A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New

February 24, 2017
Total Views: 42

Watch: 10 Reasons Why Maritime SUCKS (Things To Consider Before Joining Merchant Marine) – JeffHK
Shipping News

Watch: 10 Reasons Why Maritime SUCKS (Things To Consider Before Joining Merchant Marine) – JeffHK

Here’s a new upload from maritime Youtuber JeffHK, in which he offers up his thoughts on why maritime SUCKS, or least discusses

February 24, 2017
Total Views: 238

Dream of Offshore U.S. Wind Power May Be Too Ugly for Trump
News

Dream of Offshore U.S. Wind Power May Be Too Ugly for Trump

By Joe Ryan and Jennifer A. Dlouhy (Bloomberg) — Offshore wind companies have spent years struggling to convince skeptics that the future of U.S.

February 24, 2017
Total Views: 51

cargo ship
Shipping News

Brexit Prompts Ship Insurers to Look at Luxembourg, Cyprus Bases

By Jonathan Saul and Carolyn Cohn LONDON, Feb 24 (Reuters) – U.K.-regulated ship insurers are preparing plans to open new outposts in European Union

February 24, 2017
Total Views: 53

Asia’s Floating Oil Storage Sets Sail as Market Slowly Tightens
News

Asia’s Floating Oil Storage Sets Sail as Market Slowly Tightens

By Mark Tay SINGAPORE, Feb 24 (Reuters) – Traders are selling oil held in tankers anchored off Malaysia, Singapore and Indonesia in a sign that the

February 24, 2017
Total Views: 31