News

The latest maritime and offshore news.


Wednesday, April 19, 2017
Accidents

Salvors Working to Refloat Grounded VLCC in Java Sea

Salvors continue to work on refloating a Euronav very large crude carrier (VLCC) which ran aground in soft mud last week in the Java Sea. Euronav reports that

April 19, 2017
Total Views: 87

Geroi Arsenala cargo ship
News

Eleven Missing After Cargo Ship Sinks Off Crimea

MOSCOW, April 19 (Reuters) – A cargo ship heading from Russia to Turkey sunk off the coast of Crimea early on Wednesday morning and 11 of the crew are

April 19, 2017
Total Views: 71

pence visits aircraft carrier
Shipping News

Pence Visits Carrier Amid Questions Over Trump’s `Armada’

By Justin Sink and David Tweed (Bloomberg) — Vice President Mike Pence issued a fresh warning to North Korea from the deck of a U.S. aircraft

April 19, 2017
Total Views: 72

Tuesday, April 18, 2017
U.S. Aircraft Carrier Strike Group Supposedly Sent to Deter North Korea Spotted 3,500 Miles Away, Heading in Opposite Direction
News

U.S. Aircraft Carrier Strike Group Supposedly Sent to Deter North Korea Spotted 3,500 Miles Away, Heading in Opposite Direction

By Phil Stewart WASHINGTON, April 18 (Reuters) – When U.S. President Donald Trump boasted early last week that he had sent an “armada” as a

April 18, 2017
Total Views: 64

Congress Urged to Delay $9 Billion Navy Plan for Frigates
News

Congress Urged to Delay $9 Billion Navy Plan for Frigates

By Tony Capaccio (Bloomberg) — Congress should consider delaying an upcoming U.S. Navy request for as much as $9 billion to start work on 12

April 18, 2017
Total Views: 95

News

U.S. Maritime Industry Stands Behind Jones Act Ruling Letter Changes

The American Maritime Partnership (AMP), representing interests of the domestic maritime industry, has submitted comments strongly in support of the recent

April 18, 2017
Total Views: 88

Rhine River shipping
News

Low Water Hinders Shipping Rhine and Danube Rivers in Germany

HAMBURG, April 18 (Reuters) – Water levels on the Rhine and Danube in Germany remain low despite recent rain and freight vessels cannot sail fully loaded

April 18, 2017
Total Views: 45

Citi Sees Oil Surging to Mid-$60s by Year End
News

Citi Sees Oil Surging to Mid-$60s by Year End

By Serene Cheong (Bloomberg) — Citigroup Inc. joined Goldman Sachs Group Inc. in backing commodities, saying it’s the season to have faith in raw

April 18, 2017
Total Views: 36

The oil tanker Caspian Galaxy sits anchored near Amuay beach, in Punto Fijo
Interesting

Banned at Sea: Venezuela’s Crude-Stained Oil Tankers

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Venezuela, April 18 (Reuters) – In the scorching heat of the Caribbean Sea, workers in scuba

April 18, 2017
Total Views: 158

daewoo shipbuilding bailout
Interesting

Daewoo Shipbuilding & Marine Engineering Unlocks $2.6 Billion Bailout

By Joyce Lee SEOUL, April 18 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from

April 18, 2017
Total Views: 62

Wärtsilä to Power World’s First LNG-Powered Offshore Construction Vessel
News

Wärtsilä to Power World’s First LNG-Powered Offshore Construction Vessel

Finnish technology group Wärtsilä has been selected to supply the engines and propulsion machinery for the first offshore construction vessel to be

April 18, 2017
Total Views: 60

Monday, April 17, 2017
Photos: Western Isles FPSO Arrives in Rotterdam
News

Photos: Western Isles FPSO Arrives in Rotterdam

The giant floating production, storage and offloading unit for Dana Petroleum’s Western Isles development project in the North Sea has reached Rotterdam

April 17, 2017
Total Views: 392

daewoo shipbuilding
News

Daewoo Shipbuilding Bondholders Accept Bailout Plan Following Pension Fund Agreement

By Joyce Lee SEOUL, April 17 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval

April 17, 2017
Total Views: 1137

crane vessel Thialf
News

Heerema Wins Major Offshore Decommissioning Project in North Sea

Netherlands-based Heerema Marine Contractors (HMC) says it has received notice from ConocoPhillips about its intention to enter into a contract for a

April 17, 2017
Total Views: 208

Iran Inaugurates New Gas Projects at Giant Offshore Field
News

Iran Inaugurates New Gas Projects at Giant Offshore Field

By Hashem Kalantari (Bloomberg) — Iran, holder of the world’s biggest natural gas reserves, boosted output by inaugurating six projects at the

April 17, 2017
Total Views: 91

DSME Bailout Plan Cleared by Pension Fund
News

DSME Bailout Plan Cleared by Pension Fund

By Jung Park and Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s largest shipbuilder, won a reprieve

April 17, 2017
Total Views: 28

Friday, April 14, 2017
On 105th Anniversary of Titanic Sinking, You Can Now Watch the Disaster Unfold in Real-Time
News

On 105th Anniversary of Titanic Sinking, You Can Now Watch the Disaster Unfold in Real-Time

Today, April 14, 2017, marks exactly 105 years since the infamous RMS Titanic struck an iceberg and sank during its maiden voyage across the North Atlantic,

April 14, 2017
Total Views: 1384

Tugboater Loses Part of Arm in Line Handling Accident in New York Harbor
News

Tugboater Loses Part of Arm in Line Handling Accident in New York Harbor

A crew member of a tugboat operating in New York Harbor lost part of his arm in an unfortunate line-handling accident on Thursday night about a half-mile from

April 14, 2017
Total Views: 148

To Visit Titanic Firsthand, New York Banker Dives Deep Into Wallet
News

To Visit Titanic Firsthand, New York Banker Dives Deep Into Wallet

By Melissa Fares NEW YORK, April 13 (Reuters) – Renata Rojas has longed to visit the wreck of the Titanic since she was a girl, years before the

April 14, 2017
Total Views: 118

170409-N-GD109-009 (U.S. Navy photo by Mass Communication Specialist 2nd Class Z.A. Landers/Released)
News

China Says North Korea Tension Must Not Reach “Irreversible” Stage

By Dominique Patton and Sue-Lin Wong BEIJING/PYONGYANG, April 14 (Reuters) – China said on Friday tension over North Korea had to be stopped from

April 14, 2017
Total Views: 79