News

The latest maritime and offshore news.


Thursday, August 18, 2016
Lake Tahoe Paddle Wheeler Badly Burned in Blaze
News

Lake Tahoe Paddle Wheeler Badly Burned in Blaze

Lake Tahoe’s beloved Tahoe Queen sustained major damage earlier this week when a fire tore through the iconic paddle wheeler popular for tourists

August 18, 2016
Total Views: 38

Wednesday, August 17, 2016
WATCH World’s Loudest Ship Horn Blast Star Wars Theme Song – VIDEO
Evergreen

WATCH World’s Loudest Ship Horn Blast Star Wars Theme Song – VIDEO

One year ago today the 19,224 TEU MV MSC Zoe, one of the world’s biggest containerships, was docking at the Port of Hamburg for its christening and

August 17, 2016
Total Views: 1673

Tuesday, August 16, 2016
World’s most dangerous cruise? 1,070-Passenger Ship To Enter Northwest Passage
Interesting

World’s most dangerous cruise? 1,070-Passenger Ship To Enter Northwest Passage

by Ethan Lou (Reuters) The first commercial cruise ship to sail through Canada’s Northwest Passage was set to depart on Tuesday, part of a growing Arctic

August 16, 2016
Total Views: 163

Shipping News

Indonesian President Vows To Fund ‘Massive’ Maritime Infrastructure Program

President Joko Widodo vowed Tuesday to develop all of Indonesia’s frontier areas, including the Natuna Islands close to where it is embroiled in

August 16, 2016
Total Views: 71

Containers and ships sit idle at the Port of Long Beach in this file photo
Shipping News

Carriers Face $5 Billion Annual Loss, Warns Drewry

By Mike Wackett (TheLoadStar) Container lines are enduring a “severe revenue contraction”, said Drewry, after the first six-month turnover figures reported

August 16, 2016
Total Views: 90

M/V FIVE_STARS_FUJIAN stranded crew
Incidents

Australia: Bulker Crew Remains Stranded Without Food In Australia

by Joshua Robertson (TheGuardian) The Chinese coal ship crew who were left without enough food, wages, or fuel for their return voyage

August 16, 2016
Total Views: 73

DSME Shipyard South Korea
Shipping News

Ailing Shipbuilder DSME Posts Worse-Than-Expected Loss

By Kyunghee Park and Shinhye Kang (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a

August 16, 2016
Total Views: 41

Monday, August 15, 2016
Bulk Carrier Touches Bottom Twice on Columbia River
Shipping News

Bulk Carrier Touches Bottom Twice on Columbia River

The U.S. Coast Guard responded over the weekend to a Chinese bulk carrier which had ran aground twice in the Columbia River near Skamokawa, Washington.

August 15, 2016
Total Views: 68

Salvage Team Boards Stricken Drilling Rig in Scotland – UPDATE
Offshore

Salvage Team Boards Stricken Drilling Rig in Scotland – UPDATE

Aug. 16 – The team of 14 salvors remains on board the Transoocean Winner drilling rig, which is grounded on the Isle of Lewis (Aug. 8). The team is

August 15, 2016
Total Views: 44

Maersk Drilling Looking to Avoid Laying Up Rigs
News

Maersk Drilling Looking to Avoid Laying Up Rigs

COPENHAGEN, Aug 15 (Reuters) – Maersk Drilling expects the weak market to continue in the short and medium term but still hopes to avoid laying up or

August 15, 2016
Total Views: 43

Sightseeing Boat Hits Three Vessels in Boston Harbor
News

Sightseeing Boat Hits Three Vessels in Boston Harbor

A Boston Harbor Cruises sightseeing boat smashed into three other vessels Saturday afternoon after suffering a mechanical failure as it approached

August 15, 2016
Total Views: 151

Eugen Maersk ship
News

Shipping Giant Shows Why We’re in Deep Water on Deflation

By Chris Bryant (Bloomberg Gadfly) — It’s a sign of stunted investor expectations when an 89 per cent slide in quarterly profit triggers a 3

August 15, 2016
Total Views: 52

Why China’s Plan to Build a Nautical Silk Road Runs Through Singapore
News

Why China’s Plan to Build a Nautical Silk Road Runs Through Singapore

As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one

August 15, 2016
Total Views: 109

News

Mining the Ocean Floor: Good Idea?

By Adam Minter (Bloomberg) While commodities traders still work their way out of a historic slump, Japan is looking ahead to the next boom. According to

August 15, 2016
Total Views: 95

Sunday, August 14, 2016
Shipping News

Maersk Warns Against U.S. Protectionism

by Christian Wienberg (Bloomberg) A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing

August 14, 2016
Total Views: 40

Saturday, August 13, 2016
maersk ship
Shipping News

Maersk Posts $114m Half-Year Loss, Despite Market Volume

By Mike Wackett (TheLoadstar) Maersk Line plunged $151m into the red in the second quarter dragging down its half-year results to a net loss of $114m,

August 13, 2016
Total Views: 30

Friday, August 12, 2016
CLIA: Asian Cruise Industry Growing at Record Pace
Shipping News

CLIA: Asian Cruise Industry Growing at Record Pace

With most maritime markets struggling, the cruise industry in Asia is growing at a record pace and shows no signs of slowing down, according to a new study

August 12, 2016
Total Views: 93

VARD Confirms Expedition Cruise Ship Order
News

VARD Confirms Expedition Cruise Ship Order

Norwegian shipbuilder VARD has confirmed the order for four expedition-style cruise ships for French luxury cruise company PONANT. The shipbuilding contracts

August 12, 2016
Total Views: 60

Ocean rig olympia total drillship
News

Ocean Rig Sounds Bankruptcy Alarm, Causing Stock to Tank

Ocean Rig shares crashed nearly 60% Friday after the deepwater drilling contractor announced that it could wind up filing for bankruptcy amid ‘extremely

August 12, 2016
Total Views: 95

mv hamal drug bust
News

Tugboat Captain, Chief Mate Sentenced to 20-Years Each in UK’s Biggest Drug Bust

LONDON, Aug 12 (Reuters) – Two Turkish sailors were jailed for a total of 42 years on Friday after their attempt to smuggle a huge haul of cocaine into

August 12, 2016
Total Views: 162