News

The latest maritime and offshore news.


Monday, April 11, 2016
Svitzer Enters Port of Montreal
News

Svitzer Enters Port of Montreal

Svitzer, the towage unit of A.P. Moller-Maersk, will be expanding in Canada as the company announced that it has established a harbor towage service in the

April 11, 2016
Total Views: 194

World’s First Methanol-Powered Tankers Set for Delivery
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World’s First Methanol-Powered Tankers Set for Delivery

The first ocean-going vessels capable of running on methanol fuel are being prepared for delivery later this month.  The seven 50,000 DWT tankers are

April 11, 2016
Total Views: 180

CMA CGM Offers Concessions to Get EU Approval for $2.4 Billion NOL Deal
Shipping News

CMA CGM Offers Concessions to Get EU Approval for $2.4 Billion NOL Deal

BRUSSELS, April 11 – French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4

April 11, 2016
Total Views: 66

Oil Climbs to Four-Month High
News

Oil Climbs to Four-Month High

By Mark Shenk (Bloomberg) — Oil rose to a four-month high in London ahead of a meeting in Doha this month where producers will discuss freezing output.

April 11, 2016
Total Views: 24

Saturday, April 9, 2016
Three Castaways Rescued from Deserted Island After Writing “HELP” on Sand
Shipping News

Three Castaways Rescued from Deserted Island After Writing “HELP” on Sand

Three men were rescued from a deserted island in the western Pacific after a U.S. Navy patrol plane spotted the word H-E-L-P spelled out on

April 9, 2016
Total Views: 217

Friday, April 8, 2016
WATCH: History Made as SpaceX Lands Rocket on Drone Ship at Sea
Interesting

WATCH: History Made as SpaceX Lands Rocket on Drone Ship at Sea

Elon Musk’s private space company SpaceX made history on Friday finally landing its reusable Falcon 9 rocket on a drone ship in the middle of the

April 8, 2016
Total Views: 188

Nuclear Waste Ship MV Sigrid Runs Aground in Sweden
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Nuclear Waste Ship MV Sigrid Runs Aground in Sweden

A Swedish cargo ship designed to haul radioactive waste ran into a little trouble Friday outside the harbor of a decommissioned nuclear power

April 8, 2016
Total Views: 380

WATCH: Float-On Megayacht Transport with Super Servant 4
Blog

WATCH: Float-On Megayacht Transport with Super Servant 4

Aerial footage of DYT Yacht Transport’s semi-submersible yacht carrier Super Servant 4 loading vessels using the float-on/float-off

April 8, 2016
Total Views: 241

suny maritime college
News

SUNY Maritime Among Nation’s Top Institutions for ROI

Graduates from SUNY Maritime College receive among the highest return on investment on their degrees in the country. In its annual report of best value

April 8, 2016
Total Views: 575

MOL Unveils Energy-Saving Rounded Bow for its Next-Generation Car Carriers
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MOL Unveils Energy-Saving Rounded Bow for its Next-Generation Car Carriers

Japanese shipping company Mitsui O.S.K. Lines has revealed the hull design for its next-generation car carrier with a rounded bow said to reduce wind

April 8, 2016
Total Views: 100

Coast Guard Partially Reopens Section of Mississippi River Closed Due to Breakaway Barges
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Coast Guard Partially Reopens Section of Mississippi River Closed Due to Breakaway Barges

April 8 (Reuters) – The U.S. Coast Guard said it reopened the Mississippi River to some shipping traffic on Friday following a midweek barge accident

April 8, 2016
Total Views: 124

Cargo Ship Collides With Ferry in Turkey’s Dardanelles Strait
Shipping News

Cargo Ship Collides With Ferry in Turkey’s Dardanelles Strait

An 88-meter cargo ship collided with a Turkish passenger ferry in the Dardanelles strait this week, causing damage to both vessels. The Turkish Directorate of

April 8, 2016
Total Views: 70

Piraeus port
Ports

Greece Seals Sale of Piraeus Port to China COSCO

By Angeliki Koutantou ATHENS, April 8 (Reuters) – Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation on Friday, while

April 8, 2016
Total Views: 127

Nippon Yusen Shopping for Oil-Service Assets as Crude Prices Drop
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Nippon Yusen Shopping for Oil-Service Assets as Crude Prices Drop

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — Nippon Yusen K.K., Japan’s largest shipping line, is looking to buy a company involved in deep-sea

April 8, 2016
Total Views: 42

ANIMATION: Understanding the Importance of the Jones Act
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ANIMATION: Understanding the Importance of the Jones Act

Animation from the American Maritime Partnership explaining the importance of the Jones

April 8, 2016
Total Views: 124

Thursday, April 7, 2016
Pentagon Christens Unmanned Anti-Sub Ship
Shipping News

Pentagon Christens Unmanned Anti-Sub Ship

By Phil Stewart PORTLAND, Oregon, April 7 (Reuters) – The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for

April 7, 2016
Total Views: 108

New Report Calls on Canada to Address Shipping-Related Challenges in the Arctic
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New Report Calls on Canada to Address Shipping-Related Challenges in the Arctic

A new report from The Pew Charitable Trusts says that more oversight and planning is needed to address the steady increase in ship traffic

April 7, 2016
Total Views: 121

panama canal
News

ITF Calls Out Flags of Convenience Amid Panama Papers Leak

With the leaked Panama Papers shining a spotlight on the use offshore accounts to hide investments by of some the world’s most powerful people, the

April 7, 2016
Total Views: 173

cargo ship
News

Another Tough Year Ahead for Ship Financing as NordLB Looks to Cut Exposure

FRANKFURT, April 7 (Reuters) – NordLB expects lower earnings this year partly as a result of the German public sector bank’s efforts to cut its

April 7, 2016
Total Views: 59

China Teapot Refiner Oil Buying Spree Creates Tanker Jam at Qingdao
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China Teapot Refiner Oil Buying Spree Creates Tanker Jam at Qingdao

By Libby George and Keith Wallis LONDON/SINGAPORE, April 7 (Reuters) – A surge in oil buying by China’s newest crude importers has created delays

April 7, 2016
Total Views: 74