News

The latest maritime and offshore news.


Tuesday, June 21, 2016
Rolls-Royce on Drone Ships: It’s Not If, It’s When
News

Rolls-Royce on Drone Ships: It’s Not If, It’s When

Representatives from the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative (AAWA) are in Amsterdam this week to discuss the

June 21, 2016
Total Views: 137

European Central Bank Hones In on Shipping Loans
News

European Central Bank Hones In on Shipping Loans

By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a

June 21, 2016
Total Views: 47

‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity
News

‘Megaship’ Cost Advantages Seen Disappearing Due to Low Oil Prices and Overcapacity

By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers

June 21, 2016
Total Views: 88

China COSCO Shipping Planning Cruise Route in Disputed South China Sea
News

China COSCO Shipping Planning Cruise Route in Disputed South China Sea

SHANGHAI, June 21 (Reuters) – State-owned China COSCO Shipping Corp plans to launch cruise trips in the South China Sea next month, with the first route

June 21, 2016
Total Views: 144

Maersk Battles to Stay On Top as Container Shipping Downturn Deepens
News

Maersk Battles to Stay On Top as Container Shipping Downturn Deepens

By Jonathan Saul LONDON, June 21 (Reuters) – Denmark’s Maersk Line is fighting to remain the world’s no.1 container shipping carrier as a

June 21, 2016
Total Views: 84

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit
Shipping News

Cameron Says ‘Brits Don’t Quit’ in Plea to Stave Off Brexit

By Robert Hutton, Alex Morales and Svenja O’Donnell (Bloomberg) — Prime Minister David Cameron made an impassioned plea to the British people to

June 21, 2016
Total Views: 38

Monday, June 20, 2016
Ship Photos of the Day – Panama Canal Conducts Trial Transit Through the Expanded Cocoli Locks
News

Ship Photos of the Day – Panama Canal Conducts Trial Transit Through the Expanded Cocoli Locks

A U.S.-built crane ship was used to conduct a trial transit of the Panama Canal’s new Cocoli Locks on Monday ahead of next week’s inauguration

June 20, 2016
Total Views: 81

USCG Publishes Long-Awaited Subchapter M Final Rule
News

USCG Publishes Long-Awaited Subchapter M Final Rule

The U.S. Coast Guard on Monday published the final rule of its new and long-awaited towing vessel regulations known as Subchapter M establishing new

June 20, 2016
Total Views: 153

Meyer Turku Delivers Mein Schiff 5 Ahead of Schedule
News

Meyer Turku Delivers Mein Schiff 5 Ahead of Schedule

Finnish shipyard Meyer Turku on Monday delivered the cruise ship Mein Schiff 5 to TUI Cruises a full ten days ahead of schedule.  Construction of the

June 20, 2016
Total Views: 76

Grounded Bulk Carrier Refloated from Famous Philippine Reef
News

Grounded Bulk Carrier Refloated from Famous Philippine Reef

A Panamanian-flagged bulk carrier has been refloated after running aground on at a world-famous diving site off Cebu, Philippines last week. The ship, MV Belle

June 20, 2016
Total Views: 123

Southeast Asia Nations Create Shipping Corridor in Battle Against Piracy
News

Southeast Asia Nations Create Shipping Corridor in Battle Against Piracy

MANILA, June 20 (Reuters) – Indonesia, Malaysia and the Philippines on Monday agreed to designate a transit corridor for commercial vessels crossing a

June 20, 2016
Total Views: 90

Fishing vessel offshore
News

Fishermen Held Over Killing of Captain, Engineer Off South Korea

SEOUL, June 20 (Reuters) – Two Vietnamese crewmen on a South Korean fishing vessel in the Indian Ocean have allegedly stabbed and killed the ship’s

June 20, 2016
Total Views: 31

WATCH: Fire Engulfs Tug and Barge Off Italy
News

WATCH: Fire Engulfs Tug and Barge Off Italy

Video published by the Italian Coast Guard shows firefighting efforts after a articulated tug and barge caught fire off the coast of Italy. The fire occurred

June 20, 2016
Total Views: 43

seadrill drillship
Offshore

India’s ONGC Plans Biggest Crude Exploration Binge

By Saket Sundria, Debjit Chakraborty and Dhwani Pandya (Bloomberg) — Oil and Natural Gas Corp., India’s biggest explorer, is preparing to spend on its

June 20, 2016
Total Views: 40

Sunday, June 19, 2016
Ship Scrapping To Set New Record
News

Ship Scrapping To Set New Record

By Mike Wackett (TheLoadStar) Ship scrapping appears set to hit record levels this year, according to shipbroker and services firm Clarksons. In its

June 19, 2016
Total Views: 159

Friday, June 17, 2016
Bulk Carrier Hard Aground in Mauritius After Fight On Board
Interesting

Bulk Carrier Hard Aground in Mauritius After Fight On Board

Update: Insurer Says Benita Grounding a Medical Issue, Not Mutiny A 44,000 DWT bulk carrier is hard aground in Mauritius after a fight apparently broke out on

June 17, 2016
Total Views: 1323

All Safe After Passenger Ferry Becomes Pinned Against Pier in Italy – VIDEO
News

All Safe After Passenger Ferry Becomes Pinned Against Pier in Italy – VIDEO

Dozens of passengers and crew found themselves leaping from a heavily rolling ferry which became stuff against a pier at an island off Sicily on Thursday.

June 17, 2016
Total Views: 483

Poland Receives First Commercial LNG Cargo from Qatar
News

Poland Receives First Commercial LNG Cargo from Qatar

WARSAW, June 17 (Reuters) – Poland received its first supplies of liquefied natural gas (LNG) from Qatar on Friday, part of a wider plan to cut its

June 17, 2016
Total Views: 69

Seaspan Denies Hanjin Fee Cut Dealing Blow to Shipping Line
News

Seaspan Denies Hanjin Fee Cut Dealing Blow to Shipping Line

By Kyunghee Park (Bloomberg) — Seaspan Corp., a container ship-leasing company, said it won’t accept Hanjin Shipping Co.’s request for a cut in

June 17, 2016
Total Views: 79

Thursday, June 16, 2016
USMMA Canceling ‘Sea Year’ Over Sexual Assault and Harassment Fears?
Blog

USMMA Canceling ‘Sea Year’ Over Sexual Assault and Harassment Fears?

One of the great benefits of attending the US Merchant Marine Academy is the experience of going out to sea on US-Flag merchant ships. This is called

June 16, 2016
Total Views: 267