News

The latest maritime and offshore news.


Monday, April 4, 2016
An undated handout photo of the Gorgon LNG project located in Western Australia.
News

Mechanical Problems Halt LNG Exports from Gorgon Mega-Project

By Henning Gloystein SINGAPORE, April 4 (Reuters) – Chevron’s massive Gorgon liquefied natural gas (LNG) facility in Australia has hit technical

April 4, 2016
Total Views: 63

Maersk to Shut Denmark’s Tyra Field if No Viable Solution Found by End 2016
News

Maersk to Shut Denmark’s Tyra Field if No Viable Solution Found by End 2016

Maersk Oil, the Danish oil and gas company owned by the A. P. Moller-Maersk Group, has announced that it will cease production from its Tyra field in the

April 4, 2016
Total Views: 59

Boskalis
News

Boskalis Completes Strabag Wasserbrau Acquisition

Royal Boskalis Westminster N.V. announced that it completed the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The deal, valued

April 4, 2016
Total Views: 111

Sunday, April 3, 2016
bahris
News

Saudi’s Bahri Secures Financing for Five VLCCs

DUBAI, April 3 (Reuters) – National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at 1.425

April 3, 2016
Total Views: 67

Carnival Finalizes Contracts to Build Five New Cruise Ships at Fincantieri
News

Carnival Finalizes Contracts to Build Five New Cruise Ships at Fincantieri

A big weekend for the world’s largest cruise company as Carnival Corporation finalizes contracts with Italian shipbuilder Fincantieri to build five

April 3, 2016
Total Views: 101

ATD Tugs 2412
Shipping News

Svitzer Modernizes Fleet With Four Damen Tractor Tugs

Svitzer selected Damen Shipyards to provide four ATD 2412 tugs as part of its ongoing fleet renewal program. The four new tugs are of Damen’s 24-metre

April 3, 2016
Total Views: 123

Saturday, April 2, 2016
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

Iran Seeking $2.5 Billion to Modernize Oil Tankers

DUBAI, April 2 (Reuters) – Iran is seeking $2.5 billion investment to modernise its oil tankers fleet following the lifting of sanctions against Tehran,

April 2, 2016
Total Views: 79

Friday, April 1, 2016
boaty mcboatface of the seas
News

Guy Behind ‘Boaty McBoatface’ Asked to Name Royal Caribbean Ship

The guy behind the hilarious idea to name the UK’s new $300 million Antarctic research RRS Boaty McBoatface may have just landed

April 1, 2016
Total Views: 127

Photos Show Damage to Detained ‘Star of Abu Dhabi’ Bulker After Mississippi River Allision
News

Photos Show Damage to Detained ‘Star of Abu Dhabi’ Bulker After Mississippi River Allision

Some new photos obtained by gCaptain show damage to the Star of Abu Dhabi bulk carrier after it reportedly drifted into the dock of a Louisiana sugar refinery,

April 1, 2016
Total Views: 184

asia vision lng carrier
News

U.S. Taps India as Asia’s Debut Buyer of American Shale Gas

By Debjit Chakraborty, Anna Shiryaevskaya and Harry R. Weber (Bloomberg) — Gail India Ltd. bought the second shipment of liquefied natural gas from

April 1, 2016
Total Views: 54

maersk venturer drillship
News

Maersk Drillship Spuds World’s Deepest Well

A Maersk drillship has broken the world record for the deepest water depth for an offshore oil rig after spudding a well located more than two miles

April 1, 2016
Total Views: 1841

WATCH: San Diego Harbor Cruise Plows Into Pier Right in Front of Tourists
Interesting

WATCH: San Diego Harbor Cruise Plows Into Pier Right in Front of Tourists

A scary moment captured on video Thursday as a harbor cruise ship slammed into a crowded pier in San Diego, sending waiting tourists scrambling to get out of

April 1, 2016
Total Views: 118

Asia VLCC Rates Face Uncertain Week as Delays Weigh
News

Asia VLCC Rates Face Uncertain Week as Delays Weigh

By Keith Wallis SINGAPORE, April 1 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit a two-week high on Thursday, face an

April 1, 2016
Total Views: 23

capesize bulk carrier
News

Baltic Dry Index Jumps 5% On Higher Rates for Bigger Vessels

April 1 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Friday,

April 1, 2016
Total Views: 30

COSCO Shipping Orders 10 Very Large Ore Carriers
News

COSCO Shipping Orders 10 Very Large Ore Carriers

SHANGHAI, April 1 (Reuters) – China COSCO Shipping Corp has placed an order for 10 very large ore carriers (VLOC) from China State Shipbuilding Corp

April 1, 2016
Total Views: 116

Thursday, March 31, 2016
dry bulk ship, bulker
News

Half of Capesize Bulk Carrier Deliveries Pushed Back, VesselsValue Says

Exactly half of the newbuild capesize bulkers due for delivery in the first quarter of 2016 have been pushed back as owners react to the poor state of the

March 31, 2016
Total Views: 212

Slow-Steaming Still Cheaper Despite Record Low Bunker Prices
News

Slow-Steaming Still Cheaper Despite Record Low Bunker Prices

By Mike Wackett (The Loadstar) – Following Korean carrier Hanjin offering express container shipping services on two major tradelanes, industry analyst

March 31, 2016
Total Views: 108

Your First Look at the Pentagon’s New Unmanned Sub Chaser
Shipping News

Your First Look at the Pentagon’s New Unmanned Sub Chaser

The U.S. Department of Defense has released the first footage of its prototype unmanned anti-submarine ship being developed to track quiet diesel-electric

March 31, 2016
Total Views: 261

Two Killed in Tanker Explosion in Germany
Shipping News

Two Killed in Tanker Explosion in Germany

At least two people were killed in what has been described as a large explosion aboard an inland tanker berthed in Duisburg, Germany. Local media reports says

March 31, 2016
Total Views: 74

Stronger Capesize Demand Perks Up Baltic Index
News

Stronger Capesize Demand Perks Up Baltic Index

March 31 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on

March 31, 2016
Total Views: 37