News

The latest maritime and offshore news.


Friday, April 8, 2016
Coast Guard Partially Reopens Section of Mississippi River Closed Due to Breakaway Barges
News

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: 129

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: 79

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: 141

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

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: 47

ANIMATION: Understanding the Importance of the Jones Act
News

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: 130

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: 110

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

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: 127

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: 177

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: 64

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

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: 80

PDVSA to Receive First U.S. Crude Cargo from BP, Backlog Eases Around Curacao
News

PDVSA to Receive First U.S. Crude Cargo from BP, Backlog Eases Around Curacao

HOUSTON, April 6 (Reuters) – Venezuela’s PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along

April 7, 2016
Total Views: 80

lamprell
News

Sembcorp Marine, Marco Polo Marine Head to Arbitration Over Rig Contract Dispute

Singaporean rig builder Sembcorp Marine is headed to court to settle a dispute with Marco Polo Marine over the termination of a $214.3 million jack-up rig

April 7, 2016
Total Views: 64

Wednesday, April 6, 2016
South Korean Shipping Company Fined $950,000 in Hawaii Over Illegal Discharges
News

South Korean Shipping Company Fined $950,000 in Hawaii Over Illegal Discharges

A a federal judge in Hawaii has sentenced a South Korean shipping company to pay a total of $950,000 for its failure to maintain an accurate oil record

April 6, 2016
Total Views: 66

Island Offshore Vessels Secure Work from Shell
News

Island Offshore Vessels Secure Work from Shell

Two less offshore vessels looking for work today as Island Offshore announces charter contracts for the company’s vessels Island Valiant and Island

April 6, 2016
Total Views: 104

Time-Lapse Video: Two Months Aboard MV Mercosul Suape in Brazil
News

Time-Lapse Video: Two Months Aboard MV Mercosul Suape in Brazil

Here is a cool time-lapse video filmed over two months onboard the MV Mercosul Suape, engaged in

April 6, 2016
Total Views: 62

keppel shipyard
News

Keppel, Sembcorp Rebounds May Be Short-Lived as Rig Orders Drop

By Jonathan Burgos and Kyunghee Park (Bloomberg) — The world’s two biggest builders of oil rigs saw their stocks rise the most in more than two years

April 6, 2016
Total Views: 22

MSC Cruises Plans to Build World’s Largest LNG-Powered Cruise Ships for $4.5 Billion
News

MSC Cruises Plans to Build World’s Largest LNG-Powered Cruise Ships for $4.5 Billion

Swiss-based MSC Cruises has revealed major plans to build up to four new LNG-powered cruise ships exceeding more than 200,000 gross tons. The announcement

April 6, 2016
Total Views: 77

Subi Reef China Phillipines Dispute
News

China Begins Operation of Lighthouse on Artificial Island in South China Sea

BEIJING, April 6 (Reuters) – China has begun operating a lighthouse on one of its artificial islands in the South China Sea near which a U.S. warship

April 6, 2016
Total Views: 173

One in Five Countries Still Haven’t Identified Authority Over New Container Weight Verification
News

One in Five Countries Still Haven’t Identified Authority Over New Container Weight Verification

By Gavin van Marle (The Loadstar) – A new survey of ship agents and brokers has discovered that nearly 20% of countries signed up to IMO international

April 6, 2016
Total Views: 40

Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
News

Huge Oil Tanker Traffic Jam Builds at Iraq’s Basra Port

By Keith Wallis SINGAPORE, April 6 (Reuters) – A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading

April 6, 2016
Total Views: 150