News

The latest maritime and offshore news.


Sunday, March 6, 2016
Philippines Seizes North Korean Cargo Ship to Enforce U.N. Sanctions
News

Philippines Seizes North Korean Cargo Ship to Enforce U.N. Sanctions

MANILA (Reuters) – The Philippines said on Saturday it had seized a North Korean freighter that was covered by harsher United Nations’ sanctions

March 6, 2016
Total Views: 66

Friday, March 4, 2016
Rotterdam Port Sees Surge in Vessel Traffic Since 2007
Shipping News

Rotterdam Port Sees Surge in Vessel Traffic Since 2007

The number of vessels arriving at the Port of Rotterdam has increased for the first time since 2007. According to the Port of Rotterdam Authority, 29,122

March 4, 2016
Total Views: 64

CMA CGM Moves Mega-Ships to Transpacific Trade as Asia-Europe Rates Keep Tumbling
News

CMA CGM Moves Mega-Ships to Transpacific Trade as Asia-Europe Rates Keep Tumbling

By Mike Wackett, (The Loadstar) – CMA CGM has confirmed that from the end of May it will redeploy its flagship fleet of 18,000 teu ships on the “most

March 4, 2016
Total Views: 28

Catamaran Tour Vessel
Shipping News

Incat To Design Ferry For Loch Ness Monster Hunt

Incat Crowther said it received a contract to design a 20m catamaran passenger ferry, taking tourists in search of monster Nessie in the waters of Loch Ness in

March 4, 2016
Total Views: 126

CMA CGM to Deploy Six Megaships to U.S. West Coast
News

CMA CGM to Deploy Six Megaships to U.S. West Coast

French container shipping company CMA CGM has confirmed that starting in the end of May it will deploy six 18,000 TEU ‘megaships’ between Asia and

March 4, 2016
Total Views: 108

Dramatic Footage: Ferry Capsizing in Bali Strait Caught on Video
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Dramatic Footage: Ferry Capsizing in Bali Strait Caught on Video

An Indonesian ferry reportedly carrying dozens people capsized and sank in the Bali Strait on Friday, sparking a major search and rescue operation. Dramatic

March 4, 2016
Total Views: 111

littoral combat ship
News

Pentagon Chief Says 40 LCS Ships ‘Enough’ for U.S. Navy

SEATTLE, March 3 (Reuters) – U.S. Defense Secretary Ash Carter on Thursday defended the Pentagon’s decision to buy just 40 Littoral Combat Ships

March 4, 2016
Total Views: 89

China Orders “Blacklist” of 31 North Korean Vessels – Document
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China Orders “Blacklist” of 31 North Korean Vessels – Document

By Ruby Lian and Megha Rajagopalan SHANGHAI/BEIJING, March 4 (Reuters) – Chinese maritime authorities must “blacklist” 31 boats operated by a

March 4, 2016
Total Views: 32

Thursday, March 3, 2016
dry bulk ship, bulker
News

Asia Capesize Rates to Stay Flat Despite Increase in Idle, Scrapped Chips

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to remain flat as the number of

March 3, 2016
Total Views: 31

hmm containership
News

Hyundai Merchant Marine Plans Write Down as Shipping Losses Mount

By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-biggest shipping company, plans to write down its capital by 86

March 3, 2016
Total Views: 96

The Shipping Industry Isn’t Doing as Well as It Looks From Space
News

The Shipping Industry Isn’t Doing as Well as It Looks From Space

By Alex Longley (Bloomberg) — For an industry that is losing money on almost every transaction, the world’s commodity shippers are remarkably busy

March 3, 2016
Total Views: 59

Squeezed Scallops Land High Prices
News

Squeezed Scallops Land High Prices

By Kristina Fiore With her shrimp-colored outriggers and a home port of Seaford, Va., it wasn’t hard to wonder what a boat like Carolina Queen III was doing

March 3, 2016
Total Views: 226

golden ocean ship
News

Golden Ocean CEO Says Shipping Market Is Worst in Modern History

By Mikael Holter and Alex Longley (Bloomberg) — Shippers ferrying coal, iron ore and grains across the globe have never had it this bad and should expect

March 3, 2016
Total Views: 79

Wednesday, March 2, 2016
World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case
News

World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service

March 2, 2016
Total Views: 23

capesize bulk carrier
News

Baltic Dry Index Continues Rise But Capesizes Hit New All-Time Low

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on

March 2, 2016
Total Views: 95

China Blocking Philippine Boats’ Access to Fishing Grounds in South China Sea, Officials Say
News

China Blocking Philippine Boats’ Access to Fishing Grounds in South China Sea, Officials Say

By David Tweed and Ditas Lopez (Bloomberg) — China has stationed ships near a submerged reef in the South China Sea, blocking access by Philippine boats

March 2, 2016
Total Views: 63

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles
News

Billionaire John Fredriksen Calls End to Salmon Rally as Seadrill Struggles

by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510

March 2, 2016
Total Views: 81

News

Norden Says More Scrapping Needed to Restore Balance

COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this

March 2, 2016
Total Views: 31

Time-Lapse: Operation Deep Freeze, the Annual Resupply Mission to Antarctica’s McMurdo Station
News

Time-Lapse: Operation Deep Freeze, the Annual Resupply Mission to Antarctica’s McMurdo Station

Here’s a 4 minute time-lapse of aboard the Military Sealift Command-chartered MV Ocean Giant during Operation Deep Freeze 2016, an annual resupply

March 2, 2016
Total Views: 299

Tuesday, March 1, 2016
Amazing Space Photos from America’s Favorite Astronaut (and Maritime Academy Grad)
News

Amazing Space Photos from America’s Favorite Astronaut (and Maritime Academy Grad)

NASA astronaut Scott Kelly is returning to earth later today after spending an epic year in space aboard the International Space Station. Now you may not

March 1, 2016
Total Views: 108