Strong Demand to Rebalance Oil Market by Early 2016
Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of
The latest maritime and offshore news.
Global oil demand is set to rise by 1 million or even 1.5 million barrels per day (bpd) in 2015, according to a range of
Malaysian vessel owner Coastal Contracts Bhd has announced the sale of a jack-up drilling rig today via its subsidiary Thaumas Marine Pte Ltd, for
European Union leaders who decided last year to halt the rescue of migrants trying to cross the Mediterranean will reverse their decision on Thursday at a
The MV Juno was refloated in the St. Lawrence River at about 7 a.m. Wednesday and is now safely anchored at Mason Point. The Bahamian-flagged Juno, carrying a
During CMA CGM Kerguelen’s maiden call at Port Klang Port Terminal in Malaysia, the terminal set up a unique arrangement of cranes to match the length of
The U.S. Coast Guard is responding to a 603-foot bulk carrier which ran aground in the St. Marys River near De Tour Village, Michigan, early Wednesday. The
The European and global shipping industries are calling on EU Member States to immediately launch a proper EU search and rescue operation with sufficient
We’ve heard of ship lengthening, but German shipping company REEDEREI NSB is undertaking an innovative new project to widen three of its Panamax
Scorpio Bulkers Inc. (NYSE: SALT) has confirmed that it has entered into agreements to sell a total of seven newbuildings as the severely deteriorated dry bulk
With winter ice cover gone, U.S. Coast Guard Air Station Traverse City took to the air last Friday to photograph some of the historic shipwrecks that dot the
South Korea said on Wednesday it will raise the Sewol ferry that sank a year ago, killing more than 300 people, most of them children, yielding to pressure
Australia's Newcastle port, the world's biggest coal export port, has stopped all ship movements due to a cyclonic storm lashing the country's east coast, a
The USNS Lewis B. Puller was captured earlier this month off the coast of San Diego during builders trials from the General Dynamics NASSCO shipyard. Lewis B.
Update (April 22): Polsteam Bulk Carrier Refloated in St. Lawrence River A 621-foot bulk carrier remains hard aground in the St. Lawrence River Tuesday with
The floating storage unit (FSU) Heidrun B left the Samsung Heavy Industries shipyard in South Korea in March 2015, heading for
Here’s part 3 and 4 of a four part series by Shipping TV’s Chris Gosling. Chris is usually in the port of Felixstowe aboard some of the world’s biggest
(Bloomberg) — As the oil industry takes stock of Royal Dutch Shell Plc’s $70 billion move for BG Group Plc, one company has more to chew on than most.
A Turkish ro-pax ferry has been refloated after running aground Sunday off the west coast of Turkey in the Aegean Sea. As gCaptain reported, the ferry
Prosecutors blamed the Tunisian captain of a fishing boat for causing the deaths of hundreds of migrants locked below decks when his vessel capsized in the
A small coastal tanker is hijacked by pirates in South East Asia every two weeks on average, according to a new report from the International Maritime Bureau
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