News

The latest maritime and offshore news.


Thursday, July 31, 2014
Egyptian LNG (ELNG) terminal
Finance

BG Surprises With Brazil Profit Boost as CEO Post Unfilled

BG Group Plc, the U.K. oil and gas explorer seeking a chief executive officer, posted a 23 percent jump in earnings after income from liquefied natural gas

July 31, 2014
Total Views: 34

Stranded Whale Watching Tour Snagged Offshore LNG Terminal Buoy
News

Stranded Whale Watching Tour Snagged Offshore LNG Terminal Buoy

Some new information has revealed what caused a 3-hour whale watching tour to become stranded overnight off Boston, Massachusetts earlier this week. As

July 31, 2014
Total Views: 287

iron horse hornbeck offshore
Finance

Hornbeck Confident New Rigs Will Get Absorbed in Gulf of Mexico

Hornbeck Offshore (NYSE: HOS), a Gulf of Mexico-focused operator of offshore support vessels reported a strong second quarter today with a 25 percent jump in

July 31, 2014
Total Views: 84

imtech
News

Imtech Renews Focus on Service, Revives Radio Holland Brand

Imtech Marine USA re-introduces Radio Holland, focusing on Service and Nav/Com support to maritime customers One year ago Captain Eric Clarke resigned his post

July 31, 2014
Total Views: 52

News

MV Bulk Ingenuity Detained in Queensland

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority

July 31, 2014
Total Views: 90

port hedland capesize bulk carrier
News

Dry Bulk Shipping Set to Rebound as China Closes Iron Ore Mines

Iron ore posted a second straight monthly increase this year on speculation that demand for imports in China may be improving, helping to absorb a global

July 31, 2014
Total Views: 45

united emblem
News

Kurdish Oil Cargo Unloaded at Sea, Destination a Mystery

Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but mystery surrounds the identity of

July 31, 2014
Total Views: 100

Angelicoussis jae-ho ko
News

Angelicoussis Places $400 Million Tanker Order with DSME

Maran Tankers Management (MTM), a shipping company privately owned by John Angelicoussis, placed an order today for four new Very Large Crude Carriers (VLCCs)

July 31, 2014
Total Views: 122

Wednesday, July 30, 2014
karl-johan bakken
News

gCaptain Exclusive: Interview With Farstad CEO Karl-Johan Bakken

Karl-Johan Bakken, Chief Executive of Ålesund-based Farstad Shipping (OSE: FAR), got his start in the maritime industry in the mid 1980s as a naval architect

July 30, 2014
Total Views: 73

Seadrill West Hercules
News

Rosneft Moves to Thwart EU Sanctions With Norwegian Rigs

A Norwegian drill rig owner is supplying Russian oil giant OAO Rosneft and Exxon Mobil Corp. with the kind of high technology that will be barred under U.S.

July 30, 2014
Total Views: 64

wind farm GT 1 innovation offshore
News

World’s Most Powerful Heavy-Lift Jackup Installs Rotor Stars Offshore Germany [IMAGES]

The wind farm installation vessel Innovation, owned by the HOCHTIEF subsidiary HGO InfraSea Solutions is currently installing rotor stars offshore Germany at

July 30, 2014
Total Views: 65

freeport lpg terminal
News

Phillips 66 to Spend Billions on Midstream Expansion

Phillips 66, the refining company that saw its shares drop last month on news of expanded U.S. oil exports, said second-quarter profit declined 9.9 percent as

July 30, 2014
Total Views: 35

gsf arctic III barryroe providence resources offshore drilling
News

Will Ireland’s Pot of Black Gold Sitting Offshore Ever Be Retrieved?

Ireland finally found treasure at the end of the rainbow, or so it seemed in

July 30, 2014
Total Views: 83

Tuesday, July 29, 2014
cma cgm centaurus tow
Finance

CMA CGM Continues to Underpin Global Ship Lease Performance

By Mike Wackett, UK-based containership owner Global Ship Lease (GSL) has revealed it has contracted revenue of $900m in long-term charters on 15 of its fleet

July 29, 2014
Total Views: 62

Watch: Wife Freaks Out After Iceberg Collapses
Blog

Watch: Wife Freaks Out After Iceberg Collapses

Rick and his wife Wanda were in the Bay of Exploits, Newfoundland when the iceberg they were observing suddenly collapsed right before her eyes. Let's just say

July 29, 2014
Total Views: 60

3-Hour Whale Watching Cruise Strands Passengers Overnight
Shipping News

3-Hour Whale Watching Cruise Strands Passengers Overnight

A planned three-hour whale watching cruise off the Massachusetts coast turned into an all-night affair for 163 people aboard a boat that limped back into

July 29, 2014
Total Views: 75

scarabeo 7 saipem
News

Saipem Awarded $540 Million in Offshore Drilling Contracts

Saipem announced today the award of four new offshore drilling contracts worth $540 million for clients operating offshore Indonesia, Nigeria, the Arabian

July 29, 2014
Total Views: 169

Perini Navi Perseus mast stepping future fibres la spezia
News

Future Fibres’ Giant Carbon Mast Will Carry Largest Sail Ever Made

Luxury yacht builder Perini Navi completed the mast stepping operation today of Perseus3 a 60 meter sloop with one of the tallest masts in the world. Built of

July 29, 2014
Total Views: 383

United Kalavrvta
News

U.S. Judge Signs Order to Seize Kurdish Oil From Tanker Off Texas

Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. Marshals Service to seize a cargo of oil from Iraqi

July 29, 2014
Total Views: 62

Chong Chon Gang north korea panama
News

U.N. Blacklists Operator of North Korean Ship Seized in Panama

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling

July 29, 2014
Total Views: 58