News

The latest maritime and offshore news.


Wednesday, March 12, 2014
Songa Mercur
News

Rig Worker Says He Witnessed Plane Burning at High Altitude Off Vietnam

A crew member on board Songa Offshore’s drilling rig, the Songa Mercur, drilling offshore Vietnam, notes in an email he may have witnessed the missing

March 12, 2014
Total Views: 318

rowan renaissance drillship
News

Repsol to Use Rowan Renaissance Drillship to Place $95 Million Bet Offshore Namibia

March 12 (Bloomberg) — Repsol SA, Spain’s biggest oil producer, will spend about $95 million drilling its first well offshore from Namibia as the

March 12, 2014
Total Views: 239

Billionaire Ross Says Diamond S Shipping IPO Pulled as Price Too Low
Finance

Billionaire Ross Says Diamond S Shipping IPO Pulled as Price Too Low

March 12 (Bloomberg) — Billionaire Wilbur Ross said an initial public offering for Diamond S Shipping Group Inc., the tanker company in which his firm is

March 12, 2014
Total Views: 85

Lewek ebony emas
Incidents

EMAS’ Lewek Ebony Spooked After Being Chased Offshore Indonesia

Lewek Ebony, an anchor handling tug and supply (AHTS) vessel owned by EMAS – the Singapore-based offshore and subsea contractor, was chased last night by

March 12, 2014
Total Views: 203

avance gas logo
Finance

Avance Gas Plans Oslo IPO

OSLO, March 12 (Reuters) – Gas tanker operator Avance Gas Holding is planning an initial public offering (IPO) and aims to list its shares on the Oslo

March 12, 2014
Total Views: 127

crown63 ultramax sinopacific shipbuilding
News

Bohi Industry Orders New Bulk Carriers From Sinopacific

Sinopacific Shipbuilding Group has announced the signed newbuild order for two firm bulk carriers, plus two options from Bohi Industry, the Chinese

March 12, 2014
Total Views: 74

Rebel Tanker Reaches Egyptian Waters After Escaping Libya
News

Rebel Tanker Reaches Egyptian Waters After Escaping Libya

Libya's navy has lost contact with an oil tanker that loaded oil in a rebel-held port and has now slipped into Egyptian waters after being attacked by Libya's

March 12, 2014
Total Views: 38

Tuesday, March 11, 2014
News

Jones Act Carriers Agree to $3.4 Million Settlement Over Price Fixing Claims

Jones Act shipping companies Sea Star Line and Horizon Lines have agreed to pay a combine $3.4 million to settle claims of their involvement in a price fixing

March 11, 2014
Total Views: 60

airbus skynet
News

Simplifying High-Speed Maritime Satcoms via Airbus’ AuroraGlobal

For those of you who geek out on the latest ongoings in the world of satellite communications, you’re likely aware that Airbus, the French company famous

March 11, 2014
Total Views: 72

Malaysia Expands Search for Missing Jet to Strait of Malacca
Shipping News

Malaysia Expands Search for Missing Jet to Strait of Malacca

Malaysian investigators looking for a jet that went missing more than three days ago broadened their search to the Malacca Strait after scouring the sea near

March 11, 2014
Total Views: 43

North Korean Tanker Sneaks Out of Libya, Vessel Fired Upon – UPDATE
News

North Korean Tanker Sneaks Out of Libya, Vessel Fired Upon – UPDATE

Update: Libya’s Navy has reportedly fired upon the tanker, causing some damage to the vessel, and Italian vessels are helping to secure the

March 11, 2014
Total Views: 42

LNG carriers Qatar Nakilat-Keppel Offshore & Marine
News

Ship Glut Burdens LNG Tanker Market, Slashes Profits

Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst

March 11, 2014
Total Views: 23

geared bulk carrier cranes macgregor
Multimedia

“Geared Up”

When I first got into the commercial maritime industry, I remember a few people saying how they worked on a “geared bulk carrier” and I thought to

March 11, 2014
Total Views: 213

bulk carrier capesize
News

Fredriksen Sells Half Dozen Capes to Knightsbridge

In a deal announced this week, five capesizes under construction at Shanghai Waigaoqiao Shipbuilding in China, as well as 2013-built capesize bulker will be

March 11, 2014
Total Views: 129

News

Ship Finance International Acquires Two Post-Panamax Containerships

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) today announced the agreement to acquire two 5,800 teu

March 11, 2014
Total Views: 45

damen doc 8500 cable layer ship
News

DeepOcean Orders New High Spec Cable Lay Ship, Signs Long Term Charter

A 7-year charter agreement between expanding subsea contractor DeepOcean and Maersk Supply Service has triggered a newbuild order for a Damen Offshore Carrier

March 11, 2014
Total Views: 133

indonesia navy sigma class corvette
News

Cargo of Tin Seized by Indonesian Navy En Route to Singapore

March 11 (Bloomberg) — The Indonesian Navy seized 2,822 metric tons of tin from a vessel last week on suspicion the shipment failed to meet government

March 11, 2014
Total Views: 60

Monday, March 10, 2014
Hot Work Explosion Injures Six
News

Hot Work Explosion Injures Six

Six crewmembers suffered severe burns Friday following an explosion onboard a Philippines cargo ship as it was moored at Bredco Port in Bacolod City,

March 10, 2014
Total Views: 56

Mysteries of Deep Often Solved in Air Accidents Over Water
Interesting

Mysteries of Deep Often Solved in Air Accidents Over Water

Teams searching for the wide-body jetliner that vanished off Vietnam almost certainly will locate it and figure out what brought it down, according to aviation

March 10, 2014
Total Views: 56

Multi-National Search Continues for Missing Malaysia Airliner In “Unprecedented Mystery”
News

Multi-National Search Continues for Missing Malaysia Airliner In “Unprecedented Mystery”

The disappearance of a Malaysian airliner about an hour into a flight to Beijing is an "unprecedented mystery", the civil aviation chief said on Monday, as a

March 10, 2014
Total Views: 49