News

The latest maritime and offshore news.


Tuesday, April 23, 2013
lng libra Hoegh
News

Gas Natural Signs Time Charter for LNG Libra

Höegh LNG announced today their 126,000 cubic meter LNG carrier, LNG Libra has been chartered by Spanish natural gas utilities company Gas Natural. The

April 23, 2013
Total Views: 81

mwcc marine well containment company
News

MWCC Chooses Technip’s Alabama Shorebase to Store Deepwater Blowout Response Equipment

Houston, TX, April 23, 2013 – Marine Well Containment Company (MWCC) announced today that Mobile, Ala. has been selected as the shorebase location to

April 23, 2013
Total Views: 143

time charter equivalent rates tankers
News

ExxonMobil Charters Pair of VLCCs at Lowest Rates of 2013

April 22 (Bloomberg) — Exxon Mobil Corp., the world’s biggest energy company by market value, booked two tankers to haul oil to the U.S. Gulf Coast

April 23, 2013
Total Views: 76

nordlb
Finance

NordLB: The Darkest Hour of Shipping Has Passed

FRANKFURT, April 23 (Reuters) – NordLB’s, one of the world’s top ten ship financiers, expects the shipping industry to have passed its

April 23, 2013
Total Views: 22

marlink astrium vizada vsat
News

Hartmann Reederei Upgrades Their 74 Ships with Marlink VSAT

Oslo, 23 April 2013 – German ship operator Hartmann Reederei has chosen Marlink to supply standardized Ku-band VSAT services to a diversified fleet of 74

April 23, 2013
Total Views: 102

Monday, April 22, 2013
tubbataha reef aground fishing vessel
News

Chinese Fishing Vessel Pulled from Tubbataha Reef

Investigators to look into the 400 boxes of dead anteaters found beneath the cargo hold

April 22, 2013
Total Views: 98

LNG carrier new build shipyard
News

Who’s Building LNG Carriers?

 There are currently 94 LNG carrier new builds on order.  Here’s where they are being built, and who’s buying them. Data via: Petroleum

April 22, 2013
Total Views: 296

Clarkson Publishes New Ship Rates and Alters Old Ones for Fuel
News

Clarkson Publishes New Ship Rates and Alters Old Ones for Fuel

Clarkson Plc, the world’s largest shipbroker, began publishing new shipping rates, discontinued others, and revised historical ones to reflect changes

April 22, 2013
Total Views: 29

HSH Nordbank Cuts Bad Ship Loans Through 10 Ship Deal With Navios
News

HSH Nordbank Cuts Bad Ship Loans Through 10 Ship Deal With Navios

Deal marks Navios' entry into the container ship

April 22, 2013
Total Views: 9

ro lokken
News

Going Big with Floating LNG

In front of one of the most packed audiences of last week’s LNG 17 conference in Houston, Texas, ExxonMobil’s Chief Offshore Engineer, Ro Lokken,

April 22, 2013
Total Views: 78

Breakaway Barges Wreak Havoc Along Mississippi River
News

Breakaway Barges Wreak Havoc Along Mississippi River

The U.S. Coast Guard has closed a portion of the Mississippi River near St. Louis after 114 barges broke free late

April 22, 2013
Total Views: 82

Keppel Forms Seabed Mineral Mining JV
News

Keppel Forms Seabed Mineral Mining JV

New joint venture intends to search and recover polymetallic nodules found several kilometers beneath the ocean's

April 22, 2013
Total Views: 76

Mitsui Shipbuilding Gains 21 Percent on Report of Merger Talks with KHI
Engineering News

Mitsui Shipbuilding Gains 21 Percent on Report of Merger Talks with KHI

(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy

April 22, 2013
Total Views: 41

misc berhad lng carrier
News

Petronas Pulls $3 Billion Bid for MISC Berhad, Shares Tumble

(Bloomberg) — MISC Bhd., the world’s second- largest shipper of liquefied natural gas, tumbled the most in 14 years in Kuala Lumpur stock trading

April 22, 2013
Total Views: 139

Sunday, April 21, 2013
SPOTD – Vela’s Product Tanker Alnasl Star Docks at Duba, Saudi Arabia
Multimedia

SPOTD – Vela’s Product Tanker Alnasl Star Docks at Duba, Saudi Arabia

A fisherman pulls in his net as the 49k DWT product tanker, Alnasl Star transfers cargo at the northwestern Saudi Arabia port city of Duba on 20 April 2013.

April 21, 2013
Total Views: 53

lofoten islands norway aerial scenic landscape
News

Norway’s Ruling Party Backs Drilling Off Picturesque Lofoten Islands

OSLO, April 21 (Reuters) – Norway took a major step towards opening up an environmentally sensitive Arctic area to oil and gas exploration when the

April 21, 2013
Total Views: 37

Saturday, April 20, 2013
Excel maritime carriers
Finance

Excel Maritime Carriers – A Sad Day of Reckoning Coming Soon

By Lambros Papaeconomou, NYFEX Asset Management LLC Dry cargo shipping company Excel Maritime Carriers Ltd. (EXM) saw its share price drop almost 45%

April 20, 2013
Total Views: 72

Friday, April 19, 2013
Flooding Cripples Barge Shipping on Illinois and Mississippi Rivers
News

Flooding Cripples Barge Shipping on Illinois and Mississippi Rivers

Barge shipping was halted Friday on parts of the Illinois and Mississippi rivers as flooding forced the closure of several locks until at least the middle of

April 19, 2013
Total Views: 19

greek flag greece
News

Greek Shipowners Play Russian Roulette With Dry Bulk Market

(Bloomberg) — Greek ship owners, who control more vessels than those of any other country, are buying the most iron-ore carriers since before the global

April 19, 2013
Total Views: 70

Thursday, April 18, 2013
European Parliament Rejects Proposal for Ship Recycling Fund
News

European Parliament Rejects Proposal for Ship Recycling Fund

The European Parliament on Thursday backed plans that would help make the scrapping of old ships safer, but voted against a proposal for a recycling fund

April 18, 2013
Total Views: 113