News

The latest maritime and offshore news.


Monday, March 25, 2013
singapore shipping terminal tanjong pagar container shipping
News

Strict IMO Regulations Boost Demand for Low Sulphur Fuel in Singapore

SINGAPORE, March 25 (Reuters) – Demand for low sulphur bunker fuel in Singapore is expected to rise at least 20 percent this year, following tighter

March 25, 2013
Total Views: 32

triality dnv
Engineering News

Do Eco-Ships Make Sense?

According to Robert Bugbee, President of Scorpio Tankers, the answer to the eco-ship question can perhaps be found by considering the question, “Do you

March 25, 2013
Total Views: 297

UK Energy Firm Signs 20-Year Deal to Import U.S. LNG
News

UK Energy Firm Signs 20-Year Deal to Import U.S. LNG

(Bloomberg) — Centrica Plc, the U.K.’s largest household energy supplier, signed a 20-year deal to import natural gas from the U.S., securing

March 25, 2013
Total Views: 60

Sunday, March 24, 2013
ac72 oracle racing americas cup foiling
Interesting

WATCH: Oracle Team USA Sending it on San Francisco Bay

I suppose after racing on this boat, everyone on board can safely say that they’ve hit the pinnacle of their sailing career. I mean, what else could

March 24, 2013
Total Views: 109

charles fabrikant seacor
News

With Gulf of Mexico Drilling on the Rise, Shares of Seacor Holdings are Poised to Climb

NEW YORK, March 24 (Reuters) – Shares of cargo ship operator Seacor Holdings could climb as oil drilling in the Gulf of Mexico picks up, according to a

March 24, 2013
Total Views: 45

Havyard 832L L WE
News

Battered by 2008 Economic Meltdown, Iceland Welcomes Expansion of Arctic Offshore Exploration

March 22 (Bloomberg) — Iceland, which issued its first oil and gas exploration licenses this year, will probably order more supply vessels from Norway as

March 24, 2013
Total Views: 25

qatargas duhail lng carrier
News

LNG Carriers Set Course for United Kingdom as Supply Runs Low

By Daniel Fineren DUBAI, March 24 (Reuters) – Three big Qatari liquefied natural gas (LNG) deliveries should help replenish vital heating supplies for

March 24, 2013
Total Views: 52

oslo opera house
News

Sitting On Too Much Money, Norway Risks Going Off Course [ANALYSIS]

By Balazs Koranyi and Victoria Klesty OSLO, March 24 (Reuters) – Middle East-style oil wealth combined with a generous Nordic welfare model is slowly

March 24, 2013
Total Views: 47

Saturday, March 23, 2013
Latest Maritime and Offshore Industry Jobs: Week of 18 – 23 March 2012
Interesting

Latest Maritime and Offshore Industry Jobs: Week of 18 – 23 March 2012

123 new jobs were posted on gCaptain this week… here they are: Ships Operations Officer – Chief Mate – Galveston, TX Marine Surveyor- Nigeria

March 23, 2013
Total Views: 38

Côte d'Ivoire ivory coast
News

Ivory Coast to More than Double Container Capacity, Announces New Terminal at Abidjan

By Joe Bavier ABIDJAN, March 23 (Reuters) – Ivory Coast has named a consortium of French industrial groups Bollore and Bouygues and Denmark’s

March 23, 2013
Total Views: 44

Friday, March 22, 2013
nigeria lng terminal shell
Multimedia

Photo of the Day: LNG Carrier Docks in Nigeria

A ship owned by Bonny Gas Transport (BGT) berths near the Nigeria Liquified Natural Gas company (NLNG) near Finima village.  Image taken during an aerial tour

March 22, 2013
Total Views: 47

grain ship bulk carrier export dry cargo
News

South American Grain Continues to Support Panamax Rates, Capesize Ships Take Another Hit

By Shrutee Sarkar March 22 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, firmed

March 22, 2013
Total Views: 74

BW Utik vlcc supertanker tanker
News

VLCC Charter Rates Show First Decline in 3 Weeks

(Bloomberg) — Charter rates for the largest oil tankers on the industry’s busiest trade route declined for the first time in three weeks amid

March 22, 2013
Total Views: 86

ABS, Maersk Line, and GasLog Discuss Efficient Shipping
Engineering News

ABS, Maersk Line, and GasLog Discuss Efficient Shipping

At the Connecticut Maritime Association “Shipping 2013” conference this week, the American Bureau of Shipping hosted an energy efficiency

March 22, 2013
Total Views: 34

FPSO Cidade de Angra dos Reis MV22 modec
News

MODEC Announces Partners for FPSO Cidade de ITAGUAÍ MV26 Project Off Brazil

TOKYO – MODEC announced today that Mitsui & Co., Mitsui O.S.K. Lines, and Marubeni Corporation have agreed to invest in a MODEC-operated, long-term

March 22, 2013
Total Views: 124

duncan type 45 destroyer bae systems
Defense

BAE Systems Delivers Sixth Type 45 Destroyer

PORTSMOUTH – The sixth and final Type 45 destroyer, DUNCAN, has been delivered to HM Naval Base Portsmouth by BAE Systems and will be handed over to the

March 22, 2013
Total Views: 166

maersk
News

Overcapacity Trumps Rate Hike Plan, Maersk Shares Fall

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, fell the most in four days in Copenhagen as freight rates out of China

March 22, 2013
Total Views: 38

Thursday, March 21, 2013
Breaking: Italian Marines Return to India
News

Breaking: Italian Marines Return to India

By Andrew Davis and Chiara Vasarri March 21 (Bloomberg) — Two Italian marines charged with killing fishermen will return to India to stand trial in a bid

March 21, 2013
Total Views: 43

circassia frontline tankers crude oil tanker
News

VLCC Market Rises on Greater Japanese Demand, Owners Still Struggling to Survive

By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings,

March 21, 2013
Total Views: 37

Israel’s Zim Struts to Big Loss
News

Israel’s Zim Struts to Big Loss

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

March 21, 2013
Total Views: 24