News

The latest maritime and offshore news.


Monday, July 8, 2013
european commission eu flags
News

Greenhouse Gas Legislation Landscape: The EU Makes Its Move

The European Union (EU) has launched a flurry of activity around maritime greenhouse gas (GHG) emissions in the last few months in a move that the industry has

July 8, 2013
Total Views: 41

nigeria lng terminal shell
News

Nigerian Court Again Orders End to Blockade of LNG Ships

Nigeria's federal court in Lagos reiterated an order for the maritime security agency to end a blockade of Nigeria's liquefied natural gas company (NLNG) ships

July 8, 2013
Total Views: 56

navios acquisition
News

Navios Acquisition Accepts Delivery of MR2 Product Tanker, Extends Charter on Nave Polaris

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced the Nave Equinox, a 2007-built, 50,922 dwt MR2 Ice Class 1A product tanker was delivered

July 8, 2013
Total Views: 59

jumbo javelin heavy lift
Engineering News

OCTOPUS-Onboard: Optimizing Seagoing Operations with Software [INTERVIEW]

While in Houston earlier this year, I caught up with Leon Adegeest, a Dutch entrepreneur who, along with his team, developed a particularly useful software

July 8, 2013
Total Views: 466

Bulk Carrier “Cyprus Cement” Lays Waste to Local Marina
Incidents

Bulk Carrier “Cyprus Cement” Lays Waste to Local Marina

While attempting to leave port on Saturday, the bulk carrier Cyprus Cement encountered some sort of propulsion issue and ends up tearing through a Norwegian

July 8, 2013
Total Views: 1222

Gusto MSC CJ50-X120
News

China Shipbuilding Wins $436 Million Jack-Up Order

China Shipbuilding Industry Corporation (CSIC) announced today that their subsidiary, Shanhaiguan Shipbuilding received an order for 2 new jack-up rigs with an

July 8, 2013
Total Views: 130

Sunday, July 7, 2013
rongsheng heavy industries
Finance

Is Struggling Shipbuilder China Rongsheng Too Big To Fail?

By Koh Gui Qing and Yimou Lee HONG KONG/BEIJING, July 8 (Reuters) – An appeal for government financial support from China’s biggest private

July 7, 2013
Total Views: 67

hyundai heavy industries
News

Hyundai Heavy to Lift Prices on Demand as China Shipyards Falter

Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global

July 7, 2013
Total Views: 78

Friday, July 5, 2013
Raw Video: Cargo Ships Locked Together After Colliding in Aegean Sea
Interesting

Raw Video: Cargo Ships Locked Together After Colliding in Aegean Sea

Efforts are underway in Greece to separate two cargo ships that collided in the Aegean Sea on July

July 5, 2013
Total Views: 216

nigeria lng terminal shell
News

Nigeria LNG Expecting Court Ruling On Costly Blockade

Nigeria’s liquefied natural gas company (NLNG) is expecting a ruling on Friday on a tax dispute with the maritime security agency, whose blockade of its

July 5, 2013
Total Views: 50

ClassNK: MOL Comfort Was Fully in Compliance
News

ClassNK: MOL Comfort Was Fully in Compliance

Japanese classification society ClassNK issued a statement today on the ongoing investigation into what might have gone wrong with the ill-fated containership,

July 5, 2013
Total Views: 90

baltic dry index
News

Baltic Dry Index Sees Biggest Weekly Decline Since December 2012

The Baltic Dry Index, a measure of commodity-shipping costs, fell for a fourth day, capping the biggest weekly decline since December, as rates declined for

July 5, 2013
Total Views: 52

vale rio de janeiro vloc
News

China Rongsheng, Symbol Of Shipping Downturn, Seeks Government Help

China Rongsheng Heavy Industries Group, China's largest private shipbuilder, appealed for financial help from the Chinese government and big shareholders on

July 5, 2013
Total Views: 55

suez transit 5
News

Suez Canal, Egypt Ports Operating Normally

Egypt's ports and its strategic Suez Canal were operating normally on Friday with no disruption to cargo traffic, two shipping sources and a canal official

July 5, 2013
Total Views: 42

Thursday, July 4, 2013
osx logo batista
News

Batista Said to Consider Shutting OSX Shipbuilding Business

(Bloomberg) — Brazilian billionaire Eike Batista is being asked by advisers to consider shutting down OSX Brasil SA’s shipbuilding business and

July 4, 2013
Total Views: 68

DSME daewoo shipbuilding marine engineering
News

DSME To Build up to 16 Ice-Class LNG Carriers for Russia’s Yamal LNG

MOSCOW, July 4 (Reuters) – Daewoo Shipbuilding & Marine Engineering has won a tender to build ice-class gas tankers for the Yamal LNG project to

July 4, 2013
Total Views: 42

ut 535 design rolls royce
Engineering News

Rolls-Royce Signs Oil Spill Response Vessel Contract in Brazil

Rolls-Royce has announced a signed contract with Brazilian shipyard Aliança S/A Industria Naval e Empresa de Navegacao, a subsidiary of Fischer Group, and

July 4, 2013
Total Views: 168

rongsheng heavy industries
Finance

China Rongsheng Halts Share Trading After Report of 8,000 Job Cuts

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., the nation’s biggest shipyard outside state control, halted share trading today

July 4, 2013
Total Views: 107

Wednesday, July 3, 2013
Maersk Wins as Biggest Shipping Alliance to Boost Profit
News

Maersk Wins as Biggest Shipping Alliance to Boost Profit

A.P. Moeller-Maersk A/S and its two main rivals may have their best chance yet to boost profit, say European shipping investors and banks. The key: joining

July 3, 2013
Total Views: 34

cssc dual fuel harbor tug
News

China State Shipbuilding Launches First Dual Fuel Harbor Tug

China State Shipbuilding Corporation (CSSC) has announced the launch of China’s first dual fuel harbor tug, the CNOOC 521,  from their Huangpu Shipyard.

July 3, 2013
Total Views: 73