News

The latest maritime and offshore news.


Tuesday, November 27, 2012
iranian flag eu embargo
News

Tanzanian-Flagged Tanker Operated by NITC Gets Quarantined Off Greek Island

(Bloomberg) — Sekavin SA, a Greek fuel supplier, said it’s investigating the origin of a cargo aboard an Iranian tanker off the Mediterranean

November 27, 2012
Total Views: 31

cyprus ship managers
News

Ship Managers Contribute Largest Amount in 2 Years to Cyprus GDP

(Bloomberg) — Cyprus’s ship-management companies contributed more to the island’s gross domestic product in the first half of 2012 than they

November 27, 2012
Total Views: 51

Global Shipbuilding Outlook – 45% of Shipyards Have No Orders Post 2012
Engineering News

Global Shipbuilding Outlook – 45% of Shipyards Have No Orders Post 2012

By Sanjeev Rana, Deutsche Bank  Global Shipbuilding Downturn Continues Global shipbuilding industry has been going through a downturn for the last four

November 27, 2012
Total Views: 88

lng tank hyundai heavy
Engineering News

HHI Develops New LNG Storage Tank

Hyundai Heavy Industries (HHI) announced today that it has developed an independent liquefied natural gas storage tank model named the Lobe-Bundle Tank. This

November 27, 2012
Total Views: 126

Monday, November 26, 2012
COSCO Holdings Plans $1 Billion Bond Issue
News

COSCO Holdings Plans $1 Billion Bond Issue

HONG KONG–Shipping giant China Cosco Holdings Ltd. (1919.HK) said in a statement Tuesday that it plans to issue US$1 billion worth of 10-year U.S.

November 26, 2012
Total Views: 35

rina royal institute of naval architects
Engineering News

Petrobras Plans to Grow Fleet by 146 Ships, Will Need Lots of Help

Over 150 representatives of the global maritime industry attended the Royal Institution of Naval Architect’s annual Presidents Invitation Lecture in

November 26, 2012
Total Views: 25

seadrill logo
News

Seadrill is Relocating to London in 2013

OSLO–Norwegian oil services company Seadrill Ltd. (SDRL.OS) said Monday its management unit Seadrill Management AS will move to London from Stavanger,

November 26, 2012
Total Views: 56

lng carrier shutterstock lngc
News

Exporting Natural Gas Would Add Billions to the US Economy

(Bloomberg) U.S. President Barack Obama has a rising opportunity to make good on two of his central campaign promises: harnessing domestic energy and

November 26, 2012
Total Views: 47

dynagas icebreaker lng carrier northern sea route
Multimedia

Icebreakers Escort the LNG Carrier “Ob River” Through Northern Sea Route [IMAGE]

The “Ob River” is an ice classed LNG carrier with four membrane-type tanks, with holding capacity of 147.5 thousand cubic meters or 66.4 thousand

November 26, 2012
Total Views: 50

lauro shipping lng ferry rolls royce
Engineering News

Rolls-Royce Teams up with Lauro Shipping to Design LNG-Powered Ro-Pax Ferry

Rolls-Royce and Italian ferry operator, Lauro Shipping, have teamed up to design an innovative new gas-powered class of ferry based on the award-winning

November 26, 2012
Total Views: 100

Peter Berdowski ceo boskalis
News

Boskalis Offers $885 Million in Takeover Bid for Dockwise [UPDATE]

*UPDATE Boskalis has acquired in excess of 8.5 million shares in Dockwise in the course of trading today. This shareholding represents slightly less than 22%

November 26, 2012
Total Views: 113

Sunday, November 25, 2012
Atlantic Council: Legal Framework of Counter Piracy Effort Requires More Attention
News

Atlantic Council: Legal Framework of Counter Piracy Effort Requires More Attention

The Atlantic Council recently launched their Counter-Piracy Task Force report, an action oriented effort to analyze and make recommendations on the complex

November 25, 2012
Total Views: 26

ue diesel MHI 2-stroke ship
Engines

Mitsubishi Heavy to Develop Gas-Powered Engine

TOKYO (Nikkei)–Mitsubishi Heavy Industries Ltd. (7011.TO) will unveil by 2015 a natural-gas-powered vessel engine that emits 30% less carbon dioxide than

November 25, 2012
Total Views: 31

abs stevens institute of technology
Engineering News

ABS Awards Stevens Institute $3 Million for New Engineering Complex

Founded in 1870 in Hoboken, New Jersey, the Stevens Institute of Technology has earned a worldwide reputation for academic excellence in the field of naval

November 25, 2012
Total Views: 44

Saturday, November 24, 2012
keppel offshore and marine shipyard
Finance

Keppel’s Stock Faces Tug of War, UOB KayHian Maintains Buy Call

0618 GMT 22 November [Dow Jones] STOCK CALL: Keppel’s (BN4.SG) stock faces “a tug of war between good contract wins and margin concerns,” UOB

November 24, 2012
Total Views: 30

tractor trailer ferry incident spanish
Incidents

Tractor Trailer Rolls Off Stern of Spanish Car Ferry [VIDEO]

The driver of a tractor trailer aboard the MV Alborán, a car ferry operating between Algeciras, Spain and Ceuta, Morocco, is definitely lucky to be alive,

November 24, 2012
Total Views: 151

Friday, November 23, 2012
The Carbon War Room Convenes in Berlin Over Efficient Shipping
News

The Carbon War Room Convenes in Berlin Over Efficient Shipping

– Carbon War Room Global fuel prices are rising inexorably, while extraterritorial bodies are putting forth new and stricter environmental legislation

November 23, 2012
Total Views: 22

neptune orient lines NOL
News

Maersk’s Plan is “More Sensational than Substantial,” NOL is Prime Pick for Market Recovery

0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,

November 23, 2012
Total Views: 19

lamar mckay bp upstream ceo
News

BP Appoints Lamar McKay CEO Upstream

BP PLC (PB.LN) Friday said it has appointed Lamar McKay as head of oil and gas production and development and he will take up the position Jan. 1, 2013. The

November 23, 2012
Total Views: 66

Thursday, November 22, 2012
Maersk Still Plans to Maintain Top Market Share Within Shipping Biz [INTERVIEW]
News

Maersk Still Plans to Maintain Top Market Share Within Shipping Biz [INTERVIEW]

Maersk made some comments recently that indicated they may be moving away from the shipping business, however Group CEO Nils Anderson makes it 100% clear in

November 22, 2012
Total Views: 22