News

The latest maritime and offshore news.


Wednesday, March 6, 2013
DNV-Led Joint Industry Project Concludes LNG Bunkering in Australia is Highly Feasible
News

DNV-Led Joint Industry Project Concludes LNG Bunkering in Australia is Highly Feasible

Attractive payback periods from the additional investments required for LNG-fuelled shipping, along with no significant legal restrictions hindering

March 6, 2013
Total Views: 75

soren skou tpm keynote speech
Multimedia

Maersk Line CEO Provides Keynote Speech at TPM 2013 [VIDEO]

Maersk Line’s CEO Soren Skou kicks off TPM 2013 with the keynote speech. Watch it

March 6, 2013
Total Views: 33

bhp billiton port hedland western australia bulk carrier
News

Global Shipments of Iron Ore Expected to Increase 39%, Yet Dry Bulk Market Still Looks Unprofitable

(Bloomberg) — A 39 percent jump in iron-ore cargoes over the next three years will fail to offset a surplus of the biggest ships hauling the steelmaking

March 6, 2013
Total Views: 53

blue power ulstein px121
News

“Blue Power” Platform Supply Vessel Delivered by Ulstein Verft

Ulstein Verft delivered Blue Power today, the third of six medium-sized Ulstein PX121 platform supply vessels (PSV) to Blue Ship Invest, a wholly-owned

March 6, 2013
Total Views: 593

norden logo
Finance

Danish Shipper Norden Just Barely Makes a Fourth Quarter Profit

COPENHAGEN, March 6 (Reuters) – Danish shipping company Norden on Wednesday reported a slim fourth quarter operating profit but said it expected markets

March 6, 2013
Total Views: 21

fpso azurite bourbon prosafe
Finance

All Metrics Point Toward Sustained Prosperity for Bourbon, Fleet Growth Continues

By James Regan and Benjamin Mallet PARIS, March 6 (Reuters) – France’s Bourbon SA, which supplies ships for the oil and gas industry, sees

March 6, 2013
Total Views: 58

Tangguah LNG
News

Once a Major Exporter, Indonesia Will Soon Import LNG to Keep Up with Demand

(Bloomberg) — Indonesia, the world’s third-largest exporter of liquefied natural gas, will start importing the fuel by 2018 to meet increasing

March 6, 2013
Total Views: 55

Tuesday, March 5, 2013
caterpillar ocearch lydia great white shark
Multimedia

Wearing Jeans, Ship’s Captain Jumps into Water Basket with 14-Foot Great White Shark [VIDEO]

The non-profit ocean research group OCEARCH is at it again, doing good things for mother nature. On 3 March, their team captured, tagged, studied, and released

March 5, 2013
Total Views: 48

friede & goldman JU2000E
News

Seadrill Orders Pair of High Spec Jack-Ups From Dalian

Seadrill announced today they have ordered two high specification jack-up drilling rigs to be built at China’s Dalian Shipbuilding Industry Company

March 5, 2013
Total Views: 51

Scorpio and Tsakos Set to Profit on Increased U.S. Production of Refined Products
News

Scorpio and Tsakos Set to Profit on Increased U.S. Production of Refined Products

(Bloomberg) — Record production of so-called ultra-light oil from U.S. shale deposits will spur demand for tankers hauling refined fuels because of

March 5, 2013
Total Views: 66

conocophillips kenai lng alaska
News

ConocoPhillips to Cease Overseas Shipments of Alaskan LNG

(Bloomberg) — ConocoPhillips may cease shipments of liquefied natural gas from the U.S.’s only export terminal in Alaska because of insufficient

March 5, 2013
Total Views: 81

Volgaborg ship launch
Multimedia

Ferus Smit Shipyard Launches the M/V Volgaborg [VIDEO]

Ferus Smit shipyard in Westerbroek, The Netherlands launched the M/V Volgaborg today, the third of three multipurpose cargo ships built for Wagenborg Shipping.

March 5, 2013
Total Views: 142

wartsila hybrid exhaust scrubber
Engineering News

Scrubbing Up Well: The Evolving Market For Exhaust Gas Cleaning Systems

Over the last few years, the exhaust gas cleaning system (EGCS) / scrubber market within the maritime industry has accelerated and with it so has scrubber

March 5, 2013
Total Views: 146

Monday, March 4, 2013
AVT 3000 Class Voith Schneider Tug
Engineering News

Newest Robert Allan-Designed Tug Makes Transatlantic Delivery to Carbones del Cerrejón

On 25 January 2013, the Media Luna, a newly-built AVT 3000 Class Voith Schneider tug sailed into Puerto de Bolivar, Colombia after voyaging under her own

March 4, 2013
Total Views: 290

exxonmobil rosneft
News

ExxonMobil Beats BP to the Arctic, Again

By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal

March 4, 2013
Total Views: 52

Archer Daniels Midland
News

Archer Daniels Midland Mistakenly Uses Iranian Ship to Transport Grain

By Jonathan Saul LONDON, March 4 (Reuters) – Archer Daniels Midland Co unwittingly used a vessel controlled by a sanctioned Iranian shipping firm last

March 4, 2013
Total Views: 90

transocean
Finance

Icahn Applies Pressure to Transocean Board, Dividend Reinstated

(Bloomberg) — Transocean Ltd., the owner of the Deepwater Horizon rig that exploded while drilling in the U.S. Gulf of Mexico in 2010, reinstated

March 4, 2013
Total Views: 41

Dalian shipbuilding
News

Global Shipbuilding Capacity Seen a Third Lower From 2008 Peak

(Bloomberg) — Global shipbuilding capacity is about a third lower than it was at the 2008 peak as yards close or reduce employment, RS Platou Economic

March 4, 2013
Total Views: 50

lamprell logo
News

James Moffat Takes Over as CEO of Lamprell

UAE-based rigbuilder Lamprell (ticker: LAM), announced today that James Moffat has now taken up his role as Chief Executive Officer (CEO) for the Group. Peter

March 4, 2013
Total Views: 124

iran flag
News

Iran Holds $3 Billion Credit with Turkey, Requests Ships In Lieu of Payment

(Bloomberg) — Iran has a $3 billion credit with Turkey over natural gas it sold to its neighbor and may use it to import commercial and leisure ships,

March 4, 2013
Total Views: 39