News

The latest maritime and offshore news.


Monday, October 15, 2012
alang-children-shipbreaking-india
News

Out of Sight, Out of Mind…EU May Break Toxic Ship Treaty

Just days after an explosion killed 6 shipbreakers in Alang India, the European Commission is considering a proposal to legalize the export of toxic,

October 15, 2012
Total Views: 42

truth oceanic tanker nitc
News

Some Iranian Tankers Are Now Squawking Tanzanian Codes, Despite Sanctions

LONDON–Some Iranian tankers have been detected with a Tanzanian identification even though the East African nation has denied flagging them, as Tehran

October 15, 2012
Total Views: 91

subsea viking eidesvik
News

Subsea 7 and Eidesvik Get a Boost from $300 Million Contract Extension

Since she was delivered from the shipyard in 1999, Eidesvik’s multi-purpose support vessel, Subsea Viking, has been on continual contract with global

October 15, 2012
Total Views: 67

Deepwater Horizon’s “Company Men” Refuse to Testify, Prosecutors Seek Penalty Against BP
News

Deepwater Horizon’s “Company Men” Refuse to Testify, Prosecutors Seek Penalty Against BP

(Bloomberg) — The refusal of three BP Plc executives’ to testify about the 2010 Gulf of Mexico disaster should be held against the company at a

October 15, 2012
Total Views: 402

Friday, October 12, 2012
china shipping development company stock quote
News

Chinese Dry Bulk Shippers Advance as Spot Charter Rates Jump

(Bloomberg) — China Shipping Development Co. and China Cosco Holdings Co., the nation’s biggest operators of dry- bulk ships, both rose the most

October 12, 2012
Total Views: 52

wartsila x72
Engineering News

Wärtsilä X72 Engines Ordered for 6 New Ships

Wärtsilä announced today that they have won an order to supply their recently introduced Wärtsilä X72 2-stroke main engines for six new vessels to

October 12, 2012
Total Views: 128

asd 3212 2810 damen tugs
News

Damen Awarded Kuwaiti Newbuild Contract for Over Two Dozen Tugs

Damen Shipyards announced today that they have signed a contract with Kuwait Oil Company (KOC) for 14 Damen ASD Tugs. The series consist of two types, with 9

October 12, 2012
Total Views: 192

steinar gundersen maris
News

Ship Managers Gather Real-Time Data as ECDIS Moves into the “M Cloud” [INTERVIEW]

While in Hamburg last month for the SMM Expo, I met up with Steinar Gundersen, the CEO of ECDIS-provider MARIS, and Bhupesh Gandi, MARIS’ Asia

October 12, 2012
Total Views: 363

eyeball pompano beach
Interesting

Giant Eyeball Washes Up on Shore

Any of you scurvy dogs missing an eye?  A beachcomber in Pompano Beach, Florida may have found it.  Doesn’t look human though. Any guesses where it

October 12, 2012
Total Views: 71

maersk sentosa
News

Maersk Line Removes 19 Ships from Asia-Europe Trade, Further Cuts Possible

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, said it will remove 19 ships from Asia- Europe trade lanes in a bid to

October 12, 2012
Total Views: 58

British Maritime Cowboys…RNLI Wrangles Runaway Fishing Boat [VIDEO]
Interesting

British Maritime Cowboys…RNLI Wrangles Runaway Fishing Boat [VIDEO]

Like wrangling a wild horse at sea, the RNLI shows off a few tools in their rescue toolbox by capturing a runaway fishing boat. Ok, so maybe it’s not

October 12, 2012
Total Views: 30

Thursday, October 11, 2012
Eleonora Maersk
News

Suez Canal Container Terminal Now Ready to Support World’s Largest Container Ships

With a population of 84 million, Egypt has the largest population of all of the Arab nations, and in 2011 reported a GDP $232 billion.  The country is also

October 11, 2012
Total Views: 153

Maersk Hakone
News

BP Signs $5 Million Charter for South Korea-bound Maersk VLCC

LONDON–BP PLC (BP) is looking to ship 2 million barrels of North Sea crude to South Korea at the end of October, according to shipping fixtures seen

October 11, 2012
Total Views: 42

Wednesday, October 10, 2012
oscv siem offshore
Engineering News

Siem Offshore Orders Another Pair of Offshore Subsea Construction Vessels

STX OSV announced today that Norwegian offshore vessel owner, Siem Offshore has declared options for the design and construction of two additional Offshore

October 10, 2012
Total Views: 133

uss new hampshire
Defense

Romney’s Claim of “Smallest Navy Since 1916” is Both Incorrect, and Irrelevant

(Bloomberg) — Mitt Romney, vowing to expand the Navy, said the U.S. has fewer warships now than in 1916. Back then, a battleship’s main guns had a

October 10, 2012
Total Views: 91

Tuesday, October 9, 2012
yme jack-up
Engineering News

Talisman’s Yme Platform is in Danger of Collapse

According to a letter obtained by Reuters from Talisman Energy to Norway’s Petroleum Safety Authority (PSA), the Yme platform is still in very sketchy

October 9, 2012
Total Views: 117

Daiichi Chuo bridgewing ship stack
Finance

Daiichi Chuo Suffers Huge Losses as Low Rates Slam Dry Bulk Market, May Cancel Ship Orders

(Bloomberg) — Daiichi Chuo Kisen Kaisha said it may cancel ship orders, pare its fleet and sell new stock after getting emergency financing from

October 9, 2012
Total Views: 50

Monday, October 8, 2012
Young-wook Chin
Finance

As European Cash Dries Up, Korean Shipyards Look at Local Financing Options

(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new

October 8, 2012
Total Views: 25

Sunday, October 7, 2012
togo piracy attack
News

In Togo, Pirates are Bold, Heavily Armed, and Don’t Seem to Worry About Getting Caught

You know things are bad when “get-away cars” are barges that can barely get out of their own way, but apparently it’s not a problem for

October 7, 2012
Total Views: 36

Kantika lpd carrier phuket
Incidents

Rust-Covered LPG Carrier Catches Fire Off Phuket

Is anyone surprised that an LPG carrier covered in this much rust, also has a cloud of smoke billowing from its wheelhouse? This is the Kantika, an 80-meter

October 7, 2012
Total Views: 67