News

The latest maritime and offshore news.


Thursday, July 5, 2012
stolt valor
Finance

Big Profits Reported at Stolt-Nielsen, Future Looks Fairly Weak However

Norwegian shipping and seafood company Stolt-Nielsen Ltd. (Oslo Børs: SNI), reported financial results today for their second quarter and first six months

July 5, 2012
Total Views: 57

Wednesday, July 4, 2012
hmas wollongong
Defense

3rd Time’s the Charm, Australian Navy Responds to Asylum Seekers in Distress

While transiting from Singapore to Christmas Island, HMAS Wollongong was tasked to respond to a vessel in distress which was eventually located approximately

July 4, 2012
Total Views: 69

universal maritime inc
Finance

Universal Maritime Withdraws IPO

Shipping company Universal Maritime Inc. said Wednesday it has withdrawn its initial public offering. MAIN FACTS: The company last month announced plans to

July 4, 2012
Total Views: 50

sbs tempest talisman energy
News

Talisman Energy Extends North Sea Contract for Viking Supply PSV

Talisman Energy (UK) Limited announced today that they have extended an existing one-year contract with Viking Supply Ships for six months for the use of the

July 4, 2012
Total Views: 52

maersk gallant
News

Statoil Hires Harsh Environment Jack-Up Rig from Maersk Drilling

COPENHAGEN (Dow Jones) –Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil and gas drilling services arm Maersk

July 4, 2012
Total Views: 43

Tuesday, July 3, 2012
volvo ocean race finish groupama galway
Multimedia

Fireworks, Champagne Showers, and Dry Clothes…Groupama Wins the 2011/12 Volvo Ocean Race

A big congrats to Groupama Sailing Team, the overall winner of the 2011/12 Volvo Ocean Race, and their French skipper, Franck Cammas.  After crossing nearly

July 3, 2012
Total Views: 46

arctech finland nb506 rendering
Engineering News

Russia Asks for Badass Arctic Supply Boats, Helsinki Shipyard Delivers

The hull assembly of arctic offshore vessel NB 507 was started at the Keel Laying Ceremony at Helsinki Shipyard 3 July 2012. The ship is the sister vessel of

July 3, 2012
Total Views: 132

Man Overboard! The Story of a Highly Unlikely Rescue [VIDEO]
Multimedia

Man Overboard! The Story of a Highly Unlikely Rescue [VIDEO]

[vimeo]http://vimeo.com/45095252[/vimeo] Maersk Line shared this story with us this afternoon of Tanawoot Pratoom, a painter on board the container ship Maersk

July 3, 2012
Total Views: 91

energy strait hormuz oil iran
News

Crude Prices Spike After Latest Threats from Iran

(Dow Jones) Oil prices were solidly higher Tuesday morning on revived tensions over the Iranian nuclear program and renewed speculation about more Central Bank

July 3, 2012
Total Views: 30

B.Delta25 Bulk Carrier Guangzhou Wenchong shipyard deltamarin
Engineering News

Guangzhou Wenchong Shipyard Contracts Deltamarin to Design 28k DWT Bulk Carrier

Deltamarin has entered into a contract with CSSC / Guangzhou Wenchong Shipyard Co. Ltd. (China) for the design of B.Delta25 bulk carriers. This is the first

July 3, 2012
Total Views: 168

Industri Energi
News

Statoil Losing $34 Million Per Day, Norwegian Offshore Workers Continue Strike

STOCKHOLM–Offshore workers in Norway, western Europe’s largest oil producer and exporter, Tuesday decided not to step up a strike that has already

July 3, 2012
Total Views: 39

BW Denise
News

Great Eastern Shipping Adds a Very Large Gas Carrier to their Fleet

India’s Great Eastern Shipping Company Limited has signed a contract today to buy a Very Large Gas Carrier (VLGC) of about 49,700 dwt (75,000 cbm). The

July 3, 2012
Total Views: 105

edith maersk
News

Greek Shipowner Goes All In, Places $1.2 Billion Containership Newbuild Order

In their Q1 report, Maersk Line reported a 9 percent decline in freight rates along with a 31 percent increase in bunker rates.  This added up to a billion

July 3, 2012
Total Views: 69

Monday, July 2, 2012
us department of defense
News

Wicked Payday for American Shipping Companies

Maersk Line Limited, and 10 other US-based shipping companies were awarded nearly $5.9 billion in contracts today by the US Department of Transportation for

July 2, 2012
Total Views: 50

mv dione panamax bulk carrier diana shipping
News

Diana Shipping Signs Two-Year Charter Contract for Panamax Bulk Carrier

ATHENS, GREECE – International dry bulk shipping company, Diana Shipping Inc. (NYSE: DSX), announced today that it has entered into a time charter

July 2, 2012
Total Views: 81

FPSO Petróleo Nautipa
News

FPSO Petróleo Nautipa Receives Contract Extension Offshore Gabon

BW Offshore and Fred Olsen Production have signed a contract with Vaalco Energy for a five year extension for the lease and operation of the FPSO Petróleo

July 2, 2012
Total Views: 53

far scotsman farstad stx osv langsten
News

Destined for the North Sea Market. STX OSV Delivers the Far Scotsman

Originally ordered in November 2010, the STX OSV Langstan-built Far Scotsman (STX PSV08 CD) was delivered today to Farstad Shipping Limited and is slated to

July 2, 2012
Total Views: 35

COSCO Zhoushan Shipyard Delivers New Bulk Carrier
News

COSCO Zhoushan Shipyard Delivers New Bulk Carrier

COSCO Corporation (Singapore) Limited announced today that COSCO Zhoushan Shipyard Co., a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co.,

July 2, 2012
Total Views: 85

mv clipper glory
News

Seanergy Bulker Receives New Time Charter

ATHENS – Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today that they have entered into new time charter agreement for one of their

July 2, 2012
Total Views: 39

Dockwise Takes Another Bite out of Fairstar, Increases Shareholdings to 80.4%
Finance

Dockwise Takes Another Bite out of Fairstar, Increases Shareholdings to 80.4%

Breda, the Netherlands, Dockwise announced today that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 80.4% of the

July 2, 2012
Total Views: 42