News

The latest maritime and offshore news.


Thursday, August 18, 2011
Volvo Ocean Race organizers cancel plan to race off the coast of Somalia
Blog

Volvo Ocean Race organizers cancel plan to race off the coast of Somalia

[youtube width=”600″ height=”506″]http://www.youtube.com/watch?v=kO073dcrcy4 Go figure… I can’t imagine the decision to

August 18, 2011
Total Views: 34

indian ocean piracy
Incidents

Weekly Piracy and Maritime Crime Summary – Week of 11 August

Global Summary of Piracy and Maritime Crime – Week of 11 August 2011 (Source: ONI) NIGERIA: Unidentified gunmen exploded a bomb on 11 August at 0240 LT

August 18, 2011
Total Views: 39

Wednesday, August 17, 2011
Elly Maersk Line shipping containership
News

MAERSK: Deteriorating global economy putting pressure on shipping industry

Image courtesy Maersk By Flemming Emil Hansen, Dow Jones & Co COPENHAGEN—Shipping and oil company A.P. Moller-Maersk A/S warned Wednesday that new

August 17, 2011
Total Views: 74

Marshall Islands Releases DEEPWATER HORIZON Marine Casualty Report [EXECUTIVE SUMMARY]
News

Marshall Islands Releases DEEPWATER HORIZON Marine Casualty Report [EXECUTIVE SUMMARY]

The Republic of the Marshall Islands (RMI) Maritime Administrator has today released the DEEPWATER HORIZON Marine Casualty Investigation Report (RMI

August 17, 2011
Total Views: 121

Tuesday, August 16, 2011
Frontline titan orion vlcc oil tanker ship
Finance

ASIA TANKER: VLCCs Hurt By Oversupply

Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude tanker market may stay depressed by heavy supply as September booking begins, but

August 16, 2011
Total Views: 204

Monday, August 15, 2011
Aker-Spitsbergen_oil-rig
News

Transocean to Buy Norwegian Firm Aker Drilling

By Katarina Gustafsson Aiming to supplement its fleet in the arctic, American drilling giant Transocean Ltd. said it plans to acquire Norwegian drilling-rig

August 15, 2011
Total Views: 146

HMS Monmouth Royal Navy mini gun MV Caravos Horizon
Defense

HMS Monmouth and Royal Marines Thwart Pirate Attack

Royal Marine Commandos board a merchant ship which had been attacked in the Red Sea. (ROYAL NAVY) In the fading light of an August afternoon, the specialist

August 15, 2011
Total Views: 136

Sunday, August 14, 2011
Dongfang Shipbuilding
Engineering News

Chinese Shipbuilder to list on London Market

LONDON (Dow Jones)–Chinese shipbuilder and shipping firm Dongfang Shipbuilding Co. expects its upcoming listing on London’s Alternative

August 14, 2011
Total Views: 56

Pipavav shipyard
Engineering News

Indian Naval Shipbuilder Plans Overseas Listing

MUMBAI (Dow Jones)–Indian shipbuilder and defense contractor Pipavav Shipyard Ltd. (533107.BY) Saturday said it is considering an overseas listing of

August 14, 2011
Total Views: 104

Friday, August 12, 2011
Gannet-Alpha-drilling-platform
Incidents

Shell Fighting Oil Spill At North Sea Platform

Image by Oilrigphotos LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA, RDSA.LN, RDSB, RDSB.LN) said Friday an oil spill has occurred at its Gannet Alpha

August 12, 2011
Total Views: 161

KM_Kpos_ Dynamic Positioning ( DP ) Classroom
News

Maritime Union Expands into Drilling Industry: AMO now offers Dynamic Positioning Training

American Maritime Officers’ (AMO) union training facility, the STAR Center, has announced it will be expanding it’s simulation training

August 12, 2011
Total Views: 38

furgro-drillers watching sunset
Finance

FUGRO: Lack of activity in Gulf of Mexico putting pressure on margins

AMSTERDAM (Dow Jones)–Dutch oil and gas-services provider Fugro NV (FUR.AE) Friday warned that current economic uncertainty is causing delays in the

August 12, 2011
Total Views: 28

shipyard-waterfront-with-cranes
Engineering News

Largest US military shipbuilder reports 2Q profit

(Dow Jones) Huntington Ingalls Industries Inc. (HII) swung to a smaller-than-expected second-quarter profit as lower volume hurt sales. The country’s

August 12, 2011
Total Views: 47

Thursday, August 11, 2011
greta-ship-pirates-chart-yemen
Incidents

Weekly Piracy and Maritime Crime Report – Week of 4 August 2011

Worldwide Summary of Piracy and Maritime Crime – Week of 4 August (Source: ONI) GULF OF ADEN: A general cargo ship (GRETA) was fired upon by one 12-meter

August 11, 2011
Total Views: 34

b9-shipping-sail-powered-ship small
Multimedia

Square riggers are back!!! A sail powered container ship for the 21st century

The age of sail may be getting a new beginning… and we couldn’t be more excited about the idea. Imagine being off Ambrose Light and witnessing a

August 11, 2011
Total Views: 186

Teekay_Shipping Logo
Finance

Teekay Narrows 2Q Loss On Lighter Derivative Impact

(Dow Jones) Teekay Corp.’s (TK) second-quarter loss narrowed as the tanker-ship company posted a slimmer loss on derivative instruments than the

August 11, 2011
Total Views: 39

Wednesday, August 10, 2011
noble drilling company
Finance

Noble Rises in Rank [INVESTORS ANALYSIS]

Noble Corp. (NE: NYSE) By Global Hunter Securities ($29.33, Aug. 9, 2011) Off 41% from its recent high as of Monday’s close and the worst performer in

August 10, 2011
Total Views: 27

hyundai merchant marine
Engineering News

Hyundai Merchant Marine to buy 5 container ships worth $643M

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s No. 2 shipping company by revenue, said Wednesday it will invest KRW695

August 10, 2011
Total Views: 48

Atlantic Pioneer crude oil tanker
News

ASIA TANKER: VLCCs Lowest Since Early February, But May Recover

SINGAPORE (Dow Jones)–Asia’s crude tanker market may bottom out in the coming week, with charterers rushing to fix cargoes before the completion of

August 10, 2011
Total Views: 62

British Shipping Chamber
News

UK Shipping Industry Rejects EU Carbon Scheme

LONDON (Dow Jones)–The U.K. shipping industry has rejected the European Union’s emissions trading scheme, defying calls for shipping to be included

August 10, 2011
Total Views: 21