News

The latest maritime and offshore news.


Thursday, November 1, 2012
US Coast Guard Vice Admiral Robert C. Parker sandy new jersey
News

USCG: Getting the Port of New York and New Jersey Online “Is an All-Hands on Deck Evolution”

The United States Coast Guard’s Atlantic Area Commander, Vice Admiral Robert C. Parker and Rear Admiral Richard T. Gromlich, director of Operational

November 1, 2012
Total Views: 27

tilos bulk carrier goldenport
News

Tilos, a 21-Year Old Bulker, Sits Nervously in Alang After Being Sold Today

The Tilos‘ days are numbered following Goldenport Holdings Inc. (LSE: GPRT) announcement today that she has been sold and delivered to a third party

November 1, 2012
Total Views: 61

american phoenix product carrier
Multimedia

Sandy Causes Trouble for the Tanker Trade, CNBC Interviews Mid Ocean Tanker Company [VIDEO]

In the above video, Robert Kunkle, Technical Advisor at Mid Ocean Tanker Company (MOTC) talks with CNBC about the impact of Hurricane Sandy to the tanker trade

November 1, 2012
Total Views: 42

bourbon liberty 249
News

Kidnapped Crew of the Bourbon Liberty 249 Released

After spending two weeks in uncertain conditions somewhere in Nigeria, the 7-person crew of the Bourbon Liberty have been released by their captors.  The 7

November 1, 2012
Total Views: 131

maersk misumi
News

While Product Tankers Idle Off New York, European Demand Lifts Rates by 18 Percent

(Bloomberg) — Rates for tankers hauling refined fuels jumped to more than a six-month high as superstorm Sandy disrupted shipping schedules, according to

November 1, 2012
Total Views: 27

Wednesday, October 31, 2012
port of newark peter tirschwell
News

Merchant Ships Anchor Offshore as the East Coast’s Biggest Port Recovers

The Port of New York and New Jersey is one of the busiest ports in the world and thus a major commercial artery for global commerce. In 2011, the

October 31, 2012
Total Views: 172

Search Continues for Missing Bounty Captain
News

Search Continues for Missing Bounty Captain

PORTSMOUTH, Va. — The Coast Guard continues its search Wednesday for the missing captain of the HMS Bounty approximately 145 miles southeast of

October 31, 2012
Total Views: 38

US Navy Sends Three Ships to Assist Sandy Recovery – UPDATE
Navy

US Navy Sends Three Ships to Assist Sandy Recovery – UPDATE

Update: It appears that earlier reports saying that the US Navy was in the process of mobilizing as many as 3 ships to assist with rescue and recovery

October 31, 2012
Total Views: 24

bet intruder
News

Seanergy’s Fleet Continues to Dwindle with Sale of Panamax Bulk Carrier

In a move to reduce the company’s debt, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today they have sold one of their 69,235 dwt Panamax

October 31, 2012
Total Views: 50

saigon queen cargo ship
Incidents

Cargo Ship Saigon Queen Sinks Off Sri Lanka, 4 Crew Missing

Tragic news today out of the Bay of Bengal when a Vietnamese cargo ship, Saigon Queen, sank off Sri Lanka.  The Vietnam Maritime Search and Rescue

October 31, 2012
Total Views: 152

Moss Maritime CS 60 E design fred olsen
News

Dolphin Drilling Gains Long Term Contract for the Bollsta Dolphin Newbuild

Still under construction at Hyundai Heavy Industries, the semi-submersible drilling rig which will eventually be named the Bollsta Dolphin, has just been

October 31, 2012
Total Views: 128

Compania Sud Americana de Vapores SA csav
Finance

CSAV Earns First Quarterly Profit Since 2010

Chilean shipper Compania Sud Americana de Vapores SA (VAPORES.SN) posted a quarterly profit for the first time in two years. The company reported a net

October 31, 2012
Total Views: 55

cscl jupiter containership
News

China Shipping Container Lines Squeaks Out a Respectable Profit While Competitors Eat Losses

(Bloomberg) — China Shipping Container Lines Co., the nation’s second cargo-box carrier, rose the most in more than four months in Hong Kong

October 31, 2012
Total Views: 131

baltic dry index
Finance

Tokyo-Based Shipping Companies Hit Hard, MOL Predicts Loss of 24 Billion Yen

(Bloomberg) — Nippon Yusen K.K., Japan’s biggest shipping line, lowered its annual profit forecast and Mitsui O.S.K. Lines Ltd. predicted a loss as

October 31, 2012
Total Views: 87

Tuesday, October 30, 2012
Tall Ships America Issues Statement on HMS Bounty Tragedy
News

Tall Ships America Issues Statement on HMS Bounty Tragedy

The non-profit maritime heritage organization Tall Ships America, of which the HMS Bounty was a member, released a statement on Tuesday expressing its

October 30, 2012
Total Views: 79

captain keith schultz
News

A Day in the Life of Keith Schultz, Captain of Helix ESG’s Q4000 Well Intervention Rig

Captain Keith Schultz wakes up every morning on board the Q4000 with a long day ahead of him. Much more than just sailing the vessel safely throughout the

October 30, 2012
Total Views: 251

UPDATED: US Coast Guard Helicopter Crews Save 14 of Bounty’s Crew [RESCUE VIDEO/INTERVIEW]
Incidents

UPDATED: US Coast Guard Helicopter Crews Save 14 of Bounty’s Crew [RESCUE VIDEO/INTERVIEW]

United States Coast Guard helicopter crews rescued 14 sailors from two life rafts after the 3-masted ship Bounty foundered in the storm-tossed Atlantic Ocean

October 30, 2012
Total Views: 162

Sandy Tuesday Morning Update
News

Sandy Tuesday Morning Update

(Bloomberg) — Sandy, the Atlantic Ocean superstorm, slammed into New Jersey yesterday, plunging millions into darkness, blacking out much of Manhattan

October 30, 2012
Total Views: 41

china cosco
Finance

China COSCO Reports $243 Million Quarterly Loss, Still it’s Better than Last Year

SHANGHAI–China Cosco Holdings Co. (1919.HK), the country’s largest shipping company by fleet size, said Tuesday its third-quarter net loss narrowed

October 30, 2012
Total Views: 88

uscg cutter gallatin
Incidents

US Coast Guard Continues Search for the Captain of the Bounty, Search Area Expands Exponentially

The United States Coast Guard continues its search today for Captain Robin Walbridge, the missing captain of the HMS Bounty, a 180-foot sailboat which sank

October 30, 2012
Total Views: 292