News

The latest maritime and offshore news.


Friday, November 9, 2018
Tall Ship Christian Radich Completes Dry Dock Work at Damen Shiprepair Harlingen
Shipping News

Tall Ship Christian Radich Completes Dry Dock Work at Damen Shiprepair Harlingen

The fully-rigged sailing ship Christian Radich has left Damen Shiprepair Harlingen (DSH) in the Netherlands after undergoing five weeks of repairs and

November 9, 2018
Total Views: 232

KNM Helge Ingstad sinking
Interesting

Video: AIS Animation Shows Collision Between Oil Tanker and Norwegian Frigate

Check out this an AIS animation below showing Thursday’s collision between an oil tanker and a Norwegian frigate taking place in the Hjeltefjorden fjord

November 9, 2018
Total Views: 401

lng carrier
Shipping News

How Toshiba Lost $806 Million Buying Into America’s LNG Boom

By Dan Murtaugh, Stephen Stapczynski and Aibing Guo (Bloomberg) — Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp. planned

November 9, 2018
Total Views: 23

shipping containers
Shipping News

Blockchain in Shipping: Is It Here to Stay?

“Blockchain” is now a familiar word, even if a large portion of us in the shipping industry are not actually using such technology yet. But, is

November 9, 2018
Total Views: 86

Thursday, November 8, 2018
duck boat tragedy
Interesting

Captain of Deadly Missouri Duck Boat Charged in Federal Court

Nov 8 (Reuters) – The captain of the World War Two-style tourist “duck boat” that sank on a Missouri lake during a storm in July, killing 17

November 8, 2018
Total Views: 74

crist shipyard
Shipbuilding

North Korean Worker Accuses Dutch Shipbuilder of ‘Slave-Like Conditions’

By Kieran Guilbert and Magdalena Mis LONDON, Nov 8 (Thomson Reuters Foundation) – A North Korean labourer has filed a landmark criminal complaint

November 8, 2018
Total Views: 97

fishermen rescued uk
Accidents

Caught on Video: HM Coastguard Rescues Fishermen from Capsized Vessel in English Channel

Four fisherman have been rescued after their fishing vessel capsized in the English Channel approximately 14 nautical miles south of Eastbourne, England on

November 8, 2018
Total Views: 111

hapag-lloyd ship
Shipping News

Hapag-Lloyd Optimistic for Full Year as Operating Profit Rises

By Vera Eckert FRANKFURT, Nov 8 (Reuters) – German shipping group Hapag-Lloyd expects an increase in transport volumes to last for the remainder of 2018

November 8, 2018
Total Views: 49

Wednesday, November 7, 2018
tankers at anchor
Shipping News

Saras Invests in Mediterranean LSFO Bunkering Terminal Ahead of IMO Switch

By Ron Bousso LONDON, Nov 7 (Reuters) – Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new,

November 7, 2018
Total Views: 35

uss cole
Shipping News

Supreme Court Divided Over USS Cole Bombing Lawsuit Against Sudan

By Andrew Chung WASHINGTON, Nov 7 (Reuters) – U.S. Supreme Court justices appeared divided on Wednesday as they weighed an effort by Sudan, backed

November 7, 2018
Total Views: 17

shipping container port
Shipping News

Industry Questions New Box Ship Blockchain Network

By Alex Lennane (The Loadstar) – Tuesday’s announcement that five shipping lines and four terminal operators are to form a consortium to develop a

November 7, 2018
Total Views: 78

Wallenius Wilhelmsen ro-ro ship
Shipping News

Wallenius Wilhelmsen Earnings Hit by Rising Bunker Costs, Low Rates

Rising bunker prices and low shipping rates negatively impacted Wallenius Wilhelmsen’s earnings in the third quarter. The Norwegian shipping group

November 7, 2018
Total Views: 38

bulk ship
Shipping News

Derailed Train Expected to Impact Australian Iron Ore Exports

By Melanie Burton MELBOURNE, Nov 7 (Reuters) – Mining giant BHP Billiton expects some interruption to its Australian iron ore exports after a nearly

November 7, 2018
Total Views: 52

Stock photo shows an oil tanker at a terminal
Shipping News

Saudi Tanker Company Bahri Targets Acquisitions in Asia, Middle East

By Marwa Rashad RIYADH, Nov 7 (Reuters) – Saudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper

November 7, 2018
Total Views: 39

blockchain technology in shipping
Shipping News

U.S. Maritime Industry Not Prepared for Future Cyber Attacks, Survey Shows

The U.S. maritime industry as a whole is not prepared to respond to today’s cyber threats, putting it at severe risk of being targeted, according to a

November 7, 2018
Total Views: 46

Tuesday, November 6, 2018
oil tanker
News

Iran Oil Waivers: How Buyers Are Lining Up After U.S. Exemptions

By Heesu Lee and Debjit Chakraborty (Bloomberg) — Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions,

November 6, 2018
Total Views: 56

bunkering tanker
Shipping News

Leading Bunker Supplier Aegean Marine Files Chapter 11 Bankruptcy Amid Fraud Probe

Bunker supplier Aegean Marine Petroleum Network announced Tuesday that it and certain of its subsidiaries have filed for Chapter 11 bankruptcy in the U.S.

November 6, 2018
Total Views: 101

blue lng carrier at sea
Shipping News

LNG Shipping Rates Hit All-Time High Ahead of Winter Traffic

LONDON, Nov 6 (Reuters) – The cost of shipping liquefied natural gas (LNG) has hit $200,000 a day, exceeding a 2012 peak of $180,000 a day The headline

November 6, 2018
Total Views: 33

Video Shows Violent Mooring Line Break in Brazil
Shipping News

Video Shows Violent Mooring Line Break in Brazil

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November 6, 2018
Total Views: 1279

cma cgm container ship
Shipping News

CMA CGM Sticks to Controversial Bunker Surcharge, and Raises the Price

By Mike Wackett (The Loadstar) – CMA CGM Group, which includes ocean carrier APL, has raised its emergency bunker surcharge (EBS) to $100 per teu

November 6, 2018
Total Views: 74