News

The latest maritime and offshore news.


Wednesday, February 28, 2018
offshore oil platform in gulf of mexico
Shipping News

U.S. Interior Committee Votes for Lowering Federal Offshore Oil and Gas Royalties

By Valerie Volcovici WASHINGTON, Feb 28 (Reuters) – A U.S. Department of the Interior committee voted on Wednesday to recommend to Secretary Ryan Zinke

February 28, 2018
Total Views: 27

Savannah Harbor Deepening Reaches Halfway Point
News

Port of Savannah Harbor Deepening Project Reaches Halfway Point

The project to deepen the navigation channel leading to the Port of Savannah has reached its halfway point with the U.S. Army Corps of Engineers

February 28, 2018
Total Views: 42

Maldives Denies Link to North Korean Oil Transfer at Sea
News

Maldives Denies Link to North Korean Oil Transfer at Sea

COLOMBO, Feb 28 (Reuters) – Maldives on Wednesday denied a Japanese foreign ministry statement that said a Maldives-flagged vessel was used to illegally

February 28, 2018
Total Views: 33

sea faith
Shipping News

Tanker Operator Blames Captain for Dumping Crimes

The operator of a tanker busted for illegally dumping oily water and garbage waste at sea says the Master of the tanker “acted unilaterally” and

February 28, 2018
Total Views: 605

singapore express containership
Interesting

Port of Lisbon Pilot Dies in Disembarking Accident

A ship pilot at the Port of Lisbon in Portugal has died after falling into the water while disembarking from a containership early Wednesday morning. The

February 28, 2018
Total Views: 166

cargo ship at sea
Shipping News

State Owners Sell Germany’s HSH Nordbank, Once the World’s Largest Shipping Bank, to Buyout Groups

By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH

February 28, 2018
Total Views: 1318

Schlumberger’s Exit From Seismic Seen as a Problem for Oil Firms
News

Schlumberger’s Exit From Seismic Seen as a Problem for Oil Firms

OSLO, Feb 28 (Reuters) – The decision by Schlumberger , the world’s largest oil services firm, to exit the offshore seismic segment was a

February 28, 2018
Total Views: 48

hapag lloyd 2017 results
Shipping News

Hapag Lloyd Triples Operating Profit in 2017

FRANKFURT, Feb 28 (Reuters) – German container shipping firm Hapag-Lloyd on Wednesday reported its 2017 operating profit more than tripled, citing higher

February 28, 2018
Total Views: 29

Tuesday, February 27, 2018
North Korean Ships Change Names to Evade International Sanctions
Shipping News

North Korean Ships Change Names to Evade International Sanctions

By Kambiz Foroohar (Bloomberg) — As Washington and Seoul try to maintain a unified front against North Korea, the case of two cargo ships shows

February 27, 2018
Total Views: 208

auger tension leg platform
Shipping News

U.S. Democrats Warn Against Cut to Offshore Oil Royalties

By Valerie Volcovici WASHINGTON, Feb 27 (Reuters) – Top Democrats on the Senate and House natural resources committees urged the Interior Department on

February 27, 2018
Total Views: 20

sea faith
Interesting

Tanker Operator, Master Plead Guilty to Oil and Garbage Dumping Crimes in U.S.

An Athens-based tanker operator has been fined $2.25 million in the United States after pleading guilty to environmental crimes relating to the discharge of

February 27, 2018
Total Views: 102

MOL to Develop Northern Sea Route Shipping with Russia
News

MOL to Develop Northern Sea Route Shipping with Russia

Japanese shipping company Mitsui O.S.K. Lines has reached an agreement with the Russian government to help develop maritime shipping along the Northern Sea

February 27, 2018
Total Views: 96

aida cruises lng cruise ship
News

Carnival Returns to Meyer Werft for Third LNG-Powered Cruise Ship for AIDA

The world’s leading cruise company has ordered yet another LNG-powered cruise ship amid the accelerating demand for new capacity in the global cruise

February 27, 2018
Total Views: 101

hyundai containership
Shipping News

Loss-Making HMM Stays Bullish, But Its Goal of Becoming a Leading Carrier Seen as ‘Pipe Dream’

By Mike Wackett (The Loadstar) – Hyundai Merchant Marine’s long-term aspiration to become a “leading global carrier” with a market share of 5% is a

February 27, 2018
Total Views: 40

North Korea oil transfers at sea
News

Japan Suspects North Korea of Another Sanctions Breach at Sea

TOKYO, Feb 27 (Reuters) – Japan has discovered another North Korean tanker it suspects of transferring goods with a vessel in defiance of U.N. Security

February 27, 2018
Total Views: 58

Monday, February 26, 2018
Corinth Canal Greece
Shipping News

Famously Skinny Corinth Canal Shut Due to Rockfall

ATHENS, Feb 26 (Reuters) – Greece on Monday closed the Corinth canal after a rockfall that followed heavy rain, temporarily blocking a transit route used

February 26, 2018
Total Views: 286

TOTE Maritime Completes ‘Phase 1’ of Orca-class LNG Conversions
News

TOTE Maritime Completes ‘Phase 1’ of Orca-class LNG Conversions

TOTE Maritime’s Alaska shipping division has completed the first of four conversion periods for its two Orca class vessels as part of the project to

February 26, 2018
Total Views: 274

seadrill falls
News

Seadrill Reaches Joint Restructuring Deal with Creditors

By Nerijus Adomaitis and Tom Hals OSLO/WILMINGTON, Del., Feb 26 (Reuters) – Shipping tycoon John Fredriksen has reached an agreement with a majority

February 26, 2018
Total Views: 72

Bulk Carrier Towed to Seattle After Main Engine Explosion
News

Bulk Carrier Towed to Seattle After Main Engine Explosion

A 653-foot bulk carrier was towed to Seattle, Washington on Saturday after a minor main engine explosion left the ship adrift with 21 crew members onboard. The

February 26, 2018
Total Views: 82

Canadian Navy Ship Spills Nearly 8,000 Gallons of Fuel Oil Into Strait of Georgia
Defense

Canadian Navy Ship Spills Nearly 8,000 Gallons of Fuel Oil Into Strait of Georgia

Canadian authorities are working to clean up nearly 8,000 gallons of marine fuel oil that was spilled from the Canadian navy ship HMCS Calgary in the Strait of

February 26, 2018
Total Views: 102