News

The latest maritime and offshore news.


Wednesday, August 2, 2017
ocean infinity seabed constructor
News

US-Based Subsea Exploration Company Offers to Resume MH370 Search, Families Say

KUALA LUMPUR, Aug 2 (Reuters) – A U.S. seabed exploration firm has offered to take on the search for Malaysia Airlines Flight MH370, families of

August 2, 2017
Total Views: 76

containerships
Shipping News

Overcapacity Returns to Haunt Liner Shipping as Newbuilds Queue Up

By Mike Wackett (The Loadstar) – The spectre of overcapacity is clouding recent analyst optimism that ocean carriers could be heading for a period of

August 2, 2017
Total Views: 49

lng carrier
News

For LNG Exporters, Is Smaller Better?

By Naureen S. Malik (Bloomberg) — The failure of a $27 billion project last week may offer a lesson to natural gas exporters: Go small or go home. With

August 2, 2017
Total Views: 65

Italy Seizes NGO Rescue Boat in Lampedusa
Shipping News

Italy Seizes NGO Rescue Boat in Lampedusa

By Wladimiro Pantaleone PALERMO, Italy, Aug 2 (Reuters) – Italian coastguards seized a migrant rescue boat operated by a German aid group in the

August 2, 2017
Total Views: 87

oil tanker
News

Global Trade Recovery Lifts Diesel Demand

By John Kemp LONDON, Aug 2 (Reuters) – World trade is growing again which will give a big boost to middle distillates such as diesel used in the

August 2, 2017
Total Views: 26

Tuesday, August 1, 2017
aframax river imo bravery award
Interesting

Two Houston Ship Pilots to Receive IMO’s ‘Exceptional Bravery at Sea’ Award

The International Maritime Organization has awarded the 2017 IMO Award for Exceptional Bravery at Sea to two Houston ship pilots for their role in preventing a

August 1, 2017
Total Views: 246

Ice-Class LNG Carrier ‘Christophe de Margerie’ Starts Maiden Voyage Through Northern Sea Route
News

Ice-Class LNG Carrier ‘Christophe de Margerie’ Starts Maiden Voyage Through Northern Sea Route

The ice-class LNG carrier Christophe de Margerie has entered the Arctic’s Kara Sea marking the official start of its maiden voyage through the Northern

August 1, 2017
Total Views: 260

News

Dunlap Towing Selects Inmarsat’s Fleet One to Provide Coverage on Remote Pacific Northwest and Bering Sea Routes

Inmarsat, the mobile satellite communications company, has partnered with Network Innovations, satellite communications provider and Dunlap Towing, maritime

August 1, 2017
Total Views: 41

USCG--Commandant-Adm-Paul-Zukunft 2
Interesting

Coast Guard Commandant ‘Will Not Break Faith’ on Commitment to Transgender Service Members

The Commandant of the United States Coast Guard, Admiral Paul Zukunft, says he remains committed to supporting the small number of openly transgender members

August 1, 2017
Total Views: 104

France, Italy Want Solution for STX Shipyard by End September
News

France, Italy Want Solution for STX Shipyard by End September

By Gwénaëlle Barzic and Giulia Segreti ROME/MILAN, Aug 1 (Reuters) – France and Italy want to find a solution for Italian shipbuilder

August 1, 2017
Total Views: 52

Russia in Talks to Privatize Sovcomflot, Its Largest Shipping Company -Report
News

Russia in Talks to Privatize Sovcomflot, Its Largest Shipping Company -Report

MOSCOW, Aug 1 (Reuters) – Russia is in talks with Asian investors on the privatisation of state shipping company Sovcomflot, the RIA news agency cited

August 1, 2017
Total Views: 44

Power Barge Corporation Announces New Medium Speed Engine Power Barge Design
News

Power Barge Corporation Announces New Medium Speed Engine Power Barge Design

Dave Nickerson, President of Power Barge Corporation (PBC) announces the American Bureau of Shipping (ABS) Approval In Principle from ABS New Orleans for a new

August 1, 2017
Total Views: 347

Monday, July 31, 2017
Panama Canal Wins Arbitration Over $193 Million in Expansion Project Overruns
News

Panama Canal Wins Arbitration Over $193 Million in Expansion Project Overruns

PANAMA CITY, July 31 (Reuters) – The head of the Panama Canal Authority said on Monday a Miami-based arbitration board rejected a demand by Spanish-led

July 31, 2017
Total Views: 126

right whale
News

High Number of Deaths Among North Atlantic Right Whales Puzzles Scientists

TORONTO, July 31 (Reuters) – North American conservationists are scrambling to find out why North Atlantic right whales are dying in unprecedented

July 31, 2017
Total Views: 20

cargo ships at anchor in Rio de Janeiro, Brazil.
News

Brazil Ends Decades-Old Maritime Transport Pact with Chile

BRASILIA, July 31 (Reuters) – The cost of shipping goods between Brazil and Chile is expected to fall by about 5 percent with the 2020 expiry of a pact

July 31, 2017
Total Views: 88

tidewater guidery tide ahts
Interesting

Tidewater Emerges from Chapter 11 Bankruptcy

New Orleans-based oil services company Tidewater Inc. emerged from Chapter 11 bankruptcy on Monday after completing a financial restructuring that eliminated

July 31, 2017
Total Views: 169

Number of UK Maritime Accidents Up Slightly in 2016, MAIB Report Shows
News

Number of UK Maritime Accidents Up Slightly in 2016, MAIB Report Shows

The UK Marine Accident Investigation Branch (MAIB) has published its Annual Report detailing the Branch’s activities during 2016, revealing a slight

July 31, 2017
Total Views: 77

What’s Left of Noble Group as Trader Retreats to Its Asian Roots
Shipping News

What’s Left of Noble Group as Trader Retreats to Its Asian Roots

By Jasmine Ng (Bloomberg) — It’s the end of an era for Noble Group Ltd. Some three decades after its founding, and from a perch among the

July 31, 2017
Total Views: 125

mol containership
News

Japanese Carriers Swing to Profit on Growth in Trade, Pick-up in Freight Rates

TOKYO, July 31 (Reuters) – Japan’s big three shippers on Monday reported profits for the first quarter, bouncing back from losses a year earlier

July 31, 2017
Total Views: 58

A wooden plaque is seen on a wall at The Baltic Exchange in the City of London
News

London’s Baltic Exchange to Close Ship Futures Platform Baltex

LONDON, July 31 (Reuters) – The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year after a review, the London-run

July 31, 2017
Total Views: 46