News

The latest maritime and offshore news.


Thursday, October 1, 2015
Hurricane Joaquin Strengthens But Threat to U.S. East Coast Reduced
Shipping News

Hurricane Joaquin Strengthens But Threat to U.S. East Coast Reduced

  By Neil Hartnell NASSAU, Oct 1 (Reuters) – Powerful Hurricane Joaquin, which battered the Bahamas with torrential rain, powerful winds and storm

October 1, 2015
Total Views: 41

tanker in storm
Shipping News

Senate Panel Passes Bill to Lift U.S. Crude Exports But Future Uncertain

  By Timothy Gardner WASHINGTON, Oct 1 (Reuters) – A bill to lift the 40-year-old ban on U.S. oil exports passed the Senate Banking Committee on

October 1, 2015
Total Views: 24

Aker Philadelphia Delivers First LNG-Ready Tanker to Crowley
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Aker Philadelphia Delivers First LNG-Ready Tanker to Crowley

  Jacksonville-based Crowley Maritime Corp. says it has taken delivery of its first LNG-ready Jones Act product tanker from Aker Philadelphia Shipyard

October 1, 2015
Total Views: 41

Nigeria’s Oil Exports Under Threat From Theft Crackdown
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Nigeria’s Oil Exports Under Threat From Theft Crackdown

  By Libby George LONDON (Reuters) – Nigeria’s latest effort to combat theft could imperil its oil income lifeline, compounding the damage the

October 1, 2015
Total Views: 61

China's first aircraft carrier seen in photo Credit: REUTERS/STRINGER
News

Satellite Images May Show China’s First Domestically Built Aircraft Carrier

  BEIJING, Oct 1 (Reuters) – New satellite images show China may be building its first indigenous aircraft carrier in the northeastern port of

October 1, 2015
Total Views: 82

Wednesday, September 30, 2015
Panama Canal Crack Fix Won’t Delay Expansion Opening, Contractor Says
Interesting

Panama Canal Crack Fix Won’t Delay Expansion Opening, Contractor Says

  The Panama Canal Authority (ACP) said Wednesday it has received a long-awaited and highly anticipated preliminary update from the contractor behind

September 30, 2015
Total Views: 119

IMO the Only Place for Global Debate on Shipping Emissions, Says IMO Secretary General
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IMO the Only Place for Global Debate on Shipping Emissions, Says IMO Secretary General

  International Maritime Organization Secretary General Koji Sekimizu has issued a strong call that any discussion on shipping’s contribution to global

September 30, 2015
Total Views: 45

Containerships in Lay-Up at Highest Level in 18 Months
News

Containerships in Lay-Up at Highest Level in 18 Months

  By Mike Wackett, The Loadstar Some 90,000 teu of cellular capacity was consigned to lay-up in the past two weeks, taking redundant tonnage to its

September 30, 2015
Total Views: 80

capesize bulk carrier
News

Weak Capesize Demand Drags Down Baltic Dry Index

  Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry-bulk commodities, fell on

September 30, 2015
Total Views: 34

Environmental Study Highlights ‘Risks and Uncertainties’ of Nicaragua canal
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Environmental Study Highlights ‘Risks and Uncertainties’ of Nicaragua canal

  MEXICO CITY, Sept 30 (Reuters) – Nicaragua’s planned $50 billion canal project is “fraught with risks and uncertainties,” and

September 30, 2015
Total Views: 106

Singapore Launches LNG Shipbuilding Fund
News

Singapore Launches LNG Shipbuilding Fund

  SINGAPORE, Sept 30 (Reuters) – Singapore has launched a S$12 million ($8.44 million) fund for companies to build vessels fuelled by liquefied

September 30, 2015
Total Views: 35

Incat Crowther to Design New Monohull Fast Ferry
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Incat Crowther to Design New Monohull Fast Ferry

Australia-based Incat Crowther says it has been hired by an undisclosed client based in Central America to design a monohull ferry capable of reaching speeds

September 30, 2015
Total Views: 398

Tuesday, September 29, 2015
Vard Books Topaz OSCVs for $100 Million
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Vard Books Topaz OSCVs for $100 Million

  Offshore shipbuilder VARD says it has lands new contracts for the design and construction of two offshore subsea construction vessels for

September 29, 2015
Total Views: 58

Ship Photos of the Day – MAN’s New Alpha Kappel Fixed Pitch Propeller
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Ship Photos of the Day – MAN’s New Alpha Kappel Fixed Pitch Propeller

The 58,500 DWT Supramax bulk carriers Elsabeth C and Mirela show off their shiny new MAN Alpha Kappel fixed pitch propellers, marking the first commercial

September 29, 2015
Total Views: 336

Alang Shipbreakers Awarded Hong Kong Convention Compliance
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Alang Shipbreakers Awarded Hong Kong Convention Compliance

  Two Alang ship recycling facilities have received Statements of Compliance (SoC) verifying that the facilities are in line with the Hong Kong

September 29, 2015
Total Views: 263

LNG Will Clash Costs for Box Ship Operators as ECAs Spread and Oil Price Rises Again
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LNG Will Clash Costs for Box Ship Operators as ECAs Spread and Oil Price Rises Again

  By Gavin van Marle, The Loadstar LNG-fuelled containerships could offer operators considerable cost savings when the price of traditional fuel rises

September 29, 2015
Total Views: 29

Bahamas-Flagged Bulk Carrier Detained in Tacoma Over Safety Issues
Shipping News

Bahamas-Flagged Bulk Carrier Detained in Tacoma Over Safety Issues

  A Bahamas-flagged bulk carrier remains in the Port of Tacoma after U.S. Coast Guard Port State Control inspectors found multiple safety deficiencies. A

September 29, 2015
Total Views: 54

Commodities in Crisis as Asian Shares Tumble and Shipper Files for Bankruptcy
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Commodities in Crisis as Asian Shares Tumble and Shipper Files for Bankruptcy

  By Henning Gloystein and Denny Thomas SINGAPORE/HONG KONG, Sept 29 (Reuters) – A Japanese shipper filed for bankruptcy on Tuesday and global

September 29, 2015
Total Views: 26

World’s Biggest Iron Ore Exporter Predicts Lower Prices on Glut
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World’s Biggest Iron Ore Exporter Predicts Lower Prices on Glut

  By Jasmine Ng (Bloomberg) — Iron ore will probably extend losses next year as global supplies increase and steel production in China shrinks

September 29, 2015
Total Views: 27

Japanese Dry Bulk Shipper Daiichi Chuo Files for Bankruptcy
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Japanese Dry Bulk Shipper Daiichi Chuo Files for Bankruptcy

  By Aaron Sheldrick and Keith Wallis TOKYO/SINGAPORE, Sept 29 (Reuters) – Japanese bulk carrier Daiichi Chuo Kisen Kaisha said on Tuesday it had

September 29, 2015
Total Views: 46