News

The latest maritime and offshore news.


Wednesday, August 19, 2015
Daewoo Shipbuilding & Marine Engineering Co.
News

DSME Shares Tank on Concern Liabilities Exceed Assets

  By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. fell to the lowest price in more than 13 years in Seoul trading on

August 19, 2015
Total Views: 23

Shipping TV Tour On Board a Seventy-Year-Old VIC Steamer – VIDEO
News

Shipping TV Tour On Board a Seventy-Year-Old VIC Steamer – VIDEO

Shipping TV’s Chris Gosling takes a tour aboard the 1945-built steam-driven Victualling Inshore Craft, VIC96, has a chat with her skipper and

August 19, 2015
Total Views: 120

Tuesday, August 18, 2015
WATCH: Tanker Maneuvering Into Port in Perfect Aerial Time-Lapse
Interesting

WATCH: Tanker Maneuvering Into Port in Perfect Aerial Time-Lapse

Check out this perfect aerial time-lapse of UK-flagged tanker Galway Fisher entering the Port of Galway, located on the central west coast of Ireland in Galway

August 18, 2015
Total Views: 804

Ship Photos of the Day – HMS Artful: Britain’s Most Powerful Attack Sub Put to Sea
News

Ship Photos of the Day – HMS Artful: Britain’s Most Powerful Attack Sub Put to Sea

The UK Royal Navy’s third Astute-class nuclear powered submarine HMS Artful departed the BAE Systems yard in Barrow-in-Furness this week for its maiden

August 18, 2015
Total Views: 317

MOL Second to Settle Car Carrier Price-Fixing Lawsuit
Shipping News

MOL Second to Settle Car Carrier Price-Fixing Lawsuit

Japanese shipping giant Mitsui O.S.K. Lines, also known as MOL, has settled a major class-action antitrust lawsuit filed by individual consumers and auto,

August 18, 2015
Total Views: 44

Expanded Panama Canal Meets Pacific Ocean – Photos and Video
News

Expanded Panama Canal Meets Pacific Ocean – Photos and Video

This video shows the process of removing the barrier separating the waters of the Pacific Ocean from the new Cocoli locks on the Pacific side of the Panama

August 18, 2015
Total Views: 129

Hillary Clinton: Arctic Drilling ‘Not Worth the Risk’
News

Hillary Clinton: Arctic Drilling ‘Not Worth the Risk’

  By Timothy Gardner and Amanda Becker Aug 18 (Reuters) – U.S. Democratic presidential candidate Hillary Clinton on Tuesday staked out her

August 18, 2015
Total Views: 23

Prosafe Books First Gig for New Accommodation Vessel
News

Prosafe Books First Gig for New Accommodation Vessel

  Semi-submersible accommodation vessel owner Prosafe says it has booked a $60 million contract for use of one of its newbuild vessels beginning in

August 18, 2015
Total Views: 175

DSME shipyard
Shipping News

DSME Execs Offer to Resign After Record Loss

  BY Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said 13 executives and advisers have offered to resign as the

August 18, 2015
Total Views: 24

‘Cool Pool’ – LNG Ship Owners Form First Vessel Pool
News

‘Cool Pool’ – LNG Ship Owners Form First Vessel Pool

  By Anna Shiryaevskaya (Bloomberg) — Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd. agreed to jointly market their liquefied natural gas tankers for

August 18, 2015
Total Views: 136

maersk triple-e
News

Maersk Line Plans Huge Freight Rate Hike on Key Asia-Europe Route

  COPENHAGEN, Aug 18 (Reuters) – The world’s largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on

August 18, 2015
Total Views: 39

Monday, August 17, 2015
Ship Photos of the Day – USNS Mercy Replenishment at Sea
News

Ship Photos of the Day – USNS Mercy Replenishment at Sea

The Japanese oiler JS Mashu in a replenishment at sea with the hospital ship USNS Mercy (T-AH 19) during Pacific Partnership 2015. Now in its 10th year,

August 17, 2015
Total Views: 77

Shell Arctic Drilling Receives U.S. Approval
News

Shell Arctic Drilling Receives U.S. Approval

  The U.S. Bureau of Safety and Environmental Enforcement has granted Shell its final approval to drill for oil and gas offshore Alaska in the arctic

August 17, 2015
Total Views: 38

Offshore oil and gas platform
Shipping News

Oil Just Fell to Its Six-Year Low

  By Mark Shenk (Bloomberg) — Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies

August 17, 2015
Total Views: 34

Petrobras 1000 drillship
Shipping News

Former Petrobras Exec Sentenced to 12 Years in Prison Over Samsung Drillship Bribe

  SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just

August 17, 2015
Total Views: 45

Port of Hamburg Slashes 2015 Volume Forecasts on China, Russia
News

Port of Hamburg Slashes 2015 Volume Forecasts on China, Russia

  HAMBURG, Aug 17 (Reuters) – The Port of Hamburg Marketing Association has slashed its forecast for container volumes at Hamburg’s port, a

August 17, 2015
Total Views: 44

queen mary 2
Interesting

Search Abandoned After Queen Mary 2 Crew Member Goes Overboard

  A search was launched and later suspended this weekend for a crewmember of Curnard’s Queen Mary 2 cruise liner who fell overboard

August 17, 2015
Total Views: 81

Drewry: COSCO, CSCL Merger Could Cause Chain Reaction in China
News

Drewry: COSCO, CSCL Merger Could Cause Chain Reaction in China

  By Drewry Shipping Consultants Having blocked the P3 Alliance on competition grounds, China could now merge China Cosco and CSCL and, as a result, cause

August 17, 2015
Total Views: 41

Tianjin Port Resumes Operations After Blasts
News

Tianjin Port Resumes Operations After Blasts

  SINGAPORE/SHANGHAI, Aug 17 (Reuters) – Many operations have resumed at China’s Tianjin port, trade sources said, after explosions last week

August 17, 2015
Total Views: 42

Sunday, August 16, 2015
WATCH: Norwegian Escape Float-Out at Meyer Werft
Interesting

WATCH: Norwegian Escape Float-Out at Meyer Werft

The Norwegian Escape was floated out of the covered building dock at the Meyer Werft shipyard in Papenburg, Germany on Saturday. The 164,600 gross ton cruise

August 16, 2015
Total Views: 799