News

The latest maritime and offshore news.


Friday, January 17, 2014
LNG ship
Shipping News

LNG ASIA: Traders Forecast Spot-Price Gains as Buying Increases

North Asia’s March spot prices for liquefied natural gas will probably gain next week on more buying from Asia and Latin America, according to three of six

January 17, 2014
Total Views: 24

Thursday, January 16, 2014
VIDEO: IMB Director Discusses Worldwide Piracy Decline, Current Threats
News

VIDEO: IMB Director Discusses Worldwide Piracy Decline, Current Threats

In this video Pottengal? Mukundan, director of the ICC International Maritime Bureau, discusses the latest findings from the just-released IMB annual global

January 16, 2014
Total Views: 25

U.S. Navy’s First JHSV Departs on Maiden Deployment
News

U.S. Navy’s First JHSV Departs on Maiden Deployment

The U.S. Navy's first joint high-speed vessel departed Joint Expeditionary Base Little Creek-Ft. Story in Virginia Thursday on its maiden deployment to the

January 16, 2014
Total Views: 43

Second Tug Sinks Off New York’s Atlantic Beach
News

Second Tug Sinks Off New York’s Atlantic Beach

A crewmember sustained serious injuries Wednesday after a 38-foot tugboat capsized and sank after taking on water approximately three miles south of Atlantic

January 16, 2014
Total Views: 133

cosco
Finance

China COSCO Says It Probably Returned To Profit In 2013, Avoiding Delisting

China COSCO Holdings, China's largest bulk shipping company, said on Thursday that it would have returned to profit in 2013, avoiding a possible delisting

January 16, 2014
Total Views: 28

winna wilson atb kirby signal international
News

Kirby to Order New ATB

Kirby Corporation (NYSE:KEX) announced plans to build a 185,000 barrel/10,000 hp Articulated Tug and Barge (ATB) unit for a total cost of between $75 and $80

January 16, 2014
Total Views: 187

japan P&I club
News

Japan P&I Club to Resume Ship Insurance For Iranian Oil Imports

TOKYO, Jan 16 (Reuters) – Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief

January 16, 2014
Total Views: 141

Israel Corp To Lose Control Of Zim Shipping In Debt Deal
News

Israel Corp To Lose Control Of Zim Shipping In Debt Deal

The Israel Corp holding company is set to lose control of shipping company Zim under the terms of a bailout agreement being negotiated with Zim's creditors,

January 16, 2014
Total Views: 88

Pentagon to Cut U.S. Navy Littoral Combat Ship Order by 20
News

Pentagon to Cut U.S. Navy Littoral Combat Ship Order by 20

The Pentagon has given the U.S. Navy preliminary instructions to buy 32 of its troubled Littoral Combat Ships instead of the 52 previously planned, according

January 16, 2014
Total Views: 41

Wednesday, January 15, 2014
Methane Jane Elizabeth
News

GasLog to Acquire Trio of Samsung-Built LNG Carriers

GasLog Ltd. (NYSE:GLOG) announced an agreement has been reached today with BG Group affiiate, Methane Services Ltd. (MSL), to purchase three of MSL’s LNG

January 15, 2014
Total Views: 74

Fishing Vessel Rescues Ejected Fighter Pilot Off Virginia Beach
Navy

Fishing Vessel Rescues Ejected Fighter Pilot Off Virginia Beach

A U.S. Navy pilot was safely recovered from the Atlantic Ocean today after the F/A-18E Super Hornet he was flying crashed approximately 45 miles off the

January 15, 2014
Total Views: 29

Photos and Video Show Sinking of North Sea Wind Farm Service Vessel
Interesting

Photos and Video Show Sinking of North Sea Wind Farm Service Vessel

A volunteer lifeboat crew with the Royal National Lifeboat Institution were called out Tuesday to assist in the rescue of three crewmembers from a burning

January 15, 2014
Total Views: 137

‘Polar Onyx’ X-Bow OCV Has Left the Building [TIME LAPSE]
Blog

‘Polar Onyx’ X-Bow OCV Has Left the Building [TIME LAPSE]

Here is a timelapse video showing the recent launch of the SX121 design ‘Polar Onyx’ Offshore Construction Vessel (OSV) at the Ulstein Verft

January 15, 2014
Total Views: 111

Worldwide Piracy Incidents at Six-Year Low on Somali Pirate Crackdown
Interesting

Worldwide Piracy Incidents at Six-Year Low on Somali Pirate Crackdown

Piracy at sea has reached its lowest levels in six years, with 264 attacks recorded worldwide in 2013, a 40% drop since Somali piracy peaked in 2011, the

January 15, 2014
Total Views: 55

cajun express drilling rig
News

Cairn Energy Focuses on the Atlantic Margin

For the forseeable future, Cairn Energy is a company focused on the Atlantic Margin according to CEO Simon Thomson.  This is an area that includes the mostly

January 15, 2014
Total Views: 111

bulk carrier capesize
News

Baltic Index Marks First Gain of 2014

he Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Wednesday, marking its first gain this year,

January 15, 2014
Total Views: 57

cimc raffles shipyard china
News

More Drilling Rig Orders for CIMC Raffles

Yantai CIMC Raffles appears to be making the offshore energy market a prime focus going forward.  Last month, the Chinese shipbuilder acquired a 90 percent

January 15, 2014
Total Views: 161

Tuesday, January 14, 2014
Tug Sinks After Separating from Barge Off New York
Interesting

Tug Sinks After Separating from Barge Off New York

A 26-foot tugboat sank off the coast of Atlantic Beach, New York Monday night after separating from the barge it was

January 14, 2014
Total Views: 104

Nong Yao field mubadala
News

Nippon Steel Wins Offshore Engineering Contract in Gulf of Thailand

Southeast Asia-based upstream energy firm, KrisEnergy Ltd, has announced today the Engineering, Procurement, Construction, Installation and Commissioning

January 14, 2014
Total Views: 173

Brittany Ferries Orders New Gas Powered Flagship
News

Brittany Ferries Orders New Gas Powered Flagship

Brittany Ferries announced Tuesday that it placed an order for a LNG-powered cruise-ferry to replace the company's current flagship,

January 14, 2014
Total Views: 68