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Friday, September 2, 2011
LaHood names new members of Maritime Industry Advisory Panel
Uncategorized

LaHood names new members of Maritime Industry Advisory Panel

U.S. Secretary of Transportation Ray LaHood has announced the appointment of 29 members to the new Marine Transportation System National Advisory Council

September 2, 2011
Total Views: 36

Halliburton Sues BP Over False Information, Defamation
Offshore

Halliburton Sues BP Over False Information, Defamation

Halliburton Co. (HAL) yesterday filed a lawsuit against BP PLC in Texas state court claiming negligent misrepresentation, business disparagement and defamation

September 2, 2011
Total Views: 50

Thursday, September 1, 2011
Noble orders its fourth ultra-deepwater drillship this year
Offshore

Noble orders its fourth ultra-deepwater drillship this year

Noble Corporation said today that it has exercised its option with Hyundai Heavy Industries for the construction of an additional ultra-deepwater drillship,

September 1, 2011
Total Views: 78

Weekly Maritime Crime and Piracy Report – Week Ending Aug. 31
Piracy

Weekly Maritime Crime and Piracy Report – Week Ending Aug. 31

Summaries of worldwide maritime crime developments and incidents that occurred in week ending August 31 – Via Maritime OPINTEL Report NIGERIA: Passenger

September 1, 2011
Total Views: 32

Wednesday, August 31, 2011
Lloyd’s List – ‘Piracy and the armed deterrent’
News

Lloyd’s List – ‘Piracy and the armed deterrent’

One of the arguments made against arming merchant ships as defense against pirates is the claimed threat that doing so will merely escalate the violence

August 31, 2011
Total Views: 73

Tuesday, August 30, 2011
Sorry BP:  ExxonMobil scores multibillion-dollar Arctic oil deal with Russia
Offshore

Sorry BP: ExxonMobil scores multibillion-dollar Arctic oil deal with Russia

ExxonMobil Corp. and OAO Rosneft, the state-controlled Russian oil giant, reached a sweeping strategic alliance Tuesday that will give the U.S. titan access to

August 30, 2011
Total Views: 90

Drewry: Commodity prices are putting a serious squeeze on ship owners [REPORT]
Uncategorized

Drewry: Commodity prices are putting a serious squeeze on ship owners [REPORT]

London, UK, 19 August – If it wasn’t bad enough that demand in the shipping markets has not recovered, commodity price rises have put more than a

August 30, 2011
Total Views: 56

Monday, August 29, 2011
Maersk Goes Bananas
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Maersk Goes Bananas

Who knew bananas were such a hot item in Europe? Today, Maersk Line announced a weekly liner service linking Ecuador with Spain, Turkey and the Black Sea. 

August 29, 2011
Total Views: 54

Thursday, August 25, 2011
Offshore industry contractor orders world’s largest hammer
Offshore

Offshore industry contractor orders world’s largest hammer

Heerema Marine Contractors (HMC) has a reputation for going big, and today, the company is living up to that hype, announcing an order for the world’s

August 25, 2011
Total Views: 384

Wednesday, August 24, 2011
Giant Icebreaker – Hyundai Heavy testing 190,000 DWT ice-breaking ore carrier
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Giant Icebreaker – Hyundai Heavy testing 190,000 DWT ice-breaking ore carrier

Hyundai Heavy Industries says it has completed final performance testing on a scale model of a 190,000 DWT icebreaking iron ore carrier that, once completed,

August 24, 2011
Total Views: 109

Aker Solutions adding 500 new jobs in UK
Offshore

Aker Solutions adding 500 new jobs in UK

International oil services company Aker Solutions says it is will be creating up to 500 new jobs in the UK over the next year as the company looks to

August 24, 2011
Total Views: 101

Monday, August 22, 2011
UPDATED: Shipping industry’s best practices for piracy protection
Piracy

UPDATED: Shipping industry’s best practices for piracy protection

The fourth edition of the shipping industry’s Best Management Practices for Protection against Somali Based Piracy (BMP4) has been released.  Supported

August 22, 2011
Total Views: 127

Friday, August 19, 2011
New concept converts oceans solar energy into low-cost electricity
Uncategorized

New concept converts oceans solar energy into low-cost electricity

Illustration courtesy ABS The American Bureau of Shipping has just approved a new concept for renewable energy production for a commercial grid that converts

August 19, 2011
Total Views: 34

Thursday, August 18, 2011
New charges for pirate negotiator
Piracy

New charges for pirate negotiator

M/V MARIDA MARGUERITE. MarineTraffic.com via EUNAVFOR NORFOLK, Va.—A man accused of negotiating on behalf of Somali pirates in the deadly hijacking of a

August 18, 2011
Total Views: 41

Wednesday, August 17, 2011
Subsea 7 forced to sell off pipelay vessel amid competition concerns
Offshore

Subsea 7 forced to sell off pipelay vessel amid competition concerns

Subsea 7 S.A.’s Acergy Falcon courtesy GSP The UK’s Office of Fair Trading (OTF) has agreed not refer the merger between Subsea 7 and Acergy SA,

August 17, 2011
Total Views: 147

BIMCO: Freight Rates Slide Seen Continuing On Vessel Oversupply
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BIMCO: Freight Rates Slide Seen Continuing On Vessel Oversupply

LONDON (Dow Jones)–Dry bulk freight rates, already down 30% in value since the start of 2011, are likely to fall further over the coming months as slower

August 17, 2011
Total Views: 51

Tuesday, August 16, 2011
Transocean T Logo
Offshore

Transocean CEO: Wanted To Boost Norway Presence First And Foremost

HOUSTON (Dow Jones)- Transocean Ltd. (RIG) Chief Executive Steven Newman said that the company’s primary motivation to bid for Norwegian rig owner Aker

August 16, 2011
Total Views: 130

Monday, August 15, 2011
An Invisibility Cloak… For Ships
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An Invisibility Cloak… For Ships

Duke engineers have already shown that they can “cloak” light and sound, making objects invisible — now, they have demonstrated the

August 15, 2011
Total Views: 128

Gulf Spill Trial Given Start Date In Late February
Offshore

Gulf Spill Trial Given Start Date In Late February

A civil trial to determine liability in last year’s Gulf of Mexico oil spill has been given a preliminary start date of Feb. 27, 2012, with the expected

August 15, 2011
Total Views: 28

Wednesday, August 10, 2011
Matson Throws In The Towel On China Service
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Matson Throws In The Towel On China Service

Citing sustained high fuel prices, downward rate pressure and overcapacity in the Transpacific trade, Matson announced today that it is discontinuing in late

August 10, 2011
Total Views: 132