Scorpio’s Giant Boxships ‘To Earn $50,000 Daily’
Scorpio Group has probably lined up a bareboat rate of about $50,000 daily for the long-term charter of about 15 years’ duration of three, 19,200 TEU box
Scorpio Group has probably lined up a bareboat rate of about $50,000 daily for the long-term charter of about 15 years’ duration of three, 19,200 TEU box
Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates
The U.S. Coast Guard says it is responding Wednesday with state and local first responders in Virginia to an overloaded tank containing sodium hydroxide in
After losing power and steering on the Mississippi River late Tuesday evening, the Maltese-flagged bulk carrier Flag Gangos allided with the 105,000 ton
COSCO announced a heap of new orders today including two new 64,000 ton dwt bulk carriers and four subsea supply vessels at their Zhoushan and Dalian yards,
An oil tanker carrying 670,000 barrels of crude has left Libya's Ras Lanuf oil terminal, the first shipment since the port was reopened following a year of
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The trading arm of Angola's liquefied natural gas (LNG) export project is making deep cuts to the headcount at its London
Last weekend, Shanghai Shipyard delivered the new 28,000 DWT heavy lift vessel MV DA DE to COSCO Shipping, adding to their five other vessels of similar type.
A planned attempt to the lift the sunken Baltic Ace car carrier from the seafloor near the port of Rotterdam has been abandoned because damage to the ship is
The U.S. Coast Guard over the weekend rescued an 800-pound leatherback turtle after it became entangled in fishing gear off the coast of New Jersey, and it
Unionized port workers and a group of Pacific Northwest grain companies reached a tentative contract agreement, according to an announcement on
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Aker Solutions ASA, the offshore engineering company controlled by billionaire Kjell Inge Roekke, could miss opportunities to expand into Russia’s Arctic
Work always seems more energized after the summer. So it is a great time to establish a terrific relationship with your boss. Your boss wants to have a good
“Some guys said they would never do it again. Silly me – I said I was sold on it right there and then,” commented Chris Nicholson, the newly
Two of China's largest shipping firms are setting up a $1.1 billion crude oil tanker joint venture with a view to build up the country's fleet, as the world's
Latest: Australian Navy Chief Inspects Fire Damage to HMAS Bundaberg At just past noon on Monday, an intense fire broke out on board the 186-foot
Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by
An open ocean attack on a product tanker in Gulf of Guinea reminiscent of Somali piracy could represent a significant change for pirates operating off the
"The rates don't reflect the true supply and demand situation," commented Intermarine's Operating Chairman Andre Grikitis in a recent phone
UPDATE 1757 EST 11 August: All three crewmembers from the sailing vessel Walkabout are safely aboard the containership MV Manukai and enroute to Honolulu
Norway’s offshore safety regulators have given Statoil consent to use the COSLPioneer drilling rig to drill and complete a pair of wells at the Visund
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Arctech Helsinki Shipyard announced today receipt of a USD $380 million newbuild contract from Sovcomflot for three icebreaking stand-by vessels.
Louisiana-based Rodi Marine went with something a bit different with their newest crewboat, M/V Riley Claire. Built by Swiftships in Morgan City, a
Adding to the two other newbuilds currently under construction, Teekay Offshore Partners LP has exercised the first of six options to build an
The seismic survey vessel Princess Marseilles had some difficulty while mooring yesterday in Bergen, Norway, as the following video shows. The ship on the
KrisEnergy Ltd. announced today the acquisition of entire issued share capital of Chevron Overseas Petroleum (Cambodia) Limited, which holds a 30%
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