Teekay Joins the Rush for Eco-Product Tankers, Places $188 Million New Build Order
Teekay Tankers (NYSE:TNK) announced today a $188 million order for four new 113,000 DWT Long Range 2 (LR2) product tankers from South Korea’s STX
Teekay Tankers (NYSE:TNK) announced today a $188 million order for four new 113,000 DWT Long Range 2 (LR2) product tankers from South Korea’s STX
KIEL, Germany, April 8 (Reuters) – The city of Hamburg wants shippers Hapag-Lloyd and Hamburg Süd to resume merger talks so that they stand a better
By Jeb Blount RIO DE JANEIRO, April 8 (Reuters) – Brazil’s oil regulator, the ANP, said on Monday that it authorized Chevron Corp to restart output
(Bloomberg) — Global seaborne trade will more than double by 2030 as China’s expanding economy drives demand for commodities from crude oil to iron
Bloomberg – Troops in Nigeria are hunting for militants who said they killed at least 15 policemen in the Niger River delta, a military official said.
US Navy marine biologist Lee Shannon led a team of scientists who conducted a new assessment last week on the extent of damage caused by the recent grounding
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“We are very shocked. After what we experienced last night, we will have many nightmares,” said Ludovic Rabasse, captain of the French
Will robots soon take over the shipping lanes? San Francisco – Liquid Robotics has released its latest unmanned, autonomous marine robot. Dubbed the Wave
Malaysia’s largest offshore supply vessel (OSV) operator, Bumi Armada, has just awarded Wärtsilä the contract to design the series of four new
Two of Technip’s deepwater construction vessels, the G1200 (Technip BV), a rigid pipe S-lay and heavy-lift construction vessel, and the
SAN JUAN, Puerto Rico — Coast Guard rescue crews combined efforts Saturday with the 800-foot Panamanian flagged automobile carrier, Heijin, and the
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Over the weekend the Seattle waterfront was lined with spectators welcoming a heavy lift ship offloading a hulking giant: Bertha, the five-story-tall, 6,700
(Reuters) – The Navy plans to carry out the first catapult takeoff of its new X-47B unmanned plane from an aircraft carrier next month and other
The California Board of Pilot Commissioners voted unanimously last week to revoke the license of Overseas Reymar pilot Guy Kleess who was navigating the oil
Yesterday the US Navy commissioned its newest landing transport dock ship, USS Arlington (LPD 24). Arlington honors the 184 victims who died when American
Reuters – Most ports in Chile were returning to normal operations on Saturday after an extended strike that slammed the No. 1 copper producer’s
Historic Sea Forts An armada of sea forts were built during World War II specifically designed to repel smaller aircraft flying in to attack Great Britain.
Bloomberg – Chile’s port strike is expanding and costs are mounting, prompting the government to warn it threatens to trigger shortages of basic
It seems like the VTS in Houston is working as advertised. You can’t just drive wherever you want down there without getting a visit from the local
By Jason Kelly It’s been almost 50 years since USS Thresher (SSN-593) sank off the coast of Cape Cod, Massachusetts, claiming the lives of 129 Sailors
Germany’s Lürssen Yachts on Friday launched what is now the largest superyacht in the the world. Named Azzam, the superyacht measures an astonishing
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American inventor Thomas Edison would be quite pleased at the recent news from Zurich-based ABB. An early champion of direct-current (DC) electricity, Edison
By Lars Petter Blikom, Segment Director for Natural Gas at DNV Over the past week, here at DNV, we have done another market analysis to assess how fast LNG
April 5 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, fell on Friday for a
FRANKFURT, April 5 (Reuters) – Private equity groups 3i and Allianz Capital Partners have attracted three tentative bids for their jointly-owned ferry
(Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil and gas company, raised its buyout offer for shipping group MISC Bhd. by 3.8 percent to
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