Tanker Rates Finish Biggest Week of 2013
By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers on the industry’s busiest trade route had this year’s biggest weekly
By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers on the industry’s busiest trade route had this year’s biggest weekly
By Gustavo Bonato and Roberto Samora SANTOS, Brazil, Feb 22 (Reuters) – Dock workers returned to work at ports across Brazil on Friday after they
By Petty Officer 3rd Class David Weydert It was another early Friday morning for the crew of a Coast Guard HC-130 Hercules based out of Coast Guard Air Station
By Ritsuko Ando and Stine Jacobsen COPENHAGEN, Feb 22 (Reuters) – A.P. Moeller-Maersk beat annual profit forecasts and predicted its container shipping
By Rob Sheridan (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, dropped to the lowest level in 15 months in Oslo
UPDATE Jan. 24, 2013: Cannibal Rat-Infested Ghost Ship Story Hijacks the Internet -FAQ Update: According to data from the U.S. National
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NEW YORK – Coast Guard harbor tugs Hawser, Line and Wire celebrated their 50th Anniversary of service to New York, New Jersey and Hudson River waterways
By Margaret Cronin Fisk, Jef Feeley and Laurel Brubaker Calkins (Bloomberg) — Halliburton Co. may escape paying billions of dollars in damages for its
MANILA — The Philippine Coast Guard on Thursday said it has called off the search for the 14 missing crewmembers of a Panamian-flagged cargo ship that
Teekay reported their FY 2012 financials today and if there was one word to describe Teekay operations at this very moment, it would be “Growth.”
David Lerman and Nick Taborek (Bloomberg) — Navy Secretary Ray Mabus confronted a tough choice in the competition to develop a small, speedy and
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By Jeb Blount RIO DE JANEIRO, Feb 20 (Reuters) – A Brazilian judge dropped criminal charges against Chevron Corp, Transocean Ltd and 17 of their
By Joe Brock and Jonathan Saul ABUJA/LONDON (Reuters) – A spike in piracy off Nigeria’s oil-rich coast has shown gangs are willing to venture
(Bloomberg) — Bergen Group ASA, a Norwegian shipbuilder and offshore services company, climbed the most in more than 3 ½ years in Oslo after agreeing to
(Bloomberg) — Toyota Motor Corp.’s success in selling Thai-made vehicles to the Middle East and Latin America is fueling a boom for car carriers.
Two chemical tankers inbound toward Houston collided in the early morning on Wednesday, approximately 70 miles south of Galveston according to a report by the
So you have worked at sea your entire career and are thinking about coming ashore, but you’re not sure what to expect or even where to start. What sort
(Bloomberg) — Earnings for Capesize ships, the largest carriers of iron ore and coal, remained at a six-week low as a dearth of cargoes curbed hiring of
(Bloomberg) — Singapore LNG Corp.’s fourth gas storage tank may have 260,000 cubic meters of capacity, enough to fit four A380 jumbo jets, the
LAGOS, Feb 20 (Reuters) – Nigeria Liquefied Natural Gas Company (NLNG) has appointed France’s BNP Paribas and GT Bank to help raise around $1.6
Tangled in rigging, he was dragged under the water again. This time he wasn’t coming up. With no chance to get a breath and struggling to free himself,
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YENAGOA, Nigeria, Feb 20 (Reuters) – Pirates who kidnapped six foreign sailors from an oil servicing vessel off the Nigerian coast on Sunday are
MELBOURNE, (Reuters) – Anti-whaling activists called on Wednesday for Australia to send a naval vessel to the Southern Ocean after a confrontation in
In a first for the industry, tankers transporting LNG will receive discounted port dues at the Port of Rotterdam. The discount of 6% will only apply to those
By Reese Ewing and Gustavo Bonato SAO PAULO, Feb 19 (Reuters) – Brazilian dock workers in Santos on Tuesday left a Chinese ship they occupied for two
(Bloomberg) — Global liquefied natural gas prices on the spot market will enter a bearish cycle from 2016 to 2017 as new supply comes online before Asian
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