LNG Shipping Rates Will Likely Drop as Fleet Growth Surpasses Demand Through 2016
(Bloomberg) — Rates to ship liquefied natural gas will decline over the next three years as trade fails to keep pace with the construction of new
(Bloomberg) — Rates to ship liquefied natural gas will decline over the next three years as trade fails to keep pace with the construction of new
A United States Court of Appeals has confirmed what many mariners have been saying for years: that Paul Watson and the Sea Shepherd Conservation Society are
By Doug Helton, NOAA On January 17, 2013, the Navy mine countermeasures ship USS Guardian ran aground on a coral reef in the Philippines. Salvage experts
A federal judge in Washington, D.C. this week sentenced the Singapore-based container shipping company, Pacific International Lines (PIL), to pay $2.2 million
(Bloomberg) — Royal Dutch Shell Plc, the world’s largest supplier of liquefied natural gas, agreed to buy LNG assets from Repsol SA for $4.4
By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc’s push to maximize profits and cut costs at the Macondo well was a “root
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(Bloomberg) — The largest oil tankers will remain unprofitable for at least two more years as the fleet overwhelms slowing demand for crude imports,
Here is a feel good video to brighten up your day… … feel better? Via Sun
YENAGOA, Nigeria (Reuters) – Six foreign sailors were freed unharmed overnight by pirates who seized them off the coast of Nigeria’s oil-producing
Update: Tuesday updates show Rusty not deepening as fast as earlier forecasts, now expected to have max winds of 80 knots as it makes landfall just ENE of Port
By Jonathan Saul LONDON (Reuters) – Iran is using old tankers, saved from the scrapyard by foreign middlemen, to ship out oil to China in ways that avoid
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(Bloomberg) — Singapore is the most likely hub for trading liquefied natural gas and reducing the government interference that keeps Asia’s prices
The disabled Emma Maersk has been successfully delivered to a Fincantieri yard in Palermo, Sicily, where she will undergo repairs to fix a broken stern
What happened to Bounty on the morning of October 29th, 2012? Finding out what went wrong and why, when things happened or didn’t, and who said what to
By Isaac Arnsdorf and Rob Sheridan (Bloomberg) — Shipping rates for iron ore are poised to double next quarter as Chinese steelmakers import extra
A high seas hit-n-run? We certainly hope not… The U.S. Coast Guard is seeking information from the public to help identify the source of a large debris
By Michelle Wiese Bockmann (Bloomberg) — Charters of oil tankers to haul crude to the U.S., the world’s biggest importer, jumped 65 percent during
Things are getting ugly in the Southern Ocean between the Sea Shepherd Conservation Society and Japan’s Institute of Cetacean Research (ICR) fleet…
At the start of each day of the hearings, Commander Kevin Carroll does the same thing: he reads a statement. He tells all in attendance, “The purpose
MANILA – Salvage operations for the removal of the stricken USS Guardian from Tubbataha Reef in the Philippines resumed Friday as weather and sea
By Rob Sheridan (Bloomberg) — Hire costs for the largest oil tankers on the industry’s busiest trade route had this year’s biggest weekly
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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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