Berlian Laju Tanker Company Files for Chapter 15 Creditor Protection
(Reuters) – Indonesia-based oil and gas shipping company, PT Berlian Laju Tanker, filed for Chapter 15 creditor protection in a U.S. bankruptcy court on
(Reuters) – Indonesia-based oil and gas shipping company, PT Berlian Laju Tanker, filed for Chapter 15 creditor protection in a U.S. bankruptcy court on
March 26 (Bloomberg) — Transocean Ltd. properly maintained its Deepwater Horizon rig before the April 2010 blowout of a BP Plc well that set off the
(Bloomberg) — Stronger demand for iron ore and coal shipped by sea, led by record monthly steel production in China amid slowing fleet growth, is poised
SULU SEA – U.S. Navy and contracted salvage personnel embarked aboard M/V Jascon 25 have begun dismantling and sectioning the hull of the grounded mine
MSC Cruises on Saturday christened the latest addition to its luxury fleet, the MSC Preziosa, during a spectacular ceremony held in Genoa, Italy. The ship is
The U.S. Bristow Group announced today that the United Kingdom has awarded its British affiliate a new contract to provide civilian Search and Rescue services
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Overall confidence levels in the shipping industry recovered to their highest level in two years in the three months ending February 2013, according to the
On Tuesday, SpaceX’s Dragon capsule detached from the International Space Station at 3:56am PT and splashed down safely almost 6 hours later about 200
By Steve Scherer ROME, March 26 (Reuters) – Italian Foreign Minister Giulio Terzi resigned on Tuesday over his government’s decision to return two
A jump in scrubber orders for Alfa Laval and Wartsila reflects a general trend of higher uptake of these systems. Finland’s Wartsila has received about
Brazilian shipbuilding and ship-leasing company OSX Brasil SA is in the process of raising a $265 million short-term loan due in 2014 from foreign investors to
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March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before
As forewarned in December, Chinese shipbuilder Rongsheng Heavy Industries, posted a 2012 loss of USD $92 million, the opposite of the $90 million profit they
(Bloomberg) — India’s JSW Group, controlled by the billionaire Jindal family, plans to spend 40 billion rupees ($736 million) to build its first
(Bloomberg) — John Fredriksen, the richest shipping investor, is spending $2.6 billion on the biggest fleet of fuel-efficient ships in history, betting
At the Connecticut Maritime Association conference last week in Stamford, Connecticut, I sat down with Peter Evensen, President and CEO of Vancouver-based
The U.S. Coast Guard has taken delivery of its fifth Fast Response Cutter (FRC) from Bollinger Shipyards in Lockport, Louisiana. The 154-foot cutter, named the
With all the bad press Carnival has been receiving lately, we figured they could use some good PR for once. Over the weekend Carnival Cruise’s Carnival
Japan’s Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding Co. have teamed up on a new company aimed at the large-scale design and marketing of
Talks of a merger between Germany’s largest container shipping companies have been suspended because terms of a deal could not be reached. Oetker Group,
SINGAPORE, March 25 (Reuters) – Demand for low sulphur bunker fuel in Singapore is expected to rise at least 20 percent this year, following tighter
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According to Robert Bugbee, President of Scorpio Tankers, the answer to the eco-ship question can perhaps be found by considering the question, “Do you
(Bloomberg) — Centrica Plc, the U.K.’s largest household energy supplier, signed a 20-year deal to import natural gas from the U.S., securing
I suppose after racing on this boat, everyone on board can safely say that they’ve hit the pinnacle of their sailing career. I mean, what else could
NEW YORK, March 24 (Reuters) – Shares of cargo ship operator Seacor Holdings could climb as oil drilling in the Gulf of Mexico picks up, according to a
March 22 (Bloomberg) — Iceland, which issued its first oil and gas exploration licenses this year, will probably order more supply vessels from Norway as
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