South American Grains Fuel Higher Day Rates for Panamax Ships, Capesizes Decline
Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and
Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and
The witness, Todd Kosakowski, looked at Coast Guard’s evidence # CG-41: a series of 29 photographs he had taken of Bounty during its most recent yard
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, announced today the signing of a NOK 825 million (USD $150 million) newbuild
South Korean shipbuilder Hyundai Heavy Industries and Toisa Limited announced an order today to build a multipurpose offshore construction vessel (MOCV). With
Teekay’s Research Manager, Christian Waldegrave provides a look back at what happened during the 2012 tanker market, and why it was really a “year
HELSINKI – Finnish ship and power plant engine maker Wartsila said it was calling off temporary lay-offs at its plant in Vaasa, western Finland, due to
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Disruptions to the supply of liquefied natural gas in Nigeria and Egypt will curb shipping rates as more vessels compete for fewer cargoes of the fuel,
The U.S. is poised to become a net exporter of liquefied petroleum gases for the first year ever as shale-based energy production jumps, prompting new orders
The 19th annual Hellenic-American and Norwegian-American Chambers of Commerce shipping conference was held yesterday at the Waldorf-Astoria hotel in New York
The operation to remove the stricken USS Guardian from a Philippine reef has suffered yet another set back this week as the crane barge to be used in the
The Sea Shepherd Conservation Society, the environmental group best known for their extreme and often controversial tactics used in the fight against
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By Evrim Ergin ISTANBUL, Feb 13 (Reuters) – Top global shipping lines are looking to expand operations in Turkey to some of its fast-growing private
Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt
By Claire Milhench LONDON (Reuters) – A trade deal between the European Union and Singapore is unlikely to affect North Sea crude oil shipments to Asia,
Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S.
Heavy lift transport firm Dockwise reports quite a bit of positive news today. Their Board of Directors reached an agreement today with executives from
Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws prohibit exports. Rates for Jones
By Ayesha Rascoe WASHINGTON (Reuters) – Booming shale gas production is reshaping the energy outlook in the United States and Washington must re-examine
By Michelle Wiese Bockmann (Bloomberg) — Earnings for ships that carry dry- bulk commodities are set to start recovering in 2014 as fleet growth slows to
By Yereth Rosen and Gwladys Fouche ANCHORAGE/OSLO, Feb 12 (Reuters) – It may not be this year, but Royal Dutch/Shell and other oil companies will be back
John Cota, the infamous San Francisco bar pilot who crashed the Cosco Busan into the Bay Bridge in 2007, is suing the U.S. Coast Guard to get his license
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By Isaac Arnsdorf (Bloomberg) — Tankers hauling liquefied petroleum gas will gain as shale oil and gas production boosts U.S. exports and fleet growth
Danaos Corporation, a Athens-based containership owner announced their 2012 year end financial results today. It was a challenging year for the global
It’s been a tumultuous few months for the largest US-based tanker operator. Today, OSG’s President and CEO Morten Arntzen announced his
By Jonathan Saul LONDON (Reuters) – Crude oil tanker earnings on the major Middle East route slid to their lowest in six months on Monday as the market
Update 3: We spoke with a lifeboat industry insider today about the specifics of the lifeboat system that ultimately killed 5 sailors. Preliminary
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