VLCC Charter Rates Rise as Supply of Vessels Remains Stable
(Bloomberg) — Charter rates rose for the largest tankers hauling Middle East oil to Asia on the industry’s busiest trade route as the supply of
(Bloomberg) — Charter rates rose for the largest tankers hauling Middle East oil to Asia on the industry’s busiest trade route as the supply of
Update: The Times of India has reported that the five sailors died of asphyxiation as a result of the gas leak. Original: Five crew members of an
Germany’s TUI Cruises confirmed Monday that the company has ordered a second 2,500 passenger cruise ship from STX Finland. The 99,300 GRT cruise ship
(Bloomberg) — Oil-tanker rates have jumped for vessels hauling refined fuel cargoes from the Caribbean and Europe on strengthening export volumes from
SINGAPORE–Sembcorp Marine Ltd. (S51.SG) Monday reported a 48.1% fall in its third quarter net profit as revenue fell due to lower recognition of rig
Transocean Ltd.’s (RIG, RIGN.VX) third-quarter loss widened as asset impairment and other items masked the offshore-drilling company’s revenue
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Athens-based ship owners, Alpha Tankers and Freighters International, have chosen MAN Diesel and Turbo dual-fuel engines for two 160,000 m³ LNG carriers
KUALA LUMPUR–SapuraKencana Petroleum Bhd. (5218.KU) plans to acquire the tender rigs business of Norway’s SeaDrill Ltd. (SDRL.OS) for an
Over the past few days it was unclear whether or not the US Navy would be officially tasked to provide disaster relief to New York and New Jersey. It
Italian news company Corriere reported today a boat carrying Libyan migrants capsized in the Mediterranean Sea on Saturday while enroute to Lampedusa, an
(Bloomberg) — Tankers able to deliver almost 215,000 metric tons of gasoline are waiting outside New York Harbor to unload their cargoes after the worst
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Sign UpSandy-related troubles at the Port of New York and New Jersey are forcing carriers to divert their ships to other ports, disrupting the supply flow for
VIA NOAA COAST SURVEY NOAA Office of Coast Survey navigation response teams and other survey assets continue to survey in the Port of New York / New Jersey,
US Department of Homeland Security Secretary Janet Napolitano has issued a Jones Act waiver to allow foreign-flagged ships from the Gulf of Mexico into ports
A tanker grounding in India turned fatal on Wednesday after a lifeboat capsized in heavy surf and now many are wondering why the Coast Guard wasn’t
Rear Adm. Steven Ratti, the Coast Guard 5th District commander, ordered a district formal investigation Thursday to determine the cause of the sinking of the
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Employers Start Here Jobseekers Start HereChina’s Zhejiang Shipbuilding delivered the platform supply vessel Bourbon Calm today, the third in a series of four platform supply vessels of
The American Maritime Partnership, representing more than 40,000 Jones Act vessels, issued a statement late Thursday regarding the delivery of petroleum and
Captain Robin Walbridge and the crew of the Bounty made a port call in Belfast, Maine this past August and gave a very telling interview with one of the
German shipyard Flensburger Schiffbau-Gesellschaft (FSG) announced this morning they have successfully launched the second of two identical RoRo freight ferry
(Bloomberg) — Samsung Heavy Industries Co., the world’s second-largest shipyard, rallied the most in eight months in Seoul trading after
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