Asian Oil Grab Drives Tanker Rates to 3 1/2-Year High
Record Asian oil demand is spurring the region’s refineries to charter the most supertankers in a year, driving shipping rates to the highest level
Record Asian oil demand is spurring the region’s refineries to charter the most supertankers in a year, driving shipping rates to the highest level
RIO DE JANEIRO, Nov 26 (Reuters) – OSX Brazil SA, the shipbuilding company controlled by Brazilian tycoon Eike Batista, said on Tuesday that its board of
The U.S. Coast Guard and emergency crews responded Monday night to a sunken towboat and oil discharge on the Upper Mississippi River near LeClaire,
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday released a study on shipping patterns and industry costs that will
This video really falls under the Not Safe For Life (NSFL) category. You've been
The winners of the 2013 Bravery at Sea Award were chosen and unanimously endorsed by the IMO Council from a total of 34 nominations from 10 Member States and
With nearly 16+ percent of the world dry bulk fleet due for delivery in the next 2 1/4 years, there will not be enough demand to support total capacity
China sent its sole aircraft carrier on a training mission into the South China Sea on Tuesday amid maritime disputes with the Philippines and other neighbors
The U.S. Coast Guard reports this morning that a rescue mission is currently in progress to recover approximately 100 Haitians who ran aground 15 miles off
Perched rather precariously high on the ways at Damen’s Galati shipyard in Romania, a three-masted sail training vessel was launched on 22 November. With
Nov. 26 (Bloomberg) — A Singapore-based contractor accused of bribing U.S. Navy commanders with cash and prostitutes must be held without bail because of
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Samsung Heavy Industries has won a KRW 447.6 billion ($421.53 million) order for five containerships from an unnamed Asian shipowner according to a regulatory
Crowley Maritime Corporation on Monday announced that it has placed groundbreaking order for a pair of LNG-powered combination container-Ro/Ro, becoming the
Norwegian shipbuilding group, Ulstein, announced Monday two significant orders for a newly developed design of offshore construction vessel, including the
Winter weather appears to be primary factor in the sinking of two merchant ships off China yesterday leaving at least 10 sailors confirmed dead. According to a
Check out this new commercial released by Google UK for their Nexus 7 tablet, featuring a homesick engineer perk up when he is able to video chat with his
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The foray of private equity groups in the shipping industry has been a focal point of discussion in industry forums, ever since the high-profile investments by
The data is there and we had it checked by a producer in the
Iran is quietly mobilising more ships to store and transport oil, aiming to keep its fields working and mitigate losses of several billion dollars a month from
The Australian Antarctic Division reports today that their icebreaker Aurora Australis is currently beset by heavy pack ice 180 nautical miles from Davis
The captain of a Greenpeace ship released on bail after two months of detention in a Russian prison following an Arctic protest said he and his fellow
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