Panamax Fleet Highest Since 2005, Rates Continue Downward Spiral
(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships
(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships
(Bloomberg) — Iran probably would attempt to block the Strait of Hormuz at the mouth of the Persian Gulf only as a “last resort,” according
LONDON–Falkland Oil & Gas Ltd. (FOGL.LN) said Monday that a second large international oil company has taken a significant interest in its South
(Bloomberg) — Oil companies off Greenland’s shores may be basing risk assessments on outdated information as icebergs splinter the island’s
Since 1968, Italian Shipping Company Ignazio Messina & C has specialized in offering ro-ro container services to the Red Sea and East Africa. With a
According to US Coast Guard officials, a 55 year old crew member of the containership Jupiter suffered third degree burns while attempting to put out a fire
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Sailors are famous for their love of coffee but they didn’t know that once their supplies of beans run out they can just dip their mugs into the Pacific
Sea Trucks Group, a Netherlands-based offshore supply and support vessel owner, confirmed that four of its sea-going staff were kidnapped in a violent attack
HSBC Bank, the world’s 2nd largest banking and financial services group, issued a statement late in the week that it had reached a deal to sell HSBC
“Much of Alaska’s coastal area has never had full bottom surveys to measure water depths,” according to Cmdr. James Crocker, commanding
Petrobras signed contracts today with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12
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Sign UpAn agreement was filed yesterday in U.S. District Court in San Juan, Puerto Rico, in which Crowley Liner Services, Inc. (CLSI) agreed to plead guilty to
Today’s ship photo is of Shell’s $200 million AHTS, Aiviq, sitting in Dutch Harbor just waiting to go ‘do-what-it-do’ in the Chukchi
HONG KONG–Container shipper Orient Overseas (International) Ltd. (0316.HK) said Thursday it signed contracts to buy US$347 million worth of equipment
Crowley Liner Services (CLSI) on Monday was slapped with a $17 million fine after pleading guilty to felony price fixing charges relating to its freight
Maersk Line, Limited (MLL) announced today that they have completed its acquisition of 3PSC, a commercial ship operator that provides management services to
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Employers Start Here Jobseekers Start HereVia NOAA Earth’s oceans, forests and other ecosystems continue to soak up about half the carbon dioxide emitted into the atmosphere by human activities,
HOUSTON–Transocean Ltd. (RIG, RIGN.VX) is making progress towards a settlement in the Deepwater Horizon case, Chief Executive Steve Newman said
Seattle and the Puget Sound area has a long maritime and naval history, and it’s no surprise that it’s one of our top-visited cities to gCaptain.
(Bloomberg) — U.S.-led sanctions against Iran are costing OPEC’s third-largest producer $133 million a day in lost sales without raising global
Smit Lamnalco, a global provider of towage and associated marine services to offshore oil and gas terminals, placed an order today for a series of four 32m
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