China’s Shipbuilding Slump “Pretty Depressing”
(Bloomberg) — China has too many ships. The glut has pushed new vessel prices to eight-year lows and caused a 49 percent plunge in first-half orders at
(Bloomberg) — China has too many ships. The glut has pushed new vessel prices to eight-year lows and caused a 49 percent plunge in first-half orders at
By Klaus Luhta, KlausLuhta.com If you are looking for some licentious and lascivious reading relating to shipping, look no further than the Paris MOU list of
Except maybe for this boat built by Zyvex Marine which has carbon nanotubes infused into its fiberglass… In case you didn’t know it, carbon
(Bloomberg) — Superyachts equipped with helipads and submarines have joined Britain’s biggest warship, more than a dozen tall ships and cruise
UPDATE (7/27/12): Bunga Alpinia Death Toll Rises to Three Original (7/26/12): An explosion and fire, reportedly the result of a lightning strike, engulfed the
Among a bit of doom and gloom lately with the fluctuations in the dry bulk market, Navios Maritime Partners L.P. (NYSE: NMM), an owner and operator of dry
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MSC Flaminia and her cargo of smoldering containers has nearly reached the coast of the UK and British authorities are currently working on sorting out a
(Bloomberg) — The Republican-led U.S. House of Representatives passed legislation opening the California and Virginia coasts
The U.S. Navy is underestimating the cost of its proposed 30-year shipbuilding program by 19 percent, the non-partisan Congressional Budget Office said in a
In the words of the great John Bossie “Mother Nature and the Sea are extreme forces that must be respected at all times.” Here are some videos that
(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian
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Sign UpBy Michael Grey, Contributing Editor to Clay Maitland’s blog It is a bit rich, all this carping criticism from the United Nations about the private
Tourists get the full experience of the power of a calving glacier while on a boat trip off Ilulissat, Greenland. Fortunately, and somewhat amazingly, nobody
By Bruce Vail, contributing writer at Working In These Times Unions representing the crewmembers aboard U.S.-flag cargo ships are reeling from a stunning
Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform
(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the
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Employers Start Here Jobseekers Start HereOn 25 July 1956, the Italian liner Andrea Doria and Swedish cruiser Stockholm collided off Nantucket on the New England coast. USS Edward H. Allen (DE 531) and
If it looks like a deal that’s too good to be true, it likely is, especially if it involves reflagging unregistered ships. The following is a report by
Because they just won $4 Billion in contracts for three of their rigs, two of which haven’t even been built yet… The combined 3 rig package
Seadrill has again specified Rolls-Royce thrusters for three drillships to be built by Samsung in Korea. Each vessel will be equipped with six azimuth
(Bloomberg) — A glut of the biggest oil tankers in the Persian Gulf expanded, a Bloomberg survey showed, adding to pressure on owners facing returns near
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