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Friday, March 22, 2013
maersk
News

Overcapacity Trumps Rate Hike Plan, Maersk Shares Fall

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, fell the most in four days in Copenhagen as freight rates out of China

Friday, March 22, 2013
Total Views: 32

Thursday, March 21, 2013
Breaking: Italian Marines Return to India
News

Breaking: Italian Marines Return to India

By Andrew Davis and Chiara Vasarri March 21 (Bloomberg) — Two Italian marines charged with killing fishermen will return to India to stand trial in a bid

March 21, 2013
Total Views: 36

UNCLOS 1982, the Italo-Indian Flap, and the Law of Unintended Consequences
Piracy

UNCLOS 1982, the Italo-Indian Flap, and the Law of Unintended Consequences

UPDATE (Mar. 21): Italian Marines Agree to Return to India to Stand Trial, Diffuse Diplomatic Row By John A.C. Cartner, Special to Piracy Daily Amidst all

March 21, 2013
Total Views: 38

nigeria lng edo ship
Shipbuilding

Nigeria LNG to Sign Six-Ship Deal with Samsung, Hyundai

By Chijioke Ohuocha LAGOS, March 21 (Reuters) – Nigeria Liquefied Natural Gas Company (NLNG) will sign agreements this week with South Korea’s

March 21, 2013
Total Views: 46

circassia frontline tankers crude oil tanker
News

VLCC Market Rises on Greater Japanese Demand, Owners Still Struggling to Survive

By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings,

March 21, 2013
Total Views: 29

norden
Interesting

Norden Captain: “Hey Look, No Engines!”

Nord Integrity Captain Cut the Power and Drifted for Days to Save Fuel By Isaac Arnsdo (Bloomberg) — A tanker owned by D/S Norden A/S, Europe’s biggest

March 21, 2013
Total Views: 33

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Thursday, March 21, 2013
WATCH: Building the World’s Largest Ship in 50,000 Pics
Interesting

WATCH: Building the World’s Largest Ship in 50,000 Pics

This timelapse, produced by Discovery Channel and Maersk Line, shows the construction of Maersk Line’s first Triple-E containership at the DSME

March 21, 2013
Total Views: 147

Israel’s Zim Struts to Big Loss
News

Israel’s Zim Struts to Big Loss

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

March 21, 2013
Total Views: 14

Wednesday, March 20, 2013
Amazon Founder Raises Apollo 11 F-1 Engines from Atlantic Ocean
Blog

Amazon Founder Raises Apollo 11 F-1 Engines from Atlantic Ocean

On July 16, 1969, the world watched as the historic Apollo 11 mission took off from the Kennedy Space Center in Cape Canaveral, Florida, which of course ended

March 20, 2013
Total Views: 141

WATCH: 1100-Ton Car Ferry Superstructure Placed Onto Hull
Interesting

WATCH: 1100-Ton Car Ferry Superstructure Placed Onto Hull

This timelapse video comes to us via Vigor Industrial, which is building Washington State’s new 144-car ferries at their Seattle shipyard. On March 5,

March 20, 2013
Total Views: 63

Dapeng Sun lng carrier

China Venture to Order Six LNG Carriers

Jasmine Wang and Aibing Guo (Bloomberg) — China Shipping Development Co.’s venture will order six liquefied natural gas tankers worth about $1.2

March 20, 2013
Total Views: 53


Wednesday, March 20, 2013
BG Group
News

BG Group Signs Long Term LNG Contract with India

(Bloomberg) — BG Group Plc, the U.K.’s third- largest natural gas-producer, agreed to a long-term sale of liquefied natural gas to India. BG will

March 20, 2013
Total Views: 42

John Konrad
Blog

The Need to Reduce Complexity in the Maritime Industry

What do the Plimsoll Line, iPhone and Nathaniel Bowditch have in common? In the opening presentation of the Connecticut Maritime Association’s Shipping

March 20, 2013
Total Views: 62

VLCC mayfair
News

Knightsbridge Orders Pair of Capesize Bulkers, Sells VLCC

Knightsbridge Tankers announced today signed contracts for a pair of 182,000 DWT Capesize bulk carriers new-builds from Japan Marine United Corporation (JMU).

March 20, 2013
Total Views: 54

Tuesday, March 19, 2013
Carnival Cancels More Cruises as Fleet Review Moves Forward
Interesting

Carnival Cancels More Cruises as Fleet Review Moves Forward

Carnival Cruise Lines said Tuesday that it is moving forward with the first implementation phase of a fleetwide operational review in wake of the Carnival

March 19, 2013
Total Views: 14

Euronav Adds to 2012 Losses

Euronav Adds to 2012 Losses

Euronav said Tuesday that it has added an additional $32 million to its 2012 losses from the sale of its newbuild Suezmax tanker, the 157,648 dwt Cap Isabella,

March 19, 2013
Total Views: 33

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Tuesday, March 19, 2013
Five-Ship Containership Order Cancelled at Samsung
Shipbuilding

Five-Ship Containership Order Cancelled at Samsung

Israeli container shipping line, ZIM, said Tuesday that it has reached an agreement with Samsung Heavy Industries of South Korea to cancel five newbuildings

March 19, 2013
Total Views: 32

11 Killed as Containership Sinks Off Eastern China
Incidents

11 Killed as Containership Sinks Off Eastern China

A containership identified as the MV GUANG YANG XIN GANG capsized and sank off the eastern coast of China on Monday, killing as many as 13 crewmembers. The

March 19, 2013
Total Views: 34

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

By Rob Sheridan (Bloomberg) — Frontline 2012 Ltd., the shipping company led by billionaire John Fredriksen, almost doubled the number of vessels

March 19, 2013
Total Views: 32

hapag-lloyd

Hapag-Lloyd Defers New Ship Deliveries After Posting Massive 2012 Losses

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of

March 19, 2013
Total Views: 9

noboru ueda classnk william mahoney safety management systems
News

ClassNK Announces American Acquisition, Seeks Brown Water Footprint

STAMFORD – For the first time in their 113-year history, Tokyo-based classification society ClassNK has announced growth via acquisition. At the

March 19, 2013
Total Views: 22