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Semi-submersible Drilling Rig Sinks at DSME [INCIDENT PHOTOS]
Accidents

Cargo Ship Captain Arrested After Fatal Collision with US Military-Chartered Tanker Off UK Coast

The 59-year-old Master of a German-owned containership has been arrested on suspicion of gross negligence manslaughter after a collision between a US

Saturday, December 28, 2013
Total Views: 4128

Wednesday, February 13, 2013
scorpio tankers
Finance

Financiers Hold the Throttle, and Key, to Shipping as Shipowners Lack Discipline

The 19th annual Hellenic-American and Norwegian-American Chambers of Commerce shipping conference was held yesterday at the Waldorf-Astoria hotel in New York

February 13, 2013
Total Views: 20

USS Guardian Salvage Suffers Another Set Back – REPORT
Grounding Incidents

USS Guardian Salvage Suffers Another Set Back – REPORT

The operation to remove the stricken USS Guardian from a Philippine reef has suffered yet another set back this week as the crane barge to be used in the

February 13, 2013
Total Views: 56

Sea Shepherd Takes Whaling Injunction to Supreme Court
News

Sea Shepherd Takes Whaling Injunction to Supreme Court

The Sea Shepherd Conservation Society, the environmental group best known for their extreme and often controversial tactics used in the fight against

February 13, 2013
Total Views: 22

turkey istanbul container shipping ship port
News

Global Container Shippers View Significant Growth Opportunity in Turkey

By Evrim Ergin ISTANBUL, Feb 13 (Reuters) – Top global shipping lines are looking to expand operations in Turkey to some of its fast-growing private

February 13, 2013
Total Views: 119

IRS Seeks $463 Million in Taxes From Overseas Shipholding Group
Finance

IRS Seeks $463 Million in Taxes From Overseas Shipholding Group

Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt

February 13, 2013
Total Views: 18

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Wednesday, February 13, 2013
u.s. flagged tanker
News

EU-Singapore Free Trade Agreement Unlikely to Affect Crude Oil Shipments

By Claire Milhench LONDON (Reuters) – A trade deal between the European Union and Singapore is unlikely to affect North Sea crude oil shipments to Asia,

February 13, 2013
Total Views: 19

Tsuru coal carrier
News

Rates for Panamax Coal Carriers Boosted by Increased U.S. Exports

Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S.

February 13, 2013
Total Views: 24

dockwise vanguard
News

Dockwise and Boskalis Reach Merger Agreement

Heavy lift transport firm Dockwise reports quite a bit of positive news today. Their Board of Directors reached an agreement today with executives from

February 13, 2013
Total Views: 107

crowley florida mr tanker jones act
News

Jones Act Tankers Earn Record Rates as U.S. Crude Production Ramps Up

Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws prohibit exports. Rates for Jones

February 13, 2013
Total Views: 52

Tuesday, February 12, 2013
LNG Tanker
News

U.S. Lawmakers Consider Future Of Natural Gas Export Policy

By Ayesha Rascoe WASHINGTON (Reuters) – Booming shale gas production is reshaping the energy outlook in the United States and Washington must re-examine

February 12, 2013
Total Views: 20


Tuesday, February 12, 2013
Citigroup: Bulk-Shipping Recovery Starting in 2014

Citigroup: Bulk-Shipping Recovery Starting in 2014

By Michelle Wiese Bockmann (Bloomberg) — Earnings for ships that carry dry- bulk commodities are set to start recovering in 2014 as fleet growth slows to

February 12, 2013
Total Views: 20

Big Oil and The Draw of The Arctic
News

Big Oil and The Draw of The Arctic

By Yereth Rosen and Gwladys Fouche ANCHORAGE/OSLO, Feb 12 (Reuters) – It may not be this year, but Royal Dutch/Shell and other oil companies will be back

February 12, 2013
Total Views: 20

John Cota Suing Coast Guard Over License
News

John Cota Suing Coast Guard Over License

John Cota, the infamous San Francisco bar pilot who crashed the Cosco Busan into the Bay Bridge in 2007, is suing the U.S. Coast Guard to get his license

February 12, 2013
Total Views: 107

LPG Tankers to Gain on U.S. Shale Boom, Says Clarkson

LPG Tankers to Gain on U.S. Shale Boom, Says Clarkson

By Isaac Arnsdorf (Bloomberg) — Tankers hauling liquefied petroleum gas will gain as shale oil and gas production boosts U.S. exports and fleet growth

February 12, 2013
Total Views: 12

danaos corporation
Finance

Danaos Reports 2012 Financials, German Containership Owner Shoots Par

Danaos Corporation, a Athens-based containership owner announced their 2012 year end financial results today. It was a challenging year for the global

February 12, 2013
Total Views: 70

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Monday, February 11, 2013
OSG Chief Executive Morten Arntzen Resigns
News

OSG Chief Executive Morten Arntzen Resigns

It’s been a tumultuous few months for the largest US-based tanker operator. Today, OSG’s President and CEO Morten Arntzen announced his

February 11, 2013
Total Views: 112

vlcc supertanker crude oil tanker lightning stormy seas

Mideast Crude Tanker Rates Slide To Six-Month Low

By Jonathan Saul LONDON (Reuters) – Crude oil tanker earnings on the major Middle East route slid to their lowest in six months on Monday as the market

February 11, 2013
Total Views: 27

Thomson Majesty Accident – Five Crew Killed During Lifeboat Drill on Cruise Ship [UPDATE 3]
Interesting

Thomson Majesty Accident – Five Crew Killed During Lifeboat Drill on Cruise Ship [UPDATE 3]

Update 3: We spoke with a lifeboat industry insider today about the specifics of the lifeboat system that ultimately killed 5 sailors. Preliminary

February 11, 2013
Total Views: 1162

bulk carrier liberty maritime grain

Baltic Dry Index Slides a Second Day as China’s New Year Quiets Market

By Michelle Wiese Bockmann (Bloomberg) — The Baltic Dry Index, a measure of costs to transport minerals and grains by sea, fell for a second session as

February 11, 2013
Total Views: 12

marine-firefighter
Blog

Is Your Ship Ready for a Fire?

By Tom Guldner Marine companies today recognize their obligation to train their crews in everything that will be needed to do their job. New technologies in

February 11, 2013
Total Views: 39

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