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Friday, July 27, 2012
News

Tsakos Energy Navigation Scores $14.5 Million Contract Extension for the Nippon Princess

Tsakos Energy Navigation Limited (TEN) announced a new two-year time charter extension today for their 2008 built, 105,392 dwt, double hull aframax tanker,

July 27, 2012
Total Views: 121

News

Reload of LNG Cargo Canceled at Spanish Port, Upcoming Shipments Appear on Track

(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the

July 27, 2012
Total Views: 58

Thursday, July 26, 2012
News

World’s Largest Windfarm Installation Vessel Delivered by Samsung Heavy

Singapore-based shipping company, Swire Pacific Offshore, has accepted delivery of the Pacific Orca, which at 161 meters in length, is the world’s

July 26, 2012
Total Views: 188

Blog

Kings Point ’93 Grad Needs a Heart, Literally

Rob Munchbach, is a 42 year-old resident of Merritt Island, Florida who needs a heart transplant due to heart disease.  He is a 1993 graduate of the United

July 26, 2012
Total Views: 47

Engineering News

What’s More Incredible than Carbon Nanotubes? Almost Nothing, Actually

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

July 26, 2012
Total Views: 250

Incidents

Chemical Tanker Explodes Off Malaysia, Fire Now Threatens Nearby Methanol Silo [UPDATED]

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

July 26, 2012
Total Views: 1798

Finance

Navios Maritime Reports 24% Jump in Net Income in Q2

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

July 26, 2012
Total Views: 77

Incidents

MSC Flaminia Continues to List and Smolder While Nearing British Coast

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

July 26, 2012
Total Views: 23

News

US House of Representatives Votes to Open California and Virginia to Offshore Drilling

(Bloomberg) — The Republican-led U.S. House of Representatives passed legislation opening the California and Virginia coasts

July 26, 2012
Total Views: 35

Wednesday, July 25, 2012
News

Ties are Cut as India’s Joint Venture With Iranian Shipping Company Gets Strangled

(Bloomberg) — Shipping Corp. of India said a joint-venture with the Islamic Republic of Iran Shipping Lines will end after sanctions against the Iranian

July 25, 2012
Total Views: 28

Glacier “Tsunami” Nearly Swamps Sightseeing Boat Off Greenland [VIDEO]
Incidents

Glacier “Tsunami” Nearly Swamps Sightseeing Boat Off Greenland [VIDEO]

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

July 25, 2012
Total Views: 127

News

Hidden in New Highways Bill, ‘Stealth Attack’ Stuns Maritime Unions

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

July 25, 2012
Total Views: 78

News

Gulfmark Offshore Announces Additional Jones Act Newbuilds, and 300% Revenue Increase

Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform

July 25, 2012
Total Views: 141

News

US Demand for Gasoline “Still Weak”, Oil Futures on the Decline

(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

July 25, 2012
Total Views: 35

Blog

56 Years Ago Today, Andrea Doria Sinks Off Nantucket in Catastrophic Collision [IMAGES]

On 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

July 25, 2012
Total Views: 4463

News

Business Dealings with the Iranians Will Likely NOT Be in Your Favor

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

July 25, 2012
Total Views: 30

News

It Seems That Seadrill Will be Buying Beers Today

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

July 25, 2012
Total Views: 121

Engineering News

Rolls Royce Thrusters Chosen For New Deep Water Drillships

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

July 25, 2012
Total Views: 135

Tuesday, July 24, 2012
Blog

Technology Solutions That Keep Your Hull Clean, and Save You Money

From 1 January 2013, all ships over 400GT on international voyages will be required to carry a Ship Energy Efficiency Management Plan (SEEMP), detailing the

July 24, 2012
Total Views: 256

News

Three More Super Post Panamax Cranes Arrive at the Port of Seattle

The Port of Seattle’s Terminal 18, run by SSA Terminals, will have three more Super Post Panamax cranes, allowing it to handle the largest container

July 24, 2012
Total Views: 39