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Friday, March 16, 2012
frontline tankers oslo stock exchange
Finance

Frontline Tankers (FRO) Takes a Ride on the Oslo Stock Exchange

It was quite a day for shareholders of Frontline Tankers.  Their stock shot up nearly 29% on news of increased VLCC and Suezmax tanker day rates. In a note

March 16, 2012
Total Views: 34

Ore Pantanal Ore Fabrica vale brasil
Uncategorized

New Maritime Additions to the Iron Ore Trade, Vale’s Ore Fabrica and Mitsui’s Tom Price

Bedeschi, an Italian company specializing in bulk loaders and unloaders gives us a first look at the Ore Fabrica, the world’s largest floating dry bulk

March 16, 2012
Total Views: 412

torm
Finance

Torm Seeks Reduction in Capital Expenditures, Cancels Newbuild of Product Tanker

Danish shipping company Torm A/S (TORM.KO) has entered into an agreement to cancel one medium range (MR) product tanker newbuilding, which was scheduled for

March 16, 2012
Total Views: 77

Estaleiro AtlanticoSul shipyard brazilian shipbuilding
Engineering News

Brazilian Shipbuilding “Renaissance” Stalls, Samsung Heavy Sells Stake in Struggling Shipyard

RIO DE JANEIRO (Dow Jones)–South Korea’s Samsung Heavy Industries Co. (010140.SE), the world’s second-largest shipbuilder by sales, sold its

March 16, 2012
Total Views: 164

vlcc hamoon
News

Iranian VLCC Delivers Fuel Oil To Singapore, Sanctions Create Difficulties for Oil Traders

SINGAPORE (Dow Jones)–Iran is shipping fuel oil to Singapore using a supertanker from its own fleet as Western sanctions make it difficult for buyers to

March 16, 2012
Total Views: 185

digiplot arpa
Uncategorized

Is Iron Mike The Solution To Ship Efficiency?

New technology solutions set on improving ship efficiency and lower greenhouse gas emissions appear in the inbox of gCaptain editors every week but many of

March 16, 2012
Total Views: 555

Thursday, March 15, 2012
Weekly Piracy Report – BMP Proves Successful in Indian Ocean
Piracy

Weekly Piracy Report – BMP Proves Successful in Indian Ocean

Monthly Incidents by Region – MARCH 8–14 INDIAN OCEAN–EAST AFRICA DEM.REP.CONGO: Refrigerated Cargo Ship boarded on 124 March while anchored

March 15, 2012
Total Views: 49

Assistant Sec’y of State for Political-Military Affairs Talks Piracy, Prevention, and the Use of Armed Guards [TRANSCRIPT]
Piracy

Assistant Sec’y of State for Political-Military Affairs Talks Piracy, Prevention, and the Use of Armed Guards [TRANSCRIPT]

Speaking at a counter-piracy event hosted by the U.S. Chamber of Commerce earlier this week in Washington, D.C., Assistant Secretary of State for Political and

March 15, 2012
Total Views: 30

stolt valor fire john paul jones
Incidents

USS John Paul Jones Rescues Crew from Burning Stolt Valor Tanker [IMAGES]

By U.S. Naval Forces Central Command Public Affairs ARABIAN GULF – Guided-missile destroyer USS John Paul Jones (DDG 53) and U.S. Coast Guard Cutter

March 15, 2012
Total Views: 342

UT 776 CD hyundai PSV 4400 rolls royce
Engineering News

Get Them While They’re Hot…Rolls Royce Receives £45 Million Order for PSVs

Rolls-Royce Marine received an order today from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels

March 15, 2012
Total Views: 104

port elizabeth new jersey shipping terminal containers
Blog

Filling Shipping’s $1 Billion Hole – The Logistical Challenge of Empty Shipping Containers

Empty containers are expensive | Every year Maersk Line spends nearly USD $1 billion related to the shipping of more than 4 million empty dry and reefer

March 15, 2012
Total Views: 265

US Coast Guard – Back on the Small Screen
USCG

US Coast Guard – Back on the Small Screen

Following on the success of “Coast Guard Alaska”, The Weather Channel and Al Roker Entertainment announced a new docu-series to be called

March 15, 2012
Total Views: 55

Orient Overseas Container lines sydney
News

Orient Overseas Plans to Raise Rates Between Asia and Australia

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates for container shipments between Asia and Australia from April 15,

March 15, 2012
Total Views: 61

stolt valor
Incidents

Crewmember Missing After Explosion Rocks Tanker in Persian Gulf

(Dow Jones) Norwegian shipping company Stolt-Nielsen Ltd. (SNI.OS) said Thursday that its Stolt Tankers B.V. unit, operator and owner of MT Stolt Valor,

March 15, 2012
Total Views: 51

Wednesday, March 14, 2012
chevron australia managing director roy krzywosinski
News

Chevron: Near-Term Production Relatively Steady Before Upcoming Australian LNG Boom [VIDEO]

http://www.youtube.com/watch?v=iezL5yzHpMI (Dow Jones) Chevron Corp. (CVX) said Tuesday its oil and gas production will inch up this year but it expects output

March 14, 2012
Total Views: 44

Damen PSV 3300
Engineering News

Petrobras Orders 4 Damen Platform Supply Vessels from Wilson Sons

Wilson Sons Limited, a long time partner with Damen Shipyards, announced today that its joint venture partner Ultratug Offshore signed a contract with

March 14, 2012
Total Views: 172

Viking Lady Going Full Hybrid as FellowSHIP Fuel Cell Project Enters Phase III
Engineering News

Viking Lady Going Full Hybrid as FellowSHIP Fuel Cell Project Enters Phase III

Building on the success of the world’s first high temperature fuel cell power pack installation on board the OSV Viking Lady, the FellowSHIP project

March 14, 2012
Total Views: 147

the love boat
News

The Love Boat Sold For Scrap

Fans of bad TV from the 70’s and 80’s are shedding a tear today on news that one of the world’s most famous ships, the M/V Pacific, has been

March 14, 2012
Total Views: 527

Aztec maiden tbs international
Finance

TBS International Escapes Liquidation, Shareholders Are Left Holding the Bag

TBS International PLC (TBSIQ) responded to shareholder objections of its Chapter 11 plan Monday, saying this restructuring is its only option to avoid

March 14, 2012
Total Views: 115

arctic-helicopter-ship-ops
Offshore

New Helideck Monitoring Systems – Will A Computer Delay Your Next Crew Change?

As offshore drilling operations reaching into deeper water, further from shore, the duration of helicopter flights also increases along with the risk that the

March 14, 2012
Total Views: 103