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Monday, August 27, 2012
hansa berlin
Incidents

Isaac Claims Containership in Cuban Waters [UPDATE]

Mariners in the Gulf of Mexico region reported to us yesterday of a continual alert being received over distress frequencies off Cuba, one that we have been

August 27, 2012
Total Views: 8

transocean deepwater champion drillship samsung heavy rolls-royce
Engineering News

Shift to Offshore Rig Building Leaves Samsung Heavy with Mountains of Debt

(Bloomberg) — Samsung Heavy Industries Co. plans to offer 500 billion won ($440 million) of bonds next month as South Korean shipyards sell a record

August 27, 2012
Total Views: 14

Sunday, August 26, 2012
m/v mississippi usace
News

$200 Million Being Spent on Mississippi River Dredging May Not Be Enough to Battle Drought

The tow boat Major General John Peabody uses to survey his domain as regional head of the Corps of Engineers couldn’t stop last week in Greenville,

August 26, 2012
Total Views: 162

Isaac Moves Towards Florida, Gulf Watches [UPDATE]
Offshore

Isaac Moves Towards Florida, Gulf Watches [UPDATE]

(Bloomberg) — Tropical Storm Isaac, which has delayed the opening of the Republican National Convention and scrubbed more than 650 flights, is expected

August 26, 2012
Total Views: 9

Saturday, August 25, 2012
#SaveTheArctic – Personal Note from Kumi Naidoo, Executive Director of Greenpeace [VIDEO]
Multimedia

#SaveTheArctic – Personal Note from Kumi Naidoo, Executive Director of Greenpeace [VIDEO]

My name is Kumi Naidoo. I’m from Africa. I’m the executive director of Greenpeace International. I am participating in this action to draw

August 25, 2012
Total Views: 7

Greenpeace Releases Video of Arctic Activism, Gazprom Says Operations Unaffected
Multimedia

Greenpeace Releases Video of Arctic Activism, Gazprom Says Operations Unaffected

MOSCOW–OAO Gazprom (GAZP.RS) said Greenpeace activists who climbed onto its Prirazlomnaya offshore oil platform in the Arctic early Friday are not

August 25, 2012
Total Views: 5

Friday, August 24, 2012
greenpeace gazprom savethearctic
News

Greenpeace Activists Get Ice-Cold Greeting by Russian Drilling Rig Crew

Greenpeace activists scaled OAO Gazprom’s Prirazlomnaya platform in the Arctic to protest drilling plans on Russia’s first major oil project in the

August 24, 2012
Total Views: 7

intermarine industrial freedom
News

“Technically Bankrupt”…Heavy Shipping Poised for Takeovers as Financing Fades

Shipping lines that carry generators and giant trucks for General Electric Co. and BHP Billiton Ltd. are becoming takeover targets amid a lack of funding for

August 24, 2012
Total Views: 83

Thursday, August 23, 2012
crude oil tanker sunset
News

Crude Buyers in Asia to Cut West African Imports

Asian refiners will reduce imports of West African crude in September by 9.4 percent from August to near the lowest level this year, a survey of six traders

August 23, 2012
Total Views: 8

hnlms evertsen dutch frigate maersk
Defense

Ship Photo of the Day: HNLMS Evertsen Showing Off in the Gulf of Aden

HNLMS Evertsen (F805) a Dutch De Zeven Provinciën-class frigate conducts a high speed turn while operating in the Gulf of Aden. Powered by

August 23, 2012
Total Views: 117

Somali Pirate Short Film – ‘Fishing Without Nets’
Interesting

Somali Pirate Short Film – ‘Fishing Without Nets’

‘Fishing Without Nets’ is an interesting short film on Somali pirates. While it is a fictional story shot in Kenya, you’d probably believe it

August 23, 2012
Total Views: 25

Wednesday, August 22, 2012
hapag-lloyd
News

Container Lines Are Losing the Price Battle on Multiple Fronts

The world’s container lines can’t raise freight rates fast enough to cover soaring fuel prices as persistent overcapacity works against the

August 22, 2012
Total Views: 22

iron ore bulk carrier
News

Iron Ore Trade Set to Pick Up as China Seeks Cheaper Imports

A plunge in iron ore prices and shipping costs means it’s cheaper for Chinese steel mills to buy the material from Brazil more than 8,000 nautical miles

August 22, 2012
Total Views: 13

Tuesday, August 21, 2012
MSC Flaminia Heading Home
Interesting

MSC Flaminia Heading Home

More than a month since erupting in flames and smoke while 1,000 miles from land in the Atlantic ocean, the MSC Flaminia has been granted access to a

August 21, 2012
Total Views: 14

wheatstone chevron australia

Shell and Chevron Swap Multi-Billion Dollar Stakes in Australian LNG Projects

  SYDNEY–Chevron Corp. (CVX) and Royal Dutch Shell PLC (RDSB) agreed Monday to swap stakes in two multibillion dollar natural gas projects in

August 21, 2012
Total Views: 14

OSG independence overseas shipholding group
Finance

With 13 Straight Quarters of Losses, Overseas Shipholding Needs a Loan in a Hurry

Overseas Shipholding Group Inc. is running out of cash and must renegotiate a loan agreement as an industrywide slowdown and rejection of a federal debt

August 21, 2012
Total Views: 16

Nordon’s Fleet of Handymax Bulkers are Outperforming Ships Twice their Size [REPORT]
News

Nordon’s Fleet of Handymax Bulkers are Outperforming Ships Twice their Size [REPORT]

(Bloomberg) — D/S Norden A/S, Europe’s biggest commodity shipping company, is poised for a second consecutive quarterly profit after concluding

August 21, 2012
Total Views: 39

Monday, August 20, 2012
Aker pennsylvania product tanker jones act
Engineering News

Big Win for Aker Philadelphia, Crowley Signs $250 Million Contract for Pair of Jones Act Tankers

Aker Philadelpha Shipyard (Oslo: AKPS) breathed a huge sign of relief today as it signed a contract with Jacksonville-based Crowley Maritime Corporation for

August 20, 2012
Total Views: 22

australian dollar bills
Finance

Chevron’s Australian Currency Hedge May be Looking Like Sheer Brilliance

Chevron Corp. (CVX) may end up getting a better deal Down Under than it bargained for. Chevron owns a 47% stake in Australia’s 43 billion Australian

August 20, 2012
Total Views: 46

DSME daewoo shipbuilding south korea shipyard
News

Offshore Sector Continues to Sustain Shipyards as DSME Wins $1.96 Billion Platform Order

(Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. won a 2.22 trillion won ($1.96 billion) order to build five fixed platforms as rising

August 20, 2012
Total Views: 8
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