'Governments Must Act to Save Thousands of Migrants'
The humanitarian crisis in the Mediterranean Sea is spiralling out of control. EU Member States must act urgently to prevent the loss of thousands more lives, as…
‘Blue Queen’ on First Mission
The platform supply vessel 'Blue Queen', an ULSTEIN PX121 design, was named at Ulstein Verft on Friday 27 February. The ship will be working in the spot market.
US, Australian, Indonesian Navies Commemorate Battle of Sunda Strait
Senior officials from the United States, Australia and Indonesia paid their respects to the crews of USS Houston (CA 30) and HMAS Perth (D 29) during a wreath laying ceremony March 1…
Rotterdam Port Receives Largest Box Ship
The MSC Oscar arrived on Tuesday (yesterday) at the APM1 terminal in Rotterdam. With a capacity of 19,224 TEU (20-foot containers), the 396 meters long and 59 meters…
USS Jason Dunham Enters U.S. 6th Fleet
The Arleigh Burke-class guided-missile destroyer USS Jason Dunham (DDG 109) entered U.S. 6th Fleet’s area of operations in support of U.S. national security interests in Europe March 3, 2015.
Shipping Contributes $164bln to EU
The European Community Shipowners' Associations has released the results of a recent update of an Oxford Economics study on the economic value of the EU shipping…
Genting Acquires Crystal Cruises
Crystal Cruises has been sold for $550 million to the owner of Asia's largest cruise line and a major shareholder of Norwegian Cruise Line. Crystal's parent company…
Africa Should Tap its Maritime Resources: IMO
The huge potential of the oceans and the maritime industry to assist in the development of the African continent has already been noted, International Maritime Organization…
UAE Shipping Delegation to Meet with Greek Counterparts
A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi…
VesselVanguard Partners with Hatteras Yachts
VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution to…
Fiji Maritime Academy Bullish on Prospects
The Fiji Maritime Academy (FMA) is on the right track to become one of the finest maritime training institutions in the region. It has also achieved an important…
Ghana-Ivory Coast Maritime Dispute Mar Tullow
A dispute over maritime boundaries between Ghana and Ivory Coast is damaging Tullow Oil, which risks postponement of its TEN project in the waters off Ghana's coastline.
Rescue 21 Achieves 'SOLAS' Declaration from DHS
The U.S. Coast Guard is declaring 'Sea Area A1' service in certain areas off the coast of the United States based on the performance of the General Dynamics-built Rescue 21 system.
EC Study on LNG as Shipping Fuel Reveals Industry Backing
As efforts to combat climate change increase worldwide, pollution stemming from maritime shipping presents a particular challenge. The study on the perception of…
Newlead Bags Panamax COA
NewLead Holdings Ltd. announced today that it has entered into a Contract of Affreightment for one of its dry bulk vessels, the Panamax Newlead Markela, for the transportation…
Carnival Cruise Line Shuffles Ships
A few weeks after Carnival Cruise Line announced plans to move the Carnival Liberty and Breeze to Galveston, the cruise line announced the future homes of the Carnival Triumph…
Winter in US Northeast Takes a Toll on Ferries
With its black hull rumbling against a field of broken ice, the Warren Jr. slowly eased away from a dock in the Boston suburb of Hingham on Tuesday, aiming to clear a path for some of the four ferries that carry commuters from here into the city each day. But in a sign of how long Massachusetts has been gripped by freezing temperatures, no other vessels followed, as the tide narrowed the channel behind the oceangoing supply boat pressed into service as an icebreaker.
Shipping Industry Faces Shake Up
As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate a restructuring of the shipping industry. Private equity invested tens of billions in global shipping after the 2008 financial crisis, but weaker Chinese demand and an oversupply of ships has driven down freight rates and caused firms to idle vessels and in some cases file for bankruptcy.
Gulf of Mexico Oil Production on the Rise
Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016. EIA projects GOM production to reach 1.52 million barrels per day (bbl/d) in 2015 and 1.61 million bbl/d in 2016, or about 16% and 17% of total U.S. crude oil production in those two years, respectively. The…
USCG Marine Safety Alert
The U.S. Coast Guard issued a marine safety alert today to remind all gas carrier owners and operators to ensure that all personnel follow approved Safety Management…