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At the Rudolf Schepers shipping line based in Elsfleth in the Oldenburg region, shipping is a business with traditions. While the owners' grandfather sailed on inland waterways…

10 Jan 2003

Offshore:Offshore SCORE Drops in November

GlobalSantaFe Corp. reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for November 2002 was down from the previous month's SCORE by 1.0 percent.

06 Jan 2003

STX Shipbuilding Gets $350M Order

STX Shipbuilding Co. of South Korea has received a $350 million order to build petrochemical product carriers from U.S.-based B&H Co. STX will build 12 46,000 dwt…

20 Dec 2002

M.V. !Gariep Arrives at Tyneside

The M.V. !Gariep has arrived at A&P’s Tyneside Hebburn Conversion Facility. The vessel departed Cape Town, South Africa on November 20 and will arrive Tyneside on December 23…

17 Dec 2002

Offshore SCORE Drops in November

GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for November 2002 was down from the previous month's SCORE by 1.0 percent.

02 Apr 2003

Feature: World Offshore Drilling Activity: A 5-Year Outlook

The following is an outline of some of the key conclusions of the "The World Offshore Drilling Report 2003-2007" recently published by energy analysts Douglas-Westwood.

13 Dec 2002

Transas Continues VTS Expansion

Transas recently received two orders from the Namibian Ports Authority (NAMPORT) for Vessel Traffic Services (VTS) systems to be installed in two Namibian ports, Walvis Bay and Luderitz.

06 Dec 2002

Deepwater Development Dollars to Double

Deepwater field development expenditure is forecast to continue its strong growth trend, doubling over the next five years. Launching the latest edition of 'The…

13 Aug 2001

Dead Stowaways Found Onboard Panamanian Cargo Ship

Two dead stowaways were found on Monday in the cargo hold of a ship, which docked in the northwestern port of La Coruna on a voyage from west Africa, the local port authority said.

02 Jul 2003

Bollinger Delivers Supply Boat to Seacor

Bollinger Shipyards Lockport, La., has delivered the Seacor Madison, the first of three 207-ft., 4750 BHP supply boats to Seacor Marine, Inc., Houston, Tex. It will…

07 Jul 2003

Feature: Family Tradition

About a year ago MarineNews debuted an article on the "First Families" of the oil patch featuring the Graham, Chouest and Candies families. We continue this series…

24 May 2006

Survey: Box Carriers Fall Short on Reliability

Despite claims that most containerships operate on fixed-day weekly schedules, over 40% of vessels operated in liner services arrive one or more days late, according…

21 Feb 2003

ABS Tapped for West Africa Field Developments

Floating production is the system of choice for all deepwater developments off West Africa to date. The combination of no pipelines, huge reservoirs and benign climate…

17 Dec 2002

GulfMark Files $250M Shelf Registration

GulfMark Offshore, Inc. (Nasdaq:GMRK) announced it has filed a $250 million shelf registration statement on Form S-3 with the Securities & Exchange Commission to…

18 Nov 2002

ABS Offshore Tapped for West Africa Field Developments

Floating production is the system of choice for all deepwater developments off West Africa to date. reservoirs and benign climate conditions equals the use of floating production…

21 May 2001

Tanker Rates Collapse At Week End

Tanker rates collapsed towards the end of last week as owners rushed to fix cargoes and move their Very-Large-Crude-Carriers (VLCCs) away from the Mideast Gulf where…

16 Aug 2001

Steamship Historical Society Honors Ships, People

The Ship of the Year Award honors a vessel that has made or is making a major contribution to the purpose of the society. The winner of the 2000 award is the Independence of American Hawaii Cruises…

10 Dec 2002

Seascan Expands Overseas Market

Seascan has extended their presence in the overseas market by appointing two new distributors. Radio Holland South Africa is established in the African market and…

24 Jan 2003

ISH: Steel Import Sanctions Hurt 4Q Earnings

International Shipholding Corp., in announcing its fourth quarter results yesterday, noted that while fourth quarter results were improved from the third quarter…

23 May 2001

The Rich Get Richer

Shipping magnate John Fredriksen is Norway's richest man, his tanker company Frontline is the world's biggest, and now his week-old gas transport venture Golar…

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Maritime Piracy

Posted to Maritime Reporter on November 20, 2023

The maritime piracy menace is an old one, but it continues to be a significant threat to the global trade and security of the seas. Piracy is a major challenge today, despite concerted efforts by international organizations to combat this illegal activity. New developments and persistent threats are shaping the current landscape.

Houthi Rockets Wreak Havoc on Middle East Container Shipping

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on January 17, 2024

As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter TV the cost of the crisis as well as shipping strategies to consider now.

Narco-Submarines: The Hidden Depths of Drug Trafficking

Posted to Maritime Reporter on July 29, 2024

Narco-submarines, the clandestine vessels used by drug traffickers, represent one of the most sophisticated and elusive methods of smuggling drugs across international waters. These semi-submersible and fully submersible crafts are a testament to the ingenuity and resourcefulness of criminal organizations in circumventing law enforcement efforts. This article delves into the history, construction, operation, and interdiction of narco-submarines, highlighting their impact on global drug trafficking.

Drug Smuggling on Ships and Submarines: An Escalating Threat

Posted to Maritime Reporter on July 29, 2024

Drug smuggling has long been a lucrative enterprise for criminal organizations worldwide. With the increasing sophistication of law enforcement agencies and border controls, smugglers are continuously adapting their methods. One of the most challenging trends to combat is the use of ships and submarines to transport illicit drugs across international waters. This article explores the methods, routes, and challenges associated with maritime drug smuggling.

Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.

Posted to Maritime Reporter on May 3, 2024

Shipping group Maersk raised its full-year earnings guidance after reporting first-quarter incomes on Thursday, citing strong demand and higher freight rates as ships cruise for longer to avoid dispute in the Red Sea.The business, viewed as a barometer of world trade…

Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East

Posted to Maritime Reporter on March 5, 2024

War tensions in both Ukraine and the Middle East have had an increasingly disruptive effect on the global shipping market. As the ongoing conflicts in these regions continue, the impact has had a butterfly effect on maritime trade, shipping routes…

Maritime Piracy in the Horn of Africa:

Posted to Maritime Reporter on July 26, 2024

The Horn of Africa, strategically positioned at the nexus of global trade routes, has long faced the specter of maritime piracy. The waters off Somalia, in particular, have been notorious for piracy incidents that have disrupted international shipping, imperiled seafarers, and prompted multinational military responses. This region's unique combination of socio-economic, political, and geographic factors has engendered a breeding ground for modern piracy, posing complex challenges for the international community

Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea

Posted to Maritime Reporter ( by Maritime Reporter & Engineering News / Reuters ) on May 21, 2024

In a chilling televised address, Abdulmalik al-Houthi, the leader of Yemen's Iran-backed Houthi rebels, has issued a dire warning to the world: all vessels bound for Israeli ports, regardless of their location, will now be considered legitimate targets.

Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck