2014 Maritime News

OW Tanker Taken Over By Newly Created Company

Nov 26, 2014

OW Tanker, a unit of bankrupt OW Bunker and owner of its marine fuel supply ships, has been taken over by a newly-created company, the fleet manager told Reuters on Wednesday.

Seacor Takes Delivery of 10,800 HP Crewboat

Nov 26, 2014

Seacor Marine is building ever larger and more powerful mono-hull crew/supply boats. The first of these to be delivered is the 202x34-foot Alex F. McCall with some very impressive statistics.

Diana Extends Containership Time Charters

Nov 26, 2014

Diana Containerships Inc. announced direct continuation of time charter agreements for m/v Cap Domingo and m/v Cap Doukato   Diana Containerships Inc., a global

MSC Approves SOLAS Amendments

Nov 26, 2014

SOLAS amendments to make IGF Code mandatory approved by Maritime Safety Committee   The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC),

Chile Mining Sector to Double Energy Demand by 2025

Nov 26, 2014

Chile's sprawling mining industry, responsible for around a third of global copper output, is set to nearly double its electricity use by 2025 as multibillion-dollar investments come to fruition,

BIMCO to Develop Standard Term Sheet for Ship Finance

Nov 26, 2014

BIMCO announced its intention to develop a standard term sheet to assist the shipping industry in the creation of ship financing documentation.    The aim of

OPEC's Other Problem: Weak Demand

Nov 26, 2014

By now, everyone is aware of the serious threat rising shale output from the United States poses to OPEC. But sluggish demand growth in response to the quadrupling

Russia, Turkey Discuss Price for Raising Gas Supplies

Nov 26, 2014

Russia has yet to agree a price with Turkey over its planned increase in gas supplies to the country, officials said on Wednesday, as Moscow tries to diversify

Kings Point Student Earns NMRA Scholarship

Nov 26, 2014

The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades.

U.S. Crude Inventories Rise More Than Expected

Nov 26, 2014

U.S. crude stocks rose more than expected last week, while gasoline stocks increased and distillate inventories fell, data from the Energy Information Administration showed on Wednesday.

Lukoil to Raise 3 yr Loan From Sberbank

Nov 26, 2014

Lukoil, Russia's second largest oil producer, said on Wednesday it had signed an agreement with Sberbank to raise a loan worth 63 billion roubles ($1.34 billion).

WRRDA: Clearing the Channel for P3 Projects

Nov 26, 2014

A Creative Combination for Financing Inland Waterways Infrastructure Earlier this year, the U.S. maritime industry in general, and the inland waterways industry in particular,

Cold Weather Boosts Spot, Near Curve Prices

Nov 26, 2014

Colder weather in the region pushed central European day ahead prices higher on Wednesday, offsetting a rise in renewables, traders said. Czech electricity for

Choosing the Best Financing Proposal

Nov 26, 2014

It isn’t always about the rate. In a robust boatbuilding market – like the one we see now – even the most successful, financially stable operators need to borrow.

Night Moves on America's Waterways

Nov 26, 2014

Overnight operations are certainly not unusual on America’s inland waterways, but that doesn’t make them any less hazardous. Onboard activities that seem so straightforward

Production Begins on Sovcomflot’s New MPSV

Nov 26, 2014

Arctech Helsinki Shipyard started production of the new icebreaking multipurpose supply vessel   The production of the icebreaking multipurpose supply vessel

UniMarine Opens Office in Greece

Nov 26, 2014

UniMarine has opened a new office UniMarine South Europe & Mediterranean. Located in Piraeus (Greece), the office will service the Southern European and Mediterranean region,

A Classic Repower

Nov 26, 2014

The tug Falcon was built by Modern Marine Inc. in 1978. In the intervening years, companies that employed her have changed hands a number of times until 2013 when Vane Line Bunkering of Baltimore,

Fourth Rig Delivered to Perforadora Central

Nov 26, 2014

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.

Stena Bulk Joins World Ocean Council

Nov 26, 2014

Stena Bulk reports it is the first Swedish shipping company to join the World Ocean Council (WOC), a global organization that converges a diverse range of maritime

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