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BG Secures U.S. LNG Rights
Britain's BG Plc secured rights to deliver liquefied natural gas (LNG) through one of only two functioning import terminals serving booming U.S. energy markets.
Japan: Advanced procedures sustain industry in turbulent markets
Japan retains its perch atop the world commercial shipbuilding heap, although its position grows increasingly precarious with the continued emphasis on shipbuilding…
25 Lost In Ferry Mishap
Twenty-five people are feared dead after their boat sank off the east coast of Madagascar last week, including 18 players and officials from a local soccer club and two Frenchmen.
Clearing Danube of Bridge Debris A Priority
Clearing the Danube of bombed bridges and helping Serbia get through the winter are priorities for a Balkan stability pact, Bodo Hombach, the head of the European Union's reconstruction plan said…
Norway's Oil Firms Address Millennium Issues
Oil firms in the final stages of testing for possible millennium disturbances on Norway's offshore oil and gas platforms say they are confident there will no major mishaps at midnight on December 31.
Australian Family Uninjured In Pirate Attack
Pirates sprayed bullets into an Australian family yacht near the coast of Yemen and the holidaymakers were eventually rescued by a Saudi Arabian oil tanker, one of the victims said.
Quick Modification of Offshore Jack-Up Drilling Rigs
Bollinger Fourchon, LLC, a subsidiary of Bollinger Shipyards, demonstrated its ability to modify or repair offshore jack-up drilling rigs quickly and cost effectively…
Strategic Challenges LevelSeas for Top Spot In E-Brokering Arena
A new and formidable player emerged in shipping's e-broking sector this week to challenge the previously undisputed market leader LevelSeas, which is still more…
Iceberg Poses Threat To Mariners In Southern Ocean
A large iceberg has entered shipping lanes between the Antarctic Peninsula and South America. The iceberg, named B-10A, measures 24 by 48 statute miles and could…
Peggy Jo: A Family Tradition
When pioneering king crab fisherman Oscar Dyson of Kodiak had Jensen-designed 99 ft. Peggy Jo built back in 1966, Pacific Fisherman hailed her as "the first U.S.
Tanker Rates Strengthened Slightly In Middle East, Asia
Freight rates for Korea-bound VLCCs out of the Middle East joined those for Japan in hitting W50 by Sept. 3, brokers said. At least one fixture of W50 was reported for Korea…
SS&Y's Pacific Capesize Index Fell 16 Points
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 16 points to 3,250 in the week ending Sept. 20. "The Pacific Capesize index had a disappointing 16 point fall this week…
Palmer Johnson, Atlantic Dry Dock Team Up
Palmer Johnson Savannah and Atlantic Dry Dock Corp. have entered into a joint effort via a letter of intent for the establishment of Palmer Johnson @Atlantic (PJA)…
Newport News Takeover Far From Being Finalized
The U.S. Defense Department wants more data from rivals for the $2.1 billion takeover of Newport News Shipbuilding Inc. and may still be weeks or months away from…
Statoil Refuses Russian Fuel Oil Cargo
Norwegian state oil and gas company Statoil rejected a Russian fuel oil cargo that breached hydrogen sulphide limits, a toxic gas, currently anchored in Rotterdam.
Lawrence Graham Urges Swift Action On Problem Deals
Lawrence Graham says shipping companies caught up in disputes involving insolvency and receivership need not come away from the table empty-handed, provided the dispute is handled correctly.
Rigs Back on After New Unexplained Brazil Oil Spill
Petrobras put 12 offshore oil rigs back into operation on May 26 following a stoppage on two days earlier that was due to a second unexplained oil spill in a week, officials said.
Houston Ship Channel Reopened
The U.S. Coast Guard reopened the Houston Ship Channel on a limited basis Monday, after the primary transport route in and out of the city's large oil refining…
A.P. Moeller Dips On News
A.P. Moeller fell around four percent on Thursday as news of a production halt and talk of higher tax continued to scare away investors, brokers said. Furthermore…
Separatist Group Had Planned to Bomb British-Bound Car Ferry
The Basque separatist group ETA planned to set off a car bomb aboard British-bound ferry Val de Loire, but the activists in charge of the attack were reportedly captured by Spanish police last week.
