Baltic Index Gains on Stronger Rates for Panamax, Smaller Vessels
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for second consecutive…
Asia Tankers-VLCC Rates Supported by Floating Storage
Trafigura hires five VLCCs to store oil; short-term storage a profitable play. Freight rates for very large crude carriers…
US Coast Guard Shipwreck Found – 100 Years Later
The shipwreck remains of a historic U.S. Coast Guard cutter have been discovered off of Southern California 100 years after…
Vard to Build Expedition Ship for Norway industrialist
Vard Holdings, a designers and shipbuilder of specialized vessels, announced that it has secured a contract for the design…
Harvey Gulf Charters Harvey Deep-Sea Through 2018
Harvey Gulf International Marine has announced that it has secured a charter extension for the MPSV Harvey Deep-Sea through December 31, 2018.
SeaBird in Debt Restructuring Proposal
SeaBird Exploration will propose to its bondholders and certain of its other creditors a debt restructuring of the SeaBird…
DNV GL Bags Maersk Oil's Tyra Verification Service Contract
DNV GL has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra field, offshore Denmark.
Shipping Industry Submits Ambitious CO2 Reduction
Four major international trade associations – BIMCO, INTERCARGO, International Chamber of Shipping (ICS) and INTERTANKO…
US Built Refrigerated Liquefied Gas Carrier Launched
New ATB tank barge will transport up to 22,000 tons of American-made anhydrous ammonia (NH3), a key ingredient in fertilizer U.S.
Autonomous Workboats: The Future is Now
Sea Machines is bringing autonomous self-driving systems to the world of workboats. At an impressive virtual reality demonstration seen late last
An Hour Passed before Japan Authorities were Notified of Fitzgerald Collision
Nearly an hour elapsed before a Philippine-flagged container ship reported a collision with a U.S. warship, the Japanese coastguard said on Monday
SHIPS Act: 355 Ship Navy Gets Legislative Mandate
The push to rebuild the U.S. Navy received a boost today when U.S. Senator Roger Wicker, R-Miss., and Congressman Rob Wittman, R-Va.