Maritime Industry Top News
Titan Maritime Rolls Out The Bunker In Portugal
Titan Maritime recently completed a wreck removal of M/V Coral Bulker in Viana de Castelo, Portugal. The 28,454-dwt bulker went aground with a cargo of wood chips…
Shipbuilding R&D Supported
The National Shipbuilding Research Program Advanced Shipbuilding Enterprise (NSRP ASE) announced last month the selection of four new research projects as part of…
Shipping Internet: Where Next?
The shipping dot.com epidemic will not be remembered for its abundance of straight talk. However, one unusually candid comment from a fraught CEO has stuck. If insiders…
Reefership Within A Containership
Embodying a multi-tweendeck section for fresh farm produce in a hull otherwise given over to containers, a new generation of vessels for the Israeli fruit and vegetable…
Editor's Note
When two-year-old Janet McAllister christened her namesake in New York last month — the 5,000-hp, Eastern Shipbuilding-built Janet M. McAllister — a resurgence of…
Two Ships Break Down Off Australia
Two ships have broken down in Australian waters on Wednesday, with the larger of the two being buffeted by treacherous conditions in Bass Strait. The 44,000 deadweight…
Sri Lanka Declared War Risk Zone, Shipowners to Pay
Sri Lanka said Lloyds of London has declared the country as a war-risk zone which could result in hefty surcharges for ships entering the country's main port and hurt the trade-dependent economy.
HDW Emerges as Successful Bidder for Shipyard
Hellenic Industrial Bank (ETBA) was outperforming the Athens bourse on expectations it will soon sell its majority stake in Skaramanga shipyards, analysts said.
Shipping on Danube Slated For Spring 2002
Regular shipping on the river Danube will not resume before the spring of 2002, following the removal of NATO bombing debris from the river in Serbia, the head of the Danube Commission…
Janet M. McAllister Welcomed To NY
It’s ironic that New York City’s most powerful tugboat is named after two year old Janet M. McAllister, who, dressed smartly in a sailor suit, christened her namesake…
BP To Explore Angola's Ultra-Deep Waters This Fall
Oil major BP intends to be the first to drill in Angola's ultra-deep waters this October, a senior company official said. "We plan to drill in block 31 towards the end of October…
Petrotin Moves Ahead With Offshore Exploration Joint Venture
Venezuela has given the state-owned Petroleum Company of Trinidad and Tobago, also known as Petrotrin, approval to enter a joint venture to explore an offshore oil…
Enterprise Containership Detained; Repayment of $175 Million Bond Forced
Bondholders who financed the shipping company Enterprises Shipholding, said on Tuesday they had arrested one of the company's newest containerships, the Ocelotmax…
Sunken Ship Still Leaking Oil in Saudi Coast
A ship that sank in the Gulf this week while apparently smuggling Iraqi crude oil is still leaking and an Iranian team has been sent to clean up the spill, a regional…
Chiles Offshore Signs a Three-Year Contract With BP
Chiles Offshore has executed a three-year contract with BP Trinidad and Tobago LLC for the use of the ultra-premium jackup drilling rig the Chiles Coronado, formerly known as Tonala.
Clean Tanker Market Stagnant
Conflicting forecasts were circulating in the Asian clean tanker market during the ninth week of stagnant trading, brokers said. "Next week there's plenty of ships but there's nothing prompt…
Low Emission Ships Aid Statoil
Statoil said savings in acid-rain-causing nitrogen oxide (NOx) from two new low-emitting ships would allow it to meet its NOx emissions reduction targets from one new power station.
Cammell Laird Cuts 42 Jobs
The cuts at the company's Birkenhead plant in northern England, will leave 150 workers at the yard. Cammell plans to mothball all three of its British yards. At…
Shipyard Fire Kills Four
Hyundai Mipo Dockyard, one of South Korea's smaller shipbuilders, said police were investigating a fire that killed four workers on a ship being built in Ulsan, southeast of Seoul.
Judge Cuts Alaskan Cruises
A federal judge has ordered the National Park Service to reduce cruise-ship sailings immediately in Glacier Bay National Park, one of Alaska's top tourist destinations.