Maritime Industry Top News
Star Bulk Carriers to Buy Oceanbulk
Star Bulk Carriers Corp said it would buy Oceanbulk Shipping LLC and Oceanbulk Carriers LLC in an all-stock deal to create the largest U.S.-listed dry bulk shipper. Star Bulk is issuing 54.104 million new shares to buy the Oceanbulk companies, valuing the deal at about $653 million based on Star Bulk's Friday close of $12.07. The deal comes as the global dry bulk shipping industry is poised to recover from a severe downturn…
Fuel Savings Confirmed by Ships on ABB DC Grid
ABB say that the first documented results from Onboard DC Grid vessel confirm considerable fuel and noise reduction through the use of its Onboard DC Grid, where…
Gothenberg Port Offers GAC HullWiper Service
Ship service provider GAC inform that Gothenburg is the latest port to be added to the growing GAC EnvironHull network of bases offering HullWiper, its eco-friendly…
Norway's PM at DNV GL 'Double Milestone' Dinner
To mark the 150th anniversary of the Foundation Det Norske Veritas (DNV) and the one year anniversary of its merger with Germanischer Lloyd (GL), DNV GL says events attended by dignitaries…
Burning Low-sulphur Marine Fuels: Technical Advice
Typical technical problems experienced by shipowners when they are required to use low-sulphur fuels include issues with the supply and storage of lowsulphur fuel…
New Zealand Mulls Ocean Floor Mining Proposal
New Zealand decides this week whether to approve an underwater iron-ore operation that would likely become the world's first commercial metals mine at the bottom of the sea.
Somali Pirates Finally Release 'Albedo' Crew Hostages
The International Transport Federation (ITF) informs that 11 seafarers held hostage by Somali pirates for over three and a half years have finally been released…
Bulker Fuel Oil Spill Clean-up Off Norfolk Va. Continues
The US Coast Guard says it continues to monitor clean-up efforts in the Elizabeth River at Lambert's Point in Norfolk. The National Response Center contacted Coast…
France Expects Better GE Offer For Alstom
France expects General Electric to boost its bid for Alstom's power unit in response to a potential joint offer from Siemens and Mitsubishi Heavy Industries, Finance…
Long Beach Port Offers Discounts To Attract Cargo, Clean Air
The Long Beach Board of Harbor Commissioners has given preliminary approval to two incentives that officials expect will bring additional cargo to the Port while…
KNOT Offshore Charters Out Crude Oil/Shuttle Tankship
KNOT Offshore Partners LP say they have fixed with Brazil Shipping I Limited (an affiliate of BG Group) the time charter of the crude oil/shuttle tanker 'Windsor Knutsen'.
2nd Shipment Of Gates Arrive At Panama Canal
In another step forward for the Panama Canal Expansion Program, the second shipment of four rolling gates for the Third Set of Locks arrived today from port of Trieste…
Power Producing Roof Revamps Australian Homes
A clever new renewable energy solution combining COLORBOND® pre-painted steel sheet roofing with cutting-edge, thin-film solar panels is set to provide Australian homes with a streamlined…
Germany Could Stop RWE Unit Sale
Germany's Economy Ministry is investigating whether to block the sale of RWE's oil and gas unit DEA to a group of investors led by Russian tycoon Mikhail Fridman, a spokeswoman said.
Micanti Wins Dutch Chamber's SME Innovation Award
Micanti has won the Dutch Chamber of Commerce’s SME Innovation Top 100 Award. The Dutch maritime technology company Micanti has won the award for its design of a…
Akkas Gas Field Development Hit By Iraq Crisis- KOGAS
Development of Iraq's Akkas gas field has been delayed because of the latest crisis in the OPEC member nation, South Korea's energy ministry said on Sunday, quoting project owner Korea Gas Corp.
USCG Rescues 2 After Boat Capsizes Near Kiptopeke Park
The Coast Guard rescued two people Sunday who were reported missing after their 21-foot fishing boat sank approximately a mile west of Kiptopeke State Park. Rescued were Bonatacio Montalvo…
Navantia Ship Delivery To Algeria After Modernization
Navantia delivered the Algerian Navy ship BDSL 473 Kalaat Beni Rached, after the repair, modernization and life extension, repairs undertaken by Navantia Ferrol.
US Navy Awards Contract To Dismantle Constellation
The Navy competitively awarded a contract to International Shipbreaking Limited of Brownsville, Texas, for the towing, dismantling and recycling of conventionally…
Head Of U.S. State Department's Energy Office To Step Down
The head of the State Department's office in charge of energy diplomacy will step down in August after playing a key role in getting countries such as China, India and Japan to…
