News

Demand for Container Shipping Outstripping Supply

Demand for Container Shipping Outstripping Supply

The demand side for container shipping continues to improve on a global scale

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Stabbing Incident aboard Bulk Carrier off Delaware

Stabbing Incident aboard Bulk Carrier off Delaware

The U.S. Coast Guard has recovered the body of a man who is believed to had jumped overboard on Thursday

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Nordana Returns to Taizhou Sanfu for More

Nordana Returns to Taizhou Sanfu for More

Danish owner Nordana has ordered eight multiputpose (MPP) heavy lift vessels from Taizhou Sanfu Ship Engineering.

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Seadrill, Rosneft Deal Moves Ahead Despite Sanctions

Seadrill, Rosneft Deal Moves Ahead Despite Sanctions

North Atlantic Drilling Ltd., a subsidiary of Seadrill, has announced that 6 binding offshore contracts

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EXMAR: VLGC Market Levels Historically High

EXMAR: VLGC Market Levels Historically High

The VLGC market has reached and is maintaining historically high levels,

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Ardmore Overturns Loss

Ardmore Overturns Loss

New York-listed tanker owner Ardmore recorded a net profit of $100,000 for the three months

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UPDATE 1: Buyer of Kurdish Oil Revealed

UPDATE 1: Buyer of Kurdish Oil Revealed

Chemicals firm LyondellBasell has been revealed by Reuters as the mystery American buyer of Kurdish crude oil this year.

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Wärtsilä net sales down 2%

Wärtsilä net sales down 2%

Wärtsilä has reported a 9% order intake increase to €1163 million throughout Q2 2014, while net sales decreased 2% to €1132 million throughout the second quarter.

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Alstom wins €320m contract to supply wind turbines in Brazil

Alstom wins €320m contract to supply wind turbines in Brazil

Alstom has secured a contract from Renova Energia to supply turbines for the Umburanas wind farm complex in Bahia State, Brazil.

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Video: Costa Concordia’s Final Voyage Set for Wednesday

Video: Costa Concordia’s Final Voyage Set for Wednesday

The long-awaited removal of the Costa Concordia wreck from Giglio Island will have to wait for yet another day

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Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield ASA, the Oslo-based shipowner, has placed orders for three LEGCs

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Sewol Owner Found Dead in Plum Field

Sewol Owner Found Dead in Plum Field

South Korean police has reported finding the body of the fugitive billionaire wanted over April’s

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Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch

Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch

The International Chamber of Shipping (ICS) is encouraging the Paris Memorandum of Understanding on Port State Control

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SCPA Boasts Solid Figures

SCPA Boasts Solid Figures

South Carolina Ports Authority (SCPA) has reported a strong finish for the 2014 fiscal year with 8 percent container growth, an increase of 2 percent over projected plans.

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19 Migrants Die off Lampedusa, Italy

19 Migrants Die off Lampedusa, Italy

The Italian Navy has disclosed that nineteen people died in an effort to reach Italy

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Saipem Seals Conversion Deal for Two VLCCs

Saipem Seals Conversion Deal for Two VLCCs

Saipem SA, France has signed a Floating Storage Production Offloading

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Warming Planet Sees Ever Rising Sea Levels

Warming Planet Sees Ever Rising Sea Levels

In 2013, the vast majority of worldwide climate indicators—greenhouse gases, sea levels, global temperatures, etc

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Barge Sinks off Batam, Kills Three

Barge Sinks off Batam, Kills Three

A Singapore-registered barge POSH Mogami sank 2 nautical miles northeast of Sekupang, Batam Island Indonesia

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Russia Reveals Sabetta Port Construction Contractors

Russia Reveals Sabetta Port Construction Contractors

The Russian Government has appointed USK Bridge and Mezhregiontruboprovodstroy

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