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three more years for rates to recover: Too many crude carriers in Gulf
The biggest glut since 1996 in the supply of the largest oil tankers means owners will have to wait three more years for rates to recover, Moeller-Maersk A/S.The global fleet of very large crude...
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Chinese Navy: 14th anti-piracy task force - US Navy retains force level
Chinese Navy's missile destroyer "Harbin" fires during the AMAN-13 exercise in the Arabian Sea, March 8, 2013. Naval ships from 14 countries, including China, the United States, Britain and Pakistan,...
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SMYRNI: crude worth $115 M, released with Royal Grace
Panama-flagged MV Royal Grace, a chemical tanker which was captured on March 2, 2012, and the Greek-owned oil tanker Smyrni, seized on May 11, 2012, are heading to Salalah, Oman. Mumbai: Due to...
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Hai Yang Shi You - 981 at Li-Wan 3-1 field
China's first locally-built deepsea drilling rig has returned to work in a South China Sea gas field after almost two months of repairs, according to state-owned rig owner CNOOC.The $1 billion rig Hai...
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Panama losing to Suez Canal, Malacca-Max
Maersk Line will send vessels through Suez Canal that can carry as many as 9,000 20-foot boxes at a time, instead of using two 4,500-box-vessels through Panama Canal. Shipping lines have cut costs,...
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Kulluk- proximate cause of grounding unknown fuel additive?
Something in tug's fuel? On Christmas Day 2012 crews barbecued on the Kulluk deck. But on Dec. 27, the shackle broke and the situation began to worsen.Exactly why the shackle broke is unclear, since it...
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Arctic Sea:Shelley Express at Las Palmas
Shelley Express still at Las PalmasShelley Express, ex Arctic Sea It's ba-ackIn August 2009, the 'hijacked' Arctic Sea was off Las Palmas. Three Russian Il-76 transport planes (each capable of...
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Mavis Marmora Israel agrees to pay for deaths
Meeting a longstanding Turkish demand, Netanyahu apologized for the deaths of nine activists aboard the Turkish ship and promised to pay compensation to their families, according to a statement from...
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Russian Navy: want same deal as Germans in Cyprus
German Defense Minister Franz Josef Jung, center, is welcomed by German UNIFIL soldiers in Limassol, Cyprus, on Saturday, Nov. 4, 2006.British Forces CyprusMoscow wants presence comparable with Germany...
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Eclipse, Bermuda-flag yacht docks at Pier 90, NYC
Vessel's DetailsShip Type: YachtYear Built: 2010Length x Breadth: 163 m X 22 mGross Tonnage: 13564, DeadWeight: 1480 tSpeed recorded (Max / Average): 8.4 / 7.2 knotsFlag: Bermuda [BM] Call Sign:...
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Iran sanctions notwithstanding, China loads crude at Karg Is.
Yuan yang huThe Chinese-owned supertanker Yuan Yang Hu, with capacity to carry two million barrels of crude, called at Iran’s Kharg Island on March 20-21 and is en route to China, shipping tracking...
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USS Freedom: LCS bound for Singapore, nothing to do with North Korea
The U.S.’ littoral combat ship USS Freedom is en-route to Singapore for temporary deployment as part of the country’s recent military shift toward Asia. Such a shift can further strain relations with...
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Kearsarge Amphibious Ready Group (ARG) joins 5th Fleet
- The Kearsarge Amphibious Ready Group (ARG) and 26th Marine Expeditionary Unit (MEU) completed a scheduled transit of the Suez Canal and entered the Red Sea, April 5. Dock landing ship USS Carter Hall...
View ArticleSouth Korean Navy to track any missile launch
Korean media said Han Jun deploy two Aegis-class warships to monitor North Korean missile. Yonhap quoted South Korean military sources as saying, in response to the possibility of North Korea...
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Shipping route through Arctic attracts China
A Chinese shipping firm is planning the country’s first commercial voyage through the Northern Sea Route this summer. For China, the world’s No 2 economy after the United States, the route would save...
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Seahawk the boat bomber hid in removed
FBI removes the boat 1986 Chris Craft 216 Sea HawkAmerica wants to help David Henneberry get a new boat.The Watertown, Mass., resident became a hero when he discovered suspected Boston Marathon bomber...
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Baltic Dirty Tanker Index down John Fredriksen up
John Fredriksen and daughter Kathrine Fredriksen was over 1 billion richer in the past week [1Norwegian Krone equals 0.17 US Dollar]Over the past two years the changing tide of the industry has caused...
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IRISL: new Iran sanctions by U.S. Treasury
Babak Zanjani, chairman of more than 60 companies known as the Sorinet Group of the United Arab Emirates allegedly conspired with First Islamic Investment Bank of Kuala Lumpur, Malaysia as accused...
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Chariot: ship in Syrian arms trouble abandoned?
in Spanish waters"Notification Westberg Management AG, on the procedure for declaration of abandonment of the ship "M / S Chariot" IMD 8302882.Mar 15, 2013 In order to complete the Article 59 of Law...
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Rig activity: deepwater Gulf
activeleased$20 billion will be spent drilling development wells for deepwater projects through 2015. As many as 38 rigs are currently operating in the deepwater Gulf, and another eight rigs that are...
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