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Maritime News
Updated: 11 hours 36 min ago

Two Killed After Mooring Line Snaps at Port of Longview, Washington

Mon, 07/02/2018 - 12:59
Two people were killed when a vessel’s mooring line snapped at the Port of Longview in southwestern Washington state last Thursday. The accident occurred as the Panama-flagged bulk carrier M/V Ansac Splendor was mooring at port early on June 28. “As a vessel attempted to move along the dock from one loading hatch to another, […]
Categories: Maritime News

Seadrill Emerges from Chapter 11

Mon, 07/02/2018 - 12:48
Offshore drilling contractor Seadrill Limited announced Monday it has emerged from chapter 11 after successfully completing its commitments under a plan of reorganization. The restructuring plan, which was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas in April, strengthens Seadrill’s balance sheet by providing over $1 billion of new capital, extending […]
Categories: Maritime News

Maersk Unveils Maersk Decom, Its New Oil Rig Decommissioning Unit

Mon, 07/02/2018 - 11:30
A.P. Moller – Maersk’s new oil rig decommissioning unit had its name unveiled last week along with confirmation that its senior management team is now in place. The new company, named Maersk Decom, was established in April 2018 as a 50-50 joint venture between Maersk units Maersk Drilling and Maersk Supply Service. The joint venture […]
Categories: Maritime News

NCL Crew Member Who Fell Overboard Rescued After 22 Hours in Water

Mon, 07/02/2018 - 11:17
A Norwegian Cruise Lines crew member is lucky to be alive after falling overboard off the coast of Cuba on Saturday. Amazingly, the missing crew member was rescued by a passing cruise ship after treading water for some 22 hours without a flotation device. The U.S. Coast Guard says the 33-year-old crew member was seen […]
Categories: Maritime News

Tug Takes Drifting Cargo Ship Thorco Lineage Under Tow

Mon, 07/02/2018 - 10:55
The adrift M/V Thorco Lineage has been taken under tow in French Polynesia after a week-long ordeal.  According to officials, the tugboat Aito Nui arrived from Papeete on Thursday and was able to connect a tow line to the Thorco Lineage. The vessels are now underway to Papeete where they are expected to arrive later […]
Categories: Maritime News

Seabourn to Order Two Ultra-Luxury Cruise Ships

Mon, 07/02/2018 - 08:25
Seattle-based luxury cruise line Seabourn has signed a Letter of Intent for the construction of two ultra-luxury expedition cruise ships. The newbuilds will be constructed by a partnership between Italian shipbuilder T. Mariotti and Damen Shipyards in the Netherlands. Delivery is planned for June 2021 and May 2022, respectively. Seabourn says the 170 meter, 23,000 gross […]
Categories: Maritime News

Incident Video: Barge Takes Out Private Dock on Florida Panhandle

Mon, 07/02/2018 - 08:04
Another incident video has gone viral, this one showing a barge allision with private dock in Florida.  The incident reportedly took place last Wednesday, June 27 on the Intracoastal Waterway near Perdido Key. In the video you can see that multiple barges were being pushed by a towboat when they crashed into a backyard dock. According to […]
Categories: Maritime News

Iconic New England Lobster Caught in Global Tariff Tit-for-Tat

Mon, 07/02/2018 - 08:04
By Tom Moroney and Charlotte Howard (Bloomberg) — Veteran lobsterman Billy Mahoney is already feeling the pinch — and not from the claws of his catch. Mahoney sells his lobsters to a local dealer in Massachusetts who, in turn, sells most of the product to an increasingly lobster-hungry China. The proposed tariffs between the U.S. and the world’s […]
Categories: Maritime News

Watch: Tall Ship Hits Small Sailing Dinghy

Mon, 07/02/2018 - 07:52
The tall ship in this video is the German ship Mare Frisium. A version of the video was uploaded to Youtube by a viral video serve on July 1, 208. But after some digging, I found the original video was published in 2016 and has only a few thousand views to date. According to the […]
Categories: Maritime News

Another Humanitarian Ship Heads to Spain After Being Rejected by Italy and Malta

Sun, 07/01/2018 - 09:06
ROME, July 1 (Reuters) – A humanitarian boat carrying 59 migrants rescued off Libya was heading for Barcelona on Sunday after Italy and Malta, both much closer to the place of rescue, had refused to let it dock in their ports. The boat Open Arms, run by the Spanish Proactiva Open Arms charity, said late […]
Categories: Maritime News

North and South Korea Reopen Maritime Communication Channel

Sun, 07/01/2018 - 08:55
SEOUL, July 1 (Reuters) – North and South Korea reopened a maritime communication channel on Sunday, with vessels from the two countries making radio contact for the first time in a decade, South Korea’s Defence Ministry said in a statement. A North Korean patrol boat responded immediately when the South Korean Navy contacted it via […]
Categories: Maritime News

Japanese Fishermen Fear Confrontation with N. Korea Boats as Season Peaks

Sun, 07/01/2018 - 08:46
SAKATA, Japan, June 30 (Reuters) – U.S. President Donald Trump has declared North Korea is no longer a threat, but that doesn’t make the Japanese fishermen of Sakata feel any easier as they leave port for the peak fishing season. Instead, they worry they will have to confront North Korean fishing boats competing for their […]
Categories: Maritime News

Euronav Acquires Second of Two 3-Million-Barrel Supertankers Left in the World

Fri, 06/29/2018 - 12:11
Belgian tanker company Euronav has purchased the Ultra Large Crude Carrier Seaways Laura Lynn, making it the proud owner of the only two ULCCs in the world capable of holding up 3 million barrels of oil. Euronav Tankers acquired the Seaways Laura Lynn from Oceania Tanker Corporation, a subsidiary of International Seaways, for $32.5 million. […]
Categories: Maritime News

Russian Firms Agree to Develop Arctic Shipping in Northern Sea Route

Fri, 06/29/2018 - 12:05
Russian independent gas producer NOVATEK and state-owned maritime shipping company Sovcomflot have agreed to a strategic partnership to develop maritime shipping support for Novatek’s Arctic gas projects including Yamal LNG and the Arctic LNG-2 project.  Under a strategic partnership agreement signed this week, the two Russian companies will develop efficient logistical solutions for shipping oil […]
Categories: Maritime News

Hapag-Lloyd Profit Warning Drags Down Shipping Sector Stocks

Fri, 06/29/2018 - 11:39
By Phil Serafino (Bloomberg) — Shares of German shipping line Hapag-Lloyd AG plunged as much as 22 percent after the company cut its profit forecast for the year, as overcapacity in the industry combined with rising fuel costs to put a squeeze on profit. Danish rival A.P. Moller-Maersk A/S also fell on Hapag-Lloyd’s surprise profit […]
Categories: Maritime News

Cargill ‘Challenge’ to Help Decarbonize the Shipping Industry

Fri, 06/29/2018 - 10:29
Swiss commodities giant Cargill has challenging businesses and entrepreneurs to come up with technologies that could help reduce carbon footprint of the global maritime shipping industry. Cargill announced the so-called “CO2 Challenge” this week. The company says the challenge, launched in partnership with DNV GL and a start-up called Rainmaking, aims to find and scale […]
Categories: Maritime News

Maritime Safety Act of 2018 Seeks to Implement Lessons Learned from El Faro Tragedy

Fri, 06/29/2018 - 10:16
The Committee on Transportation and Infrastructure has unanimously passed a bi-partisan bill seeking to enhance maritime safety in response to the tragic loss of the American cargo ship SS El Faro and its 33 crewmembers during in 2015. H.R. 6175, also known as the Maritime Safety Act of 2018, implements the Commandant of the Coast Guard’s final […]
Categories: Maritime News

EU Cuts Migration Deal After Marathon Talks

Fri, 06/29/2018 - 09:32
By Gabriela Baczynska, Noah Barkin and Richard Lough BRUSSELS, June 29 (Reuters) – European leaders reached a deal on migration in the early hours of Friday after tortuous talks, but details were vague, and German Chancellor Angela Merkel conceded differences remained on an issue that threatens her political career. After nine hours of often stormy talks, […]
Categories: Maritime News

Russia Taps Smaller Ports, Ship-to-Ship Transfers to Keep Pace with Record Wheat Exports

Fri, 06/29/2018 - 08:06
By Anatoly Medetsky (Bloomberg) — Russia has so much wheat that it can’t export it all via the usual methods, so shippers are increasingly turning to a once-rare technique to get more grain on boats. Most Russian wheat is loaded on ships in the deep waters of the Black Sea, but those ports have reached […]
Categories: Maritime News

Hapag-Lloyd Slashes Profit Forecast as Freight Rates Struggle to Recover

Fri, 06/29/2018 - 07:35
FRANKFURT, June 29 (Reuters) – German container shipping line Hapag-Lloyd slashed its full-year profit forecast, saying that freight rates had recovered more slowly than expected while fuel and charter costs had ballooned. “These developments cannot be fully offset by cost saving measures that have already been initiated,” it said on Friday. Its stock plummeted 18 […]
Categories: Maritime News