Merchant Shipping

Singapore Efficiency Even Extends to Its Bankruptcy Laws

By Christopher Langner<p>(Bloomberg Gadfly) — When it comes to matters legal or bureaucratic, Singapore is swift to act. Bankruptcy, sometimes, can be …

Bankruptcy

Baltic Dry Index Hits Highest Level Since November 2014

March 27 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two-year …

Baltic Exchange

UFO Spotted in Gulf of Mexico: OSV Engineer Says Large Craft Seen Hovering Near Rigs

A crew member of an offshore supply vessel in the Gulf of Mexico claims he saw a UFO ‘fives times’ the size of his vessel and UFO trackers are now …

UFOs

The changing shape of love: A story about family, space and grief

I married thirtyish, which some thought was late but my girl gang called it premature. Both my husband and I, having rejected each other …

Marriage

Tanker spill is largest ever in U.S.

More than 11 million gallons of North Slope crude oil poured through the punctured steel hull of a tanker grounded on a wellcharted reef in Prince …

Oil

Looking for an Adventure? Try Diving the Titanic

It was over 100 ago when the RMS Titanic sank after colliding with an iceberg four days into her maiden voyage from Southampton, England to New York …

Travel

Somali Pirates Hijack Dhow to Use as 'Mothership'

By Abdiqani Hassan<p>BOSASSO, Somalia, March 24 (Reuters) – Pirates have seized control of a Somali fishing boat to use as a base from which to attack …

Introducing the New gCaptain Forum – gCaptain

Hi All,<p>We’re excited to announce the launch of the <b>new gCaptain Forum</b>! Don’t worry, nothing about the <i>old</i> gCaptain Forum has changed, it has just …

Data Breach

Sunken Sewol Ferry Raised Three Years After Disaster

By Ju-min Park<p>SEOUL, March 23 (Reuters) – A South Korean ferry that sank nearly three years ago, killing 304 people, most of them children on a …

South Korea

BW Group Grabs Control of Tanker Firm DHT from Fredriksen's Frontline

By Ole Petter Skonnord<p>OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on …

Oil

Oil Majors Plunge Into Industry That May Hurt Fossil Fuel

By Jessica Shankleman<p>(Bloomberg) — Big oil is starting to challenge the biggest utilities in the race to erect wind turbines at sea.<p>Royal Dutch Shell …

Oil

Energy Hedge Fund Run by Former `Big Wolf' Trader Delivers 46% Return

By Mikael Holter<p>(Bloomberg) — Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by …

Wall Street

DryShips: Panamax Rates Begin To Increase

The Baltic Dry Index begins to fall because of a decline in capesize rates.<p>Panamax rates increase despite the decline in the overall index. DryShips, …

Baltic Exchange

Gulf of Mexico Lease Sale Yields $274 Million in High Bids

The U.S. Department of the Interior has announced that Wednesday’s lease sale for all available oil and gas parcels in the central Gulf of Mexico …

Oil

THE EXPANSE Recap: Mars Shot First

<b>Fair warning: this recap includes spoilers for The Expanse that will hijack your shipment of relief goods—don’t say we didn’t warn you ahead of …

Cargo Ships

Contraction looms as trade falters, markets soar

There is a deep chasm between US rebuff of G20 efforts to re-ignite trade and soaring markets. It is untenable.Historically, Baden-Baden’s spas are …

Baltic Exchange

Crowley Launches First LNG-Powered ConRo, El Coquí

Crowley Maritime Corp. has announced the launch of its first Commitment-class ship the <i>El Coquí</i>, one of the world’s first combination …

Construction

Statoil Confirms Johan Sverdrup Oilfield Cost Estimate as Project Moves to Phase 2

OSLO, March 21 (Reuters) – Statoil confirmed on Tuesday its cost estimate for developing Norway’s Johan Sverdrup oilfield, the largest North Sea …

Oil & Gas Industry

Ship Photos of the Day - 1,000 Vessels Through the Expanded Panama Canal

The Panama Canal has marked the 1000th Neopanamax vessel to use the waterway since the inauguration of the Expanded Canal less than nine months …

Logistics

Drillship Walkthrough: Here's What it's Like Inside an Ultra-Deepwater Drill Rig

Ever wonder what it’s like inside a modern ultra-deepwater drillship. Well, here you go:<p>The video was filmed in the Gulf of Mexico aboard a …

Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery

By Mikael Holter<p>(Bloomberg) — Billionaire John Fredriksen and his former top adviser Tor Olav Troim may not see eye to eye anymore, but they agree on …

Oil

Borr Drilling to Buy Transocean's Jack-Up Fleet for $1.4 Billion

Newly established Borr Drilling has announced plans to scoop up Transocean’s entire fleet of high specification jack-up rigs in a deal worth nearly …

Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts

By Mark Shenk<p>(Bloomberg) — Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market.<p>Futures dropped …

Oil

CS: GO - The seven maps of the next Operation revealed via datamine

The next Counter-Strike: Global Offensive (CS: GO) Operation doesn’t have a release date yet, nor has the maps been officially confirmed by Valve. …

Cargo Ships

Podcast Show Notes: All You Need To Know About Cargo Ship Travel

Welcome to the podcast show notes and transcript for Episode 7: All You Need To Know About Cargo Ship Travel. In this episode Rachel Heller and I …

Container Ship

Does Gender Diversity Matter Aboard Ships?

The United Nation’s has declared the month of March as <i>International Women’s Month</i> so it seemed right to review the subject of women in marine …

Gender

350 Ship Navy: US Shipyards Point Out A Major Problem With Trump's Plan

By Mike Stone (Reuters) U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the …

Military

German Ports Push Back Against Trump

When Michael von Harten started loading cars onto ships in the German port of Bremerhaven 27 years ago, the facility handled some 700,000 vehicles a …

Shipping Stocks Encounter Volatility (DRYS, SALT)

When President Donald Trump was elected in November, share prices of shipping companies soared by more than 1,000 percent. Investors hoped the new …

Baltic Exchange

Trump & Congress "Get It" - Says Coast Guard Commandant

In his annual State Of The Coast Guard Address today USCG Commandant Admiral Paul Zukunft focused on topics that are priorities to the Trump …

Coast Guard