By MarEx 2016-12-06 21:33:54 On Tuesday, the CMA CGM vessel Marion Dufresne rescued the French yachtsman Kito de Pavant from his sailboat, which had suffered damage and was taking on water. De ...
CMA CGM Supply Vessel Rescues French Yachtsman
Dry Bulk Market Shows Solid Improvement
By MarEx 2016-12-06 20:22:23 Bulker operators are seeing solid improvements after the record low day rates reached earlier this year: the Baltic Dry Index stood at nearly 1,200 on Tuesday, a ...
ICS Hails Renewal of Anti-Piracy Mission off Somalia
By MarEx 2016-12-06 18:13:35 On Monday, the International Chamber of Shipping hailed the renewal of the mandate for the EU's anti-piracy mission off Somalia, known as EUNAVFOR Operation Atalanta. ...
SM Group Pulls Out of Long Beach Terminal Bid
By MarEx 2016-12-06 18:09:16 SM Group, the South Korean owner of Korea Line, has withdrawn its bid to buy a stake in Hanjin Shipping's Long Beach terminal after struggling to raise funds for the bid ...
Mitsui Buys Into Gulf of Mexico Blocks
By MarEx 2016-12-06 17:57:23 Japanese trading house Mitsui & Co said on Monday it has agreed to buy a 20 percent stake in four blocks in the U.S. offshore oil and gas fields in the Gulf of ...
Survey: Record OPEC Output at Time of OPEC Output Cut
By Reuters 2016-12-06 17:14:22 Oil prices on Tuesday fell for the first session since OPEC agreed to cut output last week after data showed crude production rose in most major export regions and on ...
Bulker Abandoned After Engine Room Fire, Flooding
By MarEx 2016-12-06 16:58:31 Over the weekend, the Liberian-registered bulker Antaios suffered an engine room fire about 800 nm west of the Cape of Good Hope, requiring the evacuation of her ...
Engine Room Fires Are Never Merry
By Captain Richard Madden 2016-12-06 16:30:33 Engine room fires account for up to 50 percent of all fires on vessels with 70 percent of those engine room fires being caused by leaks from pressurized ...
Liverpool2 Terminal Aims at Transatlantic Trade
By Reuters 2016-12-06 16:01:09 Liverpool’s new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election ...
Video: Pleasure Boat And Passenger Ferry Collide
By MarEx 2016-12-06 15:50:22 [Brief] On Sunday, a pleasure boat named Nap Tyme crossed the bow of the Washington State ferry Chetzemoka, resulting in a collision. The double-ended ferry performed a ...
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