 | Japanese Tsunami Debris 'Ghost Ship' Spotted Drifting Off British Columbia
Last week, a rusted ‘ghost’ ship was spotted off the coast of Haida Gwaii, an archipelago on the North Coast of British Columbia. Canadian officials have now confirmed that the ship is indeed debris from the March 2011 Japanese tsunami. Other debris is now expected to be approaching Canadian waters, just after the one-year...
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 | Iranian Bulk Carrier Hijacked in Indian Ocean
Early this morning, an Iranian bulk carrier loaded with Brazilian sugar was hijacked in the eastern Indian Ocean. There were 23 crewmen onboard. The Eglantine, loaded in Rio de Janeiro in late February, was seized off the southwest coast of India by alleged Somali pirates, according to NATO officials. Attacks this far and so...
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 | Bank Stops Indian Tanker Payment Due to Iran Sanctions
The Royal Bank of Scotland (RBS) has stopped payments to a Greek ship owner after it transported Iranian oil for an Indian shipping company. This follows strictly in line with the newly-imposed Western sanctions aimed at decreasing Iranian crude exports. Shipping insiders claim that India's Great Eastern Shipping Co Ltd has...
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 | Two Ships On Passage in Dover Strait Collide in Poor Visibility
The ‘Gas Arctic,’ LPG tanker currently in ballast, registered in Malta was on passage from Tees to Portland, with 14 crew aboard. The ‘Spring Bok’ cargo ship (pictured in thumb image), registered in the Netherlands was on passage from Amsterdam to Oranjestad, Aruba, with 22 crew aboard. The vessels...
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 | Shipping Financial Woes Threaten Hong Kong's 'Fair Winds Charter'
In 2010, a group of 17 cruise and shipping lines offered to begin burning more environmentally friendly fuel when docked in Hong Kong’s waterways. Surprisingly, this came at no small expense to their shareholders. Now, at a time when the shipping industry is suffering from billion-dollar losses, this “Fair Winds...
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 | DOI Invites Industry Interest in Potential Oil and Gas Lease Sale in Alaska’s Cook Inlet
The Department of the Interior, as part of the Obama Administration’s focus on expanding responsible oil and gas development, is seeking input from industry to determine interest in oil and gas exploration off the coast of South-Central Alaska – a key step in the planning process for a potential oil and natural gas lease sale...
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 | ClassNK Announces Boardroom Reorganization
Japanese ship classification society NIPPON KAIJI KYOKAI (ClassNK) has announced the following changes in its Executive Board of Directors effective 22 March 2012. Executive Vice President Hiroshige Kitada has retired and two executive officers,...
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 | Shipping Confidence Up On Expectation of Rate Increases, But New Investment Wanes
Overall confidence levels in the shipping industry increased slightly in the three months ended February 2012, to reach their highest level since May 2011, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. This is the third successive quarter in which there has been a...
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 | WHOI Scientists Contribute to Study on Impact to Coral from Deepwater Horizon Spill
Six scientists from Woods Hole Oceanographic Institution (WHOI) have contributed to a new report finding "compelling evidence" that the Deepwater Horizon oil spill has impacted deep-sea coral communities in the Gulf of Mexico. The study, published the week of March 26 in the journal Proceedings of the National Academy of...
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 | CIMPS-Europort 2012 – Gateway to the No. 1 Shipbuilding Hub in China
The maritime exhibition CIMPS-Europort 2012 will be held from 23 – 25 May in Nanjing, the capital of the province of Jiangsu. This province is the number 1 shipbuilding region of China. With more than 80 large shipyards, the shipbuilding in Jiangsu comprises 35% of the total shipbuilding output in China. No less than 39% of all new...
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 | PALFINGER MARINE Enhances Dealership Network in Canada
- Pennecon Energy Hydraulic Systems authorized marine crane dealer
- Increasing presence on the North American market
- Service and support in Eastern Canada
PALFINGER MARINE is strengthening its presence...
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 | Viking Achieves Eight-Year Track Record of Constant Growth
Global success in the crucial offshore market and around-the-world export growth are behind yet another solid financial report from fast-expanding VIKING Life-Saving Equipment. It joins a long list of Danish exporters that are defying today's economic difficulties. In 2011, VIKING Life-Saving Equipment A/S, global...
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