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Swire Pacific Sees 71 Percent Jump in Profits 27 Aug 2013 | 05:22 pm
PSV Pacific Hawk, image: Swire Swire Pacific Offshore (SPO) reported very positive results in their mid-year financial report today. The Hong Kong-listed offshore supply vessel operator notes their ...
Libya Warns Will Destroy Tankers Illegally Exporting Oil 27 Aug 2013 | 04:45 pm
TRIPOLI, Aug 26 (Reuters) – Libya warned on Monday it will attack and destroy any tanker illegally exporting oil after forces last week fired at a Liberian-flagged tanker close to the country’s larges...
China’s Economic Stimulus and the Short-Term Dry Bulk Shipping Impact 27 Aug 2013 | 01:00 pm
Why has there been a relatively sudden demand spike for dry bulk shipping since June 2013? The origins lead directly back to an “Unofficial Economic Stimulus” plan instituted by Premier Li Keqiang of ...
Panamax Rates Rising as Crop Cargoes Near Record 27 Aug 2013 | 06:23 am
Panamax dry cargo vessel NORD NEPTUNE. 75,726 dwt, built 2006. Photo: FotoFlite/DS Norden Aug. 27 (Bloomberg) — Near-record agricultural exports are diminishing the capacity glut in grain carriers, b...
NOAA Maps 170 Years of Tropical Cyclones 27 Aug 2013 | 01:05 am
Cyclone frequency data map. Image credit: NOAA The Environmental Visualization Lab at the National Oceanic and Atmospheric Administration has released these images showing worldwide tropical cyclone ...
Russian Authorities Board Greenpeace Protest Ship in Arctic 26 Aug 2013 | 10:01 pm
A “Save the Arctic” protest sign. Image credit: Will Ross/Greenpeace MOSCOW, Aug 26 (Reuters) – Greenpeace accused Russia on Monday of trying to block its protest against offshore drilling in the min...
BIMCO: Professionalism The Key to MLC 2006 Success 26 Aug 2013 | 09:35 pm
Image (c) Shutterstock By BIMCO Watchkeeper The “fourth pillar” of maritime regulation – the Maritime Labour Convention (MLC) – is now in place and along with high hopes for trouble-free implementat...
North Sea Rig Operators to Meet as CHC Suspends Super Puma Flights Following Fatal Crash 26 Aug 2013 | 08:36 pm
File photo of a Eurocopter AS332 L2. Photo credit: CHC Helicopters By Neil Callanan Aug. 26 (Bloomberg) — Oil & Gas UK, which represents North Sea oil-and-gas operators, will meet today to discuss t...
Songa Offshore Slumps as DSME Falls Behind on Newbuild Rig Deliveries 26 Aug 2013 | 07:36 pm
Aug. 26 (Bloomberg) — Songa Offshore SE, a Cyprus-based offshore drilling contractor, slumped the most in six months in Oslo trading as delays in rig construction and a possible funding gap raised inv...
ABS Forms Global Gas Solutions Team 26 Aug 2013 | 07:20 pm
HOUSTON /Press Release/ – ABS, a leading provider of global maritime classification services, has taken another step forward to meet industry needs with the formation of the ABS Global Gas Solutions T...
