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Genco Shipping Adds Two Capesize Vessels

Genco Shipping Adds Two Capesize VesselsGenco Shipping & Trading announced that it has entered into an agreement to acquire two 2016 South Korean built 180,000 dwt Capesize vessels for an en bloc purchase price of approximately $98 million.

Transocean Signs 11 Well Contract with Chevron Australia

Transocean Signs 11 Well Contract with Chevron AustraliaThe international provider of offshore contract drilling services for oil and gas wells Transocean announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract commencing offshore Australia.

OSG Orders Korean-Built Tankers for U.S.-Flag Trade

OSG Orders Korean-Built Tankers for U.S.-Flag TradeOn Tuesday, Overseas Shipholding Group announced that it has ordered two new U.S.-flag product tankers from South Korean shipbuilder Hyundai Mipo.

Multi-Vessel Pileup in Suez Canal

Multi-Vessel Pileup in Suez CanalOn Sunday evening, a grounding in the Suez Canal led to a multi vessel pileup. The container ship Aeneas reportedly went aground, and three bulkers following her in the convoy collided.

New York Launches $100M Barge and Rail Freight Program

New York Launches $100M Barge and Rail Freight ProgramThe City of New York has announced a $100 million investment plan to increase maritime and rail freight transportation within the city's boroughs, reducing congestion from trucking and creating new jobs in longshore and vessel operations.

Coast Guard Offloads Cocaine Worth $260M in San Diego

Coast Guard Offloads Cocaine Worth $260M in San DiegoOn Tuesday, the U.S. Coast Guard cutter Steadfast capped its latest patrol in the Eastern Pacific with the delivery of 7,800 kilos of cocaine at San Diego's 10th Avenue Marine Terminal.

USS Wasp Trials New Aircraft Landing System

USS Wasp Trials New Aircraft Landing SystemU.S. Marine Corps F-35B Lightning II fighters deployed to the Pacific on board the USS Wasp amphibious assault ship have successfully tested Raytheon's Joint Precision Approach and Landing System.

Libyan Coast Guard Accused of Abandoning Survivors

Libyan Coast Guard Accused of Abandoning SurvivorsOn Tuesday, the maritime rescue NGO Proactiva Open Arms accused the Libyan Coast Guard of abandoning three migrants on the wreckage of a makeshift boat in the Central Mediterranean.

Scorpio Tankers Sells, Leaseback Seven Product Tankers

Scorpio Tankers Sells, Leaseback Seven Product TankersScorpio Tankers announced that it has agreed to sell and leaseback six MR product tankers and one LR2 product tanker (STI Alexis) to an international financial institution.

Dubai Maritime City Authority to Develop UAE’s Maritime Sector

Dubai Maritime City Authority to Develop UAE’s Maritime SectorThe Department of Transport in Abu Dhabi signed a Memorandum of Cooperation (MoC) with the Dubai Maritime City Authority (DMCA) with an aim to promote the development, consolidation and regulation of the maritime sector.

BW LPG Nominates Three Directors to Dorian LPG Board

BW LPG Nominates Three Directors to Dorian LPG BoardDorian LPG confirmed that Oslo-based BW LPG BW LPG has submitted the names of three director candidates to stand for election at Dorian's 2018 Annual General Meeting of Shareholders.

USS Ford Completes Shakedown Trials

USS Ford Completes Shakedown TrialsThe next-generation supercarrier USS Gerald R. Ford has completed her first phase of sea trials, and is entering a post-shakedown availability at Huntington Ingalls' Newport News yard.

Fire at Gadani as Tanker Scrapping Resumes

Fire at Gadani as Tanker Scrapping ResumesThree months after authorities gave the green light for tanker beachings to resume at Gadani, Pakistan, another fire broke out aboard a decomissioned VLCC, trapping several workers inside the burning hull.

Tidewater Buys Gulfmark Offshore

Tidewater Buys Gulfmark OffshoreTidewater has announced it will buy GulfMark Offshore, a move designed to create significant cost synergies and superior growth opportunities as the offshore support vessel (OSV) sector recovery gains traction.

Lava Bomb Hits Tourist Boat

Lava Bomb Hits Tourist BoatA lava bomb hit a tour boat on Monday morning in Hawaii, injuring at least 12 people.

Norwegian Offshore Rig Strike Expands

Norwegian Offshore Rig Strike ExpandsOn Monday, Norwegian offshore workers' union SAFE expanded an ongoing strike to cover 900 more members and 19 more facilities.

GOM: Over 1,000 Drilling Equipment Failures Reported in 2017

GOM: Over 1,000 Drilling Equipment Failures Reported in 2017The U.S. Bureau of Safety and Environmental Enforcement’s SafeOCS program has released its 2017 annual report on Blowout Prevention System Safety.

South Korean Shipyards Want Steel Plate Price Freeze

South Korean Shipyards Want Steel Plate Price FreezeSouth Korea's shipyards have called on steelmakers to keep the prices of shipbuilding plates at current levels until business improves.

Guided Missile Destroyer Frank E. Petersen Jr. Launched

Guided Missile Destroyer Frank E. Petersen Jr. LaunchedHuntington Ingalls Industries’ Ingalls Shipbuilding division launched the Arleigh Burke-class (DDG 51) guided missile destroyer Frank E. Petersen Jr. (DDG 121) on Friday.

Container Ship “Afif” Named in London Gateway

Container Ship “Afif” Named in London GatewayIt took British Maritime Minister Nusrat Ghani just one go to activate the mechanism that sent a big champagne bottle crashing against the massive sidewall of the “Afif”. This marked the official naming of the 15,000 TEU container ship on 16 July 2018.

Yilport Makes a Bid for Taranto Container Terminal

Yilport Makes a Bid for Taranto Container TerminalYilport Holding has submitted its offer for Taranto Container Terminal concession in Italy.

RRS Sir David Attenborough Launched

RRS Sir David Attenborough LaunchedThe U.K’s polar research ship RRS Sir David Attenborough was launched into the River Mersey on Saturday July 14.

Date Set for Next Gulf of Mexico Oil and Gas Lease Sale

Date Set for Next Gulf of Mexico Oil and Gas Lease SaleU.S. Deputy Secretary of the Interior David Bernhardt has announced that the Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration.

Four Cruise Ship Orders for Fincantieri

Four Cruise Ship Orders for FincantieriLast week, Fincantieri received four new cruise ship orders: two for Norwegian Cruise Line (NCL) and two for TUI Cruises.

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