Search Results for "how to buy ships"

Bulker Abandoned After Engine Room Fire, Flooding

By The Maritime Executive

December 6, 2016

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 crew. The South African Maritime Sa...

IMO Adopts Polar Code Amendments to STCW

By Craig H. Allen

December 6, 2016

At its November 21-25, 2016 meeting, the International Maritime Organization’s Maritime Safety Committee (MSC) adopted resolution MSC.416(97), which amends the International Convention on Standards of...

Dry Bulk Market Shows Solid Improvement

By The Maritime Executive

December 6, 2016

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 fourfold increase over the levels reac...

Video: Pleasure Boat And Passenger Ferry Collide

By The Maritime Executive

December 6, 2016

[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 crash stop, but it still st...

ICS Hails Renewal of Anti-Piracy Mission off Somalia

By The Maritime Executive

December 6, 2016

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. The renewal will see European...

SM Group Pulls Out of Long Beach Terminal Bid

By The Maritime Executive

December 6, 2016

SM Group, the South Korean owner of Korea Line, has withdrawn its bid to buy a stake in Hanjin Shipping's Long Beach terminal after struggling to raise funds for the bid according to industry sources...

Mitsui Buys Into Gulf of Mexico Blocks

By The Maritime Executive

December 6, 2016

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 Mexico from Royal Dutch Shell for an und...

Five Hundred Deaths Not Yet Investigated

December 6, 2016

The head of Europe's police agency said it would "look again" at the largest migrant shipwreck in the Mediterranean this year after an investigation by Reuters and BBC Newsnight exposed a gap in the r...

The FAST Act One Year On

By The Maritime Executive

December 6, 2016

The American Association of State Highway and Transportation Officials (AASHTO) and the American Association of Port Authorities (AAPA) are jointly releasing a national freight infrastructure report,...

Survey: Record OPEC Output at Time of OPEC Output Cut

December 6, 2016

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 growing skepticism that the carte...

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