WASHINGTON (Reuters) - After detecting a whiff of oxygen, astronomers have determined that stars in a faraway galaxy formed 250 million years after the Big Bang -- a rather short time in cosmic terms -- in a finding that sheds light on conditions in th...
Read more
Photo of the Week: Clean Containership
View onto the cleaned container vessel before new cargo will be loaded. Herbert Boettcher took this photo for Hamburg Süd when he travelled on the container ship Cap San Antonio from Europe to South America and back to Hamburg. Boettcher started…
Read more
Hydrex’s Doubler Plates Keep Ships Sailing
Underwater repair specialist Hydrex says when hull damage leads to the classification society to only allow temporary repair, there is a practical solution that allows ships to continue operations until a permanent repair can be scheduled. Recently…
Read more
#BTC100 History
In the late 1960s, Bouchard Transportation Co. wins two very important barge contracts; the first comprises the B. No. 40 and B. No 30 barges to haul jet fuel along the Erie Canal for the U.S. Air Force; the second was for the company’s B. No.
Read more
Statoil ASA Changes Name to Equinor ASA
Equinor ASA (OSE: EQNR, NYSE: STO), the new name of Statoil ASA, was approved by the annual general meeting yesterday, May 15, 2018, and the new name has now been registered in the Norwegian register of business enterprises (Foretaksregisteret).
Read more
Maersk Tanker Unit to Wind Down Customer Agreements in Iran
Danish oil product tanker operator Maersk Tankers, part of shipping group A.P. Moller-Maersk, said on Wednesday it would wind down its customer agreements in Iran by November following new U.S. sanctions on Tehran."We will perform customer agreements…
Read more
Baltic Index Drops
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday, hurt by weak demand for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping ves...
Read more
Workboats: Three Damen Stan Tugs for Corpetrolsa Group
Damen Shipyards Group signed a contract with Corpetrolsa Group of Guayaquil, Ecuador, for the supply of three tugs; one Stan Tug 1205 and two Stan Tugs 1606. The tugs will be operated by Corpetrolsa subsidiary DLEN S.A. to support its bunkering operation.
Read more
Interview: Kitack Lim, Secretary-General, IMO
As the International Maritime Organization (IMO) celebrates its 70th anniversary, Kitack Lim, Secretary-General, sits in his London office with a sense of satisfaction that in his two plus years at the helm of IMO tremendous strides have been…
Read more