LNG Carrier News

Sir Keith Speed, former Navy minister obituary

Sir Keith Speed, who has died aged 83, was Margaret Thatchers minister for the Royal Navy until he was sacked in 1981 after protesting against cuts to the service, months before Argentina invaded the Falklands.A former naval officer who while at the MoD designed a uniform for the First Lord of the Admiralty, Speed served on the Conservative benches for 29 years…

Fire on the Flight Deck

In the 1960s, aircraft carrier fires plagued the Navy. One of the most notorious was the 1967 fire aboard USS Forrestal. Senator John McCain was then a Navy lieutenant commander on the carrier. Here, he remembers that fateful day more than 50 years ago. What follows beneath McCain's comments is the original 1974 Popular Mechanics article "Fire on the Flight Deck." This article…

Injured Crew Member Transferred Via Pilot Boat

A ship traveling from Colombia to Nova Scotia traveled Bermuda to drop off a crew member, after a 33-year-old Indian national suffered an electric shock onboard.A Bermuda Maritime Operations Centre spokesperson said, RCC Bermuda received an urgent call from the ship management company of the Marshall Islands registered vessel M/V ALGOMA VALUE…

Ocean Tankers orders 6 new ships

Published January 22, 2018, 10:01 PMSINGAPORE (Reuters) Singapore’s Ocean Tankers said it has ordered six handy-sized tankers to be built at the Fujian Mawei Shipbuilding for an undisclosed sum as the company renews and expands its fleet.The order is for 23,500-deadweight ton (dwt) tankers that can carry crude, clean or dirty oil products…

NASA removes black US astronaut from Space Station mission

Black US astronaut Jeanette Epps has reportedly been removed from the next mission to the International Space Station.Dr. Epps would have been the first black astronaut to step foot on the International Space Station. She was set to board a Russian Soyuz flight in June but will now be replaced by a another astronaut.The…

JPMorgan Turns Selective On Dry Bulk Carriers, Downgrades Diana Shipping And Navios Maritime Partner

The outlook for dry bulk carriers appears strong, with a cycle peak expected later this year or in early 2019, according to JPMorgan. The AnalystJP Morgan analyst Noah Parquette downgraded shares of Diana Shipping Inc. (NYSE: DSX) and Navios Maritime Partners L.P. (NYSE: NMM) from Overweight to Neutral. The analyst lowered…
The USS Pueblo seen before its capture by North Korea in January 1968.

How the seizure of a US spy ship by North Korea nearly sparked n

By James Griffiths CNN (CNN) -- "This is it, they're taking us out here to kill us," Stu Russell thought as he trudged through the snow in the middle of the night into a dark forest.Russell was one of 83 Americans held captive inside North Korea, following the seizure of the USS Pueblo spy ship in international waters, on January 23…

Lafayette public meeting with legal firm on possible fracking ban slated for March

CELDF public interview process:-CELDF will respond to a list of questions submitted to them from the city administrator and attorney by February 26. The answers will be posted online at bit.ly/2DQ0MJs-A public interview meeting will be held on Monday, March 5, at the Lafayette Library from 7 to 8:30 p.m. CELDF will provide a brief presentation followed by interview questions from the community.

Cargojet adds new South America and Europe freighter operation ǀ Air Cargo News

Cargojet will begin running its own freighter services between Canada and South America and a second frequency to Europe. Beginning early February, the Canadian operator said that on Fridays and Sundays it will offer a service from Hamilton to Bogota and Lima, via Atlanta. Meanwhile, on Saturdays it will operate a service from Hamilton to Cologne. Both operations will utilise a B767-300F aircraft.

Amazon and DHL pilots set to protest outside White House

A group of pilots who ship packages for Amazon and DHL will protest outside the White House in a bid to get Donald Trump’s attention in a long-running labor dispute. A few dozen pilots who work for Atlas Air, a New York-based cargo airline with a hub in Miami, will stage a protest on Wednesday amid disagreements on working…

Trump's economic score: After tax cuts, not too much

As President Donald Trump on Saturday reaches the one-year mark since his inauguration, the U.S. economy is booming. To hear him tell it, this is the happy result of his policies. But while his tax cuts will likely have a beneficial outcome, at least for businesses' bottom lines, the impact of Trumponomics in other areas…

CEOs of Safe Bulkers, Seanergy Maritime & Star Bulk Carriers to Discuss the Drybulk Shipping Sector

NEW YORK, Jan. 19, 2018 (GLOBE NEWSWIRE) -- On Wednesday, January 24, 2018 at 11:00 am EST, Capital Link will host a complimentary webinar to discuss the dry bulk shipping sector.REGISTRATIONThose interested can access the webinar at no cost at http://webinars.capitallink.com/2018/drybulk/INTRODUCTORY REMARKS BYNicolas Bornozis…

Japan's shipbuilding industry turning corner as orders double- Nikkei Asian Review

TOKYO -- Buoyancy appears to be returning to Japan's shipbuilders as order volumes for mainstay merchant vessels rose 150% in 2017, according to data released Wednesday.With bulk freighters on a recovery trend, and fresh demand for environmentally friendly ships seen ahead, players such as Mitsui Engineering & Shipbuilding…

Asia spot prices climb to three-year high on winter demand

SINGAPORE (Reuters) - Asian spot prices for liquefied natural gas (LNG) hit their highest in more than three years this week, with traders in Asia and Europe flagging temperatures in northern Asia are set to dip further as production outages curb supply. The cold wave in northern Asia - by far the world’s biggest LNG-consuming region - has also opened up arbitrage opportunities for traders…

Over 1000 women seafarers share sexual harassment experiences

Please don't copy and share this article. 1,150 Swedish women in the Swedish shipping industry have shared witness accounts of of sexual harassment and abuse on board vessels.Last year's global campaign against sexual harassment and abuse of women under the umbrella of the #metoo hashtag has also hit the maritime industry…

Federal responsibility in nuclear attack alerts is unclear | Nation

HONOLULU (AP) A timeline shows Hawaii officials botched efforts to immediately correct a false missile alert over the weekend, taking more than 20 minutes to contact federal authorities for approval they didn't need and then taking another 15 minutes to cancel the alert that was sent to mobile devices statewide.The astonishing…

New 20K TEU COSCO Ship First to Earn Cyber Rating

Maersk still weighs in as the world's largest container shipping line

By Mike Wackett17/01/2018Maersk Line has consolidated its position as the worlds largest container carrier, increasing its lead over MSC after its capacity was swollen by an 26.8% to 4.15m teu.Notwithstanding the Danish carriers acquisition of Hamburg Süd, its organic growth matched that of MSC, which has a tradition of developing its business solely by customer base expansion…

Fluor Clinches Shell Penguins Offshore Project in North Sea

Zacks Equity Research,Fluor Corporation FLR recently announced that it has clinched a contract from Shell for the engineering, procurement and fabrication of Shells Penguins floating production storage as well as offloading (FPSO) vessel in the North Sea. The company will book the contract value in fourth-quarter 2017.Per the deal…

Chembulk Tankers Announces Successful Placement of $200 Million Secured Bond Issue

SOUTHPORT, Conn., Jan. 18, 2018 /PRNewswire/ -- Chembulk Tankers announced today that one of its wholly owned subsidiaries, Chembulk Holding LLC, has priced USD 200 million in senior secured bonds which will carry a coupon of 8.00% and be due in February 2023.The net proceeds from the bond offering will be used for refinancing of existing bank debt and general corporate purposes.