As reported by the Arab News source late last month, the number of countries that are exporting refined oil products is threatening to affect export profitability. While there have been some refinery closures in the developed world in countries such as US, Britain, Germany, Canada, Japan and Australia, these closures have not kept pace with the decreased demand for oil

Helm Your OwnShipWith Friends in This Cross-Platform Game - MashableMashableEach player controls a different role - engineering, science, tactical, helm and the captain— to help theshipreach its objective. You can pair up with other teams in the game, and there are also solo and two-playershipsavailable to players. The...

A port first: boxshipdrafts 49 feet of waterDaily PressThe Virginia Port Authority announced that the port complex topped its own East Coast record on Saturday when a fully loaded MediterraneanShippingCo. vessel set sail from the APM Terminals facility in Portsmouth drafting more than 49 feet of water.

With ship owners flocking into shipyards for a "piece of the pie" of the prosperous looking product tanker market, South Korean shipyards have taken the lion's share of the market. According to the latest report from London-based shipbroker Gibson, 86% of all tanker orders  (ships above 25,000 dwt) during the past 16 months was for the

Europe’s continuing economic recession remains badly timed for ocean carriers who still have an armada of ULCVs planned for delivery before the end of the year. The continuing collapse in westbound freight rates is worrying, but could be reversed by more radical changes on the supply side. Westbound:

The European Commission adopted an Action Plan to revitalise the marine and maritime economy in the Atlantic Ocean Area. The Action Plan follows from the Atlantic Strategy the Commission adopted in 2011. It aims to show how the EU's Atlantic Member States, their regions and the Commission can help create sustainable growth in

Cargoshiprescues 4 stranded sailorsProvidence Eyewitness NewsA Massachusetts Coast Guard crew contacted othershipsin the area to assist The Romarian II, after the Coast Guard was unable to communicate with the disabled boat. A 1,105 foot vessel, the MSC Chicago, arrived on scene to help the stranded sailors...and more��

Cargoshiprescues 4 stranded sailorsProvidence Eyewitness NewsA Massachusetts Coast Guard crew contacted othershipsin the area to assist The Romarian II, after the Coast Guard was unable to communicate with the disabled boat. A 1,105 foot vessel, the MSC Chicago, arrived on scene to help the stranded sailors...and more��

WXYZCoast Guard: Operator drunk when bridge hitship- WXYZ.comWXYZWestmiller says theshipwas repaired and allowed to resume its travel. Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. PRINT. Comments. Advertisement. Top Stories...Coast Guard: Drawbridge hits Great Lakes freighterThe RepublicDrawbridge operator under investigation for possible intoxication after accidentDetroit Free Pressall 13 news articles��