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BairdMaritime.com is a global leader in maritime news, covering maritime security, shipping, offshore, workboat, work boat, cruise, ferry, tugboat, dredger and superyacht news
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News
Rescuers searching for 140 people after Indonesia passenger vessel sinks
22+ hour, 27+ min ago (207+ words) Indonesian rescuers were searching on Sunday for 140 people from a passenger ship that sank in the Java Sea after 103 others were evacuated, one of whom died, a search and rescue agency official said. An Indonesian passenger ship carrying 243 people had…...
Authorities: Philippine ferry fire victims may take months to identify
22+ hour, 19+ min ago (203+ words) Authorities in the Philippines said on Sunday it could take weeks or months to identify the victims of a ferry fire that killed 76 people, as forensic experts begin collecting and comparing DNA samples from charred remains and investigators determine what…...
K Line christens new dual-fuel LNG carrier
3+ day, 7+ hour ago (161+ words) Kawasaki Kisen Kaisha (K Line) formally named a new LNG carrier during a ceremony in South Korea on Wednesday, September 9. Toho Emerald is owned by T.K. LNG Shipping, a joint venture formed by K Line and Toho Gas' wholly owned subsidiary…...
Larger vessels drag Baltic dry bulk index down
3+ day, 12+ hour ago (139+ words) The Baltic Exchange's dry bulk freight index fell on Thursday, hurt by weaker rates across larger segments. The main Baltic index fell 99 points, or 2.7 per cent, to 3,521. The Capesize index was down 278 points, or 4.3 per cent, at 6,122. Average daily earnings…...
Petronas hands new offshore contract to Australian-backed explorer
3+ day, 19+ hour ago (169+ words) Malaysian state energy firm Petronas on Thursday said it had awarded a new production sharing contract to a subsidiary of Australia's Harvester Energy at the Estuary Cluster off Peninsular Malaysia. A small field asset contract was awarded to Harvester Energy…...
Thai petrochemical firm diversifies naphtha imports amid Hormuz snarl
3+ day, 19+ hour ago (153+ words) Thailand's SCG Chemicals has diversified its naphtha sourcing to cope with delivery disruption from the Strait of Hormuz, its CEO said on Thursday. SCG is buying mostly from India, Australia and Nigeria, CEO Sakchai Patiparnpreechavud said on the sidelines of…...
Asyad Shipping orders two product tankers from South Korean yard
3+ day, 19+ hour ago (169+ words) Oman-based Asyad Shipping Company has signed shipbuilding contracts with South Korean shipbuilder Hyundai Heavy Industries for two medium-range product tankers. The contracts are valued at approximately OMR39.89 million ($103.6 million) and will be financed through a combination of available cash and debt....
New Russian inland buoy tender enters service
4+ day, 2+ hour ago (181+ words) The Russian Federal Agency for Maritime and River Transportation (Rosmorrechflot) has commenced operations of a newly delivered buoy tender. Like her sisters under Project 3050.1A, Leonid Komarov (Леонид Комаров) was built by Kingisepp Machine-Building Plant of Saint Petersburg. Design work was…...
South Korea stops short of troop deployment in Hormuz talks with France
4+ day, 20+ hour ago (494+ words) South Korean President Lee Jae Myung and French President Emmanuel Macron discussed cooperation on security and freedom of navigation in the Strait of Hormuz during a summit in Paris on Tuesday, but the talks did not concern troop deployment, Seoul's…...
Al Seer Marine capitalises on higher ship valuations by selling VLCC
4+ day, 20+ hour ago (155+ words) Abu Dhabi-based Al Seer Marine has completed the sale and delivery of the very large crude carrier Twin Pollux. The sale forms part of the fleet management strategy of the company as it seeks to release capital from existing assets…...