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ROVeXchange.com is your daily online Underwater Remotely Operated Vehicle ( ROV ) and maritime community portal, supplying ROV & maritime industry news, ROV specifications, coastal weather updates and much more. ROVeXchange also provides a meeting place for top employers and jobs seekers, as well as alternative daily world news and other information.


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Today in Maritime History

1943 - The USS Spencer, CG, received credit from the U.S. Navy for attacking and sinking the U-225 in the North Atlantic. The British have since recorded that the U-225 was actually destroyed by B-24 Liberator "S" of RAF No. 120 Squadron on 15 February 1943 and they have revised the official British records to reflect this change....


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Recent Maritime News: Click Here For All
Subsea 7 to Invest in Xodus Group
Leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry Subsea 7 S.A. and Chiyoda Corporation announced that Subsea 7 has agreed to acquire a 60% holding in Xodus Group, a leading energy consultancy, from Chiyoda.


NYSHEX Adds New Members in its Council
The New York Shipping Exchange (NYSHEX), the container shipping industry’s solution for digital and enforceable freight contracting,  has announces the appointment of new members to its board of directors and launch of the governing NYSHEX Member Council.


Inland Waterways Authority of India Engages KPMG
The Inland Waterways Authority of India (IWAI) has engaged KPMG,  a reputed consultant, to study and devise a framework for operationalization and maintenance of the assets being built on NW-1 under the World Bank funded national waterways development project Jal Marg Vikas Project (JMVP).


NMMA Honors MasterCraft’s XStar with 2018 Innovation Award
MasterCraft Boat Company continues its leadership accolades in the towboat category with a prestigious innovation award for its most advanced towboat to date, the 2018 XStar, said a press release from the company. Just announced at the Miami International Boat Show…


IMO on Distress and Safety at Sea
Seafarers depend on a robust distress and safety system when life is in danger at sea. This week’s meeting of the Sub-Committee on Navigation, Communications and Search and Rescue (19-23 February) will be focusing on core areas of International…


Global Ship Lease Extends Charter with OOCL
Global Ship Lease, a containership charter owner, today announced that it has agreed to an extension of its charter with OOCL for the OOCL Qingdao, a 2004-built, 8,063 TEU containership. The extension commences in direct continuation of the current charter with effect from March 11…


Germany and Greece: Worst Vessels Dumpers
As in 2016, Germany and Greece top the list of country dumpers in 2017, according to new data released today by the NGO Shipbreaking Platform. German owners, including banks and ship funds, beached 50 vessels out of a total of 53 sold for demolition.


Matson Reports Q4 Earnings Per Share $3.90
Honolulu-based Matson Inc reported fourth-quarter net income of $166.9 million. On a per-share basis it has profit of $3.90. The ocean transportation and logistics services company posted revenue of $516.1 million in the period, beating Street forecasts.


BSEE Responds to Oil Platform Fatality in the GOM
The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a platform worker in an area of the Gulf of Mexico known as West Cameron 215A, about 64 miles south of Lake Charles, Louisiana. The offshore oil and gas operator…


Maersk Energy: Uptick in Offshore Oil
COPENHAGEN, Feb 20 (Reuters) - Prospects for the offshore oil drilling market are improving but profits for drillers are still under pressure and rates will not rise before 2019, the head of A.P. Moller-Maersk's energy business said. Oil firms…



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World News


Migrant deported by Israel back to Africa recounts ordeal
KAMPALA, Uganda (AP) -- Inside the immigration office in Tel Aviv, Yohannes Tesfagabr considered his options. He could not dare return to his native Eritrea, a country he risked his life to flee in 2010. He also hoped to avoid the fate of compatriots who languished in a notorious desert jail for illegally staying in Israel....


AP Explains: Syria's starved, rebellious suburb under attack
BEIRUT (AP) -- The airstrikes came at a rate of one a minute, with horrible results: civilians fleeing collapsing buildings, children trapped under slabs of concrete, paramedics grimly rushing the bloodied victims away on stretchers. At least 100 people were killed in one day....


New strikes kill 10 in rebel-held suburbs of Syrian capital
BEIRUT (AP) -- New airstrikes and shelling on the besieged, rebel-held suburbs of the Syrian capital killed at least 10 people on Wednesday, a rescue organization and a monitoring group said....


Maduro: Digital currency puts Venezuela on tech vanguard
CARACAS, Venezuela (AP) -- Cash-strapped Venezuela on Tuesday became the first country to launch its own version of bitcoin, a move President Nicolas Maduro celebrated as putting his country on the world's technological forefront....


State Department says NKorea passed up meeting with Pence
WASHINGTON (AP) -- Vice President Mike Pence was all set to hold a history-making meeting with North Korean officials during the Winter Olympics in South Korea, but Kim Jong Un's government canceled at the last minute, the Trump administration said Tuesday....


In South Korea's Olympic hills, traces of the North abound
GOSEONG, South Korea (AP) -- A former seaside villa for North Korea's ruling Kim family. A captured North Korean spy submarine. A front-line observatory that allows curious visitors to peer at parts of a picturesque North Korean mountain across the heavily-mined Demilitarized Zone....


Trump Jr: 'Nonsense' that family's profiting from presidency
NEW DELHI (AP) -- Donald Trump Jr. said that any talk of his family profiting from his father's presidency is "nonsense" as he embarked on a trip to India that has raised ethical concerns about using the name of the American president to promote international business ventures....


Bahrain sentences prominent activist to 5 years in prison
DUBAI, United Arab Emirates (AP) -- A prominent human rights activist in Bahrain was sentenced Wednesday to five years in prison over tweets alleging prison torture in his country and misconduct in Saudi Arabia's war in Yemen, despite wide international criticism of his trial....


Lebanon gets tough on the press ahead of elections
BEIRUT (AP) -- A string of court cases and judicial investigations against Lebanese media figures is testing this country's reputation as a forum for ideas in a region blanketed by censorship and threats to the press....


Palestinian leader calls for peace conference by mid-2018
UNITED NATIONS (AP) -- Palestinian President Mahmoud Abbas ruled out the United States as a broker for peace with Israel on Tuesday, calling for an international peace conference by mid-2018 with the key goals of full U.N. membership for the state of Palestine and a timeframe for a two-state solution....


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