Wednesday, February 24, 2021
Shipping

Maersk Tankers and Cargill Team Up on New Bunker Procurement Service

Maersk Tankers and Cargill have teamed up to launch a new bunker procurement service that will offer better pricing, service and transparency to tramp shipping companies and trading houses. The...

12 hours ago
Total Views: 1431

Offshore

Oil Hits One-Year High With Market Eyeing Tight Global Supplies

By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback...

12 hours ago
Total Views: 313

Shipping

Cheniere Expects Gradual Rise in LNG Demand with Vaccine Rollout

Feb 24 (Reuters) – Cheniere Energy Inc raised its full-year adjusted core earnings forecast on Wednesday, expecting incremental growth in demand for liquefied natural gas as COVID-19 vaccinations boost economic...

14 hours ago
Total Views: 440
Offshore

Companies Bail on Russia’s Nord Stream 2 Pipeline

By Timothy Gardner WASHINGTON, Feb 24 (Reuters) – Baker Hughes Co and AXA Group and 16 other companies recently wound down work on Russia’s Nord Stream 2 natural gas pipeline...

14 hours ago
Total Views: 1359

Offshore

New Details on First Jones Act-Compliant Wind Turbine Installation Vessel

We’re getting new details about the United States’ first Jones Act-compliant offshore wind turbine installation vessel (WTIV) seen as critical to developing the nation’s offshore wind industry. We just learned...

15 hours ago
Total Views: 1964

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Wednesday, February 24, 2021
Piracy

Nigeria to Commission Drones, Choppers and Aircraft to Police Pirate-Infested Waters

By William Clowes (Bloomberg) — Nigeria will commission $195 million worth of aircraft, boats and vehicles in the next three months to strengthen security in the pirate-infested Gulf of Guinea, Transport...

17 hours ago
Total Views: 760

container ship
Shipping

International Chamber of Shipping Says Tackling Trade Protectionism Can Lift Post-Covid GDP

By Jack Wittels (Bloomberg) — Governments must look again at eliminating practices that hinder trade if they want to fire an economic recovery once Covid-19 has been tackled, according to new...

17 hours ago
Total Views: 196

Shipping

Singapore Port Authority Backs Ammonia Fuel Project

SINGAPORE, Feb 24 (Reuters) – The Maritime and Port Authority of Singapore (MPA) has joined an industry-led project to advance the use of ammonia as a marine fuel to reduce...

17 hours ago
Total Views: 327

Tuesday, February 23, 2021
Ports

U.S. Imports Surge Set to Run Into Summer as West Coast Ports struggle

By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into...

February 23, 2021
Total Views: 2015

Shipbuilding

U.S. Shipping Companies to Spend $87 Million in Great Lakes Region this Year

American shipping companies operating the U.S.-flag Great Lakes fleet will invest nearly $87 million at shipyards and facilities across the region this year, according to new figures released by the...

February 23, 2021
Total Views: 2325


Tuesday, February 23, 2021
Shipping

Austal USA President Resigns Amid Investigations Into LCS Program

Australian-based shipbuilder Austal has announced the resignation of Austal USA president Craig Perciavalle amid ongoing investigations in the United States and Australia into the company’s Littoral Combat Ship (LCS) program...

February 23, 2021
Total Views: 9782

Shipping

Partnership Planning Remote-Controlled Tugboat for Port of Copenhagen

A agreement has been signed to develop the world’s first fully remote-controlled tug to operate at the Port of Copenhagen. The deal was signed between global towage operator and Maersk...

February 23, 2021
Total Views: 2089

Shipping

‘Perfect Trips’: Venezuela and Iran Swap Jet Fuel for Gasoline

By Deisy Buitrago and Marianna Parraga CARACAS/MEXICO CITY, Feb 23 (Reuters) – Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part...

February 23, 2021
Total Views: 5345

offshore wind turbine
Offshore

Rystad: Offshore Wind Hiring Wave Coming

A hiring wave is expected to hit the offshore wind sector as demand for offshore wind staff is expected to surge by the end of the decade, according to new...

February 23, 2021
Total Views: 2758

Accidents

Australia Launches Livestock Carrier Inspection Campaign

The Australian Maritime Safety Authority has launched a inspection campaign that will target all livestock carriers departing the country after recent incidents involving the ships. The purpose of the focused...

February 23, 2021
Total Views: 4348

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Tuesday, February 23, 2021
maersk containership
Shipping

Maersk Backs Plan for Large Green Ammonia Plant in Denmark

COPENHAGEN, Feb 23 (Reuters) – Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s largest green ammonia plant in Denmark as part...

February 23, 2021
Total Views: 1733

Accidents

Maersk Updates on Transpacific Ships’ Return to Service After Cargo Losses

Maersk is providing updates on its two ships that lost a significant number of containers overboard in the Pacific Ocean recently. First up is Maersk Essen which lost some 750...

February 23, 2021
Total Views: 6682

Norwegian Cruise Line Stack and Waterslide
Cruise Ships

Royal Caribbean Shares Soar As Bookings Rise On Vaccination News

by Praveen Paramasivam  (Reuters) – Royal Caribbean Group said on Monday it was seeing an uptick in future bookings, following a disastrous year for the cruise operator, as travel enthusiasts...

February 23, 2021
Total Views: 2109

Monday, February 22, 2021
Rogue Wave Photo
Offshore

U.S. Issues First Wave Energy Lease for Federal Waters Off West Coast

The Biden Administration has taken its latest step forward in its goals to address climate change and promote offshore renewable energy with the issuance of a lease for the nation’s...

February 22, 2021
Total Views: 3193

Accidents

Japan’s Ocean Network Express Eyeing Mid-March Return for ONE Apus

Work is underway for the ONE Apus to return to service sometime next month nearly four months after the ship lost almost 2,000 boxes overboard in the Pacific Ocean. Japanese...

February 22, 2021
Total Views: 2679