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cosco containership
Shipping

China’s COSCO Pays Huge Bonuses 30 Times Worker’s Salary Amid Container Shipping Boom

By Ann Koh (Bloomberg) — Asian shipping companies are offering mega bonuses to employees amid a boom in freight rates, with China’s state-owned giant

24 seconds ago
Total Views: 0

Suiso Frontier hydrogen ship
Shipping

World’s First Hydrogen Tanker to Ship Maiden Cargo from Australia to Japan

By Sonali Paul MELBOURNE, Jan 21 (Reuters) – A Japanese-Australian venture producing hydrogen from brown coal is set to ship its maiden cargo on the

20 mins ago
Total Views: 104

Shipping

Maersk Line, Limited Tanker Makes Nighttime Rescue in Aegean Sea

The crew of a Maersk Line, Limited tanker conducted a nighttime rescue of a mariner who was in the water for 24 hours after his vessel capsized in the

29 mins ago
Total Views: 266

yantian port
Shipping

Ship Arrivals to China’s Yantian Port Delayed by a Week

By Bloomberg News (Bloomberg) — Containers are stacking up at the already backed-up Shenzhen port in China as congestion in the U.S. and Europe ripples

2 hours ago
Total Views: 337

Wednesday, January 19, 2022
lng carrier
Shipping

China’s Sinopec Issues Tender for Up to 45 LNG Cargoes

SINGAPORE, Jan 19 (Reuters) – China’s Sinopec Corp has issued a tender to sell up to 45 cargoes of liquefied natural gas for 2022 deliveries, in a

18 hours ago
Total Views: 1861

Accidents

VB-10000 Breaks Tow, Runs Aground in Mexico

After completing the historic Golden Ray wreck removal in late October, the U.S.-flagged heavy lift vessel VB-10000 has now run into trouble down in Mexico.

19 hours ago
Total Views: 11267

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Wednesday, January 19, 2022
Shipping

Stage Set for 2022: Wall Street Shipping Analysts Very Bullish On Box Sector

Equity analysts covering maritime companies can offer detailed analytics into individual company historical performance and future prospects, but can also

20 hours ago
Total Views: 908

Shipbuilding

Wärtsilä to Power Seven Arctic Shuttle Tankers Under Construction in Korea

Finnish technology group Wärtsilä has been selected to supply the main and harbor engines for a series of seven new Arctic shuttle tankers under construction

21 hours ago
Total Views: 1557

Ports

Port of Long Beach Sets Annual Cargo Record in 2021

Port of Long Beach reported its busiest year ever in 2021 on increased consumer spending, but congestion weighs as December volumes fall for a fourth

22 hours ago
Total Views: 1324

Accidents

Madrid Bridge to Discharge Damaged Containers in Charleston, ONE Says

The MV Madrid Bridge is expected to arrived in Charleston, South Carolina on Thursday where the plan is to discharge scores of damaged containers after its

23 hours ago
Total Views: 2206

Ports

Biden Administration Allocates $14 Billion to Improve U.S. Ports and Waterways

U.S. Army Corps of Engineers to invest $14 Billion from the Bipartisan Infrastructure Law and other appropriations to strengthen United States’ ports and

January 19, 2022
Total Views: 950


Wednesday, January 19, 2022
Cruise Ships

Cruise Operator Genting Hong Kong Files to Wind Up Company

By Kyunghee Park and K. Oanh Ha (Bloomberg) — Genting Hong Kong Ltd. has filed to wind up the company in one of the biggest stumbles by a cruise

January 19, 2022
Total Views: 964

LNG carrier in open sea during daytime
Shipping

European Energy Crisis Prompts LNG Carrier’s U-Turn Back Through Panama Canal

By Sergio Chapa (Bloomberg) — Getting LNG to gas-starved Europe is so profitable that one tanker carrying the fuel made a U-turn in the Pacific Ocean,

January 19, 2022
Total Views: 2942

Tonga Relief Ships
Navy

New Zealand Navy Steams To Tonga Amid Omicron Concerns

New Zealand said Tonga, one of the few countries to be free of the new coronavirus, has agreed to receive two of its ships carrying water

January 19, 2022
Total Views: 1861

Tuesday, January 18, 2022
Cruise Ships

American Cruise Lines Building 12 New Coastal Cruise Ships for U.S. Market

Domestic small ship cruise operator American Cruise Lines on Monday announced plans to construct 12 new ships that will “more than double” the

January 18, 2022
Total Views: 7423

zim containership
Shipping

ZIM Charters More LNG-Powered Newbuild Containerships

Israeli containership operator ZIM Integrated Shipping Services (NYSE: ZIM) has announced new eight-year charter agreements for three 7,000 TEU containerships

January 18, 2022
Total Views: 1622

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Tuesday, January 18, 2022
Offshore

ExxonMobil Makes Pledge for Net Zero GHG Emissions by 2050

By Sabrina Valle HOUSTON, Jan 18 (Reuters) – Exxon Mobil Corp on Tuesday pledged to cut to zero its net carbon emissions from its global operations by

January 18, 2022
Total Views: 872

Shipbuilding

Japan Tests Autonomous Navigation Using Large Ferry

Japanese shipbuilder Mitsubishi Heavy Industries (MHI) announced the completion of what it claims is the world’s first full autonomous navigation

January 18, 2022
Total Views: 3273

container shipping
Shipping

Containership Owner and Operator Danaos Books Multi-Year Charters, Vessel Sales Worth $1 Billion

Athens-based containership owner and operator Danaos Corporation (NYSE: DAC) has announced entering into new multi-year charter agreements for 11 of its vessel

January 18, 2022
Total Views: 2980

Offshore

Transocean Rig to Drill Injection Wells for Norway’s Northern Lights Carbon Capture and Storage Project

A semi-submersible drilling rig belonging to Transocean has been selected to drill the carbon injection well and another sidetrack well for the Northern Lights

January 18, 2022
Total Views: 1636

Cruise Ships

Genting Hong Kong Looks to Liquidation as Funding Dries Up

By Kyunghee Park and K. Oanh Ha (Bloomberg) — Troubled cruise operator Genting Hong Kong Ltd. warned it may seek court assistance to safeguard its

January 18, 2022
Total Views: 2288