Today
Shipping

Cheniere Signs Long-Term LNG Sale and Purchase Agreement with China’s Foran

Houston-based Cheniere Energy (NYSE: LNG) has announced a 20-year sale and purchase agreement to supply China-based Foran Energy Group with U.S.-produced liquified natural gas. The binding agreement was agreed to...

15 seconds ago
Total Views: 0

Environment

Wärtsilä Developing System to Turn LNG Into IMO 2050-Compliant Hydrogen Fuel Onboard Ship

Finnish technology group Wärtsilä has announced plans to launch a new shipboard solution that will aim to turn readily available LNG into hydrogen fuel that will meet IMO 2050 emissions...

10 mins ago
Total Views: 57

iron ore ship
Shipping

Baltic Dry Index Posts Best Day in Two Months

Nov 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index posted its best day in nearly two months on Monday, boosted by stronger rates across vessel segments. *...

23 mins ago
Total Views: 70

Ports

CMA CGM Launches Incentive Program for Early Container Pickup at Ports of Los Angeles and Long Beach

French shipping group CMA CGM has launched a new incentive program aimed at speeding up the flow of cargo through the ports of Los Angeles and Long Beach. The 90-day...

27 mins ago
Total Views: 79

Environment

Shipping Still Falls Short on Decarbonization After Climate Talks

By Jack Wittels (Bloomberg) — The organization that regulates shipping made little fresh progress toward decarbonizing the industry during a series of meetings last week.  The main outcome from talks hosted...

3 hours ago
Total Views: 231

Shipping

Bulk Carrier’s Cook Arrested in Mauritius for Gruesome Murder of Captain

Chief Cook stabs Captain 45 times on bulk carrier: “It’s done,” he tells crew mates. By Vel Moonien in Mauritius Just ten months after the alleged massacre of seven Indonesian...

3 hours ago
Total Views: 3039

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Today
China Submarine Model Ship
Navy

As China Menaces Taiwan, the Island’s Friends Aid Its Secretive Submarine Project

By Mari Saito (Reuters) – For more than two decades, Taiwan tried to buy a fleet of modern conventional submarines to fend off an existential threat – invasion by China....

6 hours ago
Total Views: 4834

Shipping

Reluctant Merchants Are Embracing Amazon’s Chartered Ships This Holiday Season

By Matt Day and Spencer Soper (Bloomberg) –Most cargo ships putting into the port of Everett, Washington, brim with cement and lumber. So when the Olive Bay docked in early November, it was clear...

7 hours ago
Total Views: 10481

Sunday, November 28, 2021
Christophe de margerie
Weather

Europe’s Energy Crisis Is About To Get Worse As Winter Arrives

By Rachel Morison (Bloomberg) –Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the...

16 hours ago
Total Views: 2345

Offshore

Germany Continues To Work With U.S. On Nord Stream 2 Pipeline Deal

BERLIN, Nov 28 (Reuters) – Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which...

17 hours ago
Total Views: 1332

Navy

U.S. Navy Ship Rescues Iranian Mariners Adrift For Eight Days

Gulf Of Oman, Navcent Public Affairs–A U.S. Navy vessel rescued two Iranian mariners Nov. 27 from a fishing vessel after it was adrift for eight days in the Gulf of...

19 hours ago
Total Views: 3620


Sunday, November 28, 2021
Ports

Saudi Prince Announces Oxagon, The World’s Largest Floating Industrial Complex

By Vivian Nereim (Bloomberg) –Saudi Arabia’s high-tech “Neom” mega-project plans to expand a tiny local port into a trade and manufacturing hub near the Suez Canal that officials say will compete...

November 28, 2021
Total Views: 5774

Saturday, November 27, 2021
tanker in new york harbor
Shipping

IMO MEPC77: Not Entering The Harbor Just Yet

The International Maritime Organization (IMO)’s MEPC77 meetings have ended; though the dialogue had its moments, there were no dramatic pronouncements coming out of this week’s meetings. The virtual format (even...

November 27, 2021
Total Views: 1294

Piracy

Danish Military Kills Four Pirates During Gun Battle in Gulf of Guinea

Danish military forces on a anti-piracy mission killed four pirates in a gun battle in the Gulf of Guinea this week, Denmark’s Defence Command reported. The military forces are embarked...

November 27, 2021
Total Views: 4729

Maritime Security

Japan Plans To Double Military Spending In Rush To Bolster Air And Sea Defenses

By Tim Kelly TOKYO,(Reuters) – Japan plans to add $6.75 billion to its already record annual military spending in a rush to bolster air and maritime defenses as it becomes more concerned...

November 27, 2021
Total Views: 1133

Shipbuilding

Superyacht Owners Have The Means To Act On Climate Change If They Choose To

By Thomas Gualtieri Nov 27, 2021 (Bloomberg) –There are some things that even billionaires in their superyachts can’t escape. The floating mansions may provide refuge from Covid-19 lockdowns and miserable winters, but no...

November 27, 2021
Total Views: 1331

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Friday, November 26, 2021
Accidents

Large MSC Containership Breaks Moorings and Briefly Grounds at B.C.’s Prince Rupert Port – Video

Strong winds caused a 366-meter-long MSC containership to break free from its moorings and run aground at the Port of Prince Rupert in British Columbia, Canada. The incident took place...

November 26, 2021
Total Views: 7940

imo headquarters
Environment

International Chamber of Shipping Calls MEPC 77 Meeting a ‘Missed Opportunity’ to Decarbonize Shipping

The International Chamber of Shipping (ICS) has issued a statement expressing disappointment following the conclusion of the International Maritime Organization’s (IMO) Maritime Environment Protection Committee (MEPC) 77 meeting, calling the...

November 26, 2021
Total Views: 812

Defense

U.S. Coast Guard Offloads $504 Million Worth of Seized Drugs in Port Everglades

The U.S. Coast Guard this week offloaded approximately 26,250 pounds of cocaine and 3,700 pounds of marijuana from the USCGC Hamilton, marking the largest drug interdiction in the ship’s history....

November 26, 2021
Total Views: 5681

Shipping

South Korean Government to Launch Search for HMM Buyer Next Year

By Martina Li in Taiwan (The Loadstar) By the end of Q1 22, a roadmap to sell the South Korean government’s stake in flagship liner HMM will be unveiled, vice-minister for oceans...

November 26, 2021
Total Views: 1299

offshore wind farm under construction
Offshore

Biden Administration Approves Nation’s Second Commercial-Scale Offshore Wind Farm

The U.S. Department of the Interior has approved the construction and operations of the South Fork Wind project offshore Rhode Island, marking the second approval of a commercial-scale, offshore wind...

November 26, 2021
Total Views: 902