Monday, July 10, 2017
COSCO Deal to Make Ex-Hong Kong Chief, Family $1 Billion Richer
News

COSCO Deal to Make Ex-Hong Kong Chief, Family $1 Billion Richer

By Robert Olsen (Bloomberg) — Former Hong Kong Chief Executive Tung Chee-hwa and his family will be about $1 billion richer with the sale of their

July 10, 2017
Total Views: 56

nitc tanker
News

Iranian Tanker Company NITC Says Oil Shipments to Europe Increasing

By Can Sezer ISTANBUL, July 10 (Reuters) – NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily

July 10, 2017
Total Views: 106

Statoil’s Two-Well Exploratory Drilling Campaign Offshore Newfoundland Comes Up Empty
Offshore

Statoil’s Two-Well Exploratory Drilling Campaign Offshore Newfoundland Comes Up Empty

Norwegian oil company Statoil announced Monday that its two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland did not result in

July 10, 2017
Total Views: 54

COSCO Containers
News

COSCO Buying OOCL Would Create Trans-Pacific Container King

By Kyunghee Park, Daniela Wei and Shawna Kwan (Bloomberg) — China is the new leader of shipping trade to the Americas. State-owned Cosco Shipping

July 10, 2017
Total Views: 108

auger tension leg platform
News

Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward

July 10, 2017
Total Views: 63

cosco developement
Interesting

COSCO Shipping to Buy OOCL for $6.3 Billion

By Brenda Goh and Matthew Miller SHANGHAI/BEIJING, July 9 (Reuters) – COSCO Shipping Holdings Co Ltd has offered to buy Orient Overseas International Ltd

July 10, 2017
Total Views: 200

Sunday, July 9, 2017
COSCO Containers
Finance

COSCO Offers $6.3 Billion For Orient Overseas

By Brenda Goh and Matthew Miller (Reuters) COSCO Shipping Holdings Co Ltd (601919.SS) has offered to buy Orient Overseas International Ltd (OOIL) (0316.HK) for

July 9, 2017
Total Views: 28

Saturday, July 8, 2017
Port workers are seen in front of a shipping vessel unloading its cargo in the port of Banjul
Ports

China, France Bid On Gambian Port Upgrade

By Emma Farge (Reuters) Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a

July 8, 2017
Total Views: 64

Friday, July 7, 2017
China's aircraft carrier Liaoning sails into Hong Kong
Defense

Chinese Aircraft Carrier Sails into Hong Kong on Maiden Visit

By Greg Torode HONG KONG, July 7 (Reuters) – China‘s first aircraft carrier sailed into Hong Kong waters on Friday, its latest show of growing

July 7, 2017
Total Views: 115

Panama Canal Does Some Good While Upending Historic Trade Routes
News

Panama Canal Does Some Good While Upending Historic Trade Routes

By Jessica Shankleman (Bloomberg) — Fresh from a $5.25 billion, nine-year expansion that’s upending decades-old trade routes, it turns out

July 7, 2017
Total Views: 47

China, EU Bolster Greener Global Shipping to Curb Emissions
Shipping News

China, EU Bolster Greener Global Shipping to Curb Emissions

By Anna Hirtenstein (Bloomberg) — The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed

July 7, 2017
Total Views: 19

Maersk Says Too Early to Predict Financial Impact of Cyber Attack
News

Maersk Says Too Early to Predict Financial Impact of Cyber Attack

SHANGHAI, July 7 (Reuters) – Maersk on Friday said it was too early to predict the financial impact on its second- and third-quarter results from a cyber

July 7, 2017
Total Views: 24

Thursday, July 6, 2017
Empty Maersk shipping containers are seen stacked at Peel Ports container terminal in Liverpool
Incidents

Maersk Hopes For Full Cyber Recovery Early Next Week

Jacob Gronholt-Pedersen (Reuters) Danish shipping giant A.P. Moller-Maersk expects container shipments to be back to normal early next week, it said on

July 6, 2017
Total Views: 22

Maritime Wakes Up To Security Risks
Maritime Security

Maritime Wakes Up To Security Risks

Security is the Achilles’ heel of connected technology. In the maritime space, cyber risks conflate with vessel safety making a multifaceted response

July 6, 2017
Total Views: 110

Cruise ship- Sun Princess air-pollution
Environment

Cruiseship Air Pollution Is Worse Than Most Cities

by Will Coldwell (TheGuardian) Passengers lounging on cruise ship pool decks could be exposing themselves to dangerous levels of pollution, according to an

July 6, 2017
Total Views: 144

HMAS Bundaberg Underway passing the Sydney Opera House
Defense

Australia Wants Exports With $68 Billion Naval Investment

By Jason Scott (Bloomberg) Australia wants more from its $68 billion investment in new ships and submarines than just a more capable navy.   With final

July 6, 2017
Total Views: 76

cosco development
News

COSCO Shipping Flags First-Half Profit on Improving Market

SHANGHAI, July 6 (Reuters) – China’s COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half,

July 6, 2017
Total Views: 54

Wednesday, July 5, 2017
An oil painting of the explosion of the San José during a 1708 battle off Cartagana, Colombia. Image: Creative Commons
News

Colombia Moves Toward Salvaging Treasure from Sunken Spanish Galleon

BOGOTA, July 5 (Reuters) – Colombia is making progress towards salvaging a Spanish galleon carrying jewels and coins that sank more than 300 years ago,

July 5, 2017
Total Views: 83

MT ARIS 13 hijacking
News

International Piracy at Lowest Level in Five Years -IMB

The second quarter of 2017 saw a continuing decline in the number of reported incidents of maritime piracy and armed robbery against ships, according to

July 5, 2017
Total Views: 39

qatar lng ship
News

Qatar Seeks to Retain Its LNG Crown Despite Saudi-Led Boycott

  By Mohammed Aly Sergie, Anna Shiryaevskaya and Kelly Gilblom (Bloomberg) — Qatar just undermined Australia’s efforts to overtake it as

July 5, 2017
Total Views: 40