Friday, August 26, 2022
China PLAN Military news
Navy

China Moves To Erase Taiwan Strait Line

By Yimou Lee and Greg Torode (Reuters) For nearly 70 years an imagined line running down the Taiwan Strait between Taiwan and China has helped keep the

August 26, 2022
Total Views: 4536

USCGC Oliver Henry
USCG

US Coast Guard Can’t Bunker In Solomon Islands 

By Kirsty Needham (Reuters) A United States Coast Guard vessel was unable to enter Solomon Islands for a routine port call because the Solomon Islands

August 26, 2022
Total Views: 15150

China Oil tanker at PDVSA's Jose Antonio Anzoategui industrial complex
Defense

China Defense Firm Ships Venezuelan Oil

by Chen Aizhu (Reuters) China has entrusted a defense-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of a deal

August 26, 2022
Total Views: 3151

Coal Loading Cranes
News

EU Ban Hits Russian Seaborne Coal Exports

(Bloomberg) Russian seaborne coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel

August 26, 2022
Total Views: 2536

Dennis Uy
Finance

Philippine Shipping Mogul Dennis Uy To Sell Crown Jewels

Uy accepted billions in loans - including more than $1 billion from Chinese banks to fund a partnership deal with China Telecommunications - and now the

August 26, 2022
Total Views: 5809

Thursday, August 25, 2022
People relax on the beach with Britain's biggest container port in Felixstowe, Britain
Ports

Felixstowe Port Strike Already Threatens Christmas

By Brendan Murray (Bloomberg) — Strikes at Britain’s biggest container port this week have already caused major disruption to trade and are

August 25, 2022
Total Views: 3600

Damen delivers a Cutter Suction Dredger (CSD) 650 in just 44 days
Press Releases

Damen delivers a Cutter Suction Dredger (CSD) 650 in just 44 days

Damen has delivered a CSD650 to HAC Cranes for an end user in Kuwait. The stationary dredger, named GD4000, was mobilized from stock and outfitted, inspected

August 25, 2022
Total Views: 1356

Justice Department Sinks Maersk’s Reefer Business Sale to China’s CIMC
Shipping

Justice Department Sinks Maersk’s Reefer Business Sale to China’s CIMC

Maersk and China International Marine Containers (CIMC) have abandoned plans for the sale of Maersk’s reefer container business to CIMC after a U.S.

August 25, 2022
Total Views: 2898

bulk carrier at sea
Shipping

Baltic Dry Index Falls Sharply as Capesize Rates Plunge 30%

Aug 25 (Reuters) – The Baltic Exchange’s main sea freight index .BADI registered its worst fall in three months on

August 25, 2022
Total Views: 1125

Watch: 40-Meter Superyacht Sinks Off Italy
Accidents

Watch: 40-Meter Superyacht Sinks Off Italy

Some billionaire just had a really bad day. Or as the ol’ joke goes, maybe it was one of the best—who knows? A 40-meter superyacht sank off the coast

August 25, 2022
Total Views: 20575

Trucks At Port Of LA
Shipping

Viewpoint: FMC Emergency Order Won’t Be Enough to Alleviate Congestion

By Maia Kemp-Welch (The Loadstar) – A Federal Maritime Commission (FMC) emergency order “won’t be enough” to alleviate supply chain congestion in

August 25, 2022
Total Views: 1233

Cuba Boosts Fuel Imports and Reshuffles Shipping After Terminal Fire
Shipping

Cuba Boosts Fuel Imports and Reshuffles Shipping After Terminal Fire

By Marianna Parraga HOUSTON, Aug 25 (Reuters) – Cuba is using a combination of ship-to-ship transfers and floating oil storage to ease fuel scarcity

August 25, 2022
Total Views: 1030

tanker underway
Shipping

Iran Looks to Fill Void in Europe’s Oil Market Left By Russia

By Anthony Di Paola, Serene Cheong and Sharon Cho (Bloomberg) — Iran is aiming to fill the void left behind by Russia in the European oil market if the

August 25, 2022
Total Views: 1318

Svitzer Looks to Slowing Tugs to Help Lower Emissions
Environment

Svitzer Looks to Slowing Tugs to Help Lower Emissions

Global towage operator Svitzer, part of A.P. Moller-Maersk, is launching a new global initiative that will limit the speed of its tugs in order help reduce

August 25, 2022
Total Views: 998

offshore oil rig
Offshore

Mo Money Mo Problems: Guyana Faces Challenges Managing Newfound Offshore Oil Wealth

By Gram Slattery GEORGETOWN, Aug 25 (Reuters) – Ever since Exxon Mobil found vast deposits of oil off Guyana’s coastline in 2015,

August 25, 2022
Total Views: 1626

Wednesday, August 24, 2022
bulk carrier
Shipping

Capesize Rates Drag Baltic Dry Index Down Further

Aug 24 (Reuters) – The Baltic Exchange’s main sea freight index fell on Wednesday, as rates for the capesize vessel segment dropped to their

August 24, 2022
Total Views: 1190

Damage to the M/V AP Revelin's port quarter. Photo courtesy U.S. Coast Guard
Accidents

Incident Photos: Cargo Ship and Bulker Damaged in Sabine Pass Collision

A cargo ship and bulk carrier sustained damage following a collision in Sabine Pass ship channel over the weekend after one of the vessels suffered a loss of

August 24, 2022
Total Views: 22521

tanker at sea
Shipping

U.S. to Continue Record Crude Exports in 2023 as Energy Crisis Deepens

By Sheela Tobben and Devika Krishna Kumar (Bloomberg) — US crude sales overseas are set to hit fresh records through next year as American oil

August 24, 2022
Total Views: 2044

two tankers conduct ship-to-ship transfer
Shipping

Sanctions-Hit Russia Sending Fuel Oil to Asia Using Ship-to-Ship Transfers

MOSCOW, Aug 24 (Reuters) – Under pressure from Western sanctions, Russia is exporting more fuel oil to Asia and using ship-to-ship transfers to

August 24, 2022
Total Views: 2779

Foss Tug Fitted with Autonomous System Receives ABS Approval in Principle
Shipping

Foss Tug Fitted with Autonomous System Receives ABS Approval in Principle

International classification society American Bureau of Shipping (ABS) has verified the design of a Foss harbor tug outfitted with an autonomous self-piloting

August 24, 2022
Total Views: 2014