Friday, April 19, 2024
Offshore

New York Fails to Reach Contracts with Three Major Offshore Wind Farms

April 19 (Reuters) – A New York state agency on Friday said it had failed to reach final contract agreements with the developers of three

April 19, 2024
Total Views: 3275

News

Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure

(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to

April 19, 2024
Total Views: 2271

Shipping

Finland Joins World’s Largest Maritime Security Partnership

Finland has officially joined the Combined Maritime Forces (CMF), becoming the 43rd member of the world’s largest maritime security partnership. Vice

April 19, 2024
Total Views: 1327

Shipping

IMF Revises Down Mideast Growth Outlook on War, Trade Disruptions

DUBAI, April 18 (Reuters) – The International Monetary Fund said on Thursday Middle East economies would grow at a slower pace this year than it

April 19, 2024
Total Views: 407

Shipping

EU Maritime Emissions Surge Amid Red Sea Diversions

New data has revealed a significant increase in the carbon emissions of the European Union’s (EU) marine shipping sector. According to Kayrros, a global

April 19, 2024
Total Views: 993

Shipping

U.S. Department of Energy Commits to Decarbonizing the Maritime Sector by 2050

During the Singapore Maritime Week, the U.S. Department of Energy endorsed a strategy to achieve net-zero emissions in the marine transportation sector by

April 19, 2024
Total Views: 717

Shipping

Shipping Industry Issues Plea to UN to Protect Maritime Security and Seafarers

The global shipping industry has sent an urgent joint letter to the Secretary-General of the United Nations, Antonio Guterres, urging the UN to do more to

April 19, 2024
Total Views: 635

Thursday, April 18, 2024
Ports

Port of Rotterdam’s Throughput Falls Amid Global Tensions

Europe’s busiest port, the Port of Rotterdam, saw a decline of 1.4% in its total throughput in the first quarter of 2024 compared to last year. In total,

April 18, 2024
Total Views: 1175

Shipping

Canada Raises Penalties for Maritime Violations

Canada’s Minister of Transport, Pablo Rodriguez, has announced a substantial increase in the value of monetary penalties for violations under the Canada

April 18, 2024
Total Views: 1535

Shipping

Venezuela’s Loss of Key U.S. Export License to Hit Oil Sector

By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, April 18 (Reuters) – Venezuela’s loss of a key U.S. license that allowed it to freely

April 18, 2024
Total Views: 1642

Shipping

Houthis Claim They Conducted ‘Operations’ in Indian Ocean

DUBAI, April 18 (Reuters) – The leader of Yemen’s Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the

April 18, 2024
Total Views: 3522

Ports

Record-Breaking Month for Ro/Ro Cargo at Georgia’s Port of Brunswick

Colonel’s Island Terminal at the Port of Brunswick in Georgia has set a new record in March, handling 77,236 units of Roll-on/Roll-off (Ro/Ro) cargo. This

April 18, 2024
Total Views: 730

Shipbuilding

Biden Administration Launches Probe into China’s Unfair Shipbuilding Practices

The United States Trade Representative (USTR) has announced the launch of an investigation into alleged unfair trade practices by China in the shipbuilding,

April 18, 2024
Total Views: 1425

News

Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions

(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the

April 18, 2024
Total Views: 1694

Shipping

Pop-Up Russian Oil Traders Emerge As US Tightens Sanctions Grip

(Bloomberg) — As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole.

April 18, 2024
Total Views: 634

Wednesday, April 17, 2024
Ports

Port of Los Angeles Eyes Continued Momentum as Container Volumes Surge

The Port of Los Angeles reported a 19% increase in container units handled in March, marking the eighth consecutive month of year-over-year growth. The port

April 17, 2024
Total Views: 1460

Shipping

$316 Million in Funding Announced to Modernize U.S. Ferries

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced the availability of $316 million to support and modernize

April 17, 2024
Total Views: 1920

Accidents

Maersk Gives Update Following Baltimore Key Bridge Collapse

Global shipping giant Maersk has released a detailed update on its operations following the collapse of Baltimore’s Key Bridge. The company, which

April 17, 2024
Total Views: 16434

Shipping

MSC Aries’ Crew Reported Safe

By Jonathan Saul LONDON, April 17 (Reuters) – The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm

April 17, 2024
Total Views: 3115

Shipping

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

(Bloomberg) — President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela, ending a six-month reprieve, if Nicolas Maduro’s

April 17, 2024
Total Views: 1690