Thursday, May 2, 2024
Shipping

U.S. Targets Russia’s Arctic Shipping Capacity in Latest Round of Sanctions

By Malte Humpert (gCaptain) – In an effort to further disrupt Russia’s ability to develop Arctic gas and oil projects the U.S. State Department

May 2, 2024
Total Views: 1079

News

Lloyd’s Insurers Expect Moderate Baltimore Bridge Claims

LONDON, May 2 (Reuters) – Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of

May 2, 2024
Total Views: 1356

Shipping

Maersk Raises Financial Forecast for 2024 Amid Strong Market Demand, Red Sea Disruptions

A.P. Moller – Maersk has revised its financial guidance for 2024 after a strong Q1. The company now expects an underlying EBIT of USD -2.0 to 0.0 billion

May 2, 2024
Total Views: 653

Wednesday, May 1, 2024
Cruise Ships

Viking Shares Surge in NYSE Debut

By Mehnaz Yasmin and Granth Vanaik May 1 (Reuters) – Shares of Viking Holdings rose 9% in their debut on the New York Stock Exchange on Wednesday,

May 1, 2024
Total Views: 1983

Offshore

Transocean Secures Offshore Drilling Contract at $505,000 Day Rate

Offshore drilling contractor Transocean has announced securing an offshore drilling contract above the highly coveted $500,000 day rate mark amid continued

May 1, 2024
Total Views: 3531

Ports

East Coast Port Dwell Times Unaffected By Diverted Baltimore Containers

The March 26 collapse of the Francis Scott Key Bridge and subsequent closure of the Port of Baltimore has led to the diversion of containers originally bound

May 1, 2024
Total Views: 2162

Shipping

Port Constraints for Canada’s Trans Mountain Pipeline May Crimp Oil Exports

May 1 (Reuters) – Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline

May 1, 2024
Total Views: 1635

News

Trudeau’s $25 Billion Trans Mountain Expansion Starts Commercial Operations

(Bloomberg) — The expanded Trans Mountain pipeline has entered commercial operation, concluding a decade-long wait for one of Canada’s largest and most

May 1, 2024
Total Views: 1454

Defense

China’s Third and Largest Aircraft Carrier Heads for Sea Trials

By Bloomberg News (Bloomberg) — China’s largest and most advanced warship has begun its first sea trial, paving the way for the country to enhance its

May 1, 2024
Total Views: 4063

Marine Weather

El Nino, Water Management Issues Blamed for Snarling Panama Canal

SAO PAULO, May 1 (Reuters) – The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama

May 1, 2024
Total Views: 1267

Shipbuilding

Record Month for Containership Newbuild Deliveries in April

Alphaliner reports a record month for containership newbuild deliveries in April, surpassing the previous record set in March. A staggering 50 new ships were

May 1, 2024
Total Views: 1448