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Monday, March 11, 2024
Photo courtesy Port Authority of New York and New Jersey
Ports

Port of New York and New Jersey Kicks off 2024 Strong

The Port of New York and New Jersey began 2024 on a high note with a notable increase in container volume and a significant boost in auto numbers. Container

March 11, 2024
Total Views: 2265

An illustration showing the Goliat FPSO powered by floating offshore wind turbines. Photo courtesy Odfjell Oceanwind
Offshore

Odfjell Oceanwind Secures Major Funding for Barents Sea Floating Wind Project

Odfjell Oceanwind, in partnership with Source Galileo Norge and Kansai Electric Power Company, has been awarded a significant grant amounting to around US $190

March 11, 2024
Total Views: 1122

A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

IMF PortWatch: Suez Canal Trade Cut in Half

Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent

March 11, 2024
Total Views: 2296

Friday, March 8, 2024
Photo shows an oil sheen in the water off Hungtington Beach. Photo courtesy U.S. Coast Guard
Offshore

Oil Sheen Reported Near Southern California Platforms

A Unified Command has been established to respond to an oil sheen spotted offshore of Huntington Beach, California, near oil platforms. Sector Los Angeles-Long

March 8, 2024
Total Views: 933

FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Ports

US Lawmakers Demand Answers from Chinese Crane Manufacturer Over Port Security Concerns

Key members of the House Homeland Security Committee are seeking answers from Shanghai Zhenhua Heavy Industries (ZPMC), a firm with close ties to the Chinese

March 8, 2024
Total Views: 2760

US Container Imports Resilient Despite Shipping Challenges
Shipping

US Container Imports Resilient Despite Shipping Challenges

Inbound cargo volume at the nation’s major container ports remains poised for year-over-year growth through the first half of 2024 despite disruptions caused

March 8, 2024
Total Views: 754

Thursday, March 7, 2024
A worker on a container crane at the Port of Los Angeles
Shipping

Strong Month for U.S. Imports in February

In February 2024, U.S. container import volumes declined 6% from January, but jumped 23.3% when compared to the same month last year, according to the March

March 7, 2024
Total Views: 1500

Photo of the MV True Confidence after it was struck by a Houthi anti-ship ballistic missile in the western Gulf of Aden, March 6, 2024. Photo courtesy U.S. Central Command.
Shipping

Shipping Reacts to Fatal Attack on ‘True Confidence’

The deaths of three seafarers on board the True Confidence following a Houthi missile strike marks first fatalities since the Houthis stepped up attacks

March 7, 2024
Total Views: 7181

Wednesday, March 6, 2024
Photo of the MV True Confidence after it was struck by a Houthi anti-ship ballistic missile in the western Gulf of Aden, March 6, 2024. Photo courtesy U.S. Central Command.
Piracy

Three Dead After Houthi Missile Attack on Bulk Carrier

The U.S. Central Command has confirmed three fatalities on board the Barbados-flagged bulk carrier True Confidence after the ship was struck by an anti-ship

March 6, 2024
Total Views: 12576

Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Tanker Newbuild Contracting Surges to Kick Off 2024

BIMCO is reporting a significant surge in crude tanker newbuild contracting in the first two months of 2024, with a 490% year-on-year increase to 7.4 million

March 6, 2024
Total Views: 1186

A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Maxar Technologies/Handout via REUTERS
Shipping

Telecoms Company Confirms Damage to Red Sea Submarine Cables

HGC Global Communications, a leading Hong Kong-based telecommunications provider, has reported substantial damage to several undersea communications cables in

March 6, 2024
Total Views: 2483

File photo shows a seafarer standing on the deck of a ship
Shipping

IMO and ILO Launch Joint Efforts to Combat Violence and Harassment in Maritime

The International Maritime Organization (IMO) and the International Labour Organization (ILO) have issued a series of recommendations in a concerted effort to

March 6, 2024
Total Views: 655

Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS
Shipping

New Sanctions Target Houthi Financial Network

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has taken additional measures to target shipments of Iranian goods facilitated by

March 6, 2024
Total Views: 868

Tuesday, March 5, 2024
New Bill Targets Coast Guard’s Handling of Sexual Assault Cases
Shipping

New Bill Targets Coast Guard’s Handling of Sexual Assault Cases

A bipartisan bill has been introduced to enhance accountability and transparency within the U.S. Coast Guard to protect service members against sexual assault

March 5, 2024
Total Views: 1761

Damage to Mark E Kuebler stern hull and fendering system from the Nisalah propeller. (Source: NTSB)
Accidents

NTSB Reveals Cause of Tug and Tanker Collision in Corpus Christi Ship Channel

National Transportation Safety Board says speed and hydrodynamic forces played a role in a collision between a tugboat and a tanker in the Corpus Christi Ship

March 5, 2024
Total Views: 6140

Satellite image captured by Planet Labs shows a ship-to-ship transfer of crude off the coast of Kuala Linggi, Malaysia, on April 16, 2020. Picture taken April 16, 2020. Planet Labs/Handout via REUTERS
Defense

Planet Labs Secures Major U.S. Navy Contract for Advanced Maritime Monitoring

Planet Labs PBC, a provider of daily Earth data and insights, has announced a major contract award from the Naval Information Warfare Center (NIWC) Pacific for

March 5, 2024
Total Views: 1821

Monday, March 4, 2024
The Italian frigate Caio Duilio.
Defense

Italian Warship Shoots Down Houthi Drone in Red Sea

The Italian Navy warship, Caio Duilio, shot down a drone in the Red Sea on Saturday. This defensive action was part of the EU’s recently-launched naval

March 4, 2024
Total Views: 2338

MOLCT-operated chemical tanker Ensemble. Photo courtesy MOL
Shipping

MOL Boosts Chemical Tanker Fleet with $400 Million Fairfield Acquisition

MOL Chemical Tankers (MOLCT), a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL), has completed its acquisition of all shares of Fairfield Chemical

March 4, 2024
Total Views: 1490

Mega Rail aerial
Ports

Port of Savannah Container Volumes Surge in February

The Georgia Ports Authority (GPA) saw a significant increase in container volumes at the Port of Savannah in February, with 451,670 twenty-foot equivalent

March 4, 2024
Total Views: 1135

Friday, March 1, 2024
Tidewater offshore vessel at sea
Offshore

Tidewater Shares Surge as 2023 Revenue Tops $1 Billion

Shares of Houston-based offshore support vessel operator Tidewater Inc. (NYSE:TDW) surged as much as 15% on Friday following its fourth quarter and full year

March 1, 2024
Total Views: 2679
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