News

The latest maritime and offshore news.


Friday, August 23, 2019
Trump Jacks Up Tariffs on Chinese Imports in Latest Trade Tit-for-Tat
Shipping News

Trump Jacks Up Tariffs on Chinese Imports in Latest Trade Tit-for-Tat

WASHINGTON, Aug 23 (Reuters) – President Donald Trump said on Friday the United States would subject Chinese imports to an additional 5% tariff in

August 23, 2019
Total Views: 23

China Tariffs on U.S. Oil to Pressure Exports, Gulf Coast Prices
Shipping News

China Tariffs on U.S. Oil to Pressure Exports, Gulf Coast Prices

HOUSTON, Aug 23 (Reuters) – China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs

August 23, 2019
Total Views: 40

Stock photo shows an oil tanker at a terminal
Shipping News

Trafigura’s Big Bet on Shipping Pays Off With Frontline Deal

By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give

August 23, 2019
Total Views: 58

Wallenius Wilhelmsen ship
Shipping News

Wallenius Wilhelmsen Charged with Criminal Cartel Conduct in Australia

SYDNEY, Aug 23 (Reuters) – Norwegian shipping company Wallenius Wilhelmsen Ocean AS (WWO) has been charged with criminal cartel conduct, Australian

August 23, 2019
Total Views: 168

modular nuclear power plant ship Akademik Lomonosov
Shipping News

Russia’s New Floating Nuclear Power Plant Sets Sail for the Arctic

MURMANSK, Russia, Aug 23 (Reuters) – Russia’s first floating nuclear power plant set sail on Friday from the Arctic port of Murmansk to provide

August 23, 2019
Total Views: 152

vlcc tanker
Shipping News

Trafigura Takes Stake in Frontline

By Victoria Klesty and Terje Solsvik OSLO, Aug 23 (Reuters) – Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal

August 23, 2019
Total Views: 45

CMA CGM ANTOINE DE SAINT EXUPERY
Shipping News

CMA CGM Rules Out Northern Sea Route for its Fleet

CMA CGM has ruled out using the Northern Sea Route for trade between Asia and Europe despite it being navigable during much of the year due to climate change.

August 23, 2019
Total Views: 100

Thursday, August 22, 2019
Norway Approves Funding for Floating Wind Farm at North Sea Oil Fields
Shipping News

Norway Approves Funding for Floating Wind Farm at North Sea Oil Fields

Norwegian government-run Enova has approved funding of up to NOK 2.3 billion (US$256 million) to support a project that would develop the world’s first

August 22, 2019
Total Views: 605

titanic bow
Interesting

First Manned Dives to the Titanic in 14 Years Raises Questions Over its Future

A Florida-based submersible firm has completed the first manned dive to the wreck of the RMS Titanic in more than fourteen years, capturing ground-breaking

August 22, 2019
Total Views: 310

sea machines autonomous skimmer vessel
Interesting

Sea Machines Tests Autonomous Skimming Vessel with MARAD

Sea Machines says it has successfully tested its autonomous technology in marine oil-spill response operations as part of a cooperation agreement with the U.S.

August 22, 2019
Total Views: 116

product tanker mr oil ship
Piracy

West African Oil Hits Sweet Spot with IMO 2020

By Noah Browning LONDON, Aug 22 (Reuters) – African states like Chad and Cameroon are shaping up to be big winners from new rules to cut sulfur emissions

August 22, 2019
Total Views: 63

iranian tanker Adrian Darya 1
Shipping News

Iranian Tanker Wanted By United States Not Heading to Greece

PARIS, Aug 22 (Reuters) – An Iranian tanker which the United States wants seized is not heading towards Greece as it sails through the Mediterranean,

August 22, 2019
Total Views: 45

container ship
Shipping News

Citigroup’s New Shipping Finance Chairman to Deepen Environmental Focus

By Jonathan Saul LONDON, Aug 22 (Reuters) – Citigroup’s veteran shipping finance banker Michael Parker is to become chairman of the bank’s

August 22, 2019
Total Views: 31

LNG Barge rendering
Shipbuilding

Fincantieri Bay Shipbuilding to Construct LNG Barge for U.S. East Coast Market

Fincantieri Bay Shipbuilding has been selected to construct an LNG barge to serve the U.S. east coast market. The vessel will be constructed at Fincantieri Bay

August 22, 2019
Total Views: 165

luventa migrant rescue ship
Shipping News

Captain of Migrant Rescue Vessel Refuses Paris’ Highest Civilian Award

By Forrest Crellin PARIS, Aug 21 (Reuters) – The German captain of rescue ships that saved hundreds of migrants’ lives in the Mediterranean has

August 22, 2019
Total Views: 77

Wednesday, August 21, 2019
Interview: Spain’s Salvage Director Jose Luis Garcia Lena Talks Maritime Rescue
Accidents

Interview: Spain’s Salvage Director Jose Luis Garcia Lena Talks Maritime Rescue

Interview by Paul González-Morgan (Marine Strategy) – Jose Luis Garcia Lena is Director of Spain’s Salvage and Maritime Safety Society (SASEMAR),

August 21, 2019
Total Views: 89

whiskey glass
Shipping News

Proposed Ferry Could Save Scottish Whisky Exports Post-Brexit

By Toby Sterling AMSTERDAM, Aug 21 (Reuters) – A Scottish company and a Dutch port are discussing launching a new ferry line ahead of Britain’s

August 21, 2019
Total Views: 110

Stena Impero, a British-flagged vessel owned by Stena Bulk, is seen at Bandar Abbas port
Shipping News

Stena Impero Owner Meets with Iran to Urge Its Release

LONDON, Aug 21 (Reuters) – The owner of a British-flagged tanker detained in Iran has met the country’s foreign minister, Mohammad Javad Zarif, to

August 21, 2019
Total Views: 59

Stock photo of a tanker at sea
Shipping News

Iran Says Major Waterways Won’t Be as Safe of Oil Exports Cut to Zero

GENEVA, Aug 21 (Reuters) – If Iran’s oil exports are cut to zero, international waterways will not have the same security as before, its president

August 21, 2019
Total Views: 25

Tuesday, August 20, 2019
grace 1 supertanker
Shipping News

Greece Says No Request Made for Iranian Oil Tanker to Dock

ATHENS, Aug 20 (Reuters) – Greece said on Tuesday it had not had a request for an oil tanker at the center of a row between Iran and the

August 20, 2019
Total Views: 56