News

The latest maritime and offshore news.


Friday, October 18, 2019
ship emissions
Shipping News

Tramp Shippers Seen Most Challenged by IMO 2020

By Aaron Sheldrick TOKYO, Oct 18 (Reuters) – Shipping companies running itinerant merchant vessels known as tramps are concerned about sourcing fuel to

October 18, 2019
Total Views: 48

Thursday, October 17, 2019
Maersk Could Lose Biggest Carrier Crown
Shipping News

Maersk Could Lose Biggest Carrier Crown

By Mike Wackett (The Loadstar) – MSC is on course to overtake alliance partner Maersk as the biggest ocean carrier by capacity within the next two years.

October 17, 2019
Total Views: 74

port of seattle
Shipping News

Port of Seattle Teams with WeWork to Launch Maritime Startup Accelerator

The Port of Seattle has teamed up coworking firm WeWork to launch Washington State’s first maritime startup accelerator to help budding maritime companies

October 17, 2019
Total Views: 38

msc containership
Shipping News

MSC Rules Out Using the Northern Sea Route

MSC Mediterranean Shipping Company is joining a growing list of carriers that have pledged not to use the Northern Sea Route for shipping between Europe and

October 17, 2019
Total Views: 233

singapore
Shipping News

Singapore’s Floating Storage Flotilla Grows Ahead of IMO 2020

(Bloomberg) –More than 30 oil tankers have anchored in the Malacca Strait off Singapore and Malaysia, according to Kpler, as traders stockpile fuel ahead

October 17, 2019
Total Views: 165

Brexit Deal Heads to U.K. Parliament for Approval
Shipping News

Brexit Deal Heads to U.K. Parliament for Approval

By Philip Blenkinsop and Jonas Ekblom BRUSSELS, Oct 17 (Reuters) – Britain secured a Brexit deal with the European Union on Thursday, more than three

October 17, 2019
Total Views: 26

silhouette of a man with a large cruise ship in the background
Shipping News

Cruise Ships Operators Agree to Pollute Less in French Waters

MARSEILLE, France, Oct 17 (Reuters) – The main cruise ship operators in French waters have agreed on measures to limit pollution caused by their vessels,

October 17, 2019
Total Views: 32

Wednesday, October 16, 2019
IMB: Piracy Incidents Down in 2019, But Gulf of Guinea Risks Remain
Shipping News

IMB: Piracy Incidents Down in 2019, But Gulf of Guinea Risks Remain

The number of piracy and armed robbery at sea incidents was down in first nine months of 2019, but  piracy hotspots like the Gulf of Guinea continue to

October 16, 2019
Total Views: 111

bunkering
Shipping News

France Urges Tax on Ship and Airplane Fuel

By Leigh Thomas PARIS, Oct 15 (Reuters) – France wants the European Union to work on creating a tax on airplane and ship fuels as part of a push

October 16, 2019
Total Views: 39

tanker at sea
Shipping News

Oil Trading in U.S. Gulf Dries Up as Tanker Rates Skyrocket

By Sheela Tobben (Bloomberg) –Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers

October 16, 2019
Total Views: 49

tanker deck
Shipping News

COSCO Supertanker Wins Temporary U.S. Waiver

SINGAPORE, Oct 16 (Reuters) – A supertanker owned by COSCO Shipping Tankers (Dalian) has received a temporary waiver from U.S. sanctions that has allowed

October 16, 2019
Total Views: 40

cosco tanker
Shipping News

U.S. ‘Deeply Concerned’ About Chinese Tankers Going Dark

By Timothy Gardner and Arshad Mohammed WASHINGTON, Oct 16 (Reuters) – The White House is warning Chinese shipping companies against turning off their

October 16, 2019
Total Views: 102

Tuesday, October 15, 2019
Ytterøyningen ferry
Environment

Fire and Gas Explosion in Battery Room of Norwegian Ferry Prompts Lithium-Ion Power Warning

Norwegian authorities are warning shipowners and operators about the dangers associated with lithium-ion battery systems after a fire and subsequent gas

October 15, 2019
Total Views: 1483

vlcc tanker u-turn
Shipping News

U.S.-Asia Tanker Rates Slip from Record Highs as Tanker Fears Ease

By Collin Eaton, Devika Krishna Kumar and Julia Payne HOUSTON/NEW YORK/LONDON, Oct 15 (Reuters) – Freight rates to ship U.S. crude to Asia eased on

October 15, 2019
Total Views: 32

Offshore Patrol Cutter Drawing
Shipping News

DHS Grants ESG Contract Relief for Offshore Patrol Cutters

The U.S. Department of Homeland Security has granted extraordinary contract relief to Eastern Shipbuilding Group related to the first four hulls in the Coast

October 15, 2019
Total Views: 110

A search operation continues near the Margaret bridge on the Danube river after a boat carrying South Korean tourists capsized in Budapest, Hungary, June 1, 2019. REUTERS/Bernadett Szabo
Shipping News

Captain Expected to Face Charges Over Danube Cruise Disaster

BUDAPEST, Oct 15 (Reuters) – Hungarian prosecutors are expected to charge the captain of a cruise ship that struck and sank a small tourist vessel on the

October 15, 2019
Total Views: 31

satellite dish
Shipping News

Business of Shipping: Incident Prompts U.S. Coast Guard to Refocus on Cyber Security

By Ira Breskin – NEW YORK –The local Coast Guard unit now is implementing critical lessons learned from a recently completed turbocharged cybersecurity

October 15, 2019
Total Views: 146

vigor industrial
Shipbuilding

Carlyle Completes Vigor, MHI Holdings Acquisition

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition

October 15, 2019
Total Views: 294

Stock photo shows an oil tanker at a terminal
Shipping News

Dilemma for Oil Refiners as Surging Ship Costs Kill Margins

By Serene Cheong and Sharon Cho (Bloomberg) –Oil refiners hoping for some fourth-quarter gravy are facing disappointment as surging freight rates inflate

October 15, 2019
Total Views: 33

Monday, October 14, 2019
oil tanker
Shipping News

Geopolitical Risks Send Supertanker Rates to Record Levels

By Olivia Konotey-Ahulu and Firat Kayakiran (Bloomberg) –Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels

October 14, 2019
Total Views: 85