News

The latest maritime and offshore news.


Friday, May 10, 2024
News

South China Sea: Why Are China and Philippines Tensions Heating Up?

MANILA, May 10 (Reuters) – An escalating diplomatic row and recent maritime run-ins between China and the Philippines have made the highly

May 10, 2024
Total Views: 3470

Thursday, May 9, 2024
hyundai heavy industries shipbuilding
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Ship Repair Firm HD Hyundai Marine Solution to Use IPO Proceeds to Boost Growth

(Bloomberg) — Only a day after completing South Korea’s biggest initial public offering in two years, KKR & Co.-backed shipping repair company HD

May 9, 2024
Total Views: 446

Wednesday, May 8, 2024
News

Insurance Firms Deny Chevron’s Claim for Iran Oil Seizure from ‘Advantage Sweet’

HOUSTON, May 8 (Reuters) – Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by

May 8, 2024
Total Views: 1421

Thursday, May 2, 2024
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Port of Antwerp Plans Namibia Hydrogen Harbor

(Bloomberg) — Port of Antwerp Bruges plans to develop a €250 million ($267 million) hydrogen and ammonia storage and export facility at the Namibian

May 2, 2024
Total Views: 1278

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

Wednesday, May 1, 2024
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

Tuesday, April 30, 2024
News

Philippines Accuses China of Damaging its Vessels in Disputed South China Sea Shoal

BEIJING/MANILA, April 30 (Reuters) – The Philippines on Tuesday accused China’s coast guard of harassment and of damaging two

April 30, 2024
Total Views: 897

Monday, April 29, 2024
News

US Military’s Pier in Gaza to Cost $320 Million

WASHINGTON, April 29 (Reuters) – The U.S. military’s cost estimate to build a pier off Gaza to deliver humanitarian aid has risen to $320

April 29, 2024
Total Views: 1822

Saturday, April 27, 2024
Chinese Coast Guard vessels fire water cannons towards a Philippine resupply vessel Unaizah May 4 on its way to a resupply mission at Second Thomas Shoal in the South China Sea. REUTERS/Adrian Portugal TPX IMAGES OF THE DAY
Shipping News

Philippines Denies Deal With China Over Disputed South China Sea Shoal

MANILA, April 27 (Reuters) – The Philippines on Saturday denied a Chinese claim that the two countries had reached an agreement over an escalating

April 27, 2024
Total Views: 1404

News

Paris 2024 Olympics Flame Sets Sail For France In Final Relay Leg

ATHENS, April 27 (Reuters) – The Paris 2024 Olympic flame sailed for France on Saturday on board a three-masted ship to mark the final sprint

April 27, 2024
Total Views: 1212

Friday, April 26, 2024
News

Yemen’s Houthis Target MSC Ship in Gulf of Aden

DUBAI, April 25 (Reuters) – Yemen’s Houthis said they targeted the MSC Darwin ship in the Gulf of Aden on Thursday, as the Iran-aligned

April 26, 2024
Total Views: 1202

News

Subsea Cable Damage Cuts Internet to Islands Off Africa Coast

(Bloomberg) — Damage to an undersea cable off the African coast is exacerbating disruptions of internet services to the continent, impacting

April 26, 2024
Total Views: 2230

Wednesday, April 24, 2024
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Steep Discounts, New Vessels Spur Demand for LNG to Power Ships

SINGAPORE, April 24 (Reuters) – Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more

April 24, 2024
Total Views: 811

Saturday, April 20, 2024
Migrants in Lampedusa. REUTERS/Yara Nardi//File Photo
News

Italian Judge Throws Out Case Against Migrant NGOs After Seven Years

ROME (Reuters) – An Italian judge on Friday cleared three migrant sea rescue charities that had been accused of abetting irregular immigration

April 20, 2024
Total Views: 1099

Friday, April 19, 2024
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

Thursday, April 18, 2024
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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

Monday, April 15, 2024
Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
News

Maersk Makes no Deployment Changes After Vessel Seized in Strait of Hormuz

COPENHAGEN, April 15 (Reuters) – Shipping company Maersk has not made any deployment changes after a Portuguese-flagged container ship

April 15, 2024
Total Views: 5722

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FBI Opens Criminal Probe Into Baltimore Bridge Collapse

WASHINGTON, April 15 (Reuters) – The FBI has opened a federal criminal investigation into the deadly collapse of a Baltimore bridge last month

April 15, 2024
Total Views: 2725

Sunday, April 14, 2024
Turkish Strait Oil Tanker
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Ukraine War Enters New Phase With Oil In The Crosshairs

By Daryna Krasnolutska (Bloomberg) Russia and Ukraine may have struggled to shift things significantly on the battlefield for more than 16 months, but a new

April 14, 2024
Total Views: 2295

Thursday, April 11, 2024
News

Petrobras Offshore Spending Spree Fuels Rally in Oil-Rig Bonds

(Bloomberg) — Constellation Oil Services Holding SA’s bondholders are reaping a windfall due to increased demand for the company’s offshore rigs from

April 11, 2024
Total Views: 426