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The latest maritime and offshore news.


Thursday, October 10, 2024
Masive hurricane wave breaks on shore with a lighthouse in the background
News

Insurance Companies Dodge Bullet With Milton

By Gautam Naik (Bloomberg) After fearing the worst from Hurricane Milton, investors in catastrophe bonds appear to have sustained losses well below those

October 10, 2024
Total Views: 723

Tuesday, October 8, 2024
Former Amazon Executive’s Supply Chain Startup Raises $100 Mln in Funding
News

Former Amazon Executive’s Supply Chain Startup Raises $100 Mln in Funding

Oct 8 (Reuters) – Former Amazon.com Consumer CEO Dave Clark said on Tuesday his new software supply chain management startup Auger has raised over

October 8, 2024
Total Views: 1044

Monday, October 7, 2024
FILE PHOTO: October 4, 2024. Ineos Britannia's Ben Ainslie, crew members and Chairman and Chief Executive Officer of INEOS, Jim Ratcliffe celebrate with the trophy after winning round 11 and the final against Luna Rossa Prada Pirelli TeamRossa Prada Pirelli Team REUTERS/Albert Gea/File Photo
News

Britain Faces ‘Once in a Lifetime’ Chance of Winning America’s Cup

By Alexander Smith BARCELONA, Oct 7 (Reuters) – Britain has a once-in-a-lifetime opportunity to win the America’s Cup for the first time

October 7, 2024
Total Views: 2186

Friday, October 4, 2024
Iranian flag near oil refinery
News

Mideast’s Rising War Risk Puts Spotlight on Iran’s Quiet Oil Comeback

(Bloomberg) — Iran’s oil production has defied years of US sanctions to return to almost full capacity — a tide of supply that looks increasingly

October 4, 2024
Total Views: 641

Thursday, October 3, 2024
FILE PHOTO: The Suiso Frontier, the world's first hydrogen carrier, built by Japan's Kawasaki Heavy Industries, is pictured upon its arrival from Kobe, Japan at the Port of Hastings in Victoria, Australia January 20, 2022. Courtesy HySTRA/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT./File Photo
News

Green Hydrogen Hype Fades as High Costs Force Projects to Retreat

(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll.  In

October 3, 2024
Total Views: 1400

China’s NewNew Polar Bear in a convoy in the Russian Arctic in October 2023. (Source: Atomflot)
News

Arctic Allies to Form Security Group to Counter Russia, China

(Bloomberg) — Canada is working with Nordic countries to create a new Arctic security coalition that would exclude Russia and offer a place to coordinate

October 3, 2024
Total Views: 700

Tuesday, October 1, 2024
Explosive-Packed Drone Boat Strikes Oil Tanker in Red Sea
News

Explosive-Packed Drone Boat Strikes Oil Tanker in Red Sea

(Bloomberg) — An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred

October 1, 2024
Total Views: 3217

Monday, September 30, 2024
Yahya Sarea, the Houthi military spokesperson, prepares to deliver a statement, during a pro-Palestinian rally saying they launched an attack on the "Pacific 01" ship in the Red Sea with missiles, in Sanaa, Yemen, March 15, 2024. REUTERS/Khaled Abdullah
News

US Concerned About Russia Supplying Missiles to Yemen’s Houthis

(Bloomberg) — The US is concerned Russia may supply missiles to the Houthis in Yemen, an American official said, a move that could stoke further Middle

September 30, 2024
Total Views: 1195

Friday, September 27, 2024
Houthis Claim Attacks on U.S. Destroyers
News

Houthis Claim Attacks on U.S. Destroyers

Sept 27 (Reuters) – Yemen’s Iran-aligned Houthi militants said on Friday they had targeted the Israeli cities of Tel Aviv and Ashkelon along with

September 27, 2024
Total Views: 3147

JS Sazanami (DD-113) arrives in Diego Garcia
News

Japan Sends Warship Through Taiwan Strait, Defying China

(Bloomberg) — Three US allies sent warships through the Taiwan Strait in a rare defiance of China in those waters, on the same day Beijing fired its

September 27, 2024
Total Views: 1523

Thursday, September 26, 2024
The Christophe de Margerie, an ice-class tanker fitted out to transport liquefied natural gas, is docked at the Yamal LNG facility in Arctic port of Sabetta, Yamalo-Nenets district, Russia March 30, 2017. REUTERS/Olesya Astakhova/File Photo
Shipping News

Britain Tightens Grip on Russian LNG with Fresh Sanctions

by Muvija M LONDON (Reuters) – Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with

September 26, 2024
Total Views: 1901

Saturday, September 21, 2024
Image of a lab assistant handling a brick of cocaine
News

Greek Court Reduces Sentences In Historic 1.2-Ton Cocaine Yacht Trafficking Case

By Yannis Souliotis ATHENS (Reuters) – A Greek appeals court on Friday reduced the prison sentences of 11 men involved in trafficking 1.2

September 21, 2024
Total Views: 1007

Sunday, September 15, 2024
SpaceX Crew Dragon capsule descending with four large parachutes during atlantic ocean splashdown after completing the Polaris Dawn mission. Two recovery boats approach the capsule.
News

Successful Ocean Recovery Caps Historic SpaceX Mission

Billionaire Jared Isaacman and the Polaris Dawn crew made a triumphant return to Earth on Sunday, marking the end of a historic mission. The SpaceX Crew Dragon

September 15, 2024
Total Views: 1277

Greek navy warship underway with a helicopter during a NATO naval exercise
News

Greek Navy Extends Naval Drills to Deter Russian Oil

By Alex Longley (Bloomberg) Greece’s navy has (once again) extended a series of naval drills by two months as the country tries to deter Russian oil

September 15, 2024
Total Views: 1902

SS Tobol, a World War I Russian merchant ship, discovered after 107 years during MarramWind North Sea wind farm seabed survey.
News

Lost WWI Russian Shipwreck Found During North Sea Wind Farm Survey

In a remarkable maritime discovery, surveys conducted for the proposed MarramWind floating offshore wind farm in the North Sea have likely uncovered the

September 15, 2024
Total Views: 7807

Saturday, September 14, 2024
US Merchant Mariner handling lines on the bow of an American flagged ship
Navy

China’s Seafarer Wages Soar as U.S. Mariners Struggle with Pay Stagflation

by Captain John Konrad (gCaptain) For decades, American merchant mariners have been in a state of stagnation. Despite their crucial role in U.S. shipping and

September 14, 2024
Total Views: 2467

Friday, September 13, 2024
German frigate FGS Baden-Württemberg
News

German Navy Makes Rare Transit of Sensitive Taiwan Strait

BERLIN/TAIPEI, Sept 13 (Reuters) – Two German navy ships sailed through the sensitive Taiwan Strait on Friday in the first such

September 13, 2024
Total Views: 1104

Thursday, September 12, 2024
Republican presidential nominee and former U.S. President Donald Trump and Republican U.S. vice presidential nominee Senator JD Vance attend a ceremony marking the 23rd anniversary of the September 11, 2001 attacks on the World Trade Center at the 9/11 Memorial and Museum in the Manhattan borough of New York City, U.S., September 11, 2024. REUTERS/Mike Segar
News

Trump’s Plan to Hike Tariffs Would Spike Shipping Costs, Just Like in 2018

LOS ANGELES, Sept 12 (Reuters) – U.S presidential contender Donald Trump’s plan to hike tariffs on imports if he is elected back to the White

September 12, 2024
Total Views: 924

Tuesday, September 10, 2024
Crew refurbishing an old tug-boat in New York Harbor
Shipping News

Bridge to Disaster: How Coast Guard Apathy is Sinking A New York Tugboat Business

by Captain John Konrad (gCaptain) On a crisp morning that should have promised smooth sailing, Captain Mike Vinik found himself staring at a maze of

September 10, 2024
Total Views: 19221

Saturday, August 31, 2024
Rescue operations continue after a luxury yacht sank off Sicily.REUTERS/Guglielmo Mangiapane/File Photo
News

Crew Member On Mike Lynch Yacht Tells Of Being Thrown Into Water

ROME, Aug 31 (Reuters) – A crew member on Mike Lynch’s yacht has spoken of being thrown into the water and efforts to rescue passengers as a

August 31, 2024
Total Views: 10154
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