Wednesday, February 17, 2021
maersk ship
News

Maersk Plans to Debut First Carbon Neutral Ship in 2023

By Jacob Gronholt-Pedersen (Reuters) – Shipping group Maersk ($AMKBY) said on Wednesday it would accelerate plans to decarbonize sea-borne container shipping by putting the world’s first vessel powered by carbon-neutral...

February 17, 2021
Total Views: 2021

News

Robots Penetrate Massive South Atlantic Iceberg

By Isla Binnie (Reuters) – For the next four months, robotic submersible vehicles will swim the frigid, choppy waters around South Georgia island, gathering evidence to determine whether a massive...

February 17, 2021
Total Views: 2766

Tuesday, February 16, 2021
America's Cup Emirates Team New Zealand Boat Underway
News

Billionaires Square Up To Battle For America’s Cup 2021

By Alexander Smith (Reuters) – As Britain and Italy go head-to-head for the right to challenge New Zealand for the America’s Cup, the teams’ billionaire backers will have their colours...

February 16, 2021
Total Views: 14232

Wednesday, February 10, 2021
maersk ship
Maritime News

Maersk Misses Wall Street Forecast Despite High Rates

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 10 (Reuters) – A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping rates, boosting profits for...

February 10, 2021
Total Views: 1196

Monday, February 8, 2021
Vendee Globe Winner Bestaven
Maritime News

French Sailor Bestaven Wins Vendee Globe Circumnavigation Race

by Shrivathsa Sridhar (Reuters) – Frenchman Yannick Bestaven was declared the winner of the Vendee Globe round-the-world sailing race early last week after he was handed a time bonus of...

February 8, 2021
Total Views: 2215

Thursday, February 4, 2021
ULCC TI Europe
News

2021 – Euronav Predicts Oil Freight Rate Weakness Will Continue All Year

by Charles Regnier (Reuters) – Belgium’s Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it reported weaker than expected quarterly results on...

February 4, 2021
Total Views: 2466

Wednesday, February 3, 2021
us oil exports
Maritime News

Asia Pushes U.S. Supertanker Port’s Oil Export Shipments to Record High

By Sheela Tobben (Bloomberg) American oil exports from Louisiana’s offshore supertanker port jumped to a record in January as Asian buyers are stocking up U.S. crude for a post-pandemic rebound...

February 3, 2021
Total Views: 3041

Tuesday, February 2, 2021
Large Bulker Ship
News

Baltic Index Down Near Four-Week Low

by Bharat Govind Gautam (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early...

February 2, 2021
Total Views: 1049

Wednesday, January 20, 2021
us-commercee-head-Gina-Raimondo
Maritime News

Raimondo’s U.S. Senate Commerce Committee Hearing Scheduled For Next Week

by David Shepardson (Reuters) – The U.S. Senate Commerce Committee will consider President-elect Joe Biden’s nomination of Rhode Island Governor Gina Raimondo to head the Commerce Department in a hearing...

January 20, 2021
Total Views: 845

Wednesday, January 13, 2021
News

Beirut Blast: Interpol Red Notice Issued For Ship Captain & Owner

By Ellen Francis (Reuters) – Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200...

January 13, 2021
Total Views: 14387

Tuesday, January 5, 2021
Piracy

Iran Denies Seizing Korean Ship and Holding Crew Hostage

By Sangmi Cha and Josh Smith SEOUL, Jan 5 (Reuters) – Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day after...

January 5, 2021
Total Views: 3305

Thursday, December 31, 2020
bunkering tanker
News

China Issues New VLSFO Marine Fuel Export Quotas

By Chen Aizhu (Reuters) – China has issued 5 million tonnes of clean marine fuel export quotas in the first release for 2021, to five companies including a private refiner,...

December 31, 2020
Total Views: 4677

Wednesday, December 23, 2020
News

Trump Seeks Sanctions On European Subsea Gas Pipeline

By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and...

December 23, 2020
Total Views: 989

Containership port
News

Global Cargo Logjam Deepens

By Lisa Baertlein and Jonathan Saul (Reuters) – Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in...

December 23, 2020
Total Views: 4078

Friday, December 18, 2020
shipping-containers-konrad
News

Booming Taiwan Begs Shippers Not To Jack Up Prices Amid Massive Box Shortage

by Ben Blanchard (Reuters) – Taiwan’s government has urged shipping companies not to unfairly push up their prices amid a global squeeze on shipping containers and a shortage of space on cargo ships,...

December 18, 2020
Total Views: 2145

News

Last Minute Brexit Trade Deal Hinges on Fishing Rights

By Marine Strauss and William James BRUSSELS/LONDON, Dec 18 (Reuters) – The European Union said on Friday there were just hours left to strike a Brexit trade deal while Britain called on...

December 18, 2020
Total Views: 2806

Wednesday, December 16, 2020
oil tanker at anchor
Maritime News

U.S. Blacklists More Companies Over Iranian Petrochemical Exports

By Daphne Psaledakis WASHINGTON, Dec 16 (Reuters) – The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the...

December 16, 2020
Total Views: 1875

Thursday, December 10, 2020
Maritime News

Inmarsat’s Most Powerful Satellite to Date Enters Service

Inmarsat’s newest and most powerful geostationary satellite to date has entered into commercial service, the company announced today. Inmarsat said that the introduction of its GX5 satellite will provide additional...

December 10, 2020
Total Views: 3486

Wednesday, December 9, 2020
Hapag-lloyd containership
News

Hapag-Lloyd Reports 2020 Transport Volume Recovery

By Vera Eckert (Reuters) – German container liner Hapag-Lloyd expects transport volumes in the fourth quarter to pare sharp losses seen earlier this year as a demand recovery in Asia...

December 9, 2020
Total Views: 879

Tuesday, December 1, 2020
Offshore News

Exxon Tries to Put the Worst Behind it With $20 Billion Writedown

By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...

December 1, 2020
Total Views: 1168