News

The latest maritime and offshore news.


Monday, September 24, 2018
bw group tanker
Shipping News

Mortensen Resigns as CEO of BW Group

Singapore-headquartered BW Group announced Monday that CEO Carsten Mortensen has resigned after three years on the job. The company said Mortensen was

September 24, 2018
Total Views: 38

CMA CGM ANTOINE DE SAINT EXUPERY
Shipping

CMA CGM Says Global Sulphur Cap to Cost Customers $160 Per TEU on Average

French shipping giant CMA CGM on Monday said the 2020 global sulphur cap regulation will cost an estimated $160 per twenty-foot container or equivalent unit

September 24, 2018
Total Views: 59

Indian Sailor Rescued from Yacht Stranded Off Australian Coast
Shipping News

Indian Sailor Rescued from Yacht Stranded Off Australian Coast

SYDNEY, Sept 24 (Reuters) – An Indian sailor injured in a solo round-the-world race has been rescued, the Indian Navy said on Monday, after Australian

September 24, 2018
Total Views: 45

Sunday, September 23, 2018
Panama Revokes Registration of Last Migrant Rescue Ship in Central Mediterranean
News

Panama Revokes Registration of Last Migrant Rescue Ship in Central Mediterranean

MILAN, Sept 23 (Reuters) – The Panama Maritime Authority has revoked the registration of search and rescue ship Aquarius 2 in a move that means there

September 23, 2018
Total Views: 40

Friday, September 21, 2018
Transocean Norge.
Offshore

Newbuild Rig Transocean Norge Lands Six-Well Contract from Equinor with Options

Norwegian energy giant Equinor announced today it has awarded Transocean a six-well contract on the Norwegian continental shelf (NCS) for the newbuild harsh

September 21, 2018
Total Views: 77

rickmers maritime
Shipping News

Ship Recycling Association Says European Yards Have Sufficient Capacity Ahead of EU Ship Recycling Regulation

The International Ship Recycling Association says there is currently ample recycling capacity to meet the expected scrapping demand from the January 1, 2019

September 21, 2018
Total Views: 64

Death Toll Jumps to 136 in Tanzania Ferry Disaster with Scores Still Missing
Shipping News

Death Toll Jumps to 136 in Tanzania Ferry Disaster with Scores Still Missing

DAR ES SALAAM, Sept 21 (Reuters) – Tanzanian President John Magufuli on Friday ordered the arrest of those responsible for a packed ferry sinking on Lake

September 21, 2018
Total Views: 84

Garden City Terminal port of savannah
Shipping News

Port of Savannah Sets 8 Million TEU Capacity Goal by 2028

The Georgia Port Authority on Thursday unveiled a $2.5 billion plan to expand the capacity at the Port of Savannah to 8 million TEUs by 2028. Georgia Ports

September 21, 2018
Total Views: 50

bunkering vessels
Shipping

Shipping Groups Propose Phased Start to 2020 Global Sulphur Cap

By Prejula Prem, Alex Longley and Jack Wittels (Bloomberg) — The shipping industry is pressing for a phased start when tough new rules governing vessel

September 21, 2018
Total Views: 115

LNG tanker
Shipping News

LNG Shipping Rates Spike with No Respite Seen Through 2019

By Sabina Zawadzki and Jessica Jaganathan LONDON/SINGAPORE, Sept 21 (Reuters) – The price of shipping liquefied natural gas (LNG) has spiked in September

September 21, 2018
Total Views: 32

Thursday, September 20, 2018
Nyerere ferry capsize
News

At Least 42 Drowned in Lake Victoria Ferry Sinking, Officials Say Death Toll Could Top 200

By Nuzulack Dausen DAR ES SALAAM, Sept 20 (Reuters) – At least 42 people drowned when a ferry sank on Thursday in Tanzania’s Lake Victoria and

September 20, 2018
Total Views: 105

U.S. Navy Commences Oil Removal from Capsized German Cruiser ‘Prinz Eugen’ in Marshall Islands
Accidents

U.S. Navy Commences Oil Removal from Capsized German Cruiser ‘Prinz Eugen’ in Marshall Islands

The U.S. Navy, in partnership with the Army and the Republic of the Marshall Islands, have started the recovery of oil from the overturned World War II German

September 20, 2018
Total Views: 2267

cargo containers
Shipping News

UK’s Leading Port Operator to Test Blockchain Logistics Software

The UK’s leading port operator, Associated British Ports (ABP), has signed a Memorandum of Understanding (MOU) to create one of Europe’s first detailed

September 20, 2018
Total Views: 45

cosco shipping at port of long beach
Shipping News

China Races to Get Toys and Car Parts to U.S. Before Tariffs Hit

By Kyunghee Park, Daniela Wei and Matt Townsend (Bloomberg) — The race is on to get Chinese goods into the U.S. before President Donald Trump’s tariffs

September 20, 2018
Total Views: 30

udessa, ukraine port
Ports

Ukrainian Ports Show a Nation’s Struggle to Join Global Economy

By James Gomez and Kateryna Choursina (Bloomberg) — Gleaming silos, towering container cranes and hulking cargo ships docked at quaysides in Europe’s

September 20, 2018
Total Views: 58

Cruise Ship With More Than 500 People On Board Breaks Moorings and Drifts from Dock in Scotland
Interesting

Cruise Ship With More Than 500 People On Board Breaks Moorings and Drifts from Dock in Scotland

Several tugs helped wrangle an Oceania Cruises cruise ship with more than 500 people on board after it broke free from its moorings in Scotland. The incident

September 20, 2018
Total Views: 75

Harsh Climate: The Struggle to Track Global Sea Level Rise
Shipping News

Harsh Climate: The Struggle to Track Global Sea Level Rise

By Lucas Jackson and Elizabeth Culliford Sept 20 (Reuters) – A loud rumble jolted climate scientist David Holland just before he went to sleep

September 20, 2018
Total Views: 78

Tidal Wave of Chinese Marine Parks Fuels Murky Cetacean Trade
Shipping News

Tidal Wave of Chinese Marine Parks Fuels Murky Cetacean Trade

By Farah Master HONG KONG, Sept 20 (Reuters) – Eight beluga whales jump in unison out of a bright blue indoor pool, flipping their tailfins and spewing

September 20, 2018
Total Views: 160

Wednesday, September 19, 2018
uss little rock lcs
Shipping News

U.S. Navy Orders Three More Littoral Combat Ships

The U.S. Navy has awarded contracts for another three Littoral Combat Ships, bringing the total number of vessels ordered so far to 32. The new awards were

September 19, 2018
Total Views: 64

Scorpio Tanker Ransacked by Pirates Off West Africa
News

Scorpio Tanker Ransacked by Pirates Off West Africa

A product tanker was attacked by a group of armed pirates on Monday while at an anchorage off the coast of Guinea in West Africa.  The IMB Piracy

September 19, 2018
Total Views: 179