News

The latest maritime and offshore news.


Friday, August 31, 2018
Transpac Boom Rolls On
Shipping News

Transpac Boom Rolls On

By Mike Wackett (TheLoadstar) Container spot rates on the transpacific have continued to soar as shippers scramble for space to beat 1 September US import

August 31, 2018
Total Views: 58

Facepalm: Some Idiot Drives Truck Onto a NorCal Jetty Last Year To Watch Waves… Needed An Airlift Out
Interesting

Facepalm: Some Idiot Drives Truck Onto a NorCal Jetty Last Year To Watch Waves… Needed An Airlift Out

The U.S. Coast Guard had to rescue a man from the Humboldt Bay north jetty in northern California last year after he drove his truck on the jetty and

August 31, 2018
Total Views: 357

yamal lng
News

Russia’s Yamal LNG Exports Accelerate in Time for Winter

Liquefied natural gas exports from Novatek's Yamal terminal in the Arctic have come on stream faster than expected over the summer and exceeded volumes from

August 31, 2018
Total Views: 152

Bankrupt Titanic Collector Is Selling Everything
Shipping News

Bankrupt Titanic Collector Is Selling Everything

by Dawn McCarty (Bloomberg) The story of the doomed luxury liner R.M.S. Titanic proved so alluring that divers were searching for the wreck seven decades after

August 31, 2018
Total Views: 710

Thursday, August 30, 2018
Need to Relax? Try Listening to the Sounds of an Idling Icebreaker Beset by Ice
News

Need to Relax? Try Listening to the Sounds of an Idling Icebreaker Beset by Ice

https://www.youtube.com/watch?v=gpW7iYfuGDU I’ll take idling arctic icebreaker beset in ice and snow over North Atlantic cargo ship in winter

August 30, 2018
Total Views: 273

This Video of a Lab Simulated Rogue Wave Will Make Your Palms Sweat
Shipping News

This Video of a Lab Simulated Rogue Wave Will Make Your Palms Sweat

It’s a sailor’s worst nightmare. A monster wave that comes out of nowhere, two to three times bigger than the others. In certain cases, waves like

August 30, 2018
Total Views: 1148

UK To Spend $100+ Million to Explore GPS/Galileo Alternative
News

UK To Spend $100+ Million to Explore GPS/Galileo Alternative

Britain may be denied full access to the EU’s Galileo satellite navigation system on security grounds after Brexit and this may cost UK firms billions of

August 30, 2018
Total Views: 24

Experts Predict A $4/Barrel Crude Oil Boost On 2020 IMO Rules
Shipping News

Experts Predict A $4/Barrel Crude Oil Boost On 2020 IMO Rules

  by Alex Longley and Irene García Pérez (Bloomberg) New regulations to curb pollution from the world’s shipping fleet could lift crude prices by $4 a

August 30, 2018
Total Views: 48

WATCH: Model Emma Maersk Under Tow Looks Just Like the Real Thing
Evergreen

WATCH: Model Emma Maersk Under Tow Looks Just Like the Real Thing

A 1:65 scale model of the Emma Maersk under tow at SMG Ijmond ship model harbor in the Netherlands on September 20,

August 30, 2018
Total Views: 405

Cosco container ship
Finance

Profit Falls 98 Percent For Cosco

by Brenda Goh (Reuters) – China’s COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs

August 30, 2018
Total Views: 40

Shipping News

Franco-British Scallop Dispute Flares Up

by Geert De Clercq (Reuters) – French and British fisherman pledged talks to quell a high-seas dispute over access to the scallop-rich seabed in the

August 30, 2018
Total Views: 27

Wednesday, August 29, 2018
Maersk Braces For A $5+ Billion Fuel Bill In 2020
Shipping News

Maersk Braces For A $5+ Billion Fuel Bill In 2020

By Jack Wittels (Bloomberg) The world’s largest container shipping line says adhering to stricter environmental standards could add at least $2 billion to

August 29, 2018
Total Views: 162

Tuesday, August 28, 2018
Teekay LNG Icebreaker Eduard Toll
Shipping News

Costs Melt As LNG Traffic Picks Up In The Arctic Circle

By Jeremy Hodges (Bloomberg) A new trade route for energy supplies is opening up north of the Arctic Circle as some of the warmest temperatures on record

August 28, 2018
Total Views: 68

Monday, August 27, 2018
bulk coal
Shipping News

M/V Underdog Rerouted Amid U.S./China Trade Spat

by Collin Eaton (Reuters) – A vessel hauling a shipment of coal from the United States switched its destination on Friday to South Korea from China,

August 27, 2018
Total Views: 28

Watch: Sailboat Loses Mast After Hitting USS Midway in San Diego
News

Watch: Sailboat Loses Mast After Hitting USS Midway in San Diego

Sorry, the video doesn’t want to embed. View it here on Instagram. View this post on Instagram Qualified Captain vs USS Midway ?? #qualified #ragbagger

August 27, 2018
Total Views: 276

us oil exports
Shipping News

What Caused A Fall In U.S. Crude Exports? Money or Politics?

by Clyde Russell (Reuters) – One of the side effects of President Donald Trump’s escalating trade dispute with China is that U.S. exports of crude

August 27, 2018
Total Views: 27

u.s. withdraws from iran nuclear deal
News

Iran Says It Has Full Control Of Gulf, U.S. Navy Does Not Belong There

by Babak Dehghanpisheh (Reuters) Tehran has suggested it could take military action in the Gulf to block other countries’ oil exports in retaliation for

August 27, 2018
Total Views: 33

Friday, August 24, 2018
Photos: Check Out the Bridge on Crowley’s New LNG-Powered ConRo El Coquí
Shipping News

Photos: Check Out the Bridge on Crowley’s New LNG-Powered ConRo El Coquí

The above photo shows the El Coquí, one of two new LNG-powered container/roll-on roll-off vessels for Crowley Maritime Corp. The vessel was delivered in late

August 24, 2018
Total Views: 327

Stock photo shows an oil tanker at a terminal
Shipping News

China’s Unipec to Resume U.S. Oil Purchases After Tariff Policy Change -Sources

By Florence Tan and Meng Meng SINGAPORE/BEIJING, Aug 24 (Reuters) – China’s Unipec will resume purchases of U.S. crude oil in October after a

August 24, 2018
Total Views: 31

Watch: Incredible Whale Watching Close Call in Alaska
Shipping News

Watch: Incredible Whale Watching Close Call in Alaska

You would have to be hiding under a rock to miss this video this week. But if somehow didn’t catch it, here it is. The video was filmed during

August 24, 2018
Total Views: 144