News

The latest maritime and offshore news.


Thursday, June 21, 2018
Incident Video: VLOC ‘China Steel Innovator’ Slams Into Berthed Ship in Taiwan
Interesting

Incident Video: VLOC ‘China Steel Innovator’ Slams Into Berthed Ship in Taiwan

Check out this incident video which has gone viral this week showing the giant bulk carrier China Steel Innovator hitting the stern of a containership berthed

June 21, 2018
Total Views: 507

Indonesia Questions Captain After Ferry Sinks in Lake; At Least 192 People Missing
Shipping News

Indonesia Questions Captain After Ferry Sinks in Lake; At Least 192 People Missing

By Fergus Jensen TIGARAS, Indonesia, June 21 (Reuters) – Indonesian police on Thursday questioned the captain of a ferry that sank without trace in a

June 21, 2018
Total Views: 99

Wednesday, June 20, 2018
seacor maya
Shipping News

First Battery-Powered Offshore Supply Vessel in the Gulf of Mexico

Louisiana-based SEACOR Marine has completed the installation of the first hybrid battery power system on an an offshore support vessel in the Gulf of Mexico.

June 20, 2018
Total Views: 306

Enterprise Expects to Load First Supertanker at Texas City Terminal Later This Month
News

Enterprise Expects to Load First Supertanker at Texas City Terminal Later This Month

NEW YORK, June 20 (Reuters) – Seaway Crude Pipeline Company LLC, a joint venture between Enterprise Products Partners LP and Enbridge Inc, plans to load

June 20, 2018
Total Views: 71

tanker loading
Shipping News

U.S. Shale Producers Warn Chinese Tariffs Would Hit Energy Exports

By Ernest Scheyder and Collin Eaton HOUSTON, June 20 (Reuters) – China’s proposed tariffs on U.S. petroleum imports, part of a mounting trade war

June 20, 2018
Total Views: 69

CMA CGM to Acquire European Shortsea Specialist Containerships
News

CMA CGM to Acquire European Shortsea Specialist Containerships

French shipping group CMA CGM has signed to acquire Finland’s Containerships from Container Finance Ltd Oy. Containerships specializes in the

June 20, 2018
Total Views: 54

Venezuelan Oil Exports Sink Amid Seizures and Shipping Backlog
News

Venezuelan Oil Exports Sink Amid Seizures and Shipping Backlog

By Marianna Parraga HOUSTON, June 20 (Reuters) – Venezuelan PDVSA’s oil exports fell 32 percent in the first half of June compared with May,

June 20, 2018
Total Views: 29

Siemens UK Boss Says Clarity Needed on Post-Brexit Trade
Shipping News

Siemens UK Boss Says Clarity Needed on Post-Brexit Trade

By Guy Faulconbridge LONDON, June 20 (Reuters) – The United Kingdom needs to urgently clarify how trade with the European Union will work after

June 20, 2018
Total Views: 19

Commerce Secretary Wilbur Ross Denies Insider Trading in Short Sale of Russia-Linked Shipping Company
Shipping News

Commerce Secretary Wilbur Ross Denies Insider Trading in Short Sale of Russia-Linked Shipping Company

By Bill Allison (Bloomberg) — Commerce Secretary Wilbur Ross denied that he engaged in insider trading when he short sold stock of a shipping company a

June 20, 2018
Total Views: 26

maersk ship
News

Maersk Taps New Finance Chief

COPENHAGEN, June 20 (Reuters) – Denmark’s A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new Chief Finance Officer, it said on

June 20, 2018
Total Views: 29

Tuesday, June 19, 2018
Ship Pilot at Port of Corpus Christi Dies After Gangway Collapses: Report
Interesting

Ship Pilot at Port of Corpus Christi Dies After Gangway Collapses: Report

The U.S. Coast Guard is investigating the death of a veteran ship pilot at the Port of Corpus Christi who reportedly fell while boarding a ship on Saturday,

June 19, 2018
Total Views: 386

crowley flat-deck barge
Shipping News

Jones Act Shipping Companies Receive Humanitarian Award for Hurricane Maria Relief Effort in Puerto Rico

Jacksonville, Florida-based shipping company Crowley Maritime Corporation was among multiple Jones Act shipping companies to receive a Humanitarian Award from

June 19, 2018
Total Views: 60

offshore wind farm under construction. DJ Mattaar / Shutterstock
News

House Set to Debate Offshore Wind Energy Bills in U.S. Waters

WASHINGTON, June 19 (Reuters) – A U.S. House committee will kick off debate next week on three new bills aimed at boosting offshore wind energy leases in

June 19, 2018
Total Views: 19

commerce secretary wilbur ross
News

Commerce Secretary Wilbur Ross Short Sale of Kremlin-Linked Shipping Firm Navigator Holdings Wins Ethics Approval

Update: Wilbur Ross Denies Insider Trading in Short Sale of Russia-Linked Navigator Holdings By Bill Allison (Bloomberg) — Commerce Secretary

June 19, 2018
Total Views: 35

bulk ship in egypt
News

Paris MoU Releases 2017 “White, Grey and Black” List: United States Falls to Grey as Korea, Poland Move to White

The Paris MoU has approved its 2017 port state control inspection results for 2017 and adopted its new “White, Grey, and Black” performance lists

June 19, 2018
Total Views: 190

cargo containers
Shipping News

China Accuses U.S. of Initiating Trade War as Trump Issues New $200 Billion Threat

By Michael Martina and Eric Beech BEIJING/WASHINGTON, June 19 (Reuters) – U.S. President Donald Trump threatened to impose a 10 percent tariff on

June 19, 2018
Total Views: 37

bulk carrier sunset
News

Interview: London Maritime Arbitrators Association’s President Ian Gaunt on Why London is Maritime’s Main Arbitration Point

Interview by Paul González-Morgan (Marine Strategy) – Ian Gaunt is President at The London Maritime Arbitrators Association (“LMAA”), the

June 19, 2018
Total Views: 92

cargo ship thailand
Shipping News

Deutsche Bank Sells $1 Billion Ship Loan Portfolio

By Arno Schuetze FRANKFURT, June 19 (Reuters) – Deutsche Bank is selling a $1 billion portfolio of legacy shipping loans to an entity owned by funds

June 19, 2018
Total Views: 1163

nyk containership
Shipping News

Container Line Profits Will Be Wiped Out By Rising Fuel Costs

By Mike Wackett (TheLoadstar) A leading shipping analyst has drastically cut its 2018 ocean carrier profitability forecast from $5bn to “breakeven at

June 19, 2018
Total Views: 24

Monday, June 18, 2018
Cargill Aims to Cut Shipping Emissions 15 Percent by 2020
Shipping News

Cargill Aims to Cut Shipping Emissions 15 Percent by 2020

By P.J. Huffstutter CHICAGO, June 18 (Reuters) – Cargill Inc aims to cut carbon emissions from its international shipping unit by as much as 15 percent

June 18, 2018
Total Views: 34