News

The latest maritime and offshore news.


Wednesday, June 20, 2018
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: 79

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: 79

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: 65

The oil tanker Caspian Galaxy sits anchored near Amuay beach, in Punto Fijo
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: 39

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: 32

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: 32

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: 31

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: 412

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: 67

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: 29

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: 43

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: 206

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: 43

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: 102

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: 1172

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: 30

Monday, June 18, 2018
Employees working at cargo ship Kypros Land which is loading soybeans to China
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: 42

IMO greenhouse gas emissions
News

Shipping Associations: IMO Member States Must Progress on Key Sulphur Cap Issues at Critical Meeting Next Month

Some of the world’s leading international shipping associations are calling on the Member States of the International Maritime Organization (IMO) for

June 18, 2018
Total Views: 86

offshore oil rig Statoil
Shipping News

Equinor Awards $3.7 Billion in Drilling and Well Services Contracts in Norway

Norwegian energy major Equinor has awarded new contracts for integrated drilling and well services contracts amounting to NOK 30 billion (about $3.7 billion).

June 18, 2018
Total Views: 50

inmarsat london headquarters
News

EchoStar Considering Raising Offer for Inmarsat -Source

By Dinesh Nair, Manuel Baigorri and Scott Moritz (Bloomberg) — EchoStar Corp. is considering raising its offer for rival Inmarsat Plc after its initial

June 18, 2018
Total Views: 26