News

The latest maritime and offshore news.


Wednesday, May 26, 2021
Sabrina Chao Bimco
Shipping News

Sabrina Chao Takes Over BIMCO

Sabrina Chao takes over as the 45th President of BIMCO, the world’s largest direct entry shipping organization with 1,900 members in 120 countries

May 26, 2021
Total Views: 2443

Friday, May 21, 2021
qatar lng ship
Shipping News

Qatar LNG Plans To Flood World Market

By Anna Shiryaevskaya (Bloomberg) The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a

May 21, 2021
Total Views: 10039

Thursday, May 13, 2021
Over 700 Barges Stranded by Mississippi River Closure in Memphis Due to Bridge Crack
Shipping News

Over 700 Barges Stranded by Mississippi River Closure in Memphis Due to Bridge Crack

The U.S. Coast Guard said 44 vessels with a total of 709 barges are now in the queue as a 1-miles stretch of the Mississippi River remains closed after

May 13, 2021
Total Views: 5009

product tanker
Shipping News

Department of Homeland Security Issues Limited Jones Act Waiver to Foreign Shipping Company

By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) — The Biden administration temporarily eased century-old U.S. shipping requirements so a

May 13, 2021
Total Views: 12396

Wednesday, May 12, 2021
Gasoline tanker at terminal. Photo Shutterstock
Shipping News

Biden Administration Ready to Review Jones Act Waiver Requests

by Doina Chiacu (Reuters) – The U.S. Transportation Department’s Maritime Administration (MARAD) has completed its assessment of what ships are

May 12, 2021
Total Views: 1460

Tuesday, May 11, 2021
Drone Photo Of A Product Tanker carrying Gasoline.
News

Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages

By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a

May 11, 2021
Total Views: 3011

Monday, May 10, 2021
Colonial Pipeline Holding tanks Dorsey Junction Station
News

U.S. Gas Stations Run Dry As Pipeline Races To Recover From Hacking

Oil tanker charter rates skyrocketing in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go. By Joe Carroll (Bloomberg)

May 10, 2021
Total Views: 1550

crowley jones act tanker
News

Colonial Pipeline – To Waive Or Not To Waive The Jones Act

By Salvatore R. Mercogliano, Ph.D. (gCaptain) The cyberattack upon the Colonial Pipeline on Friday, May 7, 2021 has resulted in the shutdown of a major

May 10, 2021
Total Views: 6861

nyc-tanker-ship-konrad
News

Tanker Traders Jockey For Position As Colonial Pipeline Fights Hackers For A Third Day

The ocean-going tanker Pacific Jasper that had been taking gasoline toward the U.S. Gulf stopped on its voyage and is now stationed east of the Bahamas. If the

May 10, 2021
Total Views: 4148

prelude flng
Shipping News

China Bans Some Australian LNG Cargoes

By Stephen Stapczynski (Bloomberg) At least two of China’s smaller liquefied natural gas importers have been told to avoid buying new cargoes from Australia,

May 10, 2021
Total Views: 11112

Friday, May 7, 2021
seafarer
Shipping News

Crew Change Crisis 2.0 Shows Signs of Worsening Amid India Virus Surge

By Ann Koh (Bloomberg) Hundreds of thousands of seafarers risk being stuck at sea beyond the expiry of their contracts because of India’s surging

May 7, 2021
Total Views: 2030

Wednesday, May 5, 2021
Chinese militia vessels spotted at Sabina Shoal in South China Sea
Shipping News

Philippine Coast Guard Tells Vessels To Ignore The Chinese Militia

by Karen Lema (Reuters) – The Philippines has rejected an annual summer fishing ban imposed by China in the disputed South China Sea and encouraged its

May 5, 2021
Total Views: 3894

Monday, May 3, 2021
blue lng carrier at sea
Shipping News

LNG Cargoes Diverted from India as COVID Crisis Dampens Demand -Sources

By Jessica Jaganathan SINGAPORE, May 3 (Reuters) – Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus

May 3, 2021
Total Views: 2066

Container-ship Departure Houston
Shipping News

Sea Cargo Chaos Intensifies In The Summer Of Sold-Out Ships

By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking

May 3, 2021
Total Views: 13632

Tuesday, April 27, 2021
Huge Spike In Shipping Containers Lost At Sea
Shipping News

Huge Spike In Shipping Containers Lost At Sea

By Ann Koh (Bloomberg) Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending

April 27, 2021
Total Views: 35209

Thursday, April 22, 2021
harbor harvest
Shipping

Documentary: The Last Line

“The Last Line” is the first documentary produced by Alternative Marine Technologies in association with Harbor Harvest & First Harvest

April 22, 2021
Total Views: 2870

Monday, April 12, 2021
Mumbai Maersk Containership
Shipping News

High Shipping Costs Are Here to Stay, Says Bloomberg

By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass

April 12, 2021
Total Views: 4410

Tuesday, April 6, 2021
Watch: This Is Why Biden’s $2 Trillion Infrastructure Plan Will Fail
News

Watch: This Is Why Biden’s $2 Trillion Infrastructure Plan Will Fail

In the United States, we have a problem that’s so BIG and obvious that even Elon Musk can’t see it. Our highways are broken, our streets are

April 6, 2021
Total Views: 7012

Wednesday, March 31, 2021
ever given satellite photo
Accidents

Egyptian Investigators Kick Off Probe in Suez Canal Blockage

SMAILIA, Egypt March 31 (Reuters) – Divers inspected the hull of the Ever Given on Wednesday as the man tasked with investigating how the giant container

March 31, 2021
Total Views: 10990

Tuesday, March 30, 2021
End of Suez Snarl Marks Beginning of New Stress on Global Trade
Shipping News

End of Suez Snarl Marks Beginning of New Stress on Global Trade

Brendan Murray (Bloomberg) – Now removed from the Suez Canal’s main channel, the Ever Given leaves in its wake several weeks or months of disruptions

March 30, 2021
Total Views: 5978