The latest maritime and offshore news.

Wednesday, March 9, 2022

Russian Oligarch Fails To Pay Superyacht Crew

By Jonathan Browning (Bloomberg) Alisher Usmanov’s superyacht will languish in a dock in Hamburg after its crew and captain walked after European Union and

March 9, 2022
Total Views: 63986

icebreacker S.A. Aguhlas
Maritime News

Ernest Shackleton’s Ship Endurance Discovered Deep Beneath Antarctic Ice

By Michael Holden (Reuters) – The wreckage of polar explorer Ernest Shackleton’s ship “Endurance,” which was

March 9, 2022
Total Views: 11990

Tuesday, March 8, 2022
Sovcomflot Logo Russian

More Russian Oil Deeply Discounted As Load Port Ban Risk Alarms Buyers

By Tsuyoshi Inajima (Bloomberg) A cargo of Russian Sokol oil from the Far East was offered at a steep discount as the nation’s invasion of Ukraine and the

March 8, 2022
Total Views: 3263

Saturday, March 5, 2022

Hong Kong Mortuaries Use Reefer Containers As Covid Deaths Spike

By Linda Lew (Bloomberg) –Hong Kong’s mortuaries are so overwhelmed they’re deploying mobile refrigeration units to store bodies, as scenes

March 5, 2022
Total Views: 3807


U.K. Union Refuses to Handle Incoming Russian Oil

By Archie Hunter, Rachel Graham and Jack Wittels Mar 5, 2022 (Bloomberg) –A British labor union instructed workers at the Stanlow oil refinery not

March 5, 2022
Total Views: 3267


Italy Arrests Russian Yachts Worth $115M

By Crispian Balmer (Reuters) – Italian police have seized villas and yachts worth at least 140 million euros ($153 million) from four

March 5, 2022
Total Views: 4229

Friday, March 4, 2022
Bulker carrying bauxite unloading at a port in Yantai

China Is Shipping Stockpiles Of Metal To Europe

By Bloomberg News (Bloomberg) Commodities traders are racing to capture a rare profit from shipping aluminum out of China as the war in Ukraine creates flash

March 4, 2022
Total Views: 9817

Wednesday, March 2, 2022

All You Need To Know About Russian Yacht Arrests

Superyachts of incredible size have become the symbol of oligarch-sized wealth and now, with the Ruble crashing and anti-Russian sanctions proliferating…

March 2, 2022
Total Views: 22132


War Shocks Ripple Across Shipping Lanes

By Bryce Baschuk (Bloomberg) Importers from London to Warsaw will soon face higher shipping costs, longer delays and an obstacle course of sanctions to

March 2, 2022
Total Views: 3027

Tuesday, March 1, 2022
maersk ship

World’s Largest Shipping Lines Suspend Shipping to Russia

By Jonathan Saul, Stine Jacobsen and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, March 1 (Reuters) – The world’s three

March 1, 2022
Total Views: 12630

Monday, February 28, 2022

Container Lines Suspend Russia Bookings

COPENHAGEN/LONDON, Feb 28 (Reuters) – Ocean Network Express (ONE) on Monday suspended container bookings to and from Russia hours after Maersk

February 28, 2022
Total Views: 6046

Friday, February 25, 2022
oil tanker photo

Tanker Rates Soar Alongside War Risk Premiums

By Koustav Samanta (Reuters) Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies,

February 25, 2022
Total Views: 1264

Thursday, February 24, 2022

War In Ukraine Will Magnify The Global Trade Crisis

By Brendan Murray (Bloomberg) Disruptions in global trade are about to go from bad to worse. With Russia’s invasion of Ukraine early Thursday, energy costs

February 24, 2022
Total Views: 1978

Saturday, February 5, 2022
Maritime News

MARAD & FMC Nominations Get Stalled By Republican Senators

By Keith Laing and Lillianna Byington (Bloomberg) — Sen. Rick Scott (R-Fla.) has been stalling the nominations of Transportation and Commerce Department

February 5, 2022
Total Views: 2405

Thursday, January 27, 2022
US Virgin Islands Flag
Maritime News

US Announces New Open Registry

Next Tuesday at the National Press Club in Washington, former US Deputy Secretary of State and the first Director of National Intelligence, John Negroponte

January 27, 2022
Total Views: 6227

Wednesday, January 26, 2022
Editorial credit: Sheila Fitzgerald /
Maritime News

Matson Diverts Ships To Tonga

The US containership company Matson, which has been making record profits as freight rates and whose stock hit a new all-time high today, announced it would be

January 26, 2022
Total Views: 7993

Monday, January 17, 2022
Maritime News

Suez Canal Has Record Year Despite Ever Given Saga

By Verity Ratcliffe (Bloomberg) More ships traversed the Suez Canal in 2021 than ever before despite its temporary blocking by a 400-meter-long vessel and the

January 17, 2022
Total Views: 1449

People's Liberation Army-Navy destroyer Qingdao
Maritime News

China Claims It Won’t ‘Bully’ Neighbors In The South China Sea

by Neil Jerome Morales (Reuters) China will not use its strength to “bully” its smaller neighbors including the Philippines, its foreign minister

January 17, 2022
Total Views: 2052

Friday, January 14, 2022
Drone Photo Of A Product Tanker carrying Gasoline.

Diesel Tankers Depart Europe For Freezing U.S. East Coast

By Prejula Prem (Bloomberg) European refiners are planning to send more diesel than usual to the U.S., where inventories of the fuel are low and a cold snap

January 14, 2022
Total Views: 7079

Monday, January 10, 2022
shipping container

Shipping Shortages Will Persist In 2022, But Some Sellers Will Struggle With Too Much Inventory

By Sarah Schiffling (The Conversation) Everything was about shortages in 2021. COVID vaccine shortages at the start of the year were replaced by fears that we

January 10, 2022
Total Views: 1847