Tuesday, December 1, 2020
Offshore News

Exxon Tries to Put the Worst Behind it With $20 Billion Writedown

By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...

December 1, 2020
Total Views: 1168

Monday, November 30, 2020
brexit port
News

S&P Global to Buy IHS Markit for $44 Billion in 2020’s Biggest Merger

By Noor Zainab Hussain (Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger,...

November 30, 2020
Total Views: 1140

Wednesday, November 25, 2020
Accidents

Mariners Rescued from Disabled Barge Off Rhode Island

Three mariners were rescued from a disabled barge off the coast of Point Judith, Rhode Island on Wednesday after their tug sank. The U.S. Coast Guard reports that watchstanders at...

November 25, 2020
Total Views: 8854

Tuesday, November 24, 2020
submarine cable map
News

Tech Giants Ask Malaysia For Subsea Cable Waiver

by Mei Mei Chu (Reuters) – Microsoft, Google, and Facebook have asked Malaysia’s Prime Minister to reinstate an exemption allowing non-Malaysian ships to carry out repairs to submarine cables in the...

November 24, 2020
Total Views: 1744

Tuesday, November 17, 2020
maersk ship
Maritime News

Maersk Raises Guidance Ahead of Earnings Release

By Alastair Reed (Bloomberg) –A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping company enjoys stronger demand than feared amid the...

November 17, 2020
Total Views: 1797

Environment

2020’s Worst Hurricane Slams Into Central America

By Wilmer Lopez PUERTO CABEZAS, Nicaragua, Nov 17 (Reuters) – Hurricane Iota sent zinc roofing flying into the streets, toppled electricity poles and flayed palm trees as it battered northeastern...

November 17, 2020
Total Views: 2288

offshore wind farm
Environment

Boris Johnson Seeks Boost for Northern England With Green Jobs Plan

By Tim Ross (Bloomberg) –Boris Johnson will seek to make good on his promise to boost the economies of neglected regions of the U.K. with investment in thousands of jobs...

November 17, 2020
Total Views: 665

SEA-DREAM_2 Cruise-shi
Cruise Ships

SeaDream Cancels 2020 Cruising Retrun After COVID-19 Outbreak

By Nora Buli (Reuters) – Norwegian-owned cruise-ship operator SeaDream Yacht Club has canceled all sailing for the remainder of 2020 after positive COVID-19 test results onboard one of its cruises, it said...

November 17, 2020
Total Views: 938

Monday, November 16, 2020
ship's bridge
Maritime News

Australia to Return to Pre-Covid Maximum Shipboard Service Limits for Seafarers

Australia is set to end interim regulations that have allowed seafarers to work beyond the maximum time limits set out in international maritime labor regulations amid the COVID-19 crisis. The...

November 16, 2020
Total Views: 705

Defense

GAO Study Finds Significant Risks in Coast Guard’s Offshore Patrol Cutter Program

The U.S. Government Accountability Office says the Coast Guard accepted significant risk with the Offshore Patrol Cutter program after Hurricane Michael hit the shipyard where the first of the vessels...

November 16, 2020
Total Views: 8905

IMO greenhouse gas emissions
Environment

Shipping Industry Proposes $5 Billion Program to Help Decarbonize Shipping

The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research and development program that would help accelerate zero-carbon fuels...

November 16, 2020
Total Views: 746

Environment

Hurricane Iota Reaches Catastrophic Category 5 Strength as it Barrels Toward Nicaragua

Hurricane Iota reached category 5 strength on Monday, the latest category 5 on record for the Atlantic basin, according to the NOAA NWS National Hurricane Center. Iota is expected to...

November 16, 2020
Total Views: 301

lng bunkering rotterdam
Maritime News

Historic LNG Bunkering Operation Completed in Rotterdam

The LNG-powered CMA CGM Jacques Saadé has marked a new milestone as it completed its first LNG bunkering in Rotterdam. CMA CGM said called the operation the largest LNG bunkering...

November 16, 2020
Total Views: 682

container port
Maritime News

Carriers Accused of ‘Using Pandemic to Boost Profits’ as Asia-Europe Rates Explode

By Mike Wackett (The Loadstar) – Container freight rates from Asia to Europe are going through the roof, mirroring the trend on the transpacific, with regulators seemingly unable to stop...

November 16, 2020
Total Views: 1385

container shipping
Maritime News

Surprise Cargo Surge Could Surpass Last Year’s Holiday Period

By Richard Weiss and Christopher Jasper (Bloomberg) — Freight carriers including container shippers and cargo airlines say global demand is building toward a seasonal peak that could outstrip last year’s...

November 16, 2020
Total Views: 419

Friday, November 13, 2020
Maritime News

Iota Becomes 30th Named Storm in 2020’s Historic Hurricane Season

By Brian K. Sullivan (Bloomberg) –A system swirling across the central Caribbean has been named Tropical Storm Iota as it heads toward hurricane-ravaged Central America. Iota is forecast to reach...

November 13, 2020
Total Views: 287

Accidents

Weld Failure on Mooring Equipment Led to Barge Striking Fishing Pier -NTSB

The failure of a weld ultimately led to a barge breaking loose from its mooring and heavily damaging a pier in Hampton, Virginia, the National Transportation Safety Board said in...

November 13, 2020
Total Views: 1045

Offshore

Boston Dynamics Robot ‘Spot’ Learning New Tricks Offshore Oil Rig

Nov 13 (Reuters) – Boston Dynamics’ dog-like robot ‘Spot’ is learning new tricks. Working on an oil rig operated by BP Plc nearly 190 miles (305 km) offshore in the...

November 13, 2020
Total Views: 898

Maritime News

IMO’s Maritime Safety Committee Addresses Crew Change Crisis – Better Day for Seafarers Coming and Going

By Barry Parker – Repatriation of seafarers has been one of the most vexing issues facing the maritime industry throughout 2020, as Covid-19 has ravaged the world. Port States, however...

November 13, 2020
Total Views: 725

Maritime News

China Oil Giant Unipec Eyes New Supertankers to Shrink Fuel Glut

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers...

November 13, 2020
Total Views: 660