Thursday, November 12, 2020
Maritime News

Stranded Coal Ships in Crosshairs of China-Australia Spat

By Aaron Clark, Kevin Varley and Rajesh Kumar Singh (Bloomberg) — At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and unable to offload millions...

November 12, 2020
Total Views: 420

Cruise Ships

Norwegian Cruise Line Posts Third Straight Quarterly Loss

Nov 9 (Reuters) – Norwegian Cruise Line Holdings Ltd reported its third straight quarterly loss on Monday, as the COVID-19 pandemic brought the cruise industry to a standstill. Cruise operators...

November 12, 2020
Total Views: 148

Wednesday, November 11, 2020
Offshore

ConocoPhillips Announces Significant Gas Discovery Offshore Norway

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest...

November 11, 2020
Total Views: 146

Defense

Midshipman Sydney Barber Breaks Barriers at United States Naval Academy

For the first time in the 175-year history of the United States Naval Academy, an African American woman has been chosen to the lead midshipmen as brigade commander. Midshipman 1st...

November 11, 2020
Total Views: 453

Maritime News

Eta Takes Aim at Florida’s Gulf Coast for Fourth Landfall

By Gabriella Borter Nov 11 (Reuters) – Eta regained hurricane strength on Wednesday and was expected to bring squall winds and a storm surge to Florida’s west coast before making...

November 11, 2020
Total Views: 50

Maritime News

Latin America Getting First Hybrid Propulsion Offshore Support Vessel

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the Brazil’s leading...

November 11, 2020
Total Views: 174

Maritime News

U.S. Targets Insurers In Latest Round of Nord Stream 2 Sanctions

By Daniel Flatley and Dina Khrennikova (Bloomberg) –The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in the path of...

November 11, 2020
Total Views: 185

ship emissions
Maritime News

Time to Launch Carbon Plan for Shipping is Now, Industry Says

By Jonathan Saul LONDON, Nov 11 (Reuters) – The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading officials said on...

November 11, 2020
Total Views: 99

Tuesday, November 10, 2020
Maritime News

Naval Coalition Celebrates One Year Protecting Shipping in Strait of Hormuz and Bab el-Mandeb Strait

The naval coalition tasked with protecting freedom of navigation and the free flow of commerce through two of the Middle East’s most critical choke points the Strait of Hormuz and Bab...

November 10, 2020
Total Views: 155

Offshore Oil Platform
Offshore

Covid-Stricken Pemex Is No Longer Testing All Platform Workers

By Amy Stillman (Bloomberg) –Petroleos Mexicanos, which has one of the world’s highest employee death tolls from Covid-19, is no longer distributing rapid tests for the virus to workers before...

November 10, 2020
Total Views: 162

bridge of a ship
Maritime News

Overworked Seafarers Face ‘Systematic Failures’ in Work-Rest Compliance -Report

Seafarers face “systemic failures” in the implementation of the regulations related to hours of work and rest, undermining the credibility of the very regulations meant to protect their rights, according...

November 10, 2020
Total Views: 244

Maritime News

Tropical Storm Eta Potentially Threatens U.S. Gulf Oil Production

By Brian K. Sullivan (Bloomberg) –Tropical Storm Eta poses a potential threat to offshore oil and natural gas production in the western Gulf of Mexico as it gets ready to...

November 10, 2020
Total Views: 53

Environment

BP and Orsted Team Up on Green Hydrogen Project in Germany

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale electrolyzer to make hydrogen as a green...

November 10, 2020
Total Views: 176

Cruise Ships

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally

By Jonathan Levin (Bloomberg) –Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking advantage of Monday’s rally on...

November 10, 2020
Total Views: 146

Maritime News

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions

By Marianna Parraga, Rinat Sagdiev and Parisa Hafezi MEXICO CITY, Nov 10 (Reuters) – On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s...

November 10, 2020
Total Views: 211

Maritime News

Challenging Assumptions Around the MV Wakashio Grounding

By Dr Ryan Lloyd, Head Of Research And Development at Geollect – On Sunday 25th July 2020, the Panama-flagged Japanese-owned MV Wakashio was involved in an incident on the south-east coast...

November 10, 2020
Total Views: 645

Monday, November 9, 2020
Loading Soybeans aboard ship in Rosario, Argentina
Maritime News

Argentine Grain Port Workers Strike Over Wages

By Nicolás Misculin BUENOS AIRES, Nov 9 (Reuters) – Argentine grain port workers launched surprise strikes to protest stalled wage talks, their labor union said on Monday, delaying shipments from...

November 9, 2020
Total Views: 85

Maritime News

European Union Hits U.S. with Retaliatory Tariffs on $4 Billion Worth of Goods

By Philip Blenkinsop and Michael Nienaber BRUSSELS/BERLIN, Nov 9 (Reuters) – The European Union will impose tariffs on up to $4 billion of U.S. imports in retaliation for U.S. subsidies...

November 9, 2020
Total Views: 95

vlcc tanker
Maritime News

Ownership Shake-up at Tanker Pool Operator Heidmar

Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The company announced Monday that Mr. Pankaj Khanna has...

November 9, 2020
Total Views: 137

container port
Interesting

Danaos a Big Winner as Containership Charter Rates Soar

By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered ships to secure tonnage and...

November 9, 2020
Total Views: 481