News

The latest maritime and offshore news.


Wednesday, July 19, 2017
How an Alaskan Fisherman Turned $80 Into $1.1 Billion by Popularizing Trash Fish
Interesting

How an Alaskan Fisherman Turned $80 Into $1.1 Billion by Popularizing Trash Fish

By Alex Sazonov (Bloomberg) — Chuck Bundrant was a college freshman with $80 in his pocket when he drove halfway across the country to Seattle to earn a

July 19, 2017
Total Views: 264

UK MAIB Issues Investigation Report Into Fatal Capsizing of Tug During Ship Assist
Accidents

UK MAIB Issues Investigation Report Into Fatal Capsizing of Tug During Ship Assist

A UK Marine Accident Investigation Branch investigation into the fatal capsizing of a harbor tug while assisting a CMA CGM containership in the port of Tulear,

July 19, 2017
Total Views: 288

MH370 Search Data Unveils Fishing Hotspots, Ancient Geological Movements
News

MH370 Search Data Unveils Fishing Hotspots, Ancient Geological Movements

By Tom Westbrook and Jonathan Barrett SYDNEY, July 19 (Reuters) – Detailed sea-floor maps made during the unsuccessful search for missing Malaysia

July 19, 2017
Total Views: 75

U.S., China Talks Get Rocky Start as Secretary Ross Assails Trade Gap
Shipping News

U.S., China Talks Get Rocky Start as Secretary Ross Assails Trade Gap

By Saleha Mohsin, Andrew Mayeda and Ye Xie (Bloomberg) — Talks between the world’s two biggest economies got off to a tense start as U.S. Commerce

July 19, 2017
Total Views: 63

Qatar Seeks to Open New LNG Markets with Floating Terminals
News

Qatar Seeks to Open New LNG Markets with Floating Terminals

LONDON, July 19 (Reuters) – Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets

July 19, 2017
Total Views: 98

Tuesday, July 18, 2017
Port of los angeles
News

Port of Los Angeles Handles Record 9.2 Million TEU in FY 2017

The Port of Los Angeles handled a record 9.2 million Twenty-Foot Units (TEUs) in its 12-month fiscal year ending in June, the highest annual container

July 18, 2017
Total Views: 28

Commerce Secretary Ross Urges China to Give U.S. Companies Equal Footing on Trade
News

Commerce Secretary Ross Urges China to Give U.S. Companies Equal Footing on Trade

By Saleha Mohsin and Ye Xie (Bloomberg) — China’s maturing economy needs to further open markets to American investors and exporters so they can

July 18, 2017
Total Views: 104

containership
News

Tempers Flare as Hamburg Selects Chinese Consortium for Container Port Expansion Project

By Mike Wackett (The Loadstar) – A storm is brewing in the city of Hamburg over the port authority awarding the development of the 42ha Steinwerder South

July 18, 2017
Total Views: 104

Russia Told to Pay Dutch $6 Million Over Greenpeace ‘Arctic Sunrise’ Seizure
News

Russia Told to Pay Dutch $6 Million Over Greenpeace ‘Arctic Sunrise’ Seizure

By Toby Sterling AMSTERDAM, July 18 (Reuters) – Russia must pay the Netherlands more than 5 million euros ($5.79 million)in damages for seizing a

July 18, 2017
Total Views: 117

China Says It’s Done Taking Our Garbage
News

China Says It’s Done Taking Our Garbage

By Tom Miles GENEVA, July 18 (Reuters) – China notified the World Trade Organization (WTO) on Tuesday that it would stop accepting shipments of rubbish

July 18, 2017
Total Views: 43

Senator McCain Introduces New Bill to Repeal Jones Act
Interesting

Senator McCain Introduces New Bill to Repeal Jones Act

Note: On Wednesday, the Mayo Clinic in Phoenix released a statement saying that tissue pathology revealed that a primary brain tumor known as a

July 18, 2017
Total Views: 121

Monday, July 17, 2017
First 13,000 TEU Containership Transits Under New York and New Jersey’s Raised Bayonne Bridge
News

First 13,000 TEU Containership Transits Under New York and New Jersey’s Raised Bayonne Bridge

The 13,208 TEU OOCL Berlin became the largest ship to call at the port of New York and New Jersey when it arrived Monday after transiting under the

July 17, 2017
Total Views: 114

Salvage of Sunken Towing Vessel Continues on Upper Mississippi River
Accidents

Salvage of Sunken Towing Vessel Continues on Upper Mississippi River

The Unified Command convened in response to a sunken towboat loaded with fuel on the Upper Mississippi River near Cairo, Illinois was set to lift the vessel

July 17, 2017
Total Views: 121

shipping containers
News

Bigger Ships Seen Adding More Pressure on Asia-Mediterranean Container Trade

By Mike Wackett (The Loadstar) – Ultra-large container vessels (ULCVs) being phased onto the Asia-Mediterranean container trade are likely to put freight

July 17, 2017
Total Views: 56

Tugs Save Disabled Maersk Containership About to Run Aground in Alaska
News

Tugs Save Disabled Maersk Containership About to Run Aground in Alaska

A disabled Maersk containership was towed to safety on Saturday after losing power and threatening to run aground in Alaska. The United States Coast Guard and

July 17, 2017
Total Views: 89

Mexico Delays Next Oil Auction to Let Huge New Find Sink In
News

Mexico Delays Next Oil Auction to Let Huge New Find Sink In

By Adam Williams (Bloomberg) — Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate

July 17, 2017
Total Views: 19

Aircraft Carrier Trump Will Celebrate Still Needs Lots of Work
Shipping News

Aircraft Carrier Trump Will Celebrate Still Needs Lots of Work

By Tony Capaccio (Bloomberg) — President Donald Trump is scheduled to preside over the commissioning this week of the Navy’s newest aircraft carrier,

July 17, 2017
Total Views: 108

Friday, July 14, 2017
MSC Containership Drags Anchor, Causing Internet Blackout in Somalia -Reports
News

MSC Containership Drags Anchor, Causing Internet Blackout in Somalia -Reports

Somali authorities have detained an MSC containership alleging that the vessel dragged anchor and cut an undersea fibre optic cable supplying internet to much

July 14, 2017
Total Views: 202

Cyber Attack Continues to Haunt Maersk as World’s Largest Carrier Struggles to Recapture Volumes
News

Cyber Attack Continues to Haunt Maersk as World’s Largest Carrier Struggles to Recapture Volumes

By Mike Wackett (The Loadstar) – Maersk Line continues to struggle to regain its cargo volumes after the ransomware cyber attack two weeks ago. In its

July 14, 2017
Total Views: 60

Solstad Farstad Sells 2010-Built AHTS to DOF
News

Solstad Farstad Sells 2010-Built AHTS to DOF

Offshore service vessel giant Solstad Farstad has sold off its first vessel since its formation last month following the mega-merger of three leading OSV

July 14, 2017
Total Views: 157