News

The latest maritime and offshore news.


Monday, June 5, 2017
Saudi, UAE Ports Bar Ships Flying Qatari Flag After Cutting Ties
Shipping News

Saudi, UAE Ports Bar Ships Flying Qatari Flag After Cutting Ties

By Rania El Gamal DUBAI, June 5 (Reuters) – Ports in Saudi Arabia and the United Arab Emirates’ barred ships flying Qatari flags after the two

June 5, 2017
Total Views: 47

Shipping News

Qatar Keeps Exporting Oil and Gas as Saudis Cut Ties

By Mohammed Aly Sergie, Tsuyoshi Inajima and Anthony DiPaola (Bloomberg) — Qatar, the world’s biggest seller of liquefied natural gas, can still access

June 5, 2017
Total Views: 27

Spanish Dockworker Strike Disrupts Ports and Trade Routes
Ports

Spanish Dockworker Strike Disrupts Ports and Trade Routes

MADRID, June 5 (Reuters) – Some of Spain’s biggest port terminals came to a standstill on Monday as shipping companies redirected cargos to avoid a

June 5, 2017
Total Views: 78

Sunday, June 4, 2017
Photo of China's PLAN Liaoning aircraft carrier with escort ships underway
Defense

China’s Growing Naval Might Confronts U.S. Supremacy in Asia

By David Tweed and Adrian Leung (Bloomberg) — Ship by ship, port by port, China has over the past two decades been assembling one of the essential

June 4, 2017
Total Views: 32

offshore wind turbine installation
News

Trump’s Paris Exit Sidelines D.C. for Danes Blazing Wind Trail

By Peter Levring (Bloomberg) — For Denmark, which relies more on wind energy than any other nation on the planet, Thursday last week was a pretty bad

June 4, 2017
Total Views: 63

Friday, June 2, 2017
Trump Withdrawing U.S. from Paris Agreement Puts More Pressure on IMO, NGOs Say
News

Trump Withdrawing U.S. from Paris Agreement Puts More Pressure on IMO, NGOs Say

The Trump Administration’s decision to withdraw from the landmark Paris Agreement on climate change puts added pressure on the International Maritime

June 2, 2017
Total Views: 63

France transits the Expanded Panama Canal
News

Panama Canal Proposes Changes to Toll Structure

Tthe Panama Canal Authority (ACP) has published a proposal for modifications to its current toll structure that it says will allow the waterway to continue

June 2, 2017
Total Views: 125

News

Teekay Tankers Set to Become World’s Largest Public Mid-Sized Tanker Company with TIL Acquisition

NYSE-listed Teekay Tankers (TNK) announced it has agreed to acquire all remaining and outstanding shares of Oslo-listed Tanker Investments (TIL) in a

June 2, 2017
Total Views: 37

GE Floating $1.7 Billion Platform in Germany Shows Power of Wind
News

GE Floating $1.7 Billion Platform in Germany Shows Power of Wind

By Brian Parkin (Bloomberg) — General Electric Co. said it’s ready to ship a 1.5 billion euro ($1.7 billion) offshore wind platform destined for the

June 2, 2017
Total Views: 112

U.S. Navy Takes Delivery of First Next-Generation Aircraft Carrier, Gerald R. Ford
Interesting

U.S. Navy Takes Delivery of First Next-Generation Aircraft Carrier, Gerald R. Ford

The U.S. Navy has accepted delivery of its first next generation aircraft carrier, the future USS Gerald R. Ford (CVN 78), from Huntington Ingalls

June 2, 2017
Total Views: 141

Thursday, June 1, 2017
The U.S. Government Just Released an Incredibly Detailed Map of the Deepwater Gulf of Mexico
Interesting

The U.S. Government Just Released an Incredibly Detailed Map of the Deepwater Gulf of Mexico

The Bureau of Ocean Energy Management has released a 1.4 billion pixel map of the deepwater Gulf of Mexico that is up to 50 times more detailed than any

June 1, 2017
Total Views: 1327

delfin flng
Offshore

U.S. Approves Exports from First Floating LNG Terminal in Gulf of Mexico

By Naureen S. Malik (Bloomberg) — The first floating terminal proposed to export natural gas out of the Gulf of Mexico has been cleared by U.S.

June 1, 2017
Total Views: 102

crosby commander
Interesting

Search Called Off for Missing ‘Crosby Commander’ Crew Member

The U.S. Coast Guard on Thursday suspended its search for the missing crew member of the Crosby Commander tugboat, which sank Monday in the Gulf of Mexico off

June 1, 2017
Total Views: 112

Armed Pirates Attack Navig8 Tanker in Gulf of Oman
News

Armed Pirates Attack Navig8 Tanker in Gulf of Oman

Armed pirates aboard a skiff attacked an oil tanker underway in the Gulf of Oman on Thursday, but the attack was repelled when the ship’s security team

June 1, 2017
Total Views: 225

Photo: Star Bulk
News

The Baltic Dry Index Falls to 850 Points, Its Lowest Level Since February

June 1 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped on Thursday to its

June 1, 2017
Total Views: 22

Commerzbank Moves Closer to Shedding Toxic Ship Loans
News

Commerzbank Moves Closer to Shedding Toxic Ship Loans

FRANKFURT, June 1 (Reuters) – Commerzbank AG on Thursday announced significant steps in its effort to shed its 4.5 billion euro ($5.05 billion) portfolio

June 1, 2017
Total Views: 1228

News

Japan’s Most-Shorted Stock Facing Rough Seas as Largest Shareholder Looms

By Chris Cooper and Kiyotaka Matsuda (Bloomberg) — The most-shorted stock on Japan’s Nikkei 225 Stock Average, a shipping line, is facing rough seas

June 1, 2017
Total Views: 40

Wednesday, May 31, 2017
French President Macron Wants Review of STX Shipyard Sale to Fincantieri
News

French President Macron Wants Review of STX Shipyard Sale to Fincantieri

SAINT-NAZAIRE, France, May 31 (Reuters) – French President Emmanuel Macron said on Wednesday he wanted to review the terms of a recent deal to sell a

May 31, 2017
Total Views: 91

rickmers maritime
Interesting

Rickmers to File for Insolvency as Revamp Fails

By Jan Schwartz HAMBURG, Germany, June 1 (Reuters) – German shipping firm Rickmers filed for insolvency on Thursday, a day after its largest lender HSH

May 31, 2017
Total Views: 47

arctic ice
News

Climate `Danger Zone’ Seen If Trump Pulls Out of Paris Deal

  By Jessica Shankleman (Bloomberg) — Donald Trump wasn’t exaggerating when he said during his election campaign that the U.S. could

May 31, 2017
Total Views: 64