News

The latest maritime and offshore news.


Thursday, November 12, 2020
offshore wind turbine
Environment

First Major U.S. Offshore Wind Farm Faces Latest Permitting Delay

By Nichola Groom Nov 12 (Reuters) – A federal agency said on Thursday it has again delayed a long-awaited environmental study crucial to permitting the

November 12, 2020
Total Views: 455

CMA CGM to Expand LNG-Powered Fleet to 26 Vessels
Shipping

CMA CGM to Expand LNG-Powered Fleet to 26 Vessels

PARIS, Nov 12 (Reuters) – Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part

November 12, 2020
Total Views: 720

Stranded Coal Ships in Crosshairs of China-Australia Spat
Shipping 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

November 12, 2020
Total Views: 587

cruise ships in miami
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

November 12, 2020
Total Views: 187

Wednesday, November 11, 2020
Midshipman Sydney Barber Breaks Barriers at United States Naval Academy
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

November 11, 2020
Total Views: 588

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

November 11, 2020
Total Views: 178

Latin America Getting First Hybrid Propulsion Offshore Support Vessel
Offshore

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

November 11, 2020
Total Views: 353

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

November 11, 2020
Total Views: 241

ship emissions
Shipping 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

November 11, 2020
Total Views: 136

Tuesday, November 10, 2020
Naval Coalition Celebrates One Year Protecting Shipping in Strait of Hormuz and Bab el-Mandeb Strait
Shipping 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

November 10, 2020
Total Views: 605

bridge of a ship
Shipping 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

November 10, 2020
Total Views: 588

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

November 10, 2020
Total Views: 114

BP and Orsted Team Up on Green Hydrogen Project in Germany
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

November 10, 2020
Total Views: 308

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally
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

November 10, 2020
Total Views: 218

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

November 10, 2020
Total Views: 282

Challenging Assumptions Around the MV Wakashio Grounding
Shipping 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

November 10, 2020
Total Views: 1039

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

November 9, 2020
Total Views: 175

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

November 9, 2020
Total Views: 197

vlcc tanker
Shipping

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

November 9, 2020
Total Views: 592

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

November 9, 2020
Total Views: 732